Global Rings Market 2024-2028
The rings market is forecasted to grow by USD 35.86 bn during 2023-2028, accelerating at a CAGR of 8.35% during the forecast period. The report on the rings 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 wedding rings, growing interest in custom rings, and preference for premium rings among end-users.
Technavio's rings market is segmented as below:
By Distribution Channel
By End-user
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the emerging application of AR in jewelry industry as one of the prime reasons driving the rings market growth during the next few years. Also, increasing focus on ring designs inspired by different cultures and growing focus of vendors on brand endorsement will lead to sizable demand in the market.
The report on the rings market covers the following areas:
- Rings market sizing
- Rings market forecast
- Rings 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 rings market vendors that include Brilliant Earth LLC, Charles and Colvard Ltd., Compagnie Financiere Richemont SA, David Yurman Enterprises LLC, GIVA Jewellery, The LVMH group, Malabar Gold and Diamonds, Pandora Jewelry LLC, PC Jeweller Ltd., ROBBINS BROS., Swarovski AG, Tata Sons Pvt. Ltd., The Swatch Group Ltd., Tiffany and Co, Chow Tai Fook Jewellery Co. Ltd., and Signet Jewelers Ltd.. Also, the rings 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 research - both primary and secondary. 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 the accurate market growth.