Europe Jewellery Market (2023-2029) | Industry, Growth, Analysis, Companies, COVID-19 IMPACT, Revenue, Forecast, Share, Value, Trends, Outlook & Size

Europe Jewellery Market Highlights

Report Name	Europe Jewellery Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate (CAGR)	3%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Countries, By Product, By Material
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Topics Covered in the Europe Jewellery Market

Europe Jewellery Market report thoroughly covers the market by countries, by product, and by material. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Europe Jewellery Market Synopsis

Europe Jewellery Market is a dynamic industry that has witnessed significant growth and transformation over the years. Key growth prospects in the industry lie in intensifying into emerging markets within the region, focusing on sustainable practices, and leveraging digital technologies for marketing and sales. Additionally, creating unique customer experiences, both online and in-store, will be crucial for sustained growth. The Europe jewellery market is substantial and includes a mix of well-established luxury brands and emerging online startups. The Europe Jewellery Market size is estimated to be in the billions of euros, with countries like France, Italy, Germany, and the United Kingdom being prominent players.

According to 6Wresearch, the Europe Jewellery Market is expected to grow at a CAGR of 3% during the forecast period of 2023-2029. The growth is mainly attributed to region's strong economy and rising disposable income as it has led to increased consumer spending on luxury and fashion items. Additionally, changing consumer preferences and a growing affinity for personalized jewellery designs have further bolstered the Europe Jewellery Market Growth. Moreover, the rise of e-commerce has made jewellery more accessible to a broader audience, boosting sales. On the other hand, the Europe jewellery market presents numerous opportunities for growth such as E-commerce is expected to continue its ascent, and brands that invest in their online presence and omnichannel strategies stand to benefit. Furthermore, collaborations with fashion designers and influencers can help brands reach a broader and younger audience. However, economic uncertainties, such as the impact of COVID-19 pandemic, have disrupted supply chains and consumer spending patterns. Also, the competition is intense, with both traditional jewellery retailers and online-only players vying for Europe Jewellery Market Share. Additionally, concerns about counterfeit jewellery and the need to comply with stringent regulations related to precious metals ones pose challenges for industry players. Apart from this, several trends are shaping the market which includes customization and personalization, with consumers seeking unique pieces that reflect their individual style. Furthermore, digital technologies like augmented reality are being used to enhance the online shopping experience to attract more customers.

Government policies and schemes introduced in the Europe Jewellery Market

The government has implemented various initiatives such as EU Conflict-Free Sourcing Initiative which aims to ensure that raw materials used in jewellery, such as diamonds and precious metals, are sourced from conflict-free areas and do not contribute to human rights abuses. In addition, many European countries have regulations in place that require jewellery to be hallmarked indicating the purity of the metal and providing assurance to consumers. The EU has strict consumer protection laws that apply to the jewellery market. These laws cover accurate product descriptions, fair pricing, and guarantees on the quality of the product. Furthermore, environmental policies, such as restrictions on the use of certain metals or chemicals in jewellery making, aim to diminish the environmental impact of the industry.

The influence of COVID-19 on the Europe Jewellery Market

The COVID-19 pandemic had several impacts on the Europe Jewellery Industry on the back of lockdowns and factory closures. These unprecedented measures disrupted the global supply chain for jewellery, affecting production of raw materials. With events and social gatherings restricted, there was a shift towards more casual and everyday jewellery, as opposed to luxury ones. The pandemic accelerated the shift towards online shopping. Online sales channels became crucial for reaching consumers. Furthermore, the pandemic increased consumer awareness of sustainability and ethical sourcing which has led to increased interest in jewellery made from recycled materials.

Prominent players in the Europe Jewellery Market

The competitive landscape of the Europe jewellery industry is characterized by a mix of traditional craftsmanship, luxury brands, and emerging players. Some of the leading companies in the market includes;

• Pandora
• Tiffany & Co.
• Cartier
• Swarovski
• Bulgari

Europe Jewellery Market in India

The Europe Jewellery Market in India refers to the presence of European jewellery brands, designs, and products within the Indian market. The market segment has witnessed a rapid surge over the past years due to burgeoning demand for international designs as Indian consumers have shown a growing interest in international jewellery designs and styles. Additionally, India has a significant and growing affluent consumer base that seeks luxury and high-end products. With a burgeoning middle class, India has witnessed increased disposable incomes and this demographic is more likely to invest in higher-end jewellery. Due to global connectivity and exposure to international media, Indian consumers are more aware of international fashion and trends. Moreover, the growth of e-commerce platforms and the expansion of retail outlets have made it easier for European jewellery brands to establish a significant presence in India, reaching a wider consumer base.

