According to the latest report by IMARC Group, titled “Jewellery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, the global jewellery market is expected to exhibit a CAGR of 6.1% during 2022-2027.
Jewellery refers to a range of personal decorative ornamental pieces usually designed by shaping various metals, including platinum, gold, and silver. Necklaces, earrings, rings, bracelets, pendants, brooches, and cufflinks are some of the common types of jewellery. These adornments can also offer the wearer protection against radiation, help regulate body temperature, and enhance the overall appearance. Based on these properties, jewellery is worn as an indispensable accessory for fashion purposes and on special occasions.
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Global Jewellery Market Trends:
The global jewellery market is primarily driven by the increasing demand for affordable, premium and fashionable accessories amongst consumers to enhance their overall appearance. This is further influenced by rapid urbanization and inflating disposable incomes, especially in emerging economies. Additionally, the rising purchase of jewellery as a financial asset is further impelling the market growth. Besides this, the employment of advanced production techniques to design jewellery in varying styles using distinct raw materials and gemstones at lower operational costs and higher production speed is propelling the market growth. Other factors, such as extensive celebrity endorsements, the advent of new materials, and growing craftsmanship across the globe, are contributing to the market growth.
Global Jewellery Market 2022-2027 Competitive Analysis and Segmentation:
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global jewellery market, along with forecasts at the global, regional and country-level from 2022-2027. Our report has categorized the market based on product and material.
Competitive Landscape:
- Buccellati (Compagnie Financière Richemont SA)
- Chow Tai Fook Jewellery Company Limited
- Graff
- Harry Winston Inc (The Swatch Group)
- HStern
- LVMH Moët Hennessy Louis Vuitton
- Pandora A/S
- Rajesh Exports Ltd
- Signet Jewelers and Swarovski
Breakup by Product:
- Necklace
- Ring
- Earrings
- Bracelet
- Others
Breakup by Material:
- Gold
- Platinum
- Diamond
- Others
Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
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