India Jewelry Market

Jewelry Market in India 2023-2027



Technavio has been monitoring the jewelry market in India and is forecast to grow by $21.54 bn during 2022-2027, accelerating at a CAGR of 5.54% during the forecast period. Our report on the jewelry market in India 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 cultural significance of jewelry, rising disposable income, and technological advancements.

Technavio's jewelry market in India is segmented as below:

By Type
  • Gold
  • Diamond
  • Others
By Distribution Channel
  • Specialist retailers
  • Online
This study identifies the rise in online sales as one of the prime reasons driving the jewelry market growth during the next few years. Also, increasing demand for lightweight jewelry and the rising prevalence of fusion jewelry will lead to sizable demand in the market.

Technavio 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. Our report on the jewelry market in India covers the following areas:
  • Jewelry market sizing
  • Jewelry market forecast
  • Jewelry market industry analysis
Technavio's 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 ALANKEET CREATIONS LLP, Bhima And Bullion Pvt. Ltd., Derewala Industries Ltd., Dwarka Jewel, DWS Jewellery Pvt. Ltd., Essentials Jewelry, Gurukrupa Gems, Hari Krishna Exports Pvt. Ltd., Joyalukkas India Ltd., Kalyan Jewellers India Ltd., Kanhai Jewels, Malabar Gold and Diamonds, Nsb Jewellery, PC Jeweller Ltd., Rajesh Exports Ltd., Titan Co. Ltd., Tribhovandas Bhimji Zaveri Ltd., Vaibhav Global Ltd., Vivah Creation, and Padmavati Jewellery. Also, the jewelry market in India 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.

Technavio 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. Technavio's 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.


