Press release
Global Jewelry Market was valued at USD 235 billion in 2021, with an expected growth rate of 5.28 percent through the forecast period
Global Jewelry Market
The jewelry market includes products such as brooches, rings, necklaces, earrings, pendants, bracelets, and cufflinks. The design and style of the jewelry may represent the culture of various countries. There are different types of jewelry for men and women. Men mostly use jewelry products such as cufflinks, plain gold chains, tie bars, cartography necklaces, and signet rings. Women use jewelry products such as necklaces, rings, earrings, bracelets, and gold chains.
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The report used primary and secondary research methods to gather information about the jewelry market. Primary research involved conducting surveys, interviews, and focus groups with industry experts and consumers. Secondary research included analyzing industry reports, company websites, news articles, and financial reports.
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What are Jewelry Market Dynamics?
The increasing disposable income and spending power of consumers have significantly resulted in consumers' high disposable income and spending power. As a result, people are propelling toward luxurious items such as gold ornaments, diamond jewelry, and ornaments made from precious gems and stones. The use of jewelry in various festivals like Diwali, Lohri, Chinese New Year, Shogastu, and others are also expected to boost the jewelry market. Nowadays, people are looking for gold and diamond jewelry as an investment and spending more money on purchasing gold and diamond ornaments.
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Increasing customization and advancement in the fashion industry can also boost the jewelry market during the forecast period. The promotion of high fashion through movies, shows, music videos, and others has influenced the use of fashion goods which includes ornaments and luxurious products. The market is being driven by increased knowledge of the authenticity of the metals and stones used in jewelry pieces. Manufacturers are educating consumers as well as adhering to authenticity and quality requirements through advertising initiatives.
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Strict regulations on the import and export of jewelry in many countries have resulted in the increasing tariff made on products, which can hinder the growth of the jewelry market during the forecast period. The increase in political tension between two countries can also cause an impact on the import and export of ornaments.
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What is Jewelry Market Segmentation?
by Product Type:
Ring
• Bracelet
• Necklace
• Earring
• Others
by Material:
Gold
• Diamond
• Platinum
• Others
by End-user:
Men
• Women
Who are Jewelry Market Key Players?
Tiffany & Co.
• Pandora
• Chow Tai Fook
• Louis Vuitton SE
• Richemont
• GRAFF
• Signet Jewelers Limited
• H. Stern
• Malabar Gold & Diamonds
• Buccellati
• Cartier
• LVMH Group
• SHR Jewelry Group
• Swarovski
• Tata Sons Private Ltd
• The Swatch Group AG
• Rajesh Exports Ltd.
• Chopard
• Hary Winston, Inc.
Table of content for the Jewelry Market includes:
Global Jewelry Market: Research Methodology
Global Jewelry Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Jewelry Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Jewelry Market Segmentation
Global Market, by Product Type(2021-2029)
Global Market, by Material(2021-2029)
Global Market, by End-user(2021-2029)
Regional Jewelry Market(2021-2029)
Global Market, by Product Type(2021-2029)
Global Market, by Material(2021-2029)
Global Market, by End-user(2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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