Market Forecast By Type (Precious stone, Semi- precious stone, Others), By Applications (Fashion, Astrology, Others), By Distribution Channel (Offline Retail, Online Retail) And Competitive Landscape
Product Code: ETC016409 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
According to 6Wresearch internal database and industry insights, the United Kingdom (UK) gemstones market is projected to witness robust growth with a compound annual growth rate (CAGR) of 7.6% during 2025–2031. This growth is primarily driven by increasing consumer interest in gemstone-based fashion and spiritual healing practices.
United Kingdom (UK) Gemstones market currently, in 2023, has witnessed an HHI of 876, Which has decreased moderately as compared to the HHI of 2682 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | United Kingdom (UK) Gemstones Market |
Forecast period | 2025-2031 |
CAGR | 7.6 % |
Growing Sector | Fashion Industry |
The United Kingdom (UK) gemstones market report thoroughly covers the market by Type, Application, and Distribution Channel. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.
The United Kingdom (UK) gemstones market is witnessing robust growth due to rising emphasis on wellness, fashion, and personalised luxury. The strong presence of designer brands, high-end retail, and alternative wellness practitioners is further propelling the strong demand for premium and personalised accessories. Moreover, gemstones are gaining popularity due to their aesthetic appeal and symbolic value. Social media, e-commerce platforms, and influencer partnerships are helping brands to reach style-conscious and wellness-oriented consumers across the country, also supporting the United Kingdom (UK) gemstones market growth.
The United Kingdom (UK) Gemstones Market is expected to grow at a compound annual growth rate (CAGR) of 7.6% between 2025 and 2031. Several major drivers are driving the steady growth of the United Kingdom (UK) gemstones market. Key drivers such as the growing demand for bespoke jewellery, the increasing interest in astrology and metaphysical healing are boosting the strong demand for gemstones. Additionally, the rising influence of digital platforms on consumer buying behaviour further supports the market growth. Online availability, celebrity endorsements, and unique designs are other key drivers fueling sales. Moreover, the growing demand for gemstones as both fashionable and meaningful jewellery component also contribute to the market expansion.
The United Kingdom (UK) gemstones market faces several critical challenges, even with the steady growth. The high cost of certain precious stones is one major challenge limiting access among mainstream buyers. Additionally, limited awareness of gemstone value, authenticity, and usage also offers a major barrier to market growth, mainly in rural areas. The growing sustainability concerns and ethical sourcing issues further pose hurdles. Moreover, issues related to certification, inventory sourcing, and competition between brands are hampering the market growth.
Several key trends are shaping the United Kingdom (UK) gemstones market. The growing popularity of birthstone personalisation and custom jewellery is the key trend as people select stones that align with their identity or beliefs. Additionally, increasing interest in mindfulness, crystal healing, and spiritual balance is propelling the demand for semi-precious stones. Brands offering ethically sourced and lab-certified gemstones with sustainable packaging are also experiencing steady growth in the market. Moreover, the growing popularity of gemstone gift kits and subscription boxes is also shaping the market dynamics.
The United Kingdom (UK) gemstones market offers various strong and strong investment opportunities. Ongoing rising demand for local gemstone-focused fashion or wellness brands that offer strong market potential. Moreover, investors can explore companies focusing on the innovation of online retail platforms with features like gemstone education, astrology-based recommendations, or virtual try-on tools, as it encourages stable growth in the market. Collaborations with yoga studios, fashion designers, and holistic wellness practitioners offer ample opportunities. Moreover, factors such as responsible mining, transparent supply chains, and recycled gemstone collections are also presenting strong potential.
Major companies in the United Kingdom (UK) gemstones market include Gemporia, Astley Clarke, Monica Vinader, Chisholm Hunter, and independent jewellers such as The Alkemistry and Lily Arkwright. These brands use online platforms, boutique stores, and influencer marketing to promote their gemstone collections. Many focus on offering certified stones to appeal to varied customer needs.
According to the British government data, the government is introducing various strict regulations in the United Kingdom (UK) gemstones market. Agencies like the British Hallmarking Council and the Advertising Standards Authority (ASA) closely monitor the market. Furthermore, these regulations focus on ensuring gemstone authenticity, proper labelling, advertising transparency, and ethical sourcing to support responsible market growth. Regulatory bodies encourage sellers to comply with guidelines concerning sustainability disclosures, gemstone certification and consumer rights. Overall, these standards aim to build consumers' trust in the market.
The United Kingdom (UK) gemstones market is expected to witness robust growth in the future, due to the evolving consumer values and rising digital engagement. The rising adoption of personalisation technologies and artificial intelligence will likely enhance gemstone selection based on colour psychology, zodiac, and spiritual preferences. Furthermore, augmented reality (AR) and virtual fitting tools are expected to gain popularity in online retail. Moreover, ongoing collaborations across beauty, fashion, and holistic health sectors are likely to shape market dynamics and support market expansion in the coming years.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Mansi Kaushik, Senior Research Analyst at 6Wresearch, Precious stones dominate the United Kingdom (UK) gemstones market. Stones like diamonds, sapphires, emeralds, and rubies are widely used in high-end jewellery, engagement rings, and designer collections, maintaining strong consumer demand and value perception.
The Fashion segment holds the largest United Kingdom (UK) gemstones market share, as gemstones are widely used in personal accessories, occasion wear, and luxury fashion collections. Increasing personalization and styling preferences among younger consumers fuel this segment’s growth.
The Market report covers a detailed analysis of the following market segments:
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 United Kingdom (UK) Gemstones Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Gemstones Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Gemstones Market - Industry Life Cycle |
3.4 United Kingdom (UK) Gemstones Market - Porter's Five Forces |
3.5 United Kingdom (UK) Gemstones Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Kingdom (UK) Gemstones Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 United Kingdom (UK) Gemstones Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 United Kingdom (UK) Gemstones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for unique and rare gemstones in the luxury market |
4.2.2 Increasing disposable income and consumer willingness to spend on luxury items |
4.2.3 Rising popularity of ethical sourcing and sustainable practices in the gemstone industry |
4.3 Market Restraints |
4.3.1 Fluctuations in global gemstone prices and market volatility |
4.3.2 Competition from synthetic gemstones and other alternative materials |
4.3.3 Regulatory challenges related to certification and authenticity of gemstones |
5 United Kingdom (UK) Gemstones Market Trends |
6 United Kingdom (UK) Gemstones Market, By Types |
6.1 United Kingdom (UK) Gemstones Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Gemstones Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 United Kingdom (UK) Gemstones Market Revenues & Volume, By Precious stone, 2021 - 2031F |
6.1.4 United Kingdom (UK) Gemstones Market Revenues & Volume, By Semi- precious stone, 2021 - 2031F |
6.1.5 United Kingdom (UK) Gemstones Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 United Kingdom (UK) Gemstones Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Gemstones Market Revenues & Volume, By Fashion, 2021 - 2031F |
6.2.3 United Kingdom (UK) Gemstones Market Revenues & Volume, By Astrology, 2021 - 2031F |
6.2.4 United Kingdom (UK) Gemstones Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 United Kingdom (UK) Gemstones Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Gemstones Market Revenues & Volume, By Offline Retail, 2021 - 2031F |
6.3.3 United Kingdom (UK) Gemstones Market Revenues & Volume, By Online Retail, 2021 - 2031F |
7 United Kingdom (UK) Gemstones Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Gemstones Market Export to Major Countries |
7.2 United Kingdom (UK) Gemstones Market Imports from Major Countries |
8 United Kingdom (UK) Gemstones Market Key Performance Indicators |
8.1 Average selling price of gemstones in the UK market |
8.2 Number of new entrants or players in the UK gemstones market |
8.3 Consumer awareness and preference for ethically sourced gemstones |
8.4 Market demand for specific types of gemstones (e.g., diamonds, emeralds, sapphires) |
9 United Kingdom (UK) Gemstones Market - Opportunity Assessment |
9.1 United Kingdom (UK) Gemstones Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Kingdom (UK) Gemstones Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 United Kingdom (UK) Gemstones Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 United Kingdom (UK) Gemstones Market - Competitive Landscape |
10.1 United Kingdom (UK) Gemstones Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Gemstones Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |