| Product Code: ETC096583 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India`s natural pearl import shipments in 2024 continued to showcase strong growth, with a high concentration of imports coming from countries like India, Japan, Hong Kong, Indonesia, and China. The market exhibited a high Herfindahl-Hirschman Index (HHI) indicating a concentrated market structure. The impressive Compound Annual Growth Rate (CAGR) of 91.65% from 2020-24 demonstrates the increasing demand for natural pearls in India. Moreover, the notable growth rate of 38.43% from 2023-24 suggests a promising outlook for the natural pearl import market in the country.

The Indiaatural pearl market in India is expected to witness significant growth over the forecast period due to a wide range of factors such as increasing disposable incomes, rising demand for luxury jewellery items, and an increase in awareness about the value of gemstones among India consumers. Additionally, increased availability of high-end products at attractive prices is also likely to aid market expansion. The introduction of innovative designs with enhanced features by major players is anticipated to further fuel demand. For instance, Tanishq introduced Jewels Of Krishna collection comprising pearls from Jaipur and Gujarat in 2025 which gained immense popularity among customers.
The driving factors for India natural pearl market include increasing consumer awareness about fashionable and luxurious items, higher disposable income, developing retail infrastructure, and availability of affordable goods. Additionally, increased internet penetration has made it easier for customers to purchase products online at discounted prices. Moreover, environmental concerns have led to a focus on sustainable production processes which increases consumer preference for naturally produced items like natural pearls rather than artificial or synthetic alternatives. Furthermore, technological advancements such as laser drilling techniques have enabled jewelers to create stylish designs with lesser wastage while maintaining quality standards which is also likely to propel growth in this segment over the forecast period.
Despite its promising Outlook there are certain challenges that can limit growth in India Natural Pearl Market including stringent regulations related to water pollution control due to oyster farming activities; high cost involved due lack of economies of scale; limited access available sources leading difficulty accessing raw materials; and competition from cheaper substitutes like glass or plastic beads & simulated gemstones created from advanced technology rendering them similar looking counterparts yet more economical options compared with real life gems & diamonds hence reducing their popularity among buyers looking low budget options. In addition , owing COVID 19 pandemic outbreak global trade disruptions has caused shortages supply chains resulting shortage availability raw material affecting businesses operating sector adversely.
Some key players participating in Indiaatural Pearl Market are Swarna Jewellery Pvt Ltd., PC Chandra Jewellers Pvt Ltd., Kalyan Jewellers Private Limited (KJP), Sri Jagdamba Pearls Group Co., Motiwala Jewelry Pvt Ltd., Joyalukkas International Ltd., Tribhovandas Bhimji Zaveri (TBZ) ,NAC Jewellers Pte Limited ,Rajesh Exports Limited etc
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 India Natural Pearl Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Natural Pearl Market Revenues & Volume, 2021 & 2031F |
3.3 India Natural Pearl Market - Industry Life Cycle |
3.4 India Natural Pearl Market - Porter's Five Forces |
3.5 India Natural Pearl Market Revenues & Volume Share, By Product type, 2021 & 2031F |
3.6 India Natural Pearl Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Natural Pearl Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the beauty and rarity of natural pearls |
4.2.2 Growing demand for sustainable and environmentally friendly jewelry options |
4.2.3 Rising disposable income levels in India leading to higher spending on luxury goods |
4.3 Market Restraints |
4.3.1 Limited supply of natural pearls due to their rarity and the challenges in cultivation |
4.3.2 High prices of natural pearls compared to synthetic alternatives |
4.3.3 Competition from other luxury jewelry materials like diamonds and gold |
5 India Natural Pearl Market Trends |
6 India Natural Pearl Market, By Types |
6.1 India Natural Pearl Market, By Product type |
6.1.1 Overview and Analysis |
6.1.2 India Natural Pearl Market Revenues & Volume, By Product type, 2021-2031F |
6.1.3 India Natural Pearl Market Revenues & Volume, By Akoya Pearls, 2021-2031F |
6.1.4 India Natural Pearl Market Revenues & Volume, By Fresh Water Pearls, 2021-2031F |
6.2 India Natural Pearl Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Natural Pearl Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.3 India Natural Pearl Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.4 India Natural Pearl Market Revenues & Volume, By Jewelry, 2021-2031F |
6.2.5 India Natural Pearl Market Revenues & Volume, By Others, 2021-2031F |
7 India Natural Pearl Market Import-Export Trade Statistics |
7.1 India Natural Pearl Market Export to Major Countries |
7.2 India Natural Pearl Market Imports from Major Countries |
8 India Natural Pearl Market Key Performance Indicators |
8.1 Sustainability practices in natural pearl harvesting and processing |
8.2 Consumer sentiment towards natural pearls in India |
8.3 Adoption of natural pearl jewelry by key influencers in the fashion industry |
9 India Natural Pearl Market - Opportunity Assessment |
9.1 India Natural Pearl Market Opportunity Assessment, By Product type, 2021 & 2031F |
9.2 India Natural Pearl Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Natural Pearl Market - Competitive Landscape |
10.1 India Natural Pearl Market Revenue Share, By Companies, 2024 |
10.2 India Natural Pearl Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |