The global jewellery market is anticipated to grow at a considerable CAGR of 4.6% during the forecast period ( 2023-2030). The growth of the jewellery market can be attributed to several factors, including changing lifestyles of the population across the globe along with the rising prices of precious metals such as gold, silver, and others.
that has led to a shift in consumer preferences heightened jewellery toward alternative materials such as stainless steel, titanium, and tungsten. Consumers are looking for jewellery pieces that reflect their individual styles and personality, leading to a demand for more personalized designs. Consumers are becoming more fashion-conscious and seek out unique and personalized jewellery pieces. As a result of which manufacturers are responding with innovative designs that are unique to this changing perception of consumers such as different gemstones, and metals, and adding personal engravings or creating bespoke pieces.
Browse the full report description of “Jewellery Market Size, Share & Trends Analysis Report by Type (Necklace, Ring, Earring, Bracelet, and Others), by Material (Platinum, Gold, Diamond, and Others), and by End-User (Men, and Women), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/jewellery-market
For, Instance, In February 2023, Malabar Gold and Diamonds, a leading gold and diamond retail chain in the country, unveiled the 'Gemstone Jewellery Festival' to showcase its exquisite collection of pure gold jewellery adorned with precious gemstones and uncut diamonds. The company is excited to offer customers a one-of-a-kind opportunity to discover an exquisite collection of deliberately curated gemstone designs. Introducing a festival showcasing innovative designs that incorporate authentic and certified gemstones. The innovative designs can range from novel materials and shapes to creative use of gemstones or innovative ways to combine different jewellery types such as layering necklaces or mixing and matching bracelets. New and innovative jewellery designs are expected to drive demand for the product. Layering and stacking multiple necklaces, bracelets, and rings have emerged as a popular trend in the global market. Along with these trends, chunky and bold pieces such as signets and cocktail rings are in demand as per the consumer’s perception. For Instance, in January 2023, David Yurman creates one-of-a-kind jewellery by shaping gold, platinum, or sterling silver wire and embellishing them with stunning gemstones. These versatile pieces can be worn as everyday accessories to add a touch of glamour to casual outfits or elevate style for special occasions.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2028
• Segment Covered-
o By Type
o By Material
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Cartier International SNC, Louis Vuitton Malletier (Louis Vuitton), Compagnie Financière Richemont S.A. (Richemont), David Webb, LLC, and Others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Jewellery Market Report Segment
By Type
By Material
By End-User
Global Jewellery Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• The Middle East and Africa
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