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Sector: 42 Wholesale Trade

NAICS Code 423940 - Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

Industry Description

This industry comprises establishments primarily engaged in the merchant wholesale distribution of jewelry, precious and semiprecious stones, precious metals and metal flatware, costume jewelry, watches, clocks, silverware, and/or jewelers' findings.

Cross-References. Establishments primarily engaged in--

Business Examples

Common types of business activities within NAICS 423940 - Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers are:

  • Watches and parts merchant wholesalers
  • Flatware, precious and plated, merchant wholesalers
  • Tableware, precious and plated, merchant wholesalers
  • Hollowware, precious metal, merchant wholesalers
  • Costume jewelry merchant wholesalers
  • Diamonds (except industrial) merchant wholesalers
  • Metals, precious, merchant wholesalers
  • Jewelry merchant wholesalers
  • Antique jewelry merchant wholesalers
  • Trophies merchant wholesalers
  • Coins merchant wholesalers
  • Numismatic goods merchant wholesalers
  • Gem stones merchant wholesalers
  • Watchcases merchant wholesalers
  • Pearls merchant wholesalers
  • Precious metals merchant wholesalers
  • Jewelers' findings merchant wholesalers
  • Ingots, precious, merchant wholesalers
  • Plated metal cutlery or flatware merchant wholesalers
  • Clocks merchant wholesalers
  • Precious and semiprecious stones merchant wholesalers
  • Silverware, precious and plated, merchant wholesalers
  • Medallions merchant wholesalers
  • Stones, precious and semiprecious, merchant wholesalers

IBISWorld Industry Research Report

Jewelry & Watch Wholesaling in the US (42394)

Revenue 2025

$59bn

Growth 2025

-0.05%

Key Trends

  • The price of gold comprises a large portion of the purchasing costs for wholesalers

  • The industry has contended with large-scale fluctuations in the price of precious metals

  • Expected rising disposable income levels and growth in consumer spending will contribute to revenue growth

Products and Services

Similar Industries

For some business types, there may be a similar industry to 423940 - Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers that is a better classification match. Establishments primarily engaged in:

NAICS Hierarchy 423940 - Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

NAICS Code 423940 - Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers sits in the 2-digit Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes

2 Digits: 42

Sector Title: Wholesale Trade

3 Digits 4 Digits 5 Digits 6 Digits

Similar Industries Niche and Emerging

IBISWorld provides research on hundreds of niche and emerging industries, including the following for 423940 - Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers.

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