Product Code: ETC13199026 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Jewellery Market was valued at USD 340 Billion in 2024 and is expected to reach USD 450 Billion by 2031, growing at a compound annual growth rate of 4.50% during the forecast period (2025-2031).
The global jewellery market is a dynamic and thriving industry driven by factors such as changing consumer preferences, rising disposable incomes, and increasing demand for luxury goods. The market encompasses a wide range of products including gold, diamond, silver, and other precious stones jewellery. Key market trends include a growing preference for personalized and customized jewellery, the rise of online sales channels, and a focus on sustainability and ethical sourcing. Major players in the industry include renowned brands as well as local artisans and designers. Geographically, Asia Pacific is a key market due to its large consumer base and increasing urbanization, while North America and Europe also contribute significantly to the market. Overall, the global jewellery market is poised for continued growth fueled by innovation, changing fashion trends, and expanding consumer base.
The Global Jewellery Market is witnessing several key trends and opportunities. Sustainable and ethically sourced jewellery is gaining popularity as consumers are becoming more conscious of environmental and social issues. Personalization and customization are also on the rise, with consumers seeking unique and meaningful pieces. The rise of online retailing has opened up new opportunities for reaching a broader audience and providing a seamless shopping experience. Lab-grown diamonds and other alternative materials are disrupting the market by offering more affordable and sustainable options. Additionally, the growing demand for luxury jewellery in emerging markets like China and India presents a lucrative opportunity for expansion. Overall, the jewellery market is evolving to cater to the changing preferences and values of consumers while embracing innovation and sustainability.
In the Global Jewellery Market, challenges include changing consumer preferences, economic uncertainties affecting consumer spending, competition from online retailers, and ethical concerns regarding sourcing practices. With rapidly evolving fashion trends, jewellery companies need to constantly innovate and stay ahead to meet shifting consumer demands. Economic fluctuations can impact disposable income, leading to fluctuations in jewellery sales. The rise of e-commerce has intensified competition, requiring traditional brick-and-mortar retailers to enhance their online presence and customer experience. Additionally, consumers are increasingly conscious of sustainability and ethical sourcing, putting pressure on jewellery companies to ensure transparency and responsible practices throughout their supply chains. Overcoming these challenges requires strategic marketing, product differentiation, strong brand reputation, and a commitment to sustainability.
The global jewelry market is primarily driven by factors such as changing consumer preferences towards luxury goods, increasing disposable income levels, and the growing trend of gifting jewelry for special occasions. The rise of online retailing has also contributed to the market growth by providing consumers with a convenient platform to purchase jewelry. Additionally, the demand for jewelry as a fashion statement and status symbol, especially among the younger population, has further boosted the market. Moreover, the increasing popularity of customized and personalized jewelry products is also fueling the market expansion. Overall, the combination of evolving consumer tastes, rising income levels, e-commerce growth, and the appeal of jewelry as a form of self-expression are key drivers propelling the global jewelry market forward.
Government policies related to the Global Jewellery Market vary by country and can include regulations on mining practices to ensure ethical sourcing of materials, import/export tariffs to control foreign competition, and consumer protection laws regarding the sale of precious metals and gemstones. Some governments also implement tax policies to encourage domestic production and support local artisans. Additionally, there are initiatives aimed at combating money laundering and terrorist financing through enhanced regulations on the jewellery industry. Overall, government policies play a crucial role in shaping the global jewellery market by promoting transparency, sustainability, and fair competition among industry players.
The Global Jewellery Market is expected to witness steady growth in the coming years, driven by factors such as increasing disposable incomes, changing consumer preferences towards luxury items, and the growing popularity of online jewellery shopping. The market is also likely to benefit from the rising demand for personalized and sustainable jewellery pieces. However, challenges such as economic uncertainties, fluctuating raw material prices, and competition from alternative accessories may pose some hindrances to market growth. Overall, technological advancements, innovative designs, and the expanding middle-class population in emerging economies are anticipated to fuel the growth of the Global Jewellery Market in the foreseeable future.
In the Global Jewellery Market, each region offers unique insights and trends. Asia is a key player, driven by the rapid economic growth in countries like China and India, leading to an increasing demand for luxury jewellery. North America boasts a strong market with a focus on customization and sustainable practices. Europe is known for its heritage brands and craftsmanship, catering to a sophisticated consumer base. The Middle East and Africa region showcases a growing market, influenced by cultural traditions and preferences for gold jewellery. Latin America is characterized by vibrant and colorful designs, often incorporating indigenous elements. Each region contributes distinct characteristics to the global jewellery market, offering diverse opportunities for growth and innovation.
Global Jewellery Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Jewellery Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Jewellery Market Revenues & Volume, 2021 & 2031F |
3.3 Global Jewellery Market - Industry Life Cycle |
3.4 Global Jewellery Market - Porter's Five Forces |
3.5 Global Jewellery Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Jewellery Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Jewellery Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Global Jewellery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Jewellery Market Trends |
6 Global Jewellery Market, 2021 - 2031 |
6.1 Global Jewellery Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Jewellery Market, Revenues & Volume, By Necklace, 2021 - 2031 |
6.1.3 Global Jewellery Market, Revenues & Volume, By Ring, 2021 - 2031 |
6.1.4 Global Jewellery Market, Revenues & Volume, By Earrings, 2021 - 2031 |
6.1.5 Global Jewellery Market, Revenues & Volume, By Bracelet, 2021 - 2031 |
6.1.6 Global Jewellery Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Jewellery Market, Revenues & Volume, By Material, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Jewellery Market, Revenues & Volume, By Gold, 2021 - 2031 |
6.2.3 Global Jewellery Market, Revenues & Volume, By Platinum, 2021 - 2031 |
6.2.4 Global Jewellery Market, Revenues & Volume, By Diamond, 2021 - 2031 |
6.2.5 Global Jewellery Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Jewellery Market, Overview & Analysis |
7.1 North America Jewellery Market Revenues & Volume, 2021 - 2031 |
7.2 North America Jewellery Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Jewellery Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Jewellery Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Jewellery Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Jewellery Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Jewellery Market, Revenues & Volume, By Material, 2021 - 2031 |
8 Latin America (LATAM) Jewellery Market, Overview & Analysis |
8.1 Latin America (LATAM) Jewellery Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Jewellery Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Jewellery Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Jewellery Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Jewellery Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Jewellery Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Jewellery Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Jewellery Market, Revenues & Volume, By Material, 2021 - 2031 |
9 Asia Jewellery Market, Overview & Analysis |
9.1 Asia Jewellery Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Jewellery Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Jewellery Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Jewellery Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Jewellery Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Jewellery Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Jewellery Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Jewellery Market, Revenues & Volume, By Material, 2021 - 2031 |
10 Africa Jewellery Market, Overview & Analysis |
10.1 Africa Jewellery Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Jewellery Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Jewellery Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Jewellery Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Jewellery Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Jewellery Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Jewellery Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Jewellery Market, Revenues & Volume, By Material, 2021 - 2031 |
11 Europe Jewellery Market, Overview & Analysis |
11.1 Europe Jewellery Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Jewellery Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Jewellery Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Jewellery Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Jewellery Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Jewellery Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Jewellery Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Jewellery Market, Revenues & Volume, By Material, 2021 - 2031 |
12 Middle East Jewellery Market, Overview & Analysis |
12.1 Middle East Jewellery Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Jewellery Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Jewellery Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Jewellery Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Jewellery Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Jewellery Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Jewellery Market, Revenues & Volume, By Material, 2021 - 2031 |
13 Global Jewellery Market Key Performance Indicators |
14 Global Jewellery Market - Export/Import By Countries Assessment |
15 Global Jewellery Market - Opportunity Assessment |
15.1 Global Jewellery Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Jewellery Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Jewellery Market Opportunity Assessment, By Material, 2021 & 2031F |
16 Global Jewellery Market - Competitive Landscape |
16.1 Global Jewellery Market Revenue Share, By Companies, 2024 |
16.2 Global Jewellery Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |