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 Market Overview:
Jewellery represents the ornamental pieces, such as brooches, cufflinks, necklaces, pendants, bracelets, earrings, rings, etc., that are worn for personal adornment. It is manufactured by shaping, refining, and crafting jewels with precious gemstones, including diamond, shells, beads, amber, corals, etc. Furthermore, the key market players are offering jewellery in a variety of styles, owing to the development of new materials, such as plastics and precious metal clay (PMC) and increasing knowledge among craftsmen towards various coloring techniques.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Jewellery Market Trends:
The widespread product adoption as a signifier of religious and ethnic beliefs, symbol of personal meaning or simply an artistic display, marker of social status, etc., is primarily driving the jewellery market. Additionally, the rising consumer awareness towards buying diamond and gold ornaments as a form of investment is further catalyzing the market growth. Besides this, the leading manufacturers are also introducing fashion Jewellery made of plated alloys and crystal stones via online platforms, which is acting as another significant growth-inducing factor. Moreover, the growing number of international retail groups is positively influencing the global market. Apart from this, the increasing integration of advanced technologies, such as global positioning systems (GPS), augmented reality (AR), health and fitness monitoring, etc., with numerous ornamental pieces, including bracelets, is projected to fuel the jewellery market in the coming years.
Report Scope of Jewellery Market:
|
Report Features |
Details |
|
Base Year of the Analysis |
2021 |
|
Historical Period |
2016-2021 |
|
Forecast Period |
2022-2027 |
|
Units |
US$ Billion |
|
Segment Coverage |
Product, Material, Region |
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:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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