The gems and jewelry market is forecasted to grow by USD 172.6 bn during 2023-2028, accelerating at a CAGR of 8.62% during the forecast period. The report on the gems and jewelry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by innovation in jewelry design, growing demand for wedding jewelry, and increasing disposable income.
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
6.23%
CAGR
8.62%
Incremental Value
$172.6 bn
Technavio's gems and jewelry market is segmented as below:
By Distribution Channel
Offline
Online
By Type
Gold
?Platinum
Silver
Diamond
Gemstones
By Geographical Landscape
APAC
North America
Europe
Middle East and Africa
South America
This study identifies the adoption of LAB-grown diamonds and sustainable materials as one of the prime reasons driving the gems and jewelry market growth during the next few years. Also, introduction of AR in gems and jewelry market and growing demand for cross-cultural jewelry designs will lead to sizable demand in the market.
The report on the gems and jewelry market covers the following areas:
Gems and jewelry market sizing
Gems and jewelry market forecast
Gems and jewelry market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gems and jewelry market vendors that include Aurum designer jewellers, Chanel Ltd., Chow Tai Fook Jewellery Group Limited, Compagnie Financiere Richemont SA, Emperor Watch and Jewelry Ltd, Graff Diamonds Ltd., Hstern Jewellery Ltd., Kalyan Jewellers India Ltd., Kering SA, LVMH Group., Malabar Gold and Diamonds, Pandora AS, PC Jeweller Ltd., Rajesh Exports Ltd., Riddles Group Inc., Signet Jewelers Ltd., Stuller Inc., Swarovski AG, Tata Sons Pvt. Ltd., and The Swatch Group Ltd.. Also, the gems and jewelry market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The company presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ billion)
Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Gems And Jewelry Market 2018 - 2022
Historic Market Size - Data Table on Global Gems And Jewelry Market 2018 - 2022 ($ billion)
4.2 Distribution Channel segment analysis 2018 - 2022