Market analysis by Product

According to Parisha, Research Analyst, 6Wresearch, the Earrings is considered as the fastest growing segment in the Europe Jewellery Market. Earrings have gained prominence due to their versatility, allowing consumers to express their style. Additionally, earrings are often seen as easily available entry point into the world of jewellery.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Europe Jewellery Market Outlook
• Market Size of Europe Jewellery Market, 2022
• Forecast of Europe Jewellery Market, 2029
• Historical Data and Forecast of Europe Jewellery Revenues & Volume for the Period 2019 - 2029
• Europe Jewellery Market Trend Evolution
• Europe Jewellery Market Drivers and Challenges
• Europe Jewellery Price Trends
• Europe Jewellery Porter's Five Forces
• Europe Jewellery Industry Life Cycle
• Historical Data and Forecast of Europe Jewellery Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Europe Jewellery Market Revenues & Volume By Necklace for the Period 2019 - 2029
• Historical Data and Forecast of Europe Jewellery Market Revenues & Volume By Ring for the Period 2019 - 2029
• Historical Data and Forecast of Europe Jewellery Market Revenues & Volume By Earrings for the Period 2019 - 2029
• Historical Data and Forecast of Europe Jewellery Market Revenues & Volume By Bracelet for the Period 2019 - 2029
• Historical Data and Forecast of Europe Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Germany Jewellery Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Germany Jewellery Market Revenues & Volume By Necklace for the Period 2019 - 2029
• Historical Data and Forecast of Germany Jewellery Market Revenues & Volume By Ring for the Period 2019 - 2029
• Historical Data and Forecast of Germany Jewellery Market Revenues & Volume By Earrings for the Period 2019 - 2029
• Historical Data and Forecast of Germany Jewellery Market Revenues & Volume By Bracelet for the Period 2019 - 2029
• Historical Data and Forecast of Germany Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Jewellery Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Jewellery Market Revenues & Volume By Necklace for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Jewellery Market Revenues & Volume By Ring for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Jewellery Market Revenues & Volume By Earrings for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Jewellery Market Revenues & Volume By Bracelet for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of France Jewellery Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of France Jewellery Market Revenues & Volume By Necklace for the Period 2019 - 2029
• Historical Data and Forecast of France Jewellery Market Revenues & Volume By Ring for the Period 2019 - 2029
• Historical Data and Forecast of France Jewellery Market Revenues & Volume By Earrings for the Period 2019 - 2029
• Historical Data and Forecast of France Jewellery Market Revenues & Volume By Bracelet for the Period 2019 - 2029
• Historical Data and Forecast of France Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Italy Jewellery Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Italy Jewellery Market Revenues & Volume By Necklace for the Period 2019 - 2029
• Historical Data and Forecast of Italy Jewellery Market Revenues & Volume By Ring for the Period 2019 - 2029
• Historical Data and Forecast of Italy Jewellery Market Revenues & Volume By Earrings for the Period 2019 - 2029
• Historical Data and Forecast of Italy Jewellery Market Revenues & Volume By Bracelet for the Period 2019 - 2029
• Historical Data and Forecast of Italy Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Russia Jewellery Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Russia Jewellery Market Revenues & Volume By Necklace for the Period 2019 - 2029
• Historical Data and Forecast of Russia Jewellery Market Revenues & Volume By Ring for the Period 2019 - 2029
• Historical Data and Forecast of Russia Jewellery Market Revenues & Volume By Earrings for the Period 2019 - 2029
• Historical Data and Forecast of Russia Jewellery Market Revenues & Volume By Bracelet for the Period 2019 - 2029
• Historical Data and Forecast of Russia Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Spain Jewellery Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Spain Jewellery Market Revenues & Volume By Necklace for the Period 2019 - 2029
• Historical Data and Forecast of Spain Jewellery Market Revenues & Volume By Ring for the Period 2019 - 2029
• Historical Data and Forecast of Spain Jewellery Market Revenues & Volume By Earrings for the Period 2019 - 2029
• Historical Data and Forecast of Spain Jewellery Market Revenues & Volume By Bracelet for the Period 2019 - 2029
• Historical Data and Forecast of Spain Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Jewellery Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Jewellery Market Revenues & Volume By Necklace for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Jewellery Market Revenues & Volume By Ring for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Jewellery Market Revenues & Volume By Earrings for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Jewellery Market Revenues & Volume By Bracelet for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Europe Jewellery Market Revenues & Volume By Material for the Period 2019 - 2029
