Jewellery Market is Dazzling Worldwide and Forecast to 2031
The global jewellery market is anticipated to grow at a considerable CAGR of 4.6% during the forecast period (2024-2031). The growth of the jewellery market can be attributed to several factors, including changing lifestyles of the population across the globe along with the rising prices of precious metals such as gold, silver, and others.
that has led to a shift in
consumer preferences heightened jewellery toward alternative materials such as
stainless steel, titanium, and tungsten. Consumers are looking for jewellery
pieces that reflect their individual styles and personality, leading to a
demand for more personalized designs. Consumers are becoming more
fashion-conscious and seek out unique and personalized jewellery pieces. As a
result of which manufacturers are responding with innovative designs that are
unique to this changing perception of consumers such as different gemstones,
and metals, and adding personal engravings or creating bespoke pieces.
For, Instance, In February 2023,
Malabar Gold and Diamonds, a leading gold and diamond retail chain in the
country, unveiled the 'Gemstone Jewellery Festival' to showcase its exquisite
collection of pure gold jewellery adorned with precious gemstones and uncut
diamonds. The company is excited to offer customers a one-of-a-kind opportunity
to discover an exquisite collection of deliberately curated gemstone designs.
Introducing a festival showcasing innovative designs that incorporate authentic
and certified gemstones. The innovative designs can range from novel materials
and shapes to creative use of gemstones or innovative ways to combine different
jewellery types such as layering necklaces or mixing and matching bracelets.
New and innovative jewellery designs are expected to drive demand for the
product. Layering and stacking multiple necklaces, bracelets, and rings have
emerged as a popular trend in the global market. Along with these trends,
chunky and bold pieces such as signets and cocktail rings are in demand as per
the consumer’s perception. For Instance, in January 2023, David Yurman creates
one-of-a-kind jewellery by shaping gold, platinum, or sterling silver wire and
embellishing them with stunning gemstones. These versatile pieces can be worn
as everyday accessories to add a touch of glamour to casual outfits or elevate
style for special occasions.
To Request a Sample of our Report on Jewellery Market: https://www.omrglobal.com/request-sample/jewellery-market
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The market number available for – 2023-2031
•
Base year- 2023
•
Forecast period- 2024-2031
Segment
Covered-
•
By Type
•
By Material
•
By End-User
Regions Covered-
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North America
•
Europe
•
Asia-Pacific
•
Rest of the World
Competitive
Landscape- includes Cartier International SNC, Louis Vuitton Malletier
(Louis Vuitton), Compagnie Financière Richemont S.A. (Richemont), David Webb,
LLC, and Others.
Jewellery Market Report
Segment
By Type
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Necklace
•
Ring
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Earring
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Bracelet
•
Others (Bangles and Anklets)
By Material
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Platinum
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Gold
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Diamond
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Others (Titanium, Pearls, Stainless Steels, and Base
Metal)
By End-User
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Men
•
Women
A full Report of Jewellery Market is Available @ https://www.omrglobal.com/industry-reports/jewellery-market
Jewellery Market Report Segment by Region
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company Profiles
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Cartier International SNC
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Chael, Inc.
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Chopard & Cie S.A.
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David Morris International Ltd.
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David Webb, LLC
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David Yurman Enterprises LLC
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H. Stern Ltd.
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Harry Winston, Inc.
•
Laurence Graff Ob
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Pomellato
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Rajesh Exports Ltd.
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Signet Jewelers Ltd.
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Swarovski
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Tiffany & Co.
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