Global Jewellery Market By Type Overview
Jewellery Market accounted for US$ 337.66 billion in 2020 and is estimated to be US$ 431.18 billion by 2030 and is anticipated to register a CAGR of 3.0%.
Bridal jewellery is a new trend that is gaining traction in the market. In nations such as India, a wedding is regarded as a large event with numerous customs and functions. Increased spending on wedding functions is likely to boost market growth. Necklaces, hairpins, and bangles are among the most popular accessories among women. The capacity to customize such items is a key aspect that will likely drive market growth. Gold chains and necklaces are no longer just for weddings and formal occasions. Rings, plain gold chains, and anklets are used by both men and women as fashion statements. Earrings and bracelets are also given as gifts for a variety of occasions, such as birthdays and anniversaries. This pattern of consumption is projected to have a beneficial impact on market growth.
Global Jewellery Market By Type Drivers & Restraints
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
Global Jewellery Market By Type Segmentations & Regional Insights
The global jewellery market report segments the market on the basis of type, application, and region.
Global jewellery market by type:
- Gold
- Diamond
- Platinum
- Gems
Global jewellery market by application:
- Online
- Offline
Global jewellery market by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the global jewellery market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customer/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economic factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Global Jewellery Market By Type Competitive Landscape & Key Players
Key players in the global jewellery market includes Chow Tai Fook Jewellery LVMH, Rajesh Exports, Richemont, Signet Jewelers, Maria Black, Missoma London, Laura Lombardi, Bar Jewellery and Gaviria
Global Jewellery Market By Type Company Profile
- Chow Tai Fook Jewellery
- LVMH
- Rajesh Exports
- Richemont
- Signet Jewelers
- Maria Black
- Missoma London
- Laura Lombardi
- Bar Jewellery
- Gaviria
Global Jewellery Market By Type Highlights
FAQs
The Global Jewellery market is segmented into basis of type, application, and region.
People's changing lifestyles and increased disposable budgets, combined with strong branding and advertising by prominent firms, are the primary factors driving market expansion.
By region, Europe is expected to dominate the jewellery over the forecast period.
The Key players operating in the global Jewellery market include Chow Tai Fook Jewellery LVMH, Rajesh Exports, Richemont, Signet Jewelers, Maria Black, Missoma London, Laura Lombardi, Bar Jewellery and Gaviria.