IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
Jewellery & Watch Wholesaling in Canada Industry Data and Analysis
Jewellery and watch wholesalers have endured significant fluctuations in recent years. Revenue has been directly impacted by skyrocketing metal prices, particularly in 2024 and 2025, when gold set repeated record highs. Rising gold, silver and platinum prices, driven by shifts in supply and demand, have pushed wholesalers to pass down these cost increases to buyers, supporting growing revenue despite slowing sales volumes and profit. Heightened macroeconomic uncertainty in recent years, influenced by elevated inflationary pressures and ongoing sociopolitical conflicts, has pushed consumers toward perceived safer investments, including precious metals. During this time, unfavourable macroeconomic conditions also weakened consumer demand for discretionary purchases like jewellery and watches, pushing consumers toward more affordable offerings and preventing larger revenue gains. These trends have supported revenue growing at an estimated CAGR of 1.7% to $4.4 billion in the five years through 2026, including a 1.4% gain that year alone.
Access this data your way
The Jewellery & Watch Wholesaling in Canada Industry analysis is available in multiple formats to fit seamlessly into your workflow.
API Data Delivery
Feed trusted, human-driven industry intelligence straight into your platform.
Integrations
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
What's included in this industry analysis
IBISWorld's research coverage on the Jewellery & Watch Wholesaling industry in Canada includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released February 2026.
About this industry
What's this industry report about?
The Jewellery & Watch Wholesaling industry in Canada operates under the NAICS industry code 41441CA. This industry wholesales fine jewellery, costume jewellery, watches, clocks, precious metals, metal flatware, precious and semiprecious stones, silverware and jewellers’ findings. This industry does not include the wholesale of precious metal ores or flatware made of nonprecious metal. Related terms covered in the Jewellery & Watch Wholesaling industry in Canada include wholesale bypass, cultured pearl and canadian effective exchange rate index.
What's included in this industry?
Products and services covered in Jewellery & Watch Wholesaling industry in Canada include Diamonds and diamond jewellery, Watches, clocks and parts and Precious metals.
What companies are included in this industry?
Companies covered in the Jewellery & Watch Wholesaling industry in Canada include Canadian Gem.
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 & Watch Wholesaling 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 & Watch Wholesaling 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 & Watch Wholesaling 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 & Watch Wholesaling 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 & Watch Wholesaling 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 & Watch Wholesaling 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 & Watch Wholesaling 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 & Watch Wholesaling industry in Canada.
Trusted by industry professionals
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
Frequently Asked Questions
What is the market size of the Jewellery & Watch Wholesaling industry in Canada in 2026?
The market size of the Jewellery & Watch Wholesaling industry in Canada is $4.4bn in 2026.
How many businesses are there in the Jewellery & Watch Wholesaling industry in Canada in 2026?
There are 880 businesses in the Jewellery & Watch Wholesaling industry in Canada, which has declined at a CAGR of 1.1 % between 2021 and 2026.
How may import tariffs affect the Jewellery & Watch Wholesaling industry in Canada?
The Jewellery & Watch Wholesaling 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 & Watch Wholesaling industry in Canada?
The Jewellery & Watch Wholesaling 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 & Watch Wholesaling industry in Canada grown or declined over the past 5 years?
The market size of the Jewellery & Watch Wholesaling industry in Canada has been growing at a CAGR of 1.7 % between 2021 and 2026.
What is the forecast growth of the Jewellery & Watch Wholesaling industry in Canada over the next 5 years?
Over the next five years, the Jewellery & Watch Wholesaling industry in Canada is expected to grow.
What are the biggest companies in the Jewellery & Watch Wholesaling industry in Canada?
The biggest company operating in the Jewellery & Watch Wholesaling industry in Canada is Canadian Gem
What does the Jewellery & Watch Wholesaling industry in Canada include?
Precious metals and Diamonds are part of the Jewellery & Watch Wholesaling industry in Canada.
Which companies have the highest market share in the Jewellery & Watch Wholesaling industry in Canada?
The company holding the most market share in the Jewellery & Watch Wholesaling industry in Canada is Canadian Gem.
How competitive is the Jewellery & Watch Wholesaling industry in Canada?
The level of competition is high and steady in the Jewellery & Watch Wholesaling industry in Canada.
Cut through the noise with intelligence you can trust
