Men’s Jewelry Market Size, Share, By Product (Necklace, Ring, Earrings, Bracelet, Other Products), By Type (Original, Artificial), By Category (Branded, Unbranded), By Distribution Channel (Online, Offline), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI552724 | Publish Date: July 2024 | No. of Pages: 182

Mens Jewelry Market Overview

Men’s Jewelry Market Size was valued at USD 35.87 Billion in 2024 and is expected to reach USD 75.9 Billion by 2034 growing at a CAGR of 8.6%

Man's jewelry includes those accessories a man would wear to complement and enhance his masculine style. Examples may include watches, rings, bracelets, necklaces, cuff links, and tie clips. In comparison with women's jewelry, men's was always more subdued, though it is changing with time as timeless and modern styles are both accessible nowadays. Anodized and sleek metals like gold and silver have been used in making pieces of jewelry, but also used for the same purpose are durable, wallet-friendly metals like stainless steel; leather; and beaded elements in their making. Regarding functionality and aesthetics, jewelry for men does its work, giving a way to express one's personality, status, or cultural affiliations. Throughout the last couple of years, there has been a heightened movement toward diverse and bold choices of jewelry among men, mirroring shifting attitudes about masculinity and personal adornment.

The men's jewelry market has undergone a sea of change in recent times. This conservatism-driven industry, usually dominated by wedding bands and cufflinks, is now turning very dynamic. Key trends that are perceived to shape this market include increasing fashion consciousness, versatility in design, and shifting masculine ideology. Moreover, men have started showing interest in fashion and matching accessories to create a decent look in various places, including working offices, parties, or any other outdoor recreational activities.

Furthermore, the fashion companies are also coming up with several product options for the men's segment, like bracelets, rings, necklaces, and chains. Rings, especially wedding rings and signet rings, are becoming popular amongst men, and are studded with gemstones. Leather bracelets, beaded bracelets, chain bracelets, and cuffs are again offering variations according to the style one wants to wear at a specific time and occasion. Chains, pendants with religious symbols or personal engravings, and layered necklaces are gaining fast on the radar of men, fueling the growth of the men's jewelry market.

Men’s Jewelry Market Research Report

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Mens Jewelry Market Dynamics

Key Drivers of Target Market:

Changing Societal Norms

  • Historical gender roles are changing, and so is the definition of masculinity. Previously unreceptive to fashion, men are more comfortable nowadays in using jewelry as a tool of expression. This change in perception is based on factors such as growth in metrosexual culture, exposure through media to a plethora of styles, and greater tolerance for expression from both genders.

Emphasis on Personalization:

  • They want unique, bespoke pieces that reflect their character. Options to engrave initials, birthstones, or meaningful words on rings, pendants, and bracelets gain even more interest. Added to this trend lies an additional sentimental value and attachment to the jewels. With such services in customization, brands can answer the increasing demand and offer a much more personal experience while shopping.

Restrains:

Societal Perceptions:

  • Deep-seated traditional gender roles and stereotypes can limit men's propensity to adorn themselves with jewelry. This is the case in some cultures and professions. Overcoming these perceptions is critical to driving market size. Marketing campaigns that depict a diversity of men confidently wearing jewelry help break the ice of those stereotypes and motivate other demographics. Moreover, male celebrities and social influencers who unashamedly show an interest in jewelry may prove wonderful partners in normalizing acceptance across all demographics.

Opportunities:

Expanding Product Categories

  • Serve niche interests with personalized and tech-infused products, and watch the men's jewelry market grow. There can be niche jewelry lines that cater to focused demographics, for example, sportspeople, musicians, or professionals from certain industries by their professions-inspired designs. Options for customization—engraving of initials or birthstones, for example—can help in developing a closer connection with customers, allow self-expression, and increase the perceived value of jewelry. Also, technology in jewelry pieces will be helpful to allure the younger generation. Presently, smart jewelry that includes health tracking facilities or wearables working seamlessly with smartphones is going to put brands ahead in the game.

Mens Jewelry Market Segmentation

The market is segmented based on Product, Type, Category, Distribution Channel, and Region.

Product Insights:

  • Necklace: From simple chains to very elaborate pendants, men's necklaces span a long way. They are made from materials like gold, silver, stainless steel, and even leather. Necklaces can make such a big fashion statement, like a status symbol or even a personal token of the wearer since it reflects one's style and personality.
  • Ring: Rings happen to be one of the most used forms of men's jewelry and typically represent marital status, affiliations, or personal accomplishments. They can range in material from the more expensive precious metals like gold and platinum to inexpensive ones such as tungsten and stainless steel. A man's ring can come in a plain band or with stones and engravings on it.
  • Earrings: Recently, men's earrings have grown in popularity. They come in different forms, which include studs, hoops, and dangle earrings. They are constructed with several materials, such as gold, silver, and stainless steel, usually set with diamonds or stones of other types. Earrings will help express men's style and may be from low-key to bold fashion statements.
  • Bracelet: A men's bracelet comes in a good number of styles, ranging from leather cuffs and beaded strands to metal chains and bangles. These can be sported either solo or stacked to bring out a unique element in the attire. Available materials include gold, silver, stainless steel, leather, and natural stones, offering different varieties based on taste and occasion.
  • Other Products: This comprises some other less-used products such as cufflinks, tie bars, and brooches. They too are functional but add elegance and suaveness to the user. These can be made out of precious metals and often are embellished with stones to give a refined finish to formal attire.

Type Insights:

  • Original: Original men's jewelry would be made from original, high-quality raw materials like gold, silver, platinum, and naturally occurring stones. Most of it shall be handcrafted and unique; it means craft, strength, and value in a fine material to some people.
  • Artificial: Artificial jewelry is otherwise referred to as costume or fashion jewelry, made of non-precious raw materials, like stainless steel, brass, or glass. Such pieces look the same as the original jewelry but are very cheap in comparison. They will especially help those people who would like to experiment with styles and trends without a high financial investment.

Category Insights:

  • Branded: Jewelry for men by branded labels is associated with known brands that guarantee quality and consistency in the design. Most of the time, these products bear a premium price because of the brand reputation, marketing, and exclusiveness of the designs. Consumers buying branded jewelry look mainly for the assurance of quality and the prestige associated with owning a recognized label.
  • Unbranded: Unbranded jewelry generally represents a more affordable set of options without the benefit of a recognized name backing it. Such pieces range greatly in terms of quality and design, thus offering great variability to customers. Unbranded jewelry attracts those customers who value variety and price over brand reputation.

Distribution Channel Insights:

  • Online: The online distribution channel for men's jewelry includes e-commerce. They can also be resold on websites, online company stores, and online marketplaces like Amazon and eBay. This channel allows customers convenience in terms of purchasing from home, a wide