1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Type
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 12: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 13: Chart on India: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on India: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Jewelry market in India 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on Jewelry market in India 2017 - 2021 ($ billion)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Type Segment 2017 - 2021 ($ billion)
4.3 Distribution Channel Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
6.1 Market segments
Exhibit 25: Chart on Type - Market share 2022-2027 (%)
Exhibit 26: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 27: Chart on Comparison by Type
Exhibit 28: Data Table on Comparison by Type
6.3 Gold - Market size and forecast 2022-2027
Exhibit 29: Chart on Gold - Market size and forecast 2022-2027 ($ billion)
Exhibit 30: Data Table on Gold - Market size and forecast 2022-2027 ($ billion)
Exhibit 31: Chart on Gold - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Gold - Year-over-year growth 2022-2027 (%)
6.4 Diamond - Market size and forecast 2022-2027
Exhibit 33: Chart on Diamond - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Data Table on Diamond - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Chart on Diamond - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Diamond - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 37: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 38: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Type
Exhibit 41: Market opportunity by Type ($ billion)
Exhibit 42: Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by Distribution Channel
7.1 Market segments
Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
Exhibit 45: Chart on Comparison by Distribution Channel
Exhibit 46: Data Table on Comparison by Distribution Channel
7.3 Specialist retailers - Market size and forecast 2022-2027
Exhibit 47: Chart on Specialist retailers - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Data Table on Specialist retailers - Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Chart on Specialist retailers - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Specialist retailers - Year-over-year growth 2022-2027 (%)
7.4 Online - Market size and forecast 2022-2027
Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 55: Market opportunity by Distribution Channel ($ billion)
Exhibit 56: Data Table on Market opportunity by Distribution Channel ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 58: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 59: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 60: Overview on factors of disruption
10.4 Industry risks
Exhibit 61: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 62: Vendors covered
11.2 Market positioning of vendors
Exhibit 63: Matrix on vendor position and classification
11.3 ALANKEET CREATIONS LLP
Exhibit 64: ALANKEET CREATIONS LLP - Overview
Exhibit 65: ALANKEET CREATIONS LLP - Product / Service
Exhibit 66: ALANKEET CREATIONS LLP - Key offerings
11.4 Bhima And Bullion Pvt. Ltd.
Exhibit 67: Bhima And Bullion Pvt. Ltd. - Overview
Exhibit 68: Bhima And Bullion Pvt. Ltd. - Product / Service
Exhibit 69: Bhima And Bullion Pvt. Ltd. - Key offerings
11.5 Derewala Industries Ltd.
Exhibit 70: Derewala Industries Ltd. - Overview
Exhibit 71: Derewala Industries Ltd. - Product / Service
Exhibit 72: Derewala Industries Ltd. - Key offerings
11.6 Essentials Jewelry
Exhibit 73: Essentials Jewelry - Overview
Exhibit 74: Essentials Jewelry - Product / Service
Exhibit 75: Essentials Jewelry - Key offerings
11.7 Gurukrupa Gems
Exhibit 76: Gurukrupa Gems - Overview
Exhibit 77: Gurukrupa Gems - Product / Service
Exhibit 78: Gurukrupa Gems - Key offerings
11.8 Hari Krishna Exports Pvt. Ltd.
Exhibit 79: Hari Krishna Exports Pvt. Ltd. - Overview
Exhibit 80: Hari Krishna Exports Pvt. Ltd. - Product / Service
Exhibit 81: Hari Krishna Exports Pvt. Ltd. - Key offerings
11.9 Joyalukkas India Ltd.
Exhibit 82: Joyalukkas India Ltd. - Overview
Exhibit 83: Joyalukkas India Ltd. - Product / Service
Exhibit 84: Joyalukkas India Ltd. - Key offerings
11.10 Kalyan Jewellers India Ltd.
Exhibit 85: Kalyan Jewellers India Ltd. - Overview
Exhibit 86: Kalyan Jewellers India Ltd. - Product / Service
Exhibit 87: Kalyan Jewellers India Ltd. - Key offerings
11.11 Malabar Gold and Diamonds
Exhibit 88: Malabar Gold and Diamonds - Overview
Exhibit 89: Malabar Gold and Diamonds - Product / Service
Exhibit 90: Malabar Gold and Diamonds - Key offerings
11.12 PC Jeweller Ltd.
Exhibit 91: PC Jeweller Ltd. - Overview
Exhibit 92: PC Jeweller Ltd. - Business segments
Exhibit 93: PC Jeweller Ltd. - Key offerings
Exhibit 94: PC Jeweller Ltd. - Segment focus
11.13 Rajesh Exports Ltd.
Exhibit 95: Rajesh Exports Ltd. - Overview
Exhibit 96: Rajesh Exports Ltd. - Product / Service
Exhibit 97: Rajesh Exports Ltd. - Key offerings
11.14 Titan Co. Ltd.
Exhibit 98: Titan Co. Ltd. - Overview
Exhibit 99: Titan Co. Ltd. - Business segments
Exhibit 100: Titan Co. Ltd. - Key offerings
Exhibit 101: Titan Co. Ltd. - Segment focus
11.15 Tribhovandas Bhimji Zaveri Ltd.
Exhibit 102: Tribhovandas Bhimji Zaveri Ltd. - Overview
Exhibit 103: Tribhovandas Bhimji Zaveri Ltd. - Product / Service
Exhibit 104: Tribhovandas Bhimji Zaveri Ltd. - Key offerings
11.16 Vaibhav Global Ltd.
Exhibit 105: Vaibhav Global Ltd. - Overview
Exhibit 106: Vaibhav Global Ltd. - Product / Service
Exhibit 107: Vaibhav Global Ltd. - Key offerings
11.17 Vivah Creation
Exhibit 108: Vivah Creation - Overview
Exhibit 109: Vivah Creation - Product / Service
Exhibit 110: Vivah Creation - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 111: Inclusions checklist
Exhibit 112: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 113: Currency conversion rates for US$
12.4 Research methodology
Exhibit 114: Research methodology
Exhibit 115: Validation techniques employed for market sizing
Exhibit 116: Information sources
12.5 List of abbreviations
Exhibit 117: List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Type
Exhibits5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits6: Executive Summary - Chart on Vendor Market Positioning
Exhibits7: Parent market
Exhibits8: Market Characteristics
Exhibits9: Offerings of vendors included in the market definition
Exhibits10: Market segments
Exhibits11: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibits12: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibits13: Chart on India: Year-over-year growth 2022-2027 (%)
Exhibits14: Data Table on India: Year-over-year growth 2022-2027 (%)
Exhibits15: Historic Market Size - Data Table on Jewelry market in India 2017 - 2021 ($ billion)
Exhibits16: Historic Market Size - Type Segment 2017 - 2021 ($ billion)
Exhibits17: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)
Exhibits18: Five forces analysis - Comparison between 2022 and 2027
Exhibits19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits21: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits22: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits23: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits24: Chart on Market condition - Five forces 2022 and 2027
Exhibits25: Chart on Type - Market share 2022-2027 (%)
Exhibits26: Data Table on Type - Market share 2022-2027 (%)
Exhibits27: Chart on Comparison by Type
Exhibits28: Data Table on Comparison by Type
Exhibits29: Chart on Gold - Market size and forecast 2022-2027 ($ billion)
Exhibits30: Data Table on Gold - Market size and forecast 2022-2027 ($ billion)
Exhibits31: Chart on Gold - Year-over-year growth 2022-2027 (%)
Exhibits32: Data Table on Gold - Year-over-year growth 2022-2027 (%)
Exhibits33: Chart on Diamond - Market size and forecast 2022-2027 ($ billion)
Exhibits34: Data Table on Diamond - Market size and forecast 2022-2027 ($ billion)
Exhibits35: Chart on Diamond - Year-over-year growth 2022-2027 (%)
Exhibits36: Data Table on Diamond - Year-over-year growth 2022-2027 (%)
Exhibits37: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibits38: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibits39: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibits40: Data Table on Others - Year-over-year growth 2022-2027 (%)
Exhibits41: Market opportunity by Type ($ billion)
Exhibits42: Data Table on Market opportunity by Type ($ billion)
Exhibits43: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibits44: Data Table on Distribution Channel - Market share 2022-2027 (%)
Exhibits45: Chart on Comparison by Distribution Channel
Exhibits46: Data Table on Comparison by Distribution Channel
Exhibits47: Chart on Specialist retailers - Market size and forecast 2022-2027 ($ billion)
Exhibits48: Data Table on Specialist retailers - Market size and forecast 2022-2027 ($ billion)
Exhibits49: Chart on Specialist retailers - Year-over-year growth 2022-2027 (%)
Exhibits50: Data Table on Specialist retailers - Year-over-year growth 2022-2027 (%)
Exhibits51: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibits52: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibits53: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibits54: Data Table on Online - Year-over-year growth 2022-2027 (%)
Exhibits55: Market opportunity by Distribution Channel ($ billion)
Exhibits56: Data Table on Market opportunity by Distribution Channel ($ billion)
Exhibits57: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits58: Impact of drivers and challenges in 2022 and 2027
Exhibits59: Overview on Criticality of inputs and Factors of differentiation
Exhibits60: Overview on factors of disruption
Exhibits61: Impact of key risks on business
Exhibits62: Vendors covered
Exhibits63: Matrix on vendor position and classification
Exhibits64: ALANKEET CREATIONS LLP - Overview
Exhibits65: ALANKEET CREATIONS LLP - Product / Service
Exhibits66: ALANKEET CREATIONS LLP - Key offerings
Exhibits67: Bhima And Bullion Pvt. Ltd. - Overview
Exhibits68: Bhima And Bullion Pvt. Ltd. - Product / Service
Exhibits69: Bhima And Bullion Pvt. Ltd. - Key offerings
Exhibits70: Derewala Industries Ltd. - Overview
Exhibits71: Derewala Industries Ltd. - Product / Service
Exhibits72: Derewala Industries Ltd. - Key offerings
Exhibits73: Essentials Jewelry - Overview
Exhibits74: Essentials Jewelry - Product / Service
Exhibits75: Essentials Jewelry - Key offerings
Exhibits76: Gurukrupa Gems - Overview
Exhibits77: Gurukrupa Gems - Product / Service
Exhibits78: Gurukrupa Gems - Key offerings
Exhibits79: Hari Krishna Exports Pvt. Ltd. - Overview
Exhibits80: Hari Krishna Exports Pvt. Ltd. - Product / Service
Exhibits81: Hari Krishna Exports Pvt. Ltd. - Key offerings
Exhibits82: Joyalukkas India Ltd. - Overview
Exhibits83: Joyalukkas India Ltd. - Product / Service
Exhibits84: Joyalukkas India Ltd. - Key offerings
Exhibits85: Kalyan Jewellers India Ltd. - Overview
Exhibits86: Kalyan Jewellers India Ltd. - Product / Service
Exhibits87: Kalyan Jewellers India Ltd. - Key offerings
Exhibits88: Malabar Gold and Diamonds - Overview
Exhibits89: Malabar Gold and Diamonds - Product / Service
Exhibits90: Malabar Gold and Diamonds - Key offerings
Exhibits91: PC Jeweller Ltd. - Overview
Exhibits92: PC Jeweller Ltd. - Business segments
Exhibits93: PC Jeweller Ltd. - Key offerings
Exhibits94: PC Jeweller Ltd. - Segment focus
Exhibits95: Rajesh Exports Ltd. - Overview
Exhibits96: Rajesh Exports Ltd. - Product / Service
Exhibits97: Rajesh Exports Ltd. - Key offerings
Exhibits98: Titan Co. Ltd. - Overview
Exhibits99: Titan Co. Ltd. - Business segments
Exhibits100: Titan Co. Ltd. - Key offerings
Exhibits101: Titan Co. Ltd. - Segment focus
Exhibits102: Tribhovandas Bhimji Zaveri Ltd. - Overview
Exhibits103: Tribhovandas Bhimji Zaveri Ltd. - Product / Service
Exhibits104: Tribhovandas Bhimji Zaveri Ltd. - Key offerings
Exhibits105: Vaibhav Global Ltd. - Overview
Exhibits106: Vaibhav Global Ltd. - Product / Service
Exhibits107: Vaibhav Global Ltd. - Key offerings
Exhibits108: Vivah Creation - Overview
Exhibits109: Vivah Creation - Product / Service
Exhibits110: Vivah Creation - Key offerings
Exhibits111: Inclusions checklist
Exhibits112: Exclusions checklist
Exhibits113: Currency conversion rates for US$
Exhibits114: Research methodology
Exhibits115: Validation techniques employed for market sizing
Exhibits116: Information sources
Exhibits117: List of abbreviations

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