What is the global market size of Jewelry Market?

Global Jewelry Market size was valued at USD 326.08 billion in 2021 and is poised to grow from USD 340.69 billion in 2022 to USD 482.22 billion by 2030, growing at a CAGR of 4.6% in the forecast period (2023-2030).

Jewelry Market Size, Share, Growth Analysis, By Product Type(Necklace, Ring, Earring, Bracelet), By Material(Gold, Platinum, Diamond, Others), By End User(Men, Women), By Region - Industry Forecast 2024-2031

Report ID: SQMG15L2001 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 92 | Figures: 76

Jewelry Market Regional Insights

In 2021, North America represents a huge offer in the worldwide jewelry market for gems and is expected to stay one of the main districts in the gauge period attributable to the forceful publicizing and marking of the items.

In the meantime, portions of the Asia Pacific, which incorporate India and China, are quickly filling regarding income and utilization. Gold is consumed for a huge scope in China because of its quickly creating economy.

The jewelry market development in India can be credited to the high meaning of gems in Indian culture, rising expectations for everyday comforts, and a developing impact of web-based entertainment on customers.

Jewelry Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Jewelry Market size was valued at USD 326.08 billion in 2019 and is poised to grow from USD 340.69 billion in 2023 to USD 482.22 billion by 2031, growing at a CAGR of 4.6% in the forecast period (2024-2031).

Jewelry have gotten some momentum in the developing business sector because of way of life changes and an ascent in the costs of valuable metal ornaments, adding to the development of the business size. The opposition in the jewelry market is extraordinary as a portion of the players are among the notable producers of jewelry and diamonds. Major players are including Tiffany & Co. (U.S), Louis Vuitton SE (France), Signet Jewelers Limited (Bermuda), Pandora Jewelry, LLC (U.S), H.Stern (Brazil), Richemont (Switzerland), Chow Tai Fook Jewellery Group Limited (Hongkong), Malabar Gold & Diamonds (India), Tata Sons Private Ltd (India), The Swatch Group AG (Switzerland), Tanishq Ltd (India), Cartier SA (France) and Others. Aside from this, few worldwide retail are gaining local brands to arrive at a more extensive purchaser base and grow their portion of the overall industry 'Tiffany & Co.', 'Pandora Jewelry, LLC', 'Cartier', 'Bulgari', 'Harry Winston', 'Graff Diamonds', 'Chopard', 'Van Cleef & Arpels', 'Buccellati', 'Mikimoto', 'Piaget', 'Boucheron', 'David Yurman', 'Swarovski', 'Alex and Ani', 'Monica Vinader', 'Kendra Scott', 'David Webb', 'Hearts On Fire', 'Stephen Webster'

Expanding disposable pay and spending power of consumer to fuel the jewelry market growth. The developing worldwide economy inferable from high discretionary cashflow and spending force of the populace are pushing the interest for the rising utilization of extravagance merchandise, for example, trimmings Additionally, various traditions in regards to the reception of decorations followed by individuals across the globe are supposed to help the acquisition of the item essentially For example, as per the World Gold Council article, August 2020, is proclaiming that Chinese individuals have a practice of giving gold decorations as a gift to the more youthful individuals from the family at unique occasions.

Most shoppers purchase gems from global or laid out brands as they offer bona fide and dependable items and remarkable plans. Online business is one more significant pattern in the business. Most buyers in jewelry market like to explore online prior to buying any item, and many make buys from online gateways for accommodation.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Jewelry Market Size, Share, Growth Analysis, By Product Type(Necklace, Ring, Earring, Bracelet), By Material(Gold, Platinum, Diamond, Others), By End User(Men, Women), By Region - Industry Forecast 2024-2031

Jewelry Market Regional Insights

Jewelry Market Report Snapshots

Want to customize this report?

FAQs

What is the global market size of Jewelry Market?

Who are the key vendors in the Jewelry Market?

What is the key driver of Jewelry Market?

What is the key market trend for Jewelry Market?

Which region accounted for the largest share in Jewelry Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300