The economic cost of IPR infringement in the jewellery and watches sector

The economic cost of IPR infringement in the jewellery and watches sector study looks into direct and indirect industry revenue losses and job losses due to the presence of counterfeit products, as well as their impact on public finance. The study refers only to manufacturing and so does not include wholesale and retail trade due to availability of official public data. For that reason, the absolute numbers in this report cannot be directly compared to those previously presented for cosmetics and personal care and for clothing and footwear.


Main findings:

  • 13.5% of sales lost by the sector due to counterfeiting
  • €1.9 billion of revenue lost annually by the sector
  • Additional €1.6 billion of sales lost in related sectors
  • 15 000 direct jobs lost
  • 28 500 direct and indirect jobs lost
  • €600 million of government revenue lost (social contributions and taxes)


The study covers the following products:

  • Manufacture of jewellery and related articles
  • Manufacture of costume and fashion jewellery and related articles
  • Manufacture of watches and clocks


Download the report here

Cover of Observatory newsletter, October edition

The economic cost of IPR infringement in the jewellery and watches sector

In the present report the Observatory focuses its attention on the sector of manufacture of jewellery, costume and fashion jewellery and watches.


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