What is the growth rate of the India Pearl Market?
According to 6Wresearch internal database and industry insights, the India Pearl Market is expected to grow at a CAGR of 7.5% during 2025-2031.
The key factors driving this growth include the increasing demand for quality pearls for use in jewellery, rising disposable income, and a growing luxury product trend among younger consumers searching for special, quality products to augment their personal style and status.
Growth Factors for India Pearl Market
- Demand for pearls in fashion-focused, luxury jewellery is increasing.
- Disposable income that allows for the purchase of high-end luxury items is increasing.
- Growing demand for cultured pearls due to their affordability and quality.
- Change to sustainable, eco-friendly jewellery options.
- Adoption of pearls in traditional jewellery or blonde designs is increasing.
India Pearl Market Trends
The India Pearl Market is seeing emerging trends such as a shift from natural pearls to cultivated pearls due to cost-effective options or better quality offerings. Some consumers are beginning to select pearls for jewellery items such as necklaces, earrings, and bracelets. The trend in sustainable and eco-friendly jewellery items is increasing. Brands are also using digital marketing approaches to access younger, fashion-focused consumers seeking trendy, quality, pearl items.
Emerging Developments in the India Pearl Market
The India Pearl Market is forecasted to grow with emerging developments, including the rising demand for cultured pearls, which offer high-quality at lower prices. Companies are innovating with designs that integrate pearls in modern and traditional jewellery. With increasing online sales platforms and a shift toward eco-conscious buying behaviour, brands are finding new ways to reach young consumers and meet their luxury demands.
List of Leading Companies in the India Pearl Market
Some of the leading companies include:
- Tanishq
- Malabar Gold & Diamonds
- Kalyan Jewellers
- Senco Gold & Diamonds
- PC Jeweller
- Tribhovandas Bhimji Zaveri
- Joyalukkas
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