Jewelry Market In India 2024-2028
The jewelry market in india is forecasted to grow by USD 25.2 bn during 2023-2028, accelerating at a CAGR of 6.1% during the forecast period. The 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 in jewelry design and manufacturing.
Technavio's jewelry market in india is segmented as below:
- By Type
- Gold
- Diamond
- Others
- By Distribution Channel
- Specialist retailers
- Online
- By Geographical Landscape
- APAC
This study identifies the rise in online sales as one of the prime reasons driving the jewelry market in india growth during the next few years. Also, increasing demand for lightweight jewelry and rising prevalence of fusion jewelry will lead to sizable demand in the market.
The report on the jewelry market in india covers the following areas:
- Jewelry market in india sizing
- Jewelry market in india forecast
- Jewelry market in india 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 in india 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, Padmavati Jewellery, PC Jeweller Ltd., Rajesh Exports Ltd., Titan Co. Ltd., Tribhovandas Bhimji Zaveri Ltd., Vaibhav Global Ltd., and Vivah Creation. 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.
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.