Jewelry & Silverware Manufacturing Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This industry comprises establishments primarily engaged in one or more of the following: (1) manufacturing, engraving, chasing, or etching jewelry; (2) manufacturing, engraving, chasing, or etching metal personal goods (i.e., small articles carried on or about the person, such as compacts or cigarette cases); (3) manufacturing, engraving, chasing, or etching precious metal solid, precious metal clad, or pewter flatware and other hollowware; (4) stamping coins; (5) manufacturing unassembled jewelry parts and stock shop products, such as sheet, wire, and tubing; (6) cutting, slabbing, tumbling, carving, engraving, polishing, or faceting precious or semiprecious stones and gems; (7) recutting, repolishing, and setting gem stones; and (8) drilling, sawing, and peeling cultured and costume pearls. This industry includes establishments primarily engaged in manufacturing precious solid, precious clad, and precious plated jewelry and personal goods.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Jewelry and Silverware Manufacturing industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Jewelry & Silverware Manufacturing companies in the United States.
Jewelry & Silverware Manufacturing Revenue by State
Distribution by Company Size
| Company Size | All Industries | Jewelry & Silverware Manufacturing |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Jewelry & Silverware Manufacturing Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Jewelry & Silverware Manufacturing industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
Jewelry (excluding costume) manufacturing | Included |
Jewelry, gold and platinum |
Jewelry and personal goods, gold and platinum |
All other jewelry and personal goods (excluding costume) |
Jewelry (except costume) manufacturing, nsk, total |
Jewelry (except costume) mfg., nsk, nonadministrative-records |
Jewelry (except costume) mfg., nsk, administrative-record |
Silverware and hollowware manufacturing |
Silverware and hollowware made of precious solid or clad metal |
Silverware and hollowware mfg, engraving, chasing, or etching |
Salary information for employees working in the Jewelry & Silverware Manufacturing industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 4% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 3% |
| Sales and Related Occupations | 8% |
| Office and Administrative Support Occupations | 17% |
| Production Occupations | 61% |
| Metal Workers and Plastic Workers | 11% |
| Other Production Occupations | 42% |
| Jewelers and Precious Stone and Metal Workers | 29% |
| Jewelers and Precious Stone and Metal Workers | 29% |
| Miscellaneous Production Workers | 5% |
Government Contracts
The federal government spent an annual total of
$22,626,022 on the jewelry & silverware manufacturing industry. It has awarded 91 contracts to 32 companies, with an average value of $707,063 per company.
Top Companies in Jewelry & Silverware Manufacturing and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
