Category: Jewelry
Jewelry market research reports by Euromonitor International
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Jewellery in Thailand
Jewellery in Thailand In 2024, jewellery in Thailand saw some recovery from the previous year’s dip. Growth patterns over 2023 and 2024 have been heavily influenced by the fortunes of gold. 2023’2 subdued economic environment, coupled with high inflation and constrained disposable incomes, significa ... Read More
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The World Market for Personal Accessories
The World Market for Personal Accessories After moderate growth in 2023, global sales of personal accessories slowed in 2024. Geopolitical issues, the cost-of-living crisis, and China's slow recovery suggest that the macro environment will remain challenging, requiring personal accessories brands to ... Read More
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Jewellery in Malaysia
Jewellery in Malaysia The sustained high value of gold has significantly bolstered demand for fine jewellery, benefiting Malaysia’s jewellery category in 2024. This has been particularly so for pieces crafted from gold, driving notable growth. Local consumers have demonstrated a strong appetite for ... Read More
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Jewellery in Spain
Jewellery in Spain In 2024, the Spanish jewellery market underperformed compared to the previous year, with sales continuing to lag behind pre-pandemic levels. The challenging economic environment, marked by persistent inflation, high interest rates and subdued consumer confidence, has placed signif ... Read More
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Bags and Luggage in France
Bags and Luggage in France Sales of bags and luggage saw a generally positive performance in France in 2024, with growth in luggage stronger than that seen in bags, in both value and volume terms. Meanwhile, bags slipped into a slight negative decline in volume in 2024, compared to a stronger perfor ... Read More
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Jewellery in France
Jewellery in France Jewellery managed to achieve small positive volume sales in 2024, in addition to stronger value sales with the latter supported by high prices. However, sales have been declining since the post-pandemic rebound when wealthy consumers were keen to indulge in high-end experiences a ... Read More
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Jewellery in Singapore
Jewellery in Singapore In 2024, Singapore's jewellery market experienced continued growth in both retail volume and current value terms, despite economic challenges. In particular, there has been a continued strong demand for gold as a hedge against inflation, with many consumers purchasing gold to ... Read More
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Personal Accessories in Singapore
Personal Accessories in Singapore Singapore’s personal accessories market experienced growth in both retail volume and current value terms in 2024. The latter was driven by significant price increases across the sector, along with the recently implemented Goods and Services Tax (GST) hike, from 8% t ... Read More
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Personal Accessories in Spain
Personal Accessories in Spain In 2024, Spain’s personal accessories market faced significant challenges due to worsening economic conditions. With the prices of basic goods rising and interest rates increasing, the disposable income of the average Spaniard declined. This economic pressure was compou ... Read More
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Personal Accessories in Malaysia
Personal Accessories in Malaysia Personal accessories in Malaysia saw consumer sentiment significantly impacted by the rising cost of living in 2024, driven by increasing prices of necessities. This economic pressure has caused Malaysian consumers to stretch their budgets, leading to fluctuations in ... Read More
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Personal Accessories in France
Personal Accessories in France Personal accessories achieved positive value growth in France in 2024, albeit at a much lower rate than seen in the recent review period. Meanwhile, volume remains in a negative slump. This comparatively sluggish performance is due to a confluence of factors, including ... Read More
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Personal Accessories in South Korea
Personal Accessories in South Korea Personal accessories in South Korea is set to see negligible retail volume growth in 2024, along with dynamic retail current value growth. The much stronger value growth is due to price rises and the strength of luxury sales. While the economic downturn initially ... Read More
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Jewellery in the US
Jewellery in the US While jewellery in the US is set decline again in current value terms in 2024, it is expected to see an improvement from its performance in 2023, with only a negligible fall in sales. Consumers remain cautious in their spending on non-essential goods, and while inflation is moder ... Read More
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Personal Accessories in the US
Personal Accessories in the US In 2024, personal accessories in the US is expected to see a return to growth in current value terms; however, in constant value terms sales are set to continue to decline, albeit improving from 2023. This exemplifies the challenges consumers are dealing with, as infla ... Read More
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Jewellery in South Korea
Jewellery in South Korea Jewellery in South Korea is set to return to growth in retail volume terms and maintain growth in current value terms in 2024, with increases anticipated for both costume and fine jewellery. To compete with Chinese e-commerce platforms such as Alibaba and Temu, local platfor ... Read More
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Jewellery in Argentina
Jewellery in Argentina In 2024, jewellery in Argentina recorded a retail value sales increase by 79% in current terms. The strong devaluation implemented by the newly elected government, played a pivotal role in driving up inflation, which reached an accumulated rate of 211% for the year 2023. Infla ... Read More
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Jewellery in Canada
Jewellery in Canada In 2024, the jewellery market in Canada saw retail value sales increase by 2% in current terms, with costume jewellery recording the strongest performance. Due to a post-pandemic boom, fine jewellery recorded double-digit retail value growth from 2021-2022. Consequently, the reta ... Read More
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Personal Accessories in Switzerland
Personal Accessories in Switzerland In 2024, personal accessories in Switzerland recorded a 2% retail value growth, with this increase in value bolstered by the rise in average unit prices. However, retail volume sales showed a stagnant performance, reflecting cautious purchasing behaviours among co ... Read More
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Personal Accessories in Canada
Personal Accessories in Canada In 2024, Personal Accessories in Canada recorded low single-digit retail value growth while retail volume sales declined. The population grew significantly due to record immigration rates, which supported market growth as newcomers settled into households and bought es ... Read More
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Jewellery in Switzerland
Jewellery in Switzerland Jewellery sales in Switzerland remained robust in 2024, with retail value sales showing stable growth, although retail volume sales stagnated. Fine jewellery experienced a slightly stronger increase in retail value sales compared to costume jewellery, but its performance in ... Read More
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Personal Accessories in Argentina
Personal Accessories in Argentina 2024 was a highly complex environment for consumption in Argentina, primarily due to the strong devaluation carried out by the newly elected government of Javier Milei, who assumed office in 2023. The devaluation, which exceeded 100%, contributed to an accumulated i ... Read More
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Personal Accessories in Australia
Personal Accessories in Australia While remaining stable in retail value growth terms in 2024, retail volume sales of personal accessories in Australia are rising more strongly compared to the previous year. Despite conditions remaining difficult, this represents a welcome reprieve from a tough 2023 ... Read More
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Jewellery in Australia
Jewellery in Australia Jewellery in Australia has returned to positive retail volume growth in 2024, indicating a cautious rebound from the challenging retail conditions that characterised the previous year. These conditions saw retail volumes decline in 2023, as higher interest rates led to lower c ... Read More
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Jewellery in Italy
Jewellery in Italy Jewellery performed well in Italy in 2024, with increases in both volume and current value terms. The best performance was in costume jewellery, which is more accessible and has a broader consumer base compared to fine jewellery. Euromonitor International's Jewelleryin Italy repor ... Read More
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Personal Accessories in Indonesia
Personal Accessories in Indonesia Younger consumers, in particular, represent a key target audience within most areas of personal accessories, thanks to a rise in purchasing power. While older consumers used a high proportion of their incomes to pay for daily needs, millennials, many of whom still l ... Read More
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