NAICS 339913 - Jewelers' Material and Lapidary Work Manufacturing
This U.S. industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing unassembled jewelry parts and stock shop products, such as sheet, wire, and tubing; (2) cutting, slabbing, tumbling, carving, engraving, polishing or faceting precious or semiprecious stones and gems; (3) recutting, repolishing, and setting gem stones; and (4) drilling, sawing, and peeling cultured pearls.
Industry trends:
In the NAICS 339913 industry, which includes Jewelers' Material and Lapidary Work Manufacturing, there are several qualitative trends that are currently shaping the sector. One significant trend is the increasing consumer preference for ethically sourced and sustainable materials. This shift is driving manufacturers to adopt more transparent supply chains and to seek certifications that verify the ethical origins of their products.
Additionally, there is a growing demand for customized and personalized jewelry. Advances in technology, especially in 3D printing and computer-aided design (CAD), are enabling manufacturers to offer bespoke pieces more efficiently and at a lower cost. This trend is expected to continue as consumers seek unique items that reflect their personal style and identity.
Another trend is the integration of digital tools and e-commerce platforms. Jewelers and lapidary businesses are increasingly leveraging online sales channels and virtual showrooms to reach a broader audience. The COVID-19 pandemic accelerated this shift, and it is likely to persist as consumers have grown accustomed to online shopping.
Looking to the near future, these trends suggest a favorable outlook for companies that can align with consumer preferences for sustainability, personalization, and digital engagement. As technology continues to advance, the potential for innovation in design and manufacturing processes is likely to drive growth and reshape the competitive landscape within the industry.
This industry is comprised of:
Diamond cutting and polishing
Drilling pearls
Findings, jeweler's, manufacturing
Jeweler's findings and materials manufacturing
Lapidary work manufacturing
Pearl drilling, peeling, or sawing
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
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- Total Assets
- Ownership Type
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