Press release
Rising Wedding Trends Fueling Growth In The Jewelry And Silverware Market: Key Factor Driving The Growth In The Jewelry And Silverware Market
Jewelry And Silverware Market
What Is the Current Jewelry And Silverware Market Size and Its Estimated Growth Rate?
In recent times, there has been significant growth in the size of the jewelry and silverware market. The market which is expected to increase from $219.27 billion in 2024 to $234.8 billion in 2025, will do so at a compound annual growth rate (CAGR) of 7.1%. Factors that contributed to the growth during the historic period include cultural importance, economic well-being, celebratory events, craftsmanship and artistic excellence, prices of precious metals, market globalization, and marketing strategies and branding.
The market size of jewelry and silverware is projected to experience robust growth in the upcoming years, with an estimated value of $302.08 billion by 2029, registering a compound annual growth rate (CAGR) of 6.5%. The growth anticipated during this period can be credited to initiatives towards sustainability, the impact of social media, changes in consumer demographics, integration of smart jewelry, growth of luxury markets worldwide, and the rising popularity of vintage and antique styles. Noteworthy trends forecasted for this period include the rise of artisanal and handcrafted jewelry, advancements in jewelry designs, smart jewelry and wearable technology, diverse materials and textures in jewelry, as well as online and direct-to-consumer sales.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2913
How Are Emerging Segments Shaping the Jewelry And Silverware Market Landscape?
The jewelry and silverware market covered in this report is segmented -
1) By Type: Jewelry, Silverware
2) By Distribution Channel: Online Stores, Specialty Stores, Hyper markets, Other Distribution Channels
3) By End-User Sex: Men, Women
Subsegments:
1) By Jewelry: Fine Jewelry, Fashion Jewelry, Handmade Jewelry, Personalized And Custom Jewelry
2) By Silverware: Tableware, Decorative Items, Collectible Silverware, Functional Silverware
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2913&type=smp
Which Growth Factors Are Influencing Jewelry And Silverware Market Expansion?
The jewelry and silverware market is projected to benefit from the growing number of weddings. The substantial spending on wedding festivities and ceremonies catalyzes the demand for various forms of jewelry including gold, silver, and diamonds. For example, the Centers for Disease Control and Prevention (CDC), a federal agency in the US, disclosed in a March 2024 report that in 2022, the United States recorded 2,065,905 weddings, which translates into a marriage rate of 6.2 per 1,000 people in the context of a population of 333,287,557. This demonstrates an increase from the 1,985,072 weddings and a marriage rate of 6.0 per 1,000 recorded in 2021, which had a population of 331,893,745. Consequently, the escalating number of weddings worldwide is anticipated to propel the jewelry and silverware market.
Who Are the Dominant Players Across Different Jewelry And Silverware Market Segments?
Major companies operating in the jewelry and silverware market include Berkshire Hathaway Inc., Tiffany & Co., Christian Dior SE, Compagnie Financiere Richemont SA, Kering SA, Pandora A/S, James Avery Craftsman Inc., The Swatch Group, Titan Ring Designs LLC, Silvesto India Private Limited, Reed & Barton, Wheeler Manufacturing Co. Inc., Lunt Silversmiths, Rockleigh Industries Inc., DM Jewelry Design Studio, Mangla International, Gorham Company, International Silver Company, Custom Fashion Jewels, Navika USA Inc., Kole Design, Lavie Jewels, Towle Manufacturing Company, Derewala Industries Limited, Frank Smith Silver Company, Akrati Jewels Inc, Dwarka Jewel, Kanhai Jewels, Gayatri Gems And Jewels Private Limited, Tokan Inc, Sun Diamonds Pvt. Ltd., Tuttle Silver Company, Wallace Silversmiths
What Are the Latest Developing Trends in the Jewelry And Silverware Market?
Manufacturers of jewelry and silverware have begun utilizing CAD software due to its exceptional ability to provide precise measurements. CAD, also known as computer-aided design software, is commonly employed by engineers and architects to make meticulous drawings of items. Its application in the jewelry-making process allows manufacturers to conveniently tailor-make jewelry with ultimate accuracy according to customers' needs. This not only streamlines the production process but also curtails manufacturing expenses by building a digital model that can be replicated during production.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/jewelry-and-silverware-global-market-report
Which Geographic Regions Are Expected to Dominate the Jewelry And Silverware Market in the Coming Years?
Asia-Pacific was the largest region in the jewelry and silverware market in 2024. Western Europe was the second largest region accounting in The jewelry and silverware market. The regions covered in the jewelry and silverware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Jewelry And Silverware Market?
2. What is the CAGR expected in the Jewelry And Silverware Market?
3. What Are the Key Innovations Transforming the Jewelry And Silverware Industry?
4. Which Region Is Leading the Jewelry And Silverware Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising Wedding Trends Fueling Growth In The Jewelry And Silverware Market: Key Factor Driving The Growth In The Jewelry And Silverware Market here
News-ID: 4012006 • Views: …
More Releases from The Business Research Company
Emerging Trends to Reshape the Vertical Farming Market: Technological Advancemen …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Vertical Farming Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the vertical farming market has seen rapid growth in recent years. Predictions estimate it will increase from $7.74 billion in 2024 to $9.55 billion in 2025. This represents a compound annual growth…
Plant Breeding And CRISPR Plants Market Landscape to 2034: Key Forces Shaping th …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Plant Breeding And CRISPR Plants Market Size By 2025?
In recent years, the market size for plant breeding and CRISPR plants has seen considerable growth. It stands projected to escalate from $13.56 billion in 2024 to a noteworthy $15.5 billion in 2025, boasting a compound…
Soaring Demand Set to Propel Livestock Monitoring Market to $7.14 Billion by 202 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Livestock Monitoring Market Through 2025?
In recent times, there has been a significant increase in the livestock monitoring market size. The market, which stands at $3.48 billion in 2024, is projected to rise to $3.94 billion by 2025, depicting a compound annual…
Emerging Trends to Drive Forestry And Logging Market Growth at 7.9% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Forestry And Logging Market Size Growth Forecast: What to Expect by 2025?
The market size for forestry and logging has seen a substantial growth in the past couple of years. It is expected to increase from $980.05 billion in 2024 to $1055.36 billion in 2025, with a compound annual…
More Releases for Jewel
Jewel Bearing Market - Opportunities & Survey 2025
Jewel bearings are a special type of bearings that are usually made up of jewels such as sapphire, ruby, and zirconia. These have metal spindles, which provide the rotational motion. Jewel bearings can easily handle loads up to 500g; hence, these are used in small load applications. These bearings largely help in restraining the direction of motion and reduce the mechanical friction between the moving components. Precious jewels, apart from…
Pandora Bracelet Gift Giveaway at the Jewel Hut
Visitors to popular jewellery website The Jewel Hut will be able to enjoy a free gift tomorrow when the online store celebrates its Pandora Silver Bracelet Giveaway.
For one day only (and while stocks last), fans of jewellery phenomenon Pandora will be able to get their hands on a free silver bracelet if they spend £125 or more.
It’s the perfect opportunity for collectors to treat themselves to those charms they’ve been…
Jewel Dunn’s River Shines with Adaco .NET
May 12, 2011—In a land of all-inclusive resorts, the Jewel Dunn’s River is, true to its name, a standout. Yet when Ambridge Hospitality first took over the resort in 2010 and reopened it in September, requisitions were handled manually for the first six months. With the implementation of Adaco .NET, however, the resort’s purchasing operations have been brought into the 21st century.
“Now I know how much I have to spend…
The Jewel of the North
It is fair to say that Blackpool is a well known holiday destination not only in the UK and Ireland but also around the world, and is known as ‘The Jewel of the North’, or some refer to Blackpool as the ‘playground of the North, or even ‘Britain’s Las Vegas’.
This ‘Jewel’ has much to offer the tourist, it is a very traditional English Victorian seaside town, boasting many attractions, such…
A Crown Jewel of Familial Integrated Advertising
In the communication business for 75 years: The Frankfurt WEFRA Werbeagentur GWA is celebrating its birthday. The recipe for success of the oldest German agency: Not to follow every trend, but to rely on experience and competence and still stay innovative.
Whilst many agency owners sold their companies to large international networks, the agency which is still in familial hands, relies on independance. The grand age for the fast moving communication…
Southwest Actors Guide Premiere Issue Features ‘Texas Jewel’
October 26, 2007– Austin, TX. – SWAG, The Southwest Actors Guide unveiled its premiere issue with actor/comedian/singer Jade Esteban Estrada on the front cover in Austin, Texas on Wednesday, October 25, 2007. The new industry journal will cover all aspects of the entertainment industry from Los Angeles to San Antonio. For more information visit www.swagmag.net or www.getjaded.com.
“Jade is a Texas jewel. He lives and works in the Southwest…
