Category: Jewelry
Jewelry market research reports by Euromonitor International
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Jewellery in Australia
Jewellery in Australia Lab-grown diamonds have witnessed a remarkable surge in popularity in the Australian market, and their appeal has continued to grow in 2023. One of the primary factors driving this trend is the increasing competitiveness of lab-grown diamonds in terms of pricing, making them a ... Read More
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Jewellery in France
Jewellery in France Jewellery remains a resilient performer in France, already recovering to 2019’s retail volume sales levels in 2021. Ongoing demand is not only due to a positive offsetting effect post-pandemic. There is a kind of paradox in a country with elevated inflation, ongoing concerns over ... Read More
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Personal Accessories in the US
Personal Accessories in the US Following the extraordinary growth witnessed by personal accessories in 2021, buoyed by the release of pent-up demand and accumulated savings, current value growth slowed to single digits in 2022, although performances varied by category, and the industry is expected t ... Read More
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Personal Accessories in France
Personal Accessories in France Generally, 2023 has been a positive year for value sales of personal accessories in France, while overall demand is declining, depending on the category. The main contributor to value growth is a normalisation effect post-pandemic, inflation and strong price increases, ... Read More
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Personal Accessories in the United Arab Emirates
Personal Accessories in the United Arab Emirates In 2023, growth of personal accessories in the United Arab Emirates remains substantial, although the performance of the industry is uneven; with luxury brands outpacing their mass counterparts. In fact, across all personal accessories categories, wit ... Read More
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Jewellery in South Africa
Jewellery in South Africa Lab grown diamonds are gaining popularity in South Africa, and the reason for this is twofold. The first reason is that lab-grown diamonds are cheaper. Consumers have seen falling disposable incomes in 2023, and therefore lab-grown diamonds have become very attractive. Othe ... Read More
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Personal Accessories in Indonesia
Personal Accessories in Indonesia Retail sales of apparel and footwear in Indonesia registered accelerated growth in constant value terms in 2023, when compared to the previous year. As the country emerged from COVID-19 crisis, Indonesians became increasingly keen to travel, socialise and spend more ... Read More
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Jewellery in the United Kingdom
Jewellery in the United Kingdom The shift in consumer preference towards preferring experiences, and products that provide experiences, such as travelling, or purchasing a home, rather than owning things, is continuing to have a negative impact on sales of jewellery in the UK. Nevertheless, the cate ... Read More
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Personal Accessories in the United Kingdom
Personal Accessories in the United Kingdom Personal accessories is anticipated to keep expanding in retail volume terms in the UK in 2023, due to continued indulgence amongst consumers in the country, as well as the resurgence and growth of inbound tourism. While sales are also anticipated to grow i ... Read More
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Jewellery in Singapore
Jewellery in Singapore The removal of most health-related restrictions in Singapore in 2022 gave rise to much higher sales of jewellery, as consumers in Singapore still prefer to shop for big-ticket items such as fine jewellery in-store to alleviate fears of delivery faults and hassles. After seeing ... Read More
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Personal Accessories in the Netherlands
Personal Accessories in the Netherlands Personal accessories is anticipated to experience subdued growth in 2023, influenced by factors such as inflation, increased energy costs, and higher taxes, leading to a dampened demand. This slower recovery follows a previous year of rapid growth. Despite the ... Read More
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Jewellery in Malaysia
Jewellery in Malaysia Both costume jewellery and fine jewellery registered weaker growth in 2023 both in retail volume and current value terms. Demand was impacted by the rising inflationary pressures being faced by Malaysians with most households seeing a significant increase in the cost of living. ... Read More
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Personal Accessories in Malaysia
Personal Accessories in Malaysia Since pandemic restrictions were lifted there has been a general uptick in sales across all categories of personal accessories, with this pattern continuing into 2023. The reopening of Malaysia’s borders has seen the return of international tourism, with inbound tour ... Read More
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Personal Accessories in Italy
Personal Accessories in Italy Personal accessories continued to perform very well in Italy in 2023, seeing sales rise across categories as Italian consumers returned fully to normal life after the long years of the pandemic. At the same time, travelling, going out and working back in the office, tog ... Read More
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Luxury Goods in Singapore
Luxury Goods in Singapore Retail value sales of luxury goods in Singapore increased by 11% in 2023 in current terms, to total SGD12.4 billion. Development was still widely defined by recovery and a return to more normal consumer behaviour in terms of working, shopping, travelling, and spending on lu ... Read More
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Luxury Goods in Germany
Luxury Goods in Germany Retail sales of luxury goods in Germany increased by 2% in current value terms to reach EUR62.5 billion in 2023. Luxury goods had seen two years of declining sales in 2020 and 2021, with its performance heavily impacted by the various measures put in place across these years ... Read More
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Luxury Goods in China
Luxury Goods in China Retail value sales of luxury goods in China grew by 6% in 2023 in current terms, to stand at CNY3 trillion. Growth in sales was fuelled by several factors during the post-lockdown period. One significant driver was a desire amongst affluent consumers to reward themselves after ... Read More
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Retail Shifts in Latin American Fashion
Retail Shifts in Latin American Fashion Fashion sales in Latin America have surpassed pre-pandemic levels by 2022, driven mainly by price increases due to high inflation. E-commerce grew strongly to become the second largest channel, but consumers in the region are still more inclined to buy fashion ... Read More
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Jewellery in Asia Pacific
Jewellery in Asia Pacific Following jewellery sales’ strong rebound in 2021 from the pandemic-induced steep decline seen in 2020, the re-emergence of COVID-19 in China resulted in a slowdown in the regional performance in 2022, with a return to 2019 sales levels not now expected until 2023. While je ... Read More
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Personal Accessories in Brazil
Personal Accessories in Brazil After registering a strong negative impact in 2020, due to the COVID-19 pandemic, personal accessories is set to see a positive performance in current value terms for a second consecutive year in 2022, with volume sales also expected to return to growth. Much of the va ... Read More
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Jewellery in South Africa
Jewellery in South Africa In 2022, South Africa has recorded one of the highest levels of food inflation that the country has seen for many years. This has forced many consumers to reduce expenditure on non-essential items due to the lack of disposable incomes. Furthermore, this has directly contrib ... Read More
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Personal Accessories in South Africa
Personal Accessories in South Africa Demand for personal accessories was declining in South Africa prior to the pandemic, although 2020 witnessed the strongest drop in volume sales due to store closures as part of measures to control the spread of COVID-19. During this time, only stores deemed to be ... Read More
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Personal Accessories in Taiwan
Personal Accessories in Taiwan Ongoing outbreaks of COVID-19 during Q1 and Q2, negatively impacted sales in the personal accessories landscape. However, later in Q2, the consumption of personal accessories started to recover and grow. Growth following the 2022 wave of COVID-19 came fast, as consumer ... Read More
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Bags and Luggage in Thailand
Bags and Luggage in Thailand One of the most disruptive trends to emerge from the COVID-19 pandemic for bags and luggage in Thailand in the review period was the huge shift towards e-commerce sales across the category. Even as the Coronavirus (COVID-19) pandemic measures were toned down following hi ... Read More
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Bags and Luggage in France
Bags and Luggage in France The bounce-back that did not come in 2021 finally occurred in 2022 for sales of bags and luggage, with the category posting double-digit growth in volume and event higher sales in current value. This stems from a combination of factors, including the total reopening of sch ... Read More
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