Jewellery Market Analysis, Global Size, Demand, Top Companies and Growth Drivers 2022-2027

According to the latest report by IMARC Group, titled "Jewellery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, the global jewellery market is expected to exhibit a CAGR of 6.1% during 2022-2027.

Industry Overview:

Jewellery represents ornaments and fashion accessories, including rings, necklaces, brooches, earrings, bracelets, pendants, cufflinks, etc., that are worn for personal adornment. They can be categorized into expensive variants designed with gold, diamond, platinum, etc., and cosmetic or fashion ornaments which are manufactured using glass, ivory, plastics, precious metal clay (PMC), etc. Precious or expensive jewellery products prove to be a good form of investment and are often used as a perfect gifting solution. The custom ornaments, on the other hand, are affordable and perfect to be worn on an everyday basis. As a result, jewellery items are in extensive demand among both male and female consumers across the globe.

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Market Trends and Drivers:

The emerging trend of fast fashion across countries and the elevating production of fashion jewellery made up of plated alloys and crystal stones by leading manufacturers are primarily driving the jewellery market. In addition to this, the inflating investments by the key market players in digital marketing solutions to generate brand awareness and convey information about their products among individuals to improve sales and profitability are acting as significant growth-inducing factors.

Apart from this, the increasing acquisition of local brands by numerous international retail groups to reach a broader consumer base for expanding their market share is also positively influencing the global market. Moreover, the rising expenditure on wedding ornaments and the escalating demand for, plain gold chains, cufflinks, tie bars, cartography necklaces, signet rings, and other products among men are expected to propel the jewellery market in the coming years.

Global Jewellery Market 2022-2027 Competitive Analysis and Segmentation:

Key Market Segmentation:

Based On Product:

Necklace
Ring
Earrings
Bracelet
Others

Based On Material:

Gold
Platinum
Diamond
Others

Region:

Asia Pacific
Europe
North America
Middle East and Africa
Latin America

Competitive Landscape:

Buccellati (Compagnie Financière Richemont SA)
Chow Tai Fook Jewellery Company Limited
Graff
Harry Winston Inc (The Swatch Group)
HStern
LVMH Moët Hennessy Louis Vuitton
Pandora A/S
Rajesh Exports Ltd
Signet Jewelers and Swarovski

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Key highlights of the report:                                                    

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Media Contact:
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Contact Person: Elena Anderson
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Country: United States
Website: https://www.imarcgroup.com/

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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