Jewelry industry

Global Jewelry Industry Expected to Hit $459

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Dublin, May 20, 2022 (GLOBE NEWSWIRE) — The “Jewellery Market Share, Size, Trends, Industry Analysis Report, By Product; By Material Type; By Category; By Distribution Channel; By Region; Segment Forecast, 2022-2030” report has been added to from ResearchAndMarkets.com offer.

The size of the global jewelry market is expected to reach $459.43 billion by 2030, according to a new study. The report provides a detailed overview of current market dynamics and provides analysis of future market growth.

Ornaments have been gaining momentum in the emerging market due to lifestyle changes and rising prices of precious metal ornaments, contributing to the growth in size of the industry. Also, increased fashionable consumer awareness and increased acceptance of adornments such as necklaces, rings, and bracelets are supporting the growth of the industry. Additionally, increasing investment in jewelry development, increase in partnerships, and geographic expansion of key players are driving the growth of the industry.

For example, Malbar Group would spend Rs. 750 crore (US$100 billion) in a gold refining and jewelry business in Hyderabad in September 2021. Malabar Gold & Diamonds said in April 2021 that it would invest Rs. 1 600 crore ($214 billion) in FY22 to open 56 outlets, including 40 in India and 16 in international markets.

Additionally, Tanishq will launch antimicrobial jewelry in select regions as a trial project in June 2021. Additionally, the World Gold Council and the Gem and Jewelery Export Promotion Council reached an agreement in June 2021 to produce gold ornaments in India. In March 2021, Joyalukkas partnered with IBM to design, build and deploy a cloud-based e-commerce platform in 11 countries. However, barriers that are hampering the growth of the industry include rising raw material prices for ornaments, changes in ornament packaging designs, and the short-term appeal of the product. Thus, these factors are driving the growth of the market over the forecast period.

On the basis of product, the ring segment accounted for the major market share in 2021. Increased customer interest in the exquisite designs and features of rin30gs is the major cause for the success of this jewelry. Rings are also considered fashionable and stylish. As a result, the increased consumption of men’s signet rings is expected to boost the industry.

Rings come in a variety of sizes and shapes. They are used not only at engagements and anniversaries, but also regularly. Silver, for example, is said to have healing powers and aid in the production and circulation of heat. As a result, many people wear silver rings. The accessibility of custom-made rings and increased awareness of the religious benefits of various metals are expected to boost the rings segment throughout the forecast period.

Market players such as Buccellati, Cartier, Chow Tai Fook Jewelry Company Limited, LVMH Group, Malabar Gold & Diamonds, Swarovski, Tata Sons Private Ltd, The Swatch Group AG are key players operating in the global market.

Main topics covered:

1. Introduction

2. Executive Summary

3. Research methodology
3.1. Insight
3.1.1. Data mining
3.2. Information source
3.2.1. Primary sources
3.2.2. Secondary sources

4. Global Jewelry Market Overview
4.1. Jewelry – Industry Overview
4.2. Dynamics of the jewelery market
4.2.1. Drivers and Opportunities
4.2.1.1. Increase disposable income
4.2.1.2. Changing lifestyles and the perception of jewelry
4.2.2. Constraints and challenges
4.2.2.1. High cost
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining power of suppliers (moderate)
4.3.2. Threats from new entrants: (low)
4.3.3. Bargaining power of buyers (moderate)
4.3.4. Substitute Threat (Moderate)
4.3.5. Rivalry between existing companies (high)
4.4. PESTLE Analysis
4.5. Jewelry Industry Trends
4.6. Value chain analysis
4.7. COVID-19 Impact Analysis

