Pearl Jewelry Market Research Report, Projected to Reach USD 43.5 Billion by 2032

In 2022, the Pearl Jewellery Market was valued at USD 13.6 Billion. It is anticipated to grow from USD 15.5 Billion in 2023 to USD 43.5 Billion by 2032, with a compound annual growth rate (CAGR) of 13.80% during the forecast period from 2023 to 2032.

The Pearl Jewellery Market refers to the industry centered around the production and sale of jewelry items featuring pearls. These elegant and timeless pieces include necklaces, earrings, bracelets, and rings adorned with pearls of various shapes, sizes, and colors. With pearls being cherished for their natural beauty and sophistication, the market caters to individuals seeking classic and luxurious accessories. As demand for pearl jewelry continues to rise globally, driven by evolving fashion trends and cultural preferences, the market experiences steady growth. Manufacturers and retailers innovate to offer diverse designs and styles, ensuring that pearl jewelry remains a coveted choice for consumers seeking elegance and refinement in their accessories.

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Key Companies in the Pearl Jewellery market include.

CPI Luxury Group
Pearls Of Australia Pty Ltd.
Wing Wo Hing Jewelry Group Ltd.
LVMH
Kailis Jewellery
Mikimoto & Co., Ltd.
Pearl Paradise
Palas Emporio Pty Ltd.
Pearl Falco Corporation
Isle of Wight Pearl
Pearl Jewelry Ito, Inc.
Aquarian Pearls
Jewelmer
Akuna Pearls
TASAKI & Co., Ltd.
Market Segmentations:

Pearl Jewellery Type Outlook

Necklace
Earrings
Rings
Other
Pearl Jewellery Nature Outlook

Cultures
Natural
Pearl Jewellery Distribution Channel Outlook

Offline Channel
Online Channel
Pearl Jewellery Source Outlook

Fresh Water
Salt Water
Pearl Jewellery Material Outlook

Gold
Silver
Others
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Pearl Jewellery Industry Developments

February 2023: Assael, a well-known luxury pearl Jewellery brand, has unveiled its 2022-2023 collection through an inclusive and diverse campaign, featuring models Michaela Kocianova and James Lorenzo adorned with pearl and coral jewellery. Captured in Miami, the campaign embodies the brand's ethos of "elegance with attitude" and its dedication to providing opulent and top-quality pearl, coral, and gemstone designs suitable for individuals of all genders and lifestyles. The collection showcases a blend of innovative and timeless pieces, including pearl sautoir necklaces, earrings, rings, and coral strands, underscoring the brand's emphasis on design innovation and technical excellence.

February 2023: Designers Lepa Galeb-Roskopp and Jeffrey Levinson have collaborated to introduce a fully customizable luxury handbag that combines Misahara's Chain City Chain with Jeffrey Levinson's Finley Clutch. The innovative bag features a detachable 14K gold strap that serves as a necklace. Customers can personalize the strap and necklace with different gemstones, gold color, enamel, length, textures, and more.

October 2022: Jewelmer, a global luxury brand renowned for its South Sea pearls, has introduced a decade-long showcase at The Mind Museum in the Philippines, titled "Pearl of the Orient." This exhibit serves as a tribute to the South Sea pearl and a genuine promotion of sustainable marine practices. Highlighting the careful cultivation and harvesting of pearls, the exhibit illustrates the oysters' growth and emphasizes the sea's interconnectedness with our ecology. Its primary goal is to educate visitors about the nation's cherished gem while emphasizing the importance of collaborative sustainability initiatives.

Pearl Jewellery Market Regional Insights

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