Jewelry Market Size, Share & Trends Analysis Report By Product (Necklace, Ring, Earring, Bracelet), By Material (Gold, Platinum, Diamond), By Distribution Channel, By End-user (Men, Women, Children), By Region, And Segment Forecasts, 2024 - 2030
- Report ID: GVR-3-68038-106-1
- Number of Pages: 110
- Format: Electronic (PDF)
- Historical Range: 2018 - 2023
- Industry: Consumer Goods
Market Segmentation
- Jewelry Market Product Outlook (Revenue, USD Million, 2018 - 2030)
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Jewelry Market Material Outlook (Revenue, USD Million, 2018 - 2030)
- Platinum
- Gold
- Diamond
- Others
- Jewelry Market Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Jewelry Market End-user Outlook (Revenue, USD Million, 2018 - 2030)
- Men
- Women
- Children
- Jewelry Market Regional Outlook (USD Million, 2018 - 2030)
- North America
- North America Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- North America Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- North America Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry stores
- Others
- Online Retail Stores
- Offline Retail Stores
- North America Jewelry Market, by End-user
- Men
- Women
- Children
- U.S.
- U.S. Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- U.S. Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- U.S. Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- U.S. Jewelry Market, by End-user
- Men
- Women
- Children
- U.S. Jewelry Market, by Product
- Canada
- Canada Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Canada Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Canada Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Canada Jewelry Market, by End-user
- Men
- Women
- Children
- Canada Jewelry Market, by Product
- Mexico
- Mexico Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Mexico Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Mexico Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Mexico Jewelry Market, by End-user
- Men
- Women
- Children
- Mexico Jewelry Market, by Product
- North America Jewelry Market, by Product
- Europe
- Europe Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Europe Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Europe Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Europe Jewelry Market, by End-user
- Men
- Women
- Children
- UK
- UK Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- UK Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- UK Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- UK Jewelry Market, by End-user
- Men
- Women
- Children
- UK Jewelry Market, by Product
- Germany
- Germany Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Germany Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Germany Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Germany Jewelry Market, by End-user
- Men
- Women
- Children
- Germany Jewelry Market, by Product
- France
- France Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- France Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- France Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- France Jewelry Market, by End-user
- Men
- Women
- Children
- France Jewelry Market, by Product
- Italy
- Italy Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Italy Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Italy Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Italy Jewelry Market, by End-user
- Men
- Women
- Children
- Italy Jewelry Market, by Product
- Spain
- Spain Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Spain Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Spain Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Spain Jewelry Market, by End-user
- Men
- Women
- Children
- Spain Jewelry Market, by Product
- Europe Jewelry Market, by Product
- Asia Pacific
- Asia Pacific Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Asia Pacific Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Asia Pacific Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Asia Pacific Jewelry Market, by End-user
- Men
- Women
- Children
- China
- China Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- China Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- China Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- China Jewelry Market, by End-user
- Men
- Women
- Children
- China Jewelry Market, by Product
- India
- India Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- India Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- India Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- India Jewelry Market, by End-user
- Men
- Women
- Children
- India Jewelry Market, by Product
- Japan
- Japan Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Japan Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Japan Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Japan Jewelry Market, by End-user
- Men
- Women
- Children
- Japan Jewelry Market, by Product
- South Korea
- South Korea Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- South Korea Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- South Korea Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- South Korea Jewelry Market, by End-user
- Men
- Women
- Children
- South Korea Jewelry Market, by Product
- Australia & New Zealand
- Australia & New Zealand Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Australia & New Zealand Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Australia & New Zealand Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Australia & New Zealand Jewelry Market, by End-user
- Men
- Women
- Children
- Australia & New Zealand Jewelry Market, by Product
- Asia Pacific Jewelry Market, by Product
- Central & South America
- Central & South America Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Central & South America Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Central & South America Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Central & South America Jewelry Market, by End-user
- Men
- Women
- Children
- Brazil
- Brazil Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Brazil Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Brazil Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Brazil Jewelry Market, by End-user
- Men
- Women
- Children
- Brazil Jewelry Market, by Product
- Argentina
- Argentina Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Argentina Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Argentina Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Japan Jewelry Market, by End-user
- Men
- Women
- Children
- Argentina Jewelry Market, by Product
- Central & South America Jewelry Market, by Product
- Middle East & Africa
- Middle East & Africa Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Middle East & Africa Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Middle East & Africa Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Middle East & Africa Jewelry Market, by End-user
