Leading Jewelry Material Markets Databank

Leading Jewelry Material Markets Databank

The Jewelry market was valued at $248.2 Million in 2020, and is projected to reach $678.6 Million by 2029 growing at a CAGR of 11.87% from 2021 to 2029. Gold segment is expected to be the highest contributor to this market, with $103.3 Million in 2020, and is anticipated to reach $282.9 Million by 2029, registering a CAGR of 11.90%. Platinum segment is anticipated to reach $89.7 Million by 2029 with the highest CAGR of 12.07%. Gold and Diamond segments collectively expected to account for about 77.6% share of the Jewelry market in 2020, with the former constituting around 41.6% share. Platinum and Gold segments are expected to witness significant growth rates at a CAGR of 12.07% and 11.90% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 54.6% in the overall Jewelry market in 2020, and is anticipated to reach 54.9% by 2029.