• Historical Data and Forecast of Europe Jewellery Market Revenues & Volume By Gold for the Period 2019 - 2029
• Historical Data and Forecast of Europe Jewellery Market Revenues & Volume By Platinum for the Period 2019 - 2029
• Historical Data and Forecast of Europe Jewellery Market Revenues & Volume By Diamond for the Period 2019 - 2029
• Historical Data and Forecast of Europe Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Germany Jewellery Market Revenues & Volume By Material for the Period 2019 - 2029
• Historical Data and Forecast of Germany Jewellery Market Revenues & Volume By Gold for the Period 2019 - 2029
• Historical Data and Forecast of Germany Jewellery Market Revenues & Volume By Platinum for the Period 2019 - 2029
• Historical Data and Forecast of Germany Jewellery Market Revenues & Volume By Diamond for the Period 2019 - 2029
• Historical Data and Forecast of Germany Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Jewellery Market Revenues & Volume By Material for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Jewellery Market Revenues & Volume By Gold for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Jewellery Market Revenues & Volume By Platinum for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Jewellery Market Revenues & Volume By Diamond for the Period 2019 - 2029
• Historical Data and Forecast of United Kingdom Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of France Jewellery Market Revenues & Volume By Material for the Period 2019 - 2029
• Historical Data and Forecast of France Jewellery Market Revenues & Volume By Gold for the Period 2019 - 2029
• Historical Data and Forecast of France Jewellery Market Revenues & Volume By Platinum for the Period 2019 - 2029
• Historical Data and Forecast of France Jewellery Market Revenues & Volume By Diamond for the Period 2019 - 2029
• Historical Data and Forecast of France Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Italy Jewellery Market Revenues & Volume By Material for the Period 2019 - 2029
• Historical Data and Forecast of Italy Jewellery Market Revenues & Volume By Gold for the Period 2019 - 2029
• Historical Data and Forecast of Italy Jewellery Market Revenues & Volume By Platinum for the Period 2019 - 2029
• Historical Data and Forecast of Italy Jewellery Market Revenues & Volume By Diamond for the Period 2019 - 2029
• Historical Data and Forecast of Italy Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Russia Jewellery Market Revenues & Volume By Material for the Period 2019 - 2029
• Historical Data and Forecast of Russia Jewellery Market Revenues & Volume By Gold for the Period 2019 - 2029
• Historical Data and Forecast of Russia Jewellery Market Revenues & Volume By Platinum for the Period 2019 - 2029
• Historical Data and Forecast of Russia Jewellery Market Revenues & Volume By Diamond for the Period 2019 - 2029
• Historical Data and Forecast of Russia Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Spain Jewellery Market Revenues & Volume By Material for the Period 2019 - 2029
• Historical Data and Forecast of Spain Jewellery Market Revenues & Volume By Gold for the Period 2019 - 2029
• Historical Data and Forecast of Spain Jewellery Market Revenues & Volume By Platinum for the Period 2019 - 2029
• Historical Data and Forecast of Spain Jewellery Market Revenues & Volume By Diamond for the Period 2019 - 2029
• Historical Data and Forecast of Spain Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Jewellery Market Revenues & Volume By Material for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Jewellery Market Revenues & Volume By Gold for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Jewellery Market Revenues & Volume By Platinum for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Jewellery Market Revenues & Volume By Diamond for the Period 2019 - 2029
• Historical Data and Forecast of Rest of Europe Jewellery Market Revenues & Volume By Others for the Period 2019 - 2029
• Europe Jewellery Market - Key Performance Indicators
• Europe Jewellery Market - Import Export Trade Statistics
• Europe Jewellery Market - Opportunity Assessment By Countries
• Europe Jewellery Market - Opportunity Assessment By Product
• Europe Jewellery Market - Opportunity Assessment By Material
• Europe Jewellery Market - Top Companies Market Share
• Europe Jewellery Market - Top Companies Profiles
• Europe Jewellery Market - Comparison of Players in Technical and Operating Parameters
• Europe Jewellery Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Countries

• Germany
• United Kingdom
• France
• Italy
• Russia
• Spain
• Rest Of Europe

By Product

• Necklace
• Ring
• Earrings
• Bracelet
• Others

By Material

• Gold
• Platinum
• Diamond
• Others

Frequently Asked Questions About the Market Study (FAQs):