Luxury Jewelry Market, by Material (Gold, Diamond, Silver, Platinum, and Others), by Product Type (Necklace, Ring, Bracelet, Hair Ornaments, Earring, Leg & Feet Ornaments, and Others), by End User (Men and Women), and by Distribution Channel (Mono-brand S

Luxury Jewelry Market, by Material (Gold, Diamond, Silver, Platinum, and Others), by Product Type (Necklace, Ring, Bracelet, Hair Ornaments, Earring, Leg & Feet Ornaments, and Others), by End User (Men and Women), and by Distribution Channel (Mono-brand Stores, Multi-brand Boutiques, Departmental Stores, Online Stores, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Luxury jewelry is designed from different materials such as gold, silver, diamond, and platinum. It consists of different products such as necklace, ring, bracelet, hair ornaments, earring, leg & feet ornaments among others.
Market Dynamics
Among material, diamond segment accounted for largest revenue share in the global luxury jewelry market in 2017, owing to rising demand for diamonds in rings. To cater to this demand, key players are introducing diamond engagement ring collections. For instance, in September 2018, Tiffany & Co. (American luxury jewelry and specialty retailer) introduced new engagement ring line consisting of diamond rings. Among product type, necklace segment accounted for the largest market share in 2017, and is expected to retain its dominance, owing to lucrative demand for neckwear in Asian countries such as China, India, and Japan.
Europe dominated the market in 2021, and Asia Pacific is projected to be the fastest growing region in the global luxury jewelry market over the forecast period. Government initiatives are playing important role in growth of luxury jewelry in Asia Pacific. For instance, in India, The Gems and Jewelry Export Promotion Council (GJEPC), signed a Memorandum of Understanding with Maharashtra Industrial Development Corporation (MIDC) to build India’s largest jewelry park in Mumbai with overall investment of US$ 2.1 billion in 2018.
Several companies that manufacture luxury jewelry are adopting various organic and inorganic growth strategies, in order to sustain their market position. For instance, in April 2017, The Franco-Swiss group FM Industries Sycrilor, which manufactures luxury jewelry for companies such as Louis Vuitton, Cartier, and Mont-Blanc started one of its technological and production centers in the Portuguese city of Covilha. The center was established to cater to increasing demand for high quality precision specialization of jewelry metals.
Key features of the study:
This report provides an in-depth analysis of the global luxury jewelry market, its market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains an attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global luxury jewelry market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Gucciogucci S.P.A., Harry Winston, Inc., Societe Cartier, Tiffany & Co, Compagnie Financiere Richemont SA, Buccellati Holding Italia SpA, Graff Diamonds Corporation, Bulgari S.p.A., K. Mikimoto & Co., Ltd., and Chopard International SA
Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global luxury jewelry market report caters to various stakeholders in this industry including investors, suppliers, luxury jewelry manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global luxury jewelry market
Detailed Segmentation:
Global Luxury Jewelry Market, By Material:
Gold
Silver
Diamond
Platinum
Others
Global Luxury Jewelry Market, By Product Type :
Necklace
Ring
Bracelet
Hair Ornaments
Earring
Leg & Feet Ornaments
Others
Global Luxury Jewelry Market, By End User :
Men
Women
Global Luxury Jewelry Market, By Distribution Channel :
Mono-brand Stores
Multi-brand Boutiques
Departmental Stores
Online Stores
Others
Global Luxury Jewelry Market, By Region:
North America
By Material:
Gold
Silver
Diamond
Platinum
Others
By Product Type:
Necklace
Ring
Bracelet
Hair Ornaments
Earring
Leg & Feet Ornaments
Others
By End User:
Men
Women
By Distribution Channel:
Mono-brand Stores
Multi-brand Boutiques
Departmental Stores
Online Stores
Others
By Country:
U.S.
Canada
Europe
By Material:
Gold
Silver
Diamond
Platinum
Others
By Product Type:
Necklace
Ring
Bracelet
Hair Ornaments
Earring
Leg & Feet Ornaments
Others
By End User:
Men
Women
By Distribution Channel:
Mono-brand Stores
Multi-brand Boutiques
Departmental Stores
Online Stores
Others
By Country:
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Material:
Gold
Silver
Diamond
Platinum
Others
By Product Type:
Necklace
Ring
Bracelet
Hair Ornaments
Earring
Leg & Feet Ornaments
Others
By End User:
Men
Women
By Distribution Channel:
Mono-brand Stores
Multi-brand Boutiques
Departmental Stores
Online Stores
Others
By Country:
China
India
Japan
South Korea
ASEAN
Australia
Rest of Asia Pacific
Latin America
By Material:
Gold
Silver
Diamond
Platinum
Others
By Product Type:
Necklace
Ring
Bracelet
Hair Ornaments
Earring
Leg & Feet Ornaments
Others
By End User:
Men
Women
By Distribution Channel:
Mono-brand Stores
Multi-brand Boutiques
Departmental Stores
Online Stores
Others
By Country:
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
By Material:
Gold
Silver
Diamond
Platinum
Others
By Product Type:
Necklace
Ring
Bracelet
Hair Ornaments
Earring
Leg & Feet Ornaments
Others
By End User:
Men
Women
By Distribution Channel:
Mono-brand Stores
Multi-brand Boutiques
Departmental Stores
Online Stores
Others
By Country:
GCC Countries
Rest of Middle East
Africa
By Material:
Gold
Silver
Diamond
Platinum
Others
By Product Type:
Necklace
Ring
Bracelet
Hair Ornaments
Earring
Leg & Feet Ornaments
Others
By End User:
Men
Women
By Distribution Channel:
Mono-brand Stores
Multi-brand Boutiques
Departmental Stores
Online Stores
Others
By Region/Country:
North Africa
Central Africa
South Africa
Company Profiles
Gucciogucci S.P.A.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Harry Winston, Inc.
Chopard International S.A.
Societe Cartier
Tiffany & Co
Compagnie Financiere Richemont SA
Buccellati Holding Italia SpA
Graff Diamonds Corporation
Bulgari S.p.A
Mikimoto & Co., Ltd.
“*” marked represents similar segmentation in other categories in the respective section.