Jewellery Market
Jewellery Market Size, Share & Trends Analysis Report by Type (Necklace, Ring, Earring, Bracelet, and Others), by Material (Platinum, Gold, Diamond, and Others), and by End-User (Men, and Women), Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Jewellery market is anticipated to grow at a considerable CAGR of 4.6% during the forecast period. The growth of the market is attributed to factors such as changing consumer preferences towards unique and chunky pieces of jewellery oversized hoops, and geometric shapes such as rectangular, sphere, and square. This highlights the growing popularity of unique and personalized jewellery among consumers and the increasing demand for jewellery made from sustainable materials. Resultantly, pushing the market players to adopt key market strategies with an aim to catering to such as rising demand across the globe. For Instance, in February 2022, luxury jewellery brand Cartier announced its partnership with Gemfield’s leading supplier of colored gemstones. The partnership will see using Gemfield’s Zambian emeralds in their high-end jewellery collections, which are known for their sustainability and ethical practices. This partnership indicates Cartier’s commitment to sustainability and ethical sourcing of materials, reflecting the industry's growing awareness of the importance of responsible production methods, that highlights the rising demand for sustainable and ethical jewellery among consumers.
Segmental Outlook
The global Jewellery market is segmented based on the type, material, and end-user. Based on the type, the market is segmented into necklaces, bangles, chains, rings, earrings, bracelets, and others which includes anklets. Based on the material, the market is sub-segmented into platinum, gold, diamond, and others including titanium, pearls, stainless steel, and base metal. Further, based on end-user, the market is bifurcated into men and women. Among the end-user, the women sub-segment is expected to dominate the market, however, owing to the increasing acceptance of jewellery among men to propel the sub-segment at a considerable CAGR during the forecast period. Various jewellery products such as cufflinks, plain gold chains, tie bars, cartography necklaces, and signet rings are commonly in demand among the male population, globally.
The Gold Sub-Segment is Anticipated to Hold a Prominent Share of the Global Jewelry Market
Among the material, the gold sub-segment is expected to hold a prominent share of the global jewellery market. Segmental growth is attributed to the growing awareness of several health benefits of wearing gold ornaments among the global population. Gold jewellery helps regulate the temperature acts as a de-stressor and speed up the healing process during the injury. Additionally, the gold ornaments are available in various shapes and designs by mixing different types of alloys, which is another factor attracting the consumers towards the gold jewellery. Market players are also focusing on developing new designs of yellow, white, rose, and green gold. For instance, in November 2019, Unique & Co. introduced 9ct rose gold and cubic zirconia to its fine jewellery portfolio. Through this launch, the company has bolstered its offer by adding a new precious metal colour into the mix. The new products launched are easy to wear along with microscopic views of flowers, minimalistic shapes and highlights of cubic zirconia in yellow and rose gold.
Regional Outlook
The global jewellery market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the European region is expected to grow at the considerable CAGR over the forecast period, owing to the growing demand for jewellery inspired by the European and Italian cultures across the globe.
Global Jewellery Market Growth, by Region 2023-2030
The Asia-Pacific Region is Expected to Hold Prominent Share of the Global Jewellery Market.
Among all regions, the Asia-Pacific is anticipated to account for a prominent share of the jewellery market during the forecast period. The growth can be attributed to the significant demand for jewellery especially made of gold in countries such as India and China. According to the World Gold Council, India is the second-largest jewellery market globally. In 2021, the country bought around 611 tonnes of gold jewellery. As per the same source, around 60% of the total Indian women owns gold jewellery, followed by silver jewellery with 57% in 2021. This rise in consumption is majorly attributed to the increase in focus of the population towards the religion and festivals, as the gold is replicated as a symbol of wealth and prosperity.
Market Players Outlook
The major companies serving the global jewellery market are Cartier International SNC, Louis Vuitton Malletier (Louis Vuitton), Compagnie Financière Richemont S.A. (Richemont), David Webb, LLC, and Others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For Instance, in April 2023, LVMH Moët Hennessy Louis Vuitton (LVMH) acquired a majority stakes in Platinum Invest group, a France-based jewellery manufacturing company. Through this acquisition, the company aims to enhance and supplement the current manufacturing and production of its subsidiary company Tiffany & Co.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global jewellery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Louis Vuitton Malletier (Louis Vuitton)
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Pandora A/S
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Compagnie Financière Richemont S.A. (Richemont)
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Jewellery Market by Product Type
4.1.1. Necklace
4.1.2. Ring
4.1.3. Earring
4.1.4. Bracelet
4.1.5. Others (Bangles and Anklet)
4.2. Global Jewellery Market by Material
4.2.1. Platinum
4.2.2. Gold
4.2.3. Diamond
4.2.4. Others (Titanium, Pearls, Stainless Steel, and Base Metal)
4.3. Global Jewellery Market by End-User
4.3.1. Men
4.3.2. Women
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Cartier International SNC
6.2. Chael, Inc.
6.3. Chopard & Cie S.A.
6.4. David Morris International Ltd.
6.5. David Webb, LLC
6.6. David Yurman Enterprises LLC
6.7. H. Stern Ltd.
6.8. Harry Winston, Inc.
6.9. Laurence Graff Ob
6.10. Pomellato
6.11. Rajesh Exports Ltd.
6.12. Signet Jewelers Ltd.
6.13. Swarovski
6.14. Tiffany & Co.
1. GLOBAL JEWELLERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022- 2030 ($ MILLION)
2. GLOBAL NECKALCE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL RING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL EARRING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL BRACELET MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL OTHER JEWELLERY TYPES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL JEWELLERY MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2022-2030 ($ MILLION)
8. GLOBAL PLATINUM JEWELLERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL GOLD JEWELLERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL DIAMOND JEWELLERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL OTHER MATERIALS JEWELLERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL JEWELLERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
13. GLOBAL JEWELLERY FOR MEN MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL JEWELLERY FOR WOMEN MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL JEWELLERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. NORTH AMERICAN JEWELLERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
17. NORTH AMERICAN JEWELLERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
18. NORTH AMERICAN JEWELLERY MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2022-2030 ($ MILLION)
19. NORTH AMERICAN JEWELLERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
20. EUROPEAN JEWELLERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
21. EUROPEAN JEWELLERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
22. EUROPEAN JEWELLERY MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2022-2030 ($ MILLION)
23. EUROPEAN JEWELLERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
24. ASIA-PACIFIC JEWELLERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
25. ASIA-PACIFIC JEWELLERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
26. ASIA-PACIFIC JEWELLERY MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2022-2030 ($ MILLION)
27. ASIA-PACIFIC JEWELLERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
28. REST OF THE WORLD JEWELLERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
29. REST OF THE WORLD JEWELLERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
30. REST OF THE WORLD JEWELLERY MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2022-2030 ($ MILLION)
31. REST OF THE WORLD JEWELLERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
1. GLOBAL JEWELLERY MARKET SHARE BY TYPE, 2022 VS 2030 (%)
2. GLOBAL NECKLACE MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL RING MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL EARRING MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL BRACELET MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL OTHERS JEWELLERY TYPES MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL JEWELLERY MARKET SHARE BY MATERIAL, 2022 VS 2030 (%)
8. GLOBAL PLATINUM JEWELLERY MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL GOLD JEWELLERY MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL DIAMOND JEWELLERY MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL OTHER MATERIALS JEWELLERY MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL JEWELLERY MARKET SHARE BY END-USER, 2022 VS 2030 (%)
13. GLOBAL JEWELLERY FOR MEN MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL JEWELLERY FOR WOMEN MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL JEWELLERY MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. US JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
17. CANADA JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
18. UK JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
19. FRANCE JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
20. GERMANY JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
21. ITALY JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
22. SPAIN JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
23. REST OF EUROPE JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
24. INDIA JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
25. CHINA JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
26. JAPAN JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
27. SOUTH KOREA JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
28. REST OF ASIA-PACIFIC JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF THE WORLD JEWELLERY MARKET SIZE, 2022-2030 ($ MILLION)