- Men
- Women
- Children
- South Africa
- South Africa Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- South Africa Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- South Africa Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- South Africa Jewelry Market, by End-user
- Men
- Women
- Children
- South Africa Jewelry Market, by Product
- UAE
- UAE Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- UAE Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- UAE Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- UAE Jewelry Market, by End-user
- Men
- Women
- Children
- UAE Jewelry Market, by Product
- Saudi Arabia
- Saudi Arabia Jewelry Market, by Product
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Saudi Arabia Jewelry Market, by Material
- Platinum
- Gold
- Diamond
- Others
- Saudi Arabia Jewelry Market, by Distribution Channel
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Others
- Online Retail Stores
- Offline Retail Stores
- Saudi Arabia Jewelry Market, by End-user
- Men
- Women
- Children
- Saudi Arabia Jewelry Market, by Product
- Middle East & Africa Jewelry Market, by Product
- North America
Jewelry Market Dynamics
Driver: Increasing Global Spending On Luxury Goods
The luxury jewelry market is experiencing steady growth, driven by rising disposable incomes, increasing consumer preference for premium and personalized products, and a growing desire for luxury experiences. The market encompasses a diverse range of high-end jewelry items, including exquisite necklaces, rings, bracelets, and earrings, crafted from precious metals and adorned with precious gemstones. Luxury jewelry brands continue to captivate consumers with their artistic craftsmanship. The market showcases robust growth across different regions, with North America and Europe dominating the market, driven by high disposable incomes, a strong affinity for luxury goods, and well-established luxury retail infrastructure. Asia-Pacific is emerging as a key growth region, led by the increasing wealth of the middle class, rapid urbanization, and a growing appetite for luxury brands. China is expected to lead the growth in the luxury goods market, including jewelry, owing to consumers increasingly preferring high-end lifestyles. The boom in the country’s online luxury retail sector, most notably in lower-tier cities, is also a factor driving this market. This can be attributed to a massive tech-savvy population that has been turning to online retail platforms for a variety of luxury products, including jewelry.
Driver: Rising Influence Of Hip-Hop Culture
Jewelry that is entirely covered in diamonds is referred to as being "iced out" and has an unmistakably excessive sparkle. Jewelry that is iced out or covered in diamonds is also commonly referred to as "bling jewelry." Almost any piece of jewelry can be iced out to ensure that it attracts attention. This is commonly done with chains and pendants, which are frequently worn by A-list celebrities and rap superstars. Rap music was typically created by and for individuals who could only picture themselves covered in jewels. The messages in their music were paralleled in their style, which served as a means of expression. This increasing popularity and acceptable of bling jewelry by celebrities has created a major opportunity for new entrants as well as existing players to expand their product portfolio in the jewelry market. For instance, Zillionaire—an Indian start-up with a large online presence and a store in the city of Jaipur— focuses on the latest trends on bling jewelry, which can be designed and customized specifically for the youth. These are available in gold, silver, and diamond. The company is looking to revolutionize the jewelry market in India by introducing consumers to the “iced-out” trend that is so popular in the U.S.
Restraint: Fluctuating Prices Of Raw Materials
Gold and platinum are among the most widely used raw materials to manufacture jewelry. Gold is a major commodity material used in making fine jewelry; hence, the price of gold is extremely important for jewelry manufacturers. However, fluctuation in the prices of these metals, primarily gold, has been hampering their demand around the world, leaving manufacturers uncertain about fixing profit margins on their products. The price of gold globally reached a peak value of USD 1,549 per ounce in September 2019 and USD 2,075 per ounce in August 2020. The figure below displays the price of gold in December over the last 5 years (2018-2022). The current price of gold as of January 2023 is USD 1,930.99 per ounce, indicating a rapid increase in the price of gold compared to December 2022. Investors have been buying gold, which has a reputation for being a safe-haven asset, as recession fears spread across the globe. Due to the fact that gold is now used as a commodity material rather than a commodity asset, this has increased the price of the metal and changed the trends for the entire jewelry market. The rise in the cost of commodity material has also affected profit margins of jewelry manufacturers. In order to maintain a profit margin, manufacturers have to pass this price on to consumers by increasing the price of the finished jewelry. Furthermore, changing government laws and regulations impact the overall jewelry market. For instance, rising custom duty on luxury jewelry by the Government of India is likely to have a negative impact on the market and may encourage the grey market.
What Does This Report Include?
This section will provide insights into the contents included in this jewelry market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Jewelry market qualitative analysis
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Industry overview
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Industry trends
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Market drivers and restraints
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Market size
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Growth prospects
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Porter’s analysis
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PESTEL analysis
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Key market opportunities prioritized
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Competitive landscape
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Company overview
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Financial performance
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Product benchmarking
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Latest strategic developments
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Jewelry market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance
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