The Global Jewelry Market size is expected to grow from USD 344.84 Million in 2022 to USD 592.50 Million by 2030, at a CAGR of 7% during the forecast period (2023-2030).
The Global Jewelry Market size is expected to grow from USD 344.84 Million in 2022 to USD 592.50 Million by 2030, at a CAGR of 7% during the forecast period (2023-2030).
Jewelry is accessories or decorative items which are typically worn on different parts of the body like the ear, neck, finger, or hand to look good and feel good also jewelry wore as attached to clothing. Jewelry is made from different types of material like gold, platinum, and silver, it was initially in crude form, and then manufacturers give them shape, and style and make it beautiful by their craft. Precious metals such as platinum, gold, and silver, are molded into a necklace, rings, bracelets, and many other forms. To create even more stylish and fancy pieces Gemstones, such as diamonds, and precious items are often combined with those metals.
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The Report Will Include A Major Chapter
Market Dynamics and Factors:
The population is spending more on designer jewelry items that is driving the growth of jewelry market during the projected period. People are buying things that enhance beauty and which are in fashion, and trend at the same time. Jewelry items are timeless they are never out of trend. Materialistic things like accessories have more demand, not only for common and regular low pricing materials and crafts but people are more likely to spend on designer and heavy jewelry items. There are so many brands called luxury brands that made luxury jewelry, using only the best gemstones and the finest metals, fashioned only by the masters of jewelry craftsmanship. They are launching their collections which are so unique. So people are more likely to spend on precious things.
Scope of the Report:
Overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Jewelry Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Jewelry Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Top Key Players Covered In The Jewelry Market:
Harry Winston (US),Cartier (France),Van Cleef & Arpels (France),Buccellati(Italy),Mikimoto (Japan),Graff (UK),Tiffany & Co. (US),Pandora (Denmark),Chow Tai Foo (China),Louis Vuitton SE (France),Richemont (Switzerland),Piaget (Switzerland),Bvlgari (Italy),Chopard (Switzerland),Signet Jewelers Limited (Bermuda),Malabar Gold & Diamonds (India),Swarovski AG (Austra),Tanishq (India),Queen (China),Wallace Chan (China) and Other Major Players
Key Industry Development:
In October 2021, In India Tiffany & Co, launched local e-commerce site, tiffany.co.in. by forming a partnership with Reliance Group, The online portal that shows the products seen in an offline store and sells the iconic jewelry brand's collections of diamonds, gemstones, and crafted jewelry.
In July 2021, Jewelry Export Promotion Council (GJEPC) and The World Gold Council and Gem and had signed an agreement to promote the gold jewelry in India. Both together are working on mixed media promotion of gold jewelry to attract Indian customers. The target market is a new generation.
In May 2022, India and UAE have a sine agreement for gems and jewelry import-export, and 1st cargo is going from New Delhi to Dubai. First duty-free shipment from India of gold and jewelry items containing three packages of gems, jewelry, and gold, worth $1 million was received by the UAE on Tuesday. Previously 5 percent duty is on items; about $50,000 tax is saved by UAE in this consignment.
Jewelry Market Segmentation:
By Product Type
By Material
By Gender
For this report, Introspective Market Research has segmented the Jewelry Market based on region:
Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Material
3.3 By Gender
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Jewelry Market by Type
5.1 Jewelry Market Overview Snapshot and Growth Engine
5.2 Jewelry Market Overview
5.3 Earring
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Earring: Grographic Segmentation
5.4 Necklace
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Necklace: Grographic Segmentation
5.5 Ring
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Ring: Grographic Segmentation
5.6 Bracelet
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Bracelet: Grographic Segmentation
5.7 Others
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2016-2028F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Others: Grographic Segmentation
Chapter 6: Jewelry Market by Material
To be continue………
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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
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Dec 04, 2023
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