5. Global Jewelry Market, By Product
5.1. Main conclusions
5.2. Introduction
5.2.1. Global jewelry market, by product, 2018-2030 (USD billion)
5.3. Necklace
5.3.1. Global jewelry market, by necklace, by region, 2018-2030 (USD billion)
5.4. Ring
5.4.1. Global jewelry market, by ring, by region, 2018-2030 (USD billion)
5.5. Earings
5.5.1. Global jewelry market, by earrings, by region, 2018-2030 (USD billion)
5.6. Bracelet
5.6.1. Global jewelry market, by bracelet, by region, 2018-2030 (USD billion)
5.7. Others
5.7.1. Global Jewelry Market, by Others, by Region, 2018-2030 (USD Billion)

6. Global Jewelry Market, By Material Type
6.1. Main findings
6.2. Introduction
6.2.1. Global jewelry market, by material type, 2018-2030 (USD billion)
6.3. Silver
6.3.1. Global jewelry market, by silver, by region, 2018-2030 (USD billion)
6.4. Gold
6.4.1. Global jewelry market, by gold, by region, 2018-2030 (USD billion)
6.5. Platinum
6.5.1. Global Jewelry Market, by Platinum, by Region, 2018-2030 (USD Billion)
6.6. diamond
6.6.1. Global jewelry market, by diamond, by region, 2018-2030 (USD billion)
6.7. Others
6.7.1. Global Jewelry Market, by Others, by Region, 2018-2030 (USD Billion)

7. Global Jewelry Market, By Category
7.1. Main findings
7.2. Introduction
7.2.1. Global jewelry market, by category, 2018-2030 (USD billion)
7.3. Brand
7.3.1. Global jewelry market, by brand, by region, 2018-2030 (USD billion)
7.4. Unbranded
7.4.1. Global jewelry market, by brand, by region, 2018-2030 (USD billion)

8. Global Jewelry Market, By Distribution Channel
8.1. Main conclusions
8.2. Introduction
8.2.1. Global jewelry market, by distribution channel, 2018-2030 (USD billion)
8.3. Offline
8.3.1. Global jewelry market, by offline, by region, 2018-2030 (USD billion)
8.4. On line
8.4.1. Global jewelry market, by line, by region, 2018-2030 (USD billion)

9. Global Jewelry Market, By Geography

10. Competitive landscape
10.1. Expansion and acquisition analysis
10.1.1. Expansion
10.1.2. Acquisitions
10.2. Partnerships/Collaborations/Agreements/Exhibitions

11. Company Profiles
11.1. Buccellati
11.1.1. Company presentation
11.1.2. Financial performance
11.1.3. Product Benchmarking
11.1.4. Recent development
11.2. cartier
11.2.1. Company presentation
11.2.2. Financial performance
11.2.3. Product Benchmarking
11.2.4. Recent development
11.3. Chow Tai Fook Jewelry Company Limited
11.3.1. Company presentation
11.3.2. Financial performance
11.3.3. Product Benchmarking
11.3.4. Recent development
11.4. LVMH Group
11.4.1. Company presentation
11.4.2. Financial performance
11.4.3. Product Benchmarking
11.4.4. Recent development
11.5. Malabar Gold & Diamonds
11.5.1. Company presentation
11.5.2. Financial performance
11.5.3. Product Benchmarking
11.5.4. Recent development
11.6. PANDORA JEWELRY LLC
11.6.1. Company presentation
11.6.2. Financial performance
11.6.3. Product Benchmarking
11.6.4. Recent development
11.7. SHR Jewelry Group
11.7.1. Company presentation
11.7.2. Financial performance
11.7.3. Product Benchmarking
11.7.4. Recent development
11.8. Swarovski
11.8.1. Company presentation
11.8.2. Financial performance
11.8.3. Product Benchmarking
11.8.4. Recent development
11.9. Tata Sons Private Ltd.
11.9.1. Company presentation
11.9.2. Financial performance
11.9.3. Product Benchmarking
11.9.4. Recent development
11.10. The Swatch Group AG
11.10.1. Company presentation
11.10.2. Financial performance
11.10.3. Product Benchmarking
11.10.4. Recent development

For more information on this report, visit https://www.researchandmarkets.com/r/61onfk


        

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