Jewellery Market Overview
The global market for Jewellery has been expanding at a stellar pace in recent times. People's changing lifestyles and increased disposable budgets, combined with strong branding and advertising by prominent firms, are the primary factors driving market expansion. The rising demand for high-end and luxurious goods is driving up the price of gold and diamond jewellery. These jewels are used to enhance a person's attractiveness and general appeal and are considered as a status symbol.
On the other side, supply chain interruptions and a rise in raw material prices could hinder market expansion. However, increased design advancements and celebrity endorsements can compensate for this.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Product, Material Type, Category, Type, End-Use, Distribution Channel, and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Tiffany & Co, Cartier SA, CHRIST Jewellers and Watchmakers Since 1983 GmbH Company, Chow Tai Fook Jewellery Company Limited, Graff Diamonds Limited, Gitanjali Group, Tanishq Ltd, Others. |
Covid-19 Impact on Jewellery Market
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Jewellery Market Segment Overview
According to Type, the Real/Fine segment holds the largest share in the global Jewellery Market. Because of its luxurious quality and premium appearance, the real/fine segment accounts for a significant portion of the industry's sales. In the meantime, costume jewellery is predicted to grow in popularity over the projection period. This is due to a growing consumer preference for attractive and affordable jewellery that precisely complements their clothing. The low manufacturing cost of this market is aided by the use of less-precious materials. Nearly half of the market is made up of necklaces, charms, and bracelets. Additionally, Women have dominated the market in terms of end-use and are expected to continue to do so in the projected period.
Jewellery Market, By Product
· Necklace
· Ring
· Earrings
· Charms and Bracelets
· Others
Jewellery Market, By Material Type
· Silver
· Gold
· Platinum
· Diamond
· Others
Jewellery Market, By Category
· Branded
· Unbranded
Jewellery Market, By Type
· Real/Fine
· Costume
Jewellery Market, By End-Use
· Men
· Women
Jewellery Market, By Distribution Channel
· Offline
· Online
Jewellery Regional Overview
Geographically, North America holds a major share of the global jewellery market and is expected to stay one of the leading regions over the forecast period because of the strong promotion and branding of the products. Moreover, the market in the Asia Pacific is expected to grow at a considerable rate in the coming years. In terms of revenue and consumption, parts of Asia Pacific, such as India and China, are quickly developing. Because of its quickly rising economy, China consumes a lot of gold. The significant importance of jewellery in Indian culture, rising living standards, and the expanding influence of social media on consumers are all factors contributing to market growth in India.
Jewellery Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Jewellery Market, Key Players
· Tiffany & Co
· Cartier SA
· CHRIST Jewellers and Watchmakers Since 1983 GmbH Company
· Chow Tai Fook Jewellery Company Limited
· Graff Diamonds Limited
· Gitanjali Group
· Tanishq Ltd
· Others
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Jewellery market?
People's changing lifestyles and increased disposable budgets, combined with strong branding and advertising by prominent firms, are the primary factors driving market expansion
Q2. What are the restraining factors for the global Jewellery market?
Supply chain interruptions and a rise in raw material prices could hinder market expansion.
Q3. Which segment is projected to hold the largest share in the global Jewellery market.?
The Real/Fine segment is projected to hold the largest share in the global Jewellery market.
Q4. Which region holds the largest share in the global Jewellery market?
North America held the largest share in the global Jewellery market.
Q5. Which are the prominent players in the global Jewellery market?
Tiffany & Co, Cartier SA, CHRIST Jewellers and Watchmakers Since 1983 GmbH Company, Chow Tai Fook Jewellery Company Limited, Graff Diamonds Limited, Gitanjali Group, Tanishq Ltd, Others. are some key players in the global Jewellery market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Jewellery Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Necklace
- 5.2.2. Ring
- 5.2.3. Earrings
- 5.2.4. Charms and Bracelets
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast – By Material Type
- 5.3.1. Silver
- 5.3.2. Gold
- 5.3.3. Platinum
- 5.3.4. Diamond
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast – By Category
- 5.4.1. Branded
- 5.4.2. Unbranded
- 5.5. Market Analysis, Insights and Forecast – By Type
- 5.5.1. Real/Fine
- 5.5.2. Costume
- 5.6. Market Analysis, Insights and Forecast – By End-Use
- 5.6.1. Men
- 5.6.2. Women
- 5.7. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.7.1. Offline
- 5.7.2. Online
- 5.8. Market Analysis, Insights and Forecast – By Region
- 5.8.1. North America
- 5.8.2. Europe
- 5.8.3. Asia Pacific
- 5.8.4. Latin America, Middle East and Africa
6. North America Jewellery Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Necklace
- 6.2.2. Ring
- 6.2.3. Earrings
- 6.2.4. Charms and Bracelets
- 6.2.5. Others
- 6.3. Market Analysis, Insights and Forecast – By Material Type
- 6.3.1. Silver
- 6.3.2. Gold
- 6.3.3. Platinum
- 6.3.4. Diamond
- 6.3.5. Others
- 6.4. Market Analysis, Insights and Forecast – By Category
- 6.4.1. Branded
- 6.4.2. Unbranded
- 6.5. Market Analysis, Insights and Forecast – By Type
- 6.5.1. Real/Fine
- 6.5.2. Costume
- 6.6. Market Analysis, Insights and Forecast – By End-Use
- 6.6.1. Men
- 6.6.2. Women
- 6.7. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.7.1. Offline
- 6.7.2. Online
- 6.8. Market Analysis, Insights and Forecast – By Country
- 6.8.1. U.S.
- 6.8.2. Canada
7. Europe Jewellery Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Necklace
- 7.2.2. Ring
- 7.2.3. Earrings
- 7.2.4. Charms and Bracelets
- 7.2.5. Others
- 7.3. Market Analysis, Insights and Forecast – By Material Type
- 7.3.1. Silver
- 7.3.2. Gold
- 7.3.3. Platinum
- 7.3.4. Diamond
- 7.3.5. Others
- 7.4. Market Analysis, Insights and Forecast – By Category
- 7.4.1. Branded
- 7.4.2. Unbranded
- 7.5. Market Analysis, Insights and Forecast – By Type
- 7.5.1. Real/Fine
- 7.5.2. Costume
- 7.6. Market Analysis, Insights and Forecast – By End-Use
- 7.6.1. Men
- 7.6.2. Women
- 7.7. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.7.1. Offline
- 7.7.2. Online
- 7.8. Market Analysis, Insights and Forecast – By Country
- 7.8.1. UK
- 7.8.2. Germany
- 7.8.3. France
- 7.8.4. Italy
- 7.8.5. Spain
- 7.8.6. Russia
- 7.8.7. Rest of Europe
8. Asia Pacific Jewellery Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Necklace
- 8.2.2. Ring
- 8.2.3. Earrings
- 8.2.4. Charms and Bracelets
- 8.2.5. Others
- 8.3. Market Analysis, Insights and Forecast – By Material Type
- 8.3.1. Silver
- 8.3.2. Gold
- 8.3.3. Platinum
- 8.3.4. Diamond
- 8.3.5. Others
- 8.4. Market Analysis, Insights and Forecast – By Category
- 8.4.1. Branded
- 8.4.2. Unbranded
- 8.5. Market Analysis, Insights and Forecast – By Type
- 8.5.1. Real/Fine
- 8.5.2. Costume
- 8.6. Market Analysis, Insights and Forecast – By End-Use
- 8.6.1. Men
- 8.6.2. Women
- 8.7. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.7.1. Offline
- 8.7.2. Online
- 8.8. Market Analysis, Insights and Forecast – By Country
- 8.8.1. China
- 8.8.2. India
- 8.8.3. Japan
- 8.8.4. Australia
- 8.8.5. South East Asia
- 8.8.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Jewellery Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Necklace
- 9.2.2. Ring
- 9.2.3. Earrings
- 9.2.4. Charms and Bracelets
- 9.2.5. Others
- 9.3. Market Analysis, Insights and Forecast – By Material Type
- 9.3.1. Silver
- 9.3.2. Gold
- 9.3.3. Platinum
- 9.3.4. Diamond
- 9.3.5. Others
- 9.4. Market Analysis, Insights and Forecast – By Category
- 9.4.1. Branded
- 9.4.2. Unbranded
- 9.5. Market Analysis, Insights and Forecast – By Type
- 9.5.1. Real/Fine
- 9.5.2. Costume
- 9.6. Market Analysis, Insights and Forecast – By End-Use
- 9.6.1. Men
- 9.6.2. Women
- 9.7. Market Analysis, Insights and Forecast – By Distribution Channel
- 9.7.1. Offline
- 9.7.2. Online
- 9.8. Market Analysis, Insights and Forecast – By Country
- 9.8.1. Brazil
- 9.8.2. Saudi Arabia
- 9.8.3. UAE
- 9.8.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Tiffany & Co
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Cartier SA
- 10.6. CHRIST Jewellers and Watchmakers Since 1983 GmbH Company
- 10.7. Chow Tai Fook Jewellery Company Limited
- 10.8. Graff Diamonds Limited
- 10.9. Gitanjali Group
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
