What is the current Gems and Jewelry Market size?

The Gems and Jewelry Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029) Read More

Who are the key players in Gems and Jewelry Market?

LVMH Group, Richemont SA, The Swatch Group AG, Chow Tai Fook Jewelry Company Limited and Pandora Jewelry LLC are the major companies operating in the Gems and Jewelry Market. Read More

Which is the fastest growing region in Gems and Jewelry Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Gems and Jewelry Market?

In 2024, the Asia Pacific accounts for the largest market share in Gems and Jewelry Market. Read More

What years does this Gems and Jewelry Market cover?

The report covers the Gems and Jewelry Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Gems and Jewelry Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the growth opportunities in the Gems and Jewelry Market?

The growth opportunities in the Gems and Jewelry Market are a) Growth in developing economies and a rising demand for gems and jewelry in these regions can create new markets for businesses b) Offering personalized jewelry pieces, catering to individual styles and preferences, can be a growing trend Read More

Gems and Jewelry Market Analysis | Industry Growth, Size & Trends Report

Jewelry Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Report Covers Global Jewelry Market Size by Country and is segmented by Product Type (Rings, Necklaces, Earrings, Bracelets, Chains and Pendants, and Other Product Types), Distribution Channel (Offline Retail Stores and Online Retail Stores), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The report offers the market size and forecasts in value (in USD billion) for the above segments.

Gems and Jewelry Industry Overview

The gems and jewelry market is highly competitive with the presence of key players such as LVMH, Buccellati, Pandora Jewelry LLC, Chow Tai Fook Jewelry Company Limited, The Swatch Group AG, Tata Sons Private Ltd., De Beers Jewellers US Inc., Signet Jewelers, Richemont, and Swarovski Crystal Online AG. Key players are focusing on online distribution channels for the online marketing and branding of their products to expand their geographical reach and increase their customer base. Leading manufacturers in the gems and jewelry market are focusing on leveraging the opportunities posed by the emerging markets of Asia-Pacific, like China and India, to expand their revenue base because of the rising income levels and their religious traditions, as they consider giving jewelry ornaments as auspicious. The key brands are embarking on innovation and new product developments infused with the latest technology to provide a luxury feel and perfect craftsmanship to their product offerings.