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Jewellery Stores in Canada Industry Data and Analysis
Jewellery stores in Canada have experienced a dip in performance as businesses face increased competition from department stores, mass merchandisers and e-commerce platforms. This influx of external competition has pressured traditional jewellery stores to rethink their strategies and differentiate themselves. Revenue has dropped at a CAGR of 0.9% over the past five years to reach an estimated $3.6 billion in 2025, when income is projected to drop by 5.2%.
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What's included in this industry analysis
IBISWorld's research coverage on the Jewellery Stores industry in Canada includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released January 2026.
About this industry
What's this industry report about?
The Jewellery Stores industry in Canada operates under the NAICS industry code 44831CA. The Jewellery Stores industry in Canada specializes in the retail of jewelry crafted from gold, diamonds, silver and other precious metals and gemstones. This industry is exclusively comprised of specialty jewelry retailers. Related terms covered in the Jewellery Stores industry in Canada include cut, karat , gemologist and electronic data interchange (edi) .
What's included in this industry?
Products and services covered in Jewellery Stores industry in Canada include Diamond jewellery, Gold jewellery and Watches.
What companies are included in this industry?
Companies covered in the Jewellery Stores industry in Canada include Tiffany & Co., Signet Jewelers Limited and Michael Hill International Limited.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Jewellery Stores industry in Canada.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Jewellery Stores industry in Canada.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Jewellery Stores industry in Canada.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Jewellery Stores industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Jewellery Stores industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Jewellery Stores industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Jewellery Stores industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Jewellery Stores industry in Canada.
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Frequently Asked Questions
What is the market size of the Jewellery Stores industry in Canada in 2026?
The market size of the Jewellery Stores industry in Canada is $3.6bn in 2026.
How many businesses are there in the Jewellery Stores industry in Canada in 2026?
There are 2,928 businesses in the Jewellery Stores industry in Canada, which has declined at a CAGR of 4.2 % between 2021 and 2026.
How may import tariffs affect the Jewellery Stores industry in Canada?
The Jewellery Stores industry in Canada is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Jewellery Stores industry in Canada?
The Jewellery Stores industry in Canada is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Jewellery Stores industry in Canada grown or declined over the past 5 years?
The market size of the Jewellery Stores industry in Canada has been declining at a CAGR of 0.9 % between 2021 and 2026.
What is the forecast growth of the Jewellery Stores industry in Canada over the next 5 years?
Over the next five years, the Jewellery Stores industry in Canada is expected to grow.
What are the biggest companies in the Jewellery Stores industry in Canada?
The biggest companies operating in the Jewellery Stores industry in Canada are Tiffany & Co., Signet Jewelers Limited and Michael Hill International Limited
What does the Jewellery Stores industry in Canada include?
Selling pearl and gemstone jewellery and Selling diamonds jewellery are part of the Jewellery Stores industry in Canada.
Which companies have the highest market share in the Jewellery Stores industry in Canada?
The company holding the most market share in the Jewellery Stores industry in Canada is Tiffany & Co..
How competitive is the Jewellery Stores industry in Canada?
The level of competition is high and steady in the Jewellery Stores industry in Canada.
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