The global demand for Pearl Market is presumed to reach the market size of nearly USD 16.24 BN by 2032 from USD 4.92 BN in 2023 with a CAGR of 14.2% under the study period 2024 - 2032.
A pearl is a hard, glistening object produced within the soft tissue of a living shelled mollusk or another animal, such as fossil conulariids. There are two types of pearls includes natural and cultural based pearls. Natural pearls are usually produced inside the soft tissue of a living mollusc. Whereas a cultured pearl is a pearl created by a mussel farmer or oyster farmer under controlled conditions. Cultured pearls can be farmed using two very different groups of bivalve mollusk: the freshwater river mussel and the saltwater pearl oysters.
Market Dynamics
From the last few years, the worldwide economic situation has stabilized, which has increased disposable income. This is one of the various prominent factors behind the revenue growth of the market. In addition, an increase in the number of working women has consequently resulted in women spending more. Women are now investing in expensive jewelry pieces, such as pearl rings, necklaces, etc. Thus, drive the market. Further, online shopping and the growth of e-commerce are other major factors that have been progressively contributing to the growth of the market. Consumers are starting to prefer shopping online due to the broad range of options available, ease of payment and convenient home delivery, and other options. However, high prices of pearls are expected to hamper the overall market growth over the forecast period. Moreover, consumer preferences are continuously changing and are being influenced by many celebrities through social media platforms. Wearing pearl-based jewelry to a workplace or other social places and occasions is now becoming a trend, thereby rising in the sales of pearl-based jewelry. This factor will also boost the revenue during the forecast period.
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 pearl. The growth and trends of pearl industry provide a holistic approach to this study.
Market Segmentation
This section of the pearl 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 Type
By Pearl Nature
By Distribution Channel
By Pearl Source
By Material
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Pearl 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 Pearl Market Share by Region (Representative Graph)
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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 Pearl market include K. Mikimoto & Co., Ltd., LVMH., Isle of Wight Pearl, Pearl Paradise, Kailis , Jewelmer , CPI Luxury Group Assael, TASAKI & Co., Ltd., Pearl Falco., Wing Wo Hing Jewelry Group, Akuna Pearls, Pearl Jewelry Ito, Inc., Aquarian Pearls, Pearls of Australia, and Palas Emporio Pty Ltd.. 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.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . PEARL – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Pearl Nature
3.7.3 Market Attractiveness Analysis By Distribution Channel
3.7.4 Market Attractiveness Analysis By Pearl Source
3.7.5 Market Attractiveness Analysis By Material
3.7.6 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL PEARL MARKET ANALYSIS BY TYPE
5.1 Overview by Type
5.2 Historical and Forecast Data
5.3 Analysis by Type
5.4 Necklace Historic and Forecast Sales by Regions
5.5 Earrings Historic and Forecast Sales by Regions
5.6 Rings Historic and Forecast Sales by Regions
5.7 Others Historic and Forecast Sales by Regions
6 . GLOBAL PEARL MARKET ANALYSIS BY PEARL NATURE
6.1 Overview by Pearl Nature
6.2 Historical and Forecast Data
6.3 Analysis by Pearl Nature
6.4 Cultured Historic and Forecast Sales by Regions
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