Why Japan?

As Japan is world’s 3rd largest jewellery consuming country, valued at USD 8 billion, you must not miss out on this lucrative market.

Japan’s jewellery market is rapidly growing again!

■ Growing Japanese jewellery market

Featured news

Sales of high-end imported cars and luxury goods have been rising since Prime Minister Shinzo Abe took office in December 2012, outpacing the increase of total retail sales. Department stores sold 333 billion yen worth of luxury goods including watches, artworks and jewelry in 2014, up 20 percent from 2012. Over the same period, total retail sales rose 2.6 percent.

Bloomberg.com, Feb. 2015

Strong revival of Japanese economy is boosting the buying power

Due to continuing high stock prices and rising salaries, luxurious goods such as jewellery, expensive watches and imported cars, etc. are selling vigorously in Japan recently.

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The Nikkei has gained 3.4 percent over the past five days, closing at 18,603 on Tuesday – its highest close since the height of dotcom bubble in 2000.
Indeed, Japanese stocks have been on a roll since Prime Minister Shinzo Abe returned to power in 2012, promising to put an end to deflation and get the economy growing again.

CNBC.com, Feb. 25, 2015

■ Nikkei stock average price (JPY)

2020 Tokyo Olympic Games accelerate Japanese economic growth

Olympic Games related spending will vitalise the retail market and boost consumer spending. High spending from the increased number of overseas visitors* will stimulate the consumption of luxurious goods including jewellery.

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Hosting the 2020 games could yield positive economic effects of over 4 trillion yen ($40.4 billion).

economictimes.com, Sep. 8, 2013

Japan experienced an increase in the number of international tourists to Japan, which helped to boost sales of jewellery.

euromonitor.com, Jan. 2014

■ Overseas visitors to Japan will double to 20 million by 2020