Jewelry Market Outlook 2024-2030: Sustainable Solutions for Road Construction

Jewelry Market size was valued at USD 260.46 Bn in 2023 and is expected to reach USD 373.39 Bn by 2030, at a CAGR of 5.28 % over the forecast period.

Jewelry Market Overview

Envisaged during the envisaged period, Maximize Market Research envisions a noteworthy upsurge in the market. The scrutiny of the Jewelry Market evaluated by Maximize Market Research, entails a comprehensive exploration of regional intricacies and the competitive landscape.

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Jewelry Market Scope and Methodology

The report adopts a foundation-up methodology to estimate the Jewelry Market's dimensions. Information is sourced from primary and secondary databases, encompassing both qualitative and quantitative analysis. Primary data is acquired via surveys, questionnaires, and interviews with key figures and entrepreneurs in the Jewelry market. The report leverages analytical tools such as SWOT, PESTLE, and Porter's Five Forces Analysis to conduct comprehensive market scrutiny. SWOT analysis facilitates a holistic comprehension of factors influencing business decisions within the market, while PESTLE analysis furnishes insights into growth prospects and risks that influence market efficiency. Overall, the report functions as a valuable resource for investors, stakeholders, and market observers, aiding them in making well-informed judgments within the Jewelry Market arena.

Jewelry Market Regional Insights

The assessment of regional dynamics is conducted to gauge the state of the Jewelry market across nations falling within North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. This market, denoted as Jewelry, is broadly categorized into these delineated regions, facilitating an in-depth comprehension of the market's topography and the ever-evolving forces within each specific geographical domain.

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by Product Type

Rings
Necklaces and Pendants
Earrings
Bracelets and Bangles
Watches
Brooches and Pins

Based on product type, the market is segmented into Rings, Necklaces and Pendants, Earrings, Bracelets and Bangles, Watches, and Brooches and Pins. Rings segment dominated the market in 2022 and is expected to continue the dominance with the largest jewelry market share over the forecast period. Engagement rings and wedding bands, in particular, contribute significantly to the popularity and sales of rings. Engagement rings are often considered symbolic and essential for proposals and weddings, making them a staple in the jewelry industry.

by Material

Gold
Diamond
Platinum
Stainless steel
Other

The market is divided into five segments based on material: gold, diamond, platinum, stainless steel, and other. Throughout the course of the forecast period, the gold and diamond segment is anticipated to hold the greatest share of the jewellery market, having done so in 2022. Weddings, engagements, and anniversaries are among the life events and special occasions when gold jewellery is preferred. In many societies, it has emotional and cultural significance. In addition to its ornamental value, gold is regarded as an investment, which is anticipated to accelerate the expansion of the jewellery sector. Individuals purchase gold jewellery as a means of preserving their wealth, particularly in areas where gold is easily liquidated in times of necessity.

by End-user

Men
Women
Children

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Jewelry Market Key Players

1. Tiffany & Co.
2. Pandora
3. Chow Tai Fook
4. Louis Vuitton SE
5. Richemont
6. GRAFF
7. Signet Jewelers Limited
8. H. Stern
9. Malabar Gold & Diamonds
10. Buccellati
11. Cartier

Key questions answered in the Jewelry Market are:

• What is Jewelry?
• What was the Jewelry market size in 2022?
• What are the different segments of the Jewelry Market?
• What growth strategies are the players considering to increase their presence in Jewelry?
• What are the upcoming industry applications and trends for the Jewelry Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Jewelry Market?
• What major challenges could the Jewelry Market face in the future?
• What segments are covered in the Jewelry Market?
• Who are the leading companies and what are their portfolios in Jewelry Market?
• What segments are covered in the Jewelry Market?
• Who are the key players in the Jewelry market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o 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
• Recommendations


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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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