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Bridal by the Numbers

Here are all the statistics you need to know about the American bridal jewelry market.

By Jennifer Heebner, Senior Editor -- JCK-Jewelers Circular Keystone, 1/1/2008

This year's analysis of the U.S. bridal jewelry business offers a snapshot of sales, brand recognition, non-diamond engagement ring (NDER) alternatives, and more. JCK surveyed its nationwide panel of jewelry industry members, 100 percent of whom carry bridal jewelry. Some 430 bridal jewelry retailers answered e-mail surveys in October 2007. While some findings were surprising—colored center stones and palladium are growing in popularity among brides—others were expected: The average price point of diamond engagement rings (DERs) in second marriages is higher than the first. All figures aim to help jewelers remain competitive through benchmarking businesses against national peers.

% Retailers Who Sell NDERs*
DON'T 31%DO 69%
*NDERs = non-diamond engagement rings

Revenue From Bridal Jewelry Sales
Annual Revenue% Respondents
Under $125,00033%
$125,000–$499,99936%
$500,000–$999,99910%
$1M–$2.9M9%
$3M or more12%

Bridal Jewelry as a % of Annual Sales
Bridal Share% Respondents
Less than 20%19%
20%–29%24%
30%–39%21%
40%–49%15%
50%–69%13%
70%–89%5%
90%–100%3%

% Annual DER* Sales From 1st Marriages
Share From 1st-Timers% Respondents
Less than 25%17%
25%–49%31%
50%–74%36%
75%–100%16%
*DER = diamond engagement ring

% Annual DER Sales From 2nd Marriages
Share From 2nd-Timers% Respondents
Less than 25%49%
25%–49%41%
50%–74%9%
75%–100%1%

How Often Three Bridal Rings Are Sold at Same Time
Frequency% Respondents
Always/Almost Always6%
Frequently16%
Sometimes39%
Rarely33%
Never6%

Handling Requests for Brands Not Carried*
Strategy% Respondents
Convert them to a brand you carry65%
Offer to make an identical piece34%
Try to order requested piece from maker32%
Order through fellow jeweler16%
Refer to another jeweler10%
*Multiple responses

Popularity of Bridal Jewelry Metals*
Metal% Respondents
Platinum36%
Platinum/yellow gold mix9%
18k white gold38%
14k white gold56%
18k yellow gold13%
14k yellow gold18%
Other11%
*Multiple responses
Includes palladium, titanium, and sterling silver

Popularity of Center Stone Sizes
Carat Weight% Respondents
Less than 0.50 cts.5%
0.50 cts.–0.90 cts.31%
1.00 cts.–1.40 cts.51%
1.50 cts.–1.90 cts.10%
2.00 cts.–2.90 cts.2%
3.00 cts. or more1%

Popularity of Price Points for 1st-Marriage DERs
Price Point% Respondents
Less than $3,00030%
$3,000–$6,99953%
$7,000–$14,99914%
$15,000–$24,9992%
$25,000 and up1%

Popularity of Price Points for 2nd-Marriage DERs
Price Point% Respondents
Less than $3,00017%
$3,000–$6,99936%
$7,000–$14,99937%
$15,000–$24,9999%
$25,000 and up1%

 

Best-Selling Bridal Jewelry Brands

  1. Scott Kay
  2. Hearts On Fire
  3. Custom-designed
  4. Simon G.
  5. Stuller
  6. Ritani
  7. Tacori
  8. Martin Flyer
  9. A. Jaffe

Most Requested Bridal Jewelry Brands

  1. Tacori
  2. Scott Kay
  3. Store brand
  4. Ritani
  5. Hearts On Fire
  6. Simon G.

Most Popular Stones for NDERs

  1. Blue Sapphire
  2. Fancy Color Sapphire
  3. Ruby/Emerald
  4. Moissanite
  5. Cubic Zirconia
  6. Tanzanite
  7. Opal
Bridal Fast Facts

1.10 cts.: Average Center Stone Size

$3,200: Average Price of a DER

$2,633: Average Price of a DER 5 years ago

Annual Averages

$809,433: Revenue from bridal jewelry

36%: Total % sales from bridal jewelry

$5,241: Price point of DERs in 1st-time marriages

$8,425: Price point of DERs in 2nd-time marriages

50%: % sales from 1st-time engagement rings

28%: % sales from 2nd-time engagement rings

SOURCE: DIAMOND INFORMATION CENTER

American Marriages Fast Facts

54%: % of married Americans

2.2M: Number of annual weddings

19%: % of widowed, divorced, or separated

27%: % never married (age 15+)

6,000: Number of daily weddings

25.3 + 27.1: Median marrying ages of women and men

SOURCE: U.S. CENSUS BUREAU

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