| Product Code: ETC424281 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for pearl jewelry exhibited significant growth from 2023 to 2024, with a notable increase of 438.89%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 44.58%. This surge in imports can be attributed to the increasing demand for high-quality pearl jewelry in the market, indicating a positive shift in consumer preferences towards luxury accessories during this period.
Thailand is renowned for its pearl jewelry market, known for producing high-quality freshwater and saltwater pearls. The country`s skilled artisans create exquisite pearl jewelry pieces that are highly sought after worldwide. Thai pearl jewelry combines traditional craftsmanship with modern designs, attracting a diverse clientele. The market`s growth is driven by both domestic and international demand for these unique and timeless pieces. Thailand reputation as a pearl jewelry hub is expected to continue flourishing.
The Thailand pearl jewelry market thrives due to several key drivers. First and foremost is the country`s reputation for producing high-quality pearls, particularly in regions like Phuket and the Gulf of Thailand. Thai jewelers have mastered the art of pearl cultivation, resulting in a steady supply of exquisite pearls. Furthermore, the global trend towards sustainable and eco-friendly jewelry has benefited Thailand pearl market, as pearls are considered more environmentally friendly than traditional gemstones. Additionally, the rising disposable income of the Thai population and the country`s status as a popular tourist destination contribute to increased demand for pearl jewelry.
The pearl jewelry market in Thailand faces several challenges, largely influenced by consumer preferences and market dynamics. Firstly, changing fashion trends and preferences can impact the demand for pearl jewelry, as consumers may opt for other gemstones or materials. Additionally, the market faces competition from synthetic pearls, which are often more affordable and ethically sourced, posing a challenge for natural pearl producers. Ensuring the quality and authenticity of pearls in a market where imitations are prevalent can be a continuous challenge. Moreover, marketing and promoting pearls as a luxury and timeless jewelry choice requires consistent effort, especially in the face of changing consumer demographics. Economic factors, such as disposable income levels, can also affect consumer spending on jewelry, including pearls. Finally, maintaining sustainable and ethical sourcing practices to meet modern consumer expectations for responsible jewelry production is an ongoing challenge for the industry.
The Thailand pearl jewelry market faced challenges during the COVID-19 pandemic. With reduced consumer spending on luxury items, demand for high-end pearl jewelry declined. Travel restrictions also affected the tourist-dependent market, as tourists are a significant customer base for such products. Manufacturers and retailers had to adapt by promoting their products online and exploring domestic sales channels.
The Thailand pearl jewelry market features several leading players renowned for their exquisite pearl creations. "Lotus Arts de Vivre" is a well-known brand specializing in high-end pearl jewelry, incorporating unique designs and craftsmanship. "Prima Pearls Thailand" is another prominent player, offering a wide range of pearl jewelry options, from classic to contemporary styles. Additionally, "Kaimana Pearls" has gained recognition for its commitment to sustainability and the use of ethically sourced pearls in its jewelry designs.
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 Thailand Pearl Jewelry Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Pearl Jewelry Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Pearl Jewelry Market - Industry Life Cycle |
3.4 Thailand Pearl Jewelry Market - Porter's Five Forces |
3.5 Thailand Pearl Jewelry Market Revenues & Volume Share, By Pearl Type, 2021 & 2031F |
3.6 Thailand Pearl Jewelry Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Thailand Pearl Jewelry Market Revenues & Volume Share, By Jewelry Type, 2021 & 2031F |
4 Thailand Pearl Jewelry Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Thailand |
4.2.2 Growing popularity of pearl jewelry as a fashion statement |
4.2.3 Rising tourism industry in Thailand, leading to increased demand for souvenirs like pearl jewelry |
4.3 Market Restraints |
4.3.1 Competition from other types of jewelry like gold, silver, and gemstones |
4.3.2 Fluctuating prices of pearls in the global market affecting production costs |
5 Thailand Pearl Jewelry Market Trends |
6 Thailand Pearl Jewelry Market, By Types |
6.1 Thailand Pearl Jewelry Market, By Pearl Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Pearl Jewelry Market Revenues & Volume, By Pearl Type, 2021-2031F |
6.1.3 Thailand Pearl Jewelry Market Revenues & Volume, By Freshwater, 2021-2031F |
6.1.4 Thailand Pearl Jewelry Market Revenues & Volume, By Saltwater, 2021-2031F |
6.2 Thailand Pearl Jewelry Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Pearl Jewelry Market Revenues & Volume, By Gold, 2021-2031F |
6.2.3 Thailand Pearl Jewelry Market Revenues & Volume, By Silver, 2021-2031F |
6.2.4 Thailand Pearl Jewelry Market Revenues & Volume, By Others, 2021-2031F |
6.3 Thailand Pearl Jewelry Market, By Jewelry Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Pearl Jewelry Market Revenues & Volume, By Necklace, 2021-2031F |
6.3.3 Thailand Pearl Jewelry Market Revenues & Volume, By Earrings, 2021-2031F |
6.3.4 Thailand Pearl Jewelry Market Revenues & Volume, By Rings, 2021-2031F |
6.3.5 Thailand Pearl Jewelry Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Pearl Jewelry Market Import-Export Trade Statistics |
7.1 Thailand Pearl Jewelry Market Export to Major Countries |
7.2 Thailand Pearl Jewelry Market Imports from Major Countries |
8 Thailand Pearl Jewelry Market Key Performance Indicators |
8.1 Average spending on pearl jewelry per tourist in Thailand |
8.2 Number of pearl jewelry stores opening in popular tourist destinations |
8.3 Percentage of growth in online sales of pearl jewelry in Thailand |
9 Thailand Pearl Jewelry Market - Opportunity Assessment |
9.1 Thailand Pearl Jewelry Market Opportunity Assessment, By Pearl Type, 2021 & 2031F |
9.2 Thailand Pearl Jewelry Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Thailand Pearl Jewelry Market Opportunity Assessment, By Jewelry Type, 2021 & 2031F |
10 Thailand Pearl Jewelry Market - Competitive Landscape |
10.1 Thailand Pearl Jewelry Market Revenue Share, By Companies, 2024 |
10.2 Thailand Pearl Jewelry Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |