NAICS 339911 - Jewelry (except Costume) Manufacturing
This U.S. industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing, engraving, chasing, or etching precious metal solid or precious metal clad jewelry; (2) manufacturing, engraving, chasing, or etching personal goods (i.e., small articles carried on or about the person, such as compacts or cigarette cases) made of precious solid or clad metal; and (3) stamping coins.
Industry trends:
The jewelry manufacturing industry, classified under NAICS 339911, has observed several qualitative trends in recent times. One key trend is the rising demand for customized and personalized jewelry. Advances in technology, such as 3D printing and CAD software, enable manufacturers to offer unique, tailor-made designs that cater to individual preferences. This shift aligns with the broader consumer trend favoring personalized and bespoke products.
Sustainability and ethical sourcing have also become significant trends within the industry. Consumers are increasingly concerned about the environmental and social impact of their purchases. As a result, there is a growing emphasis on using ethically sourced materials and recycled metals, as well as transparent supply chains. Jewelry manufacturers are adopting eco-friendly practices and certifications to cater to this demand.
Moreover, digital transformation is reshaping the jewelry manufacturing landscape. E-commerce platforms and social media channels are becoming essential for marketing and sales, enabling manufacturers to reach a broader audience. Virtual try-on technologies and augmented reality tools are enhancing the online shopping experience, making it more interactive and engaging for consumers.
Looking ahead, the near future is expected to see continued growth in these areas. The market for personalized and bespoke jewelry will likely expand as consumers seek unique and meaningful pieces. Sustainability will remain a crucial factor, with more manufacturers adopting green practices. Digitalization will continue to drive industry evolution, with emerging technologies further enhancing customer experiences and operational efficiencies.
This industry is comprised of:
Bracelets, precious metal, manufacturing
Buttons, precious metal, precious stones, semiprecious stones, manufacturing
Card cases, precious metal, manufacturing
Cases, jewelry, precious metal, manufacturing
Chains or necklace, precious metal, manufacturing
Checkbook covers, precious metal, manufacturing
Cigar cases, precious metal, manufacturing
Cigarette cases, precious metal, manufacturing
Coin purses, precious metal, manufacturing
Comb cases, precious metal, manufacturing
Compacts, precious metal, manufacturing
Cosmetic bags, precious metal, manufacturing
Cuff links, precious metal, manufacturing
Engraving and etching precious metal (except precious plated) jewelry
Handbags, precious metal, manufacturing
Jewel settings and mountings, precious metal, manufacturing
Jewelry, natural or cultured pearls, manufacturing
Jewelry, precious metal, manufacturing
Key cases, precious metal, manufacturing
Lighters, cigar and cigarette, clad with precious metal, manufacturing
Novelties, precious metal (except precious plated), manufacturing
Pins and brooches, precious metal, manufacturing
Pocketbooks, precious metal, men's or women's, manufacturing
Purses, precious metal or clad with precious metal, manufacturing
Rosaries and other small religious articles, precious metal, manufacturing
Sewing cases, precious metal, manufacturing
Straps, watch, precious metal, manufacturing
Tobacco pouches, precious metal, manufacturing
Toilet kits and cases, precious metal, manufacturing
Wallets, precious metal, manufacturing
Watch bands, precious metal, manufacturing
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.