How big is the Wedding Ring Market | Insights, Analysis, Growth & Forecast 2025

Code: MTA9740 Publication Date: Oct 2025

What is the size of Wedding Ring Market?

According to 6Wresearch internal database and industry insights, the Global Wedding Ring Market was valued at USD 25 Billion in 2024 and is expected to reach USD 58.2 Billion by 2031, growing at a compound annual growth rate of 12.70% during the forecast period (2025-2031).

The main drivers of this growth are the rising demand for customised and luxury rings, increasing consumer spending on wedding jewellery, and the adoption of lab-grown diamonds and alternative gemstones, supported by digital retail platforms that enhance convenience, accessibility, and design personalisation.

Growth Factors for Wedding Ring Industry

  • Rising demand for customised and personalised ring designs.
  • Increasing popularity of lab-grown diamonds and ethical sourcing.
  • Growth of online platforms offering digital try-on and customisation.
  • Expanding consumer preference for luxury and branded jewellery.
  • Rising disposable incomes are supporting higher wedding jewellery budgets.

Wedding Ring Market Trends

Trends in the Wedding Ring Market show a clear trend in sustainability and ethically sourced materials, including lab-grown diamonds. Customisation is on the rise, with consumers looking for designs that are distinct to who they are. Digital experiences with virtual try-ons and augmented reality (AR) experiences are changing the way consumers buy wedding bands. Luxury brands are expanding their lines with modern, minimalistic designs while still having the classic brands available. Fashion designers and jewellers are collaborating to increase consumer engagement, and online purchases of wedding rings are trending.

Emerging Developments in the Wedding Ring Market

Emerging developments in the Wedding Ring Market showcase an increased use of blockchain to provide transparency in the sourcing and authenticity of materials. Companies are introducing subscription-based services and offering extended warranties for wedding bands. Lab-grown diamond manufacturers are expanding capacity to meet high demand. Digital-first jewellers are focused on growing the e-commerce platform in global markets. They are also adopting AR and customisation platforms to improve customer interactions. In a competitive wedding jewellery market, jewellers are adopting sustainable practices and utilising recycled metals to appeal to engaged couples.

List of Leading Companies in the Wedding Ring Market

Some of the leading companies include:

  • Tiffany & Co.
  • Cartier (Richemont)
  • Harry Winston Inc.
  • De Beers Group
  • Blue Nile Inc.
  • James Allen (Signet Jewellers)
  • Chopard Group

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All