Global Jewelry Market 2024-2028
The jewelry market is forecasted to grow by USD 107.9 bn during 2023-2028, accelerating at a CAGR of 5.45% during the forecast period. The report on the jewelry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for jewelry as gifts, growing demand for wedding jewelry, and evolving fashion trends in jewelry collections.
Technavio's jewelry market is segmented as below:
- By Distribution Channel
- Specialist retailers
- Online
- By Type
- Gold
- Diamond
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the growing acceptance of jewelry among men as one of the prime reasons driving the jewelry market growth during the next few years. Also, innovative growth strategies adopted by vendors and technological advancements in jewelry designing will lead to sizable demand in the market.
The report on the jewelry market covers the following areas:
- Jewelry market sizing
- Jewelry market forecast
- Jewelry market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading jewelry market vendors that include Cartier SA, Chow Tai Fook Jewellery Group Limited, Compagnie Financiere Richemont SA, David Yurman Enterprises LLC, De Beers Corp., EOS Designs Studio, Graff Diamonds Ltd., Hermes International SA, Hstern Jewellery Ltd., Kalyan Jewellers India Ltd., Kering SA, Le petit fils de L.U. Chopard and Cie SA, LukFook Holdings International Ltd., LVMH Group., Malabar Gold and Diamonds, Pandora Jewelry LLC, PC Jeweller Ltd., Signet Jewelers Ltd., Swarovski AG, Tata Sons Pvt. Ltd., and The Swatch Group Ltd.. Also, the jewelry market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.