The global demand for Jewellery Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Jewellery comprises ornamental pieces or decorative things manufactured by sculpting and refining jewels or precious metals. It is mostly available in fashion and valuable variations that are affordable and wearable daily. Necklaces, rings, and bracelets, among other things, are used as personal ornaments. Depending on the type of metal or diamonds used, the product's price may vary. Gemstones are frequently used to embellish expensive Jewellery, which is commonly constructed of excellent materials and metals such as gold and silver.
Market Dynamics
Individuals' growing spending power is one of the major factors affecting the demand for beautiful and sophisticated Jewellery worldwide. Furthermore, in response to the quick fashion trend, several producers are now selling fashion jewellery composed of plated alloys and crystal stones online. They also concentrate on digital marketing to disseminate product information, raise brand awareness, and maintain long-term relationships with existing customers. Aside from that, several foreign retail conglomerates are acquiring local brands to reach a larger consumer base and increase their market share. Furthermore, diamond jewellery is gaining popularity worldwide as a fantastic type of investment that can be used in the future in the event of inflation, market collapse, or bankruptcy. Due to coronavirus disease (COVID-19) development and government-imposed lockdowns in some countries, diamond jewellery investments are expanding to weather the shifting market conditions.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of jewellery. The growth and trends of jewellery industry provide a holistic approach to this study.
Market Segmentation
This section of the jewellery market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product- Necklace
- Ring
- Earrings
- Charms And Bracelets
- Others
By Material Type- Silver
- Gold
- Platinum
- Diamond
- Others
By CategoryBy TypeBy End-UseBy Distribution ChannelRegional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Jewellery market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Jewellery Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the jewellery market include Tiffany & Co, Cartier SA, CHRIST Jewellers and Watchmakers Since 1983 GmbH Company, Chow Tai Fook Jewellery Company Limited, Graff Diamonds Limited, Gitanjali Group, Tanishq Ltd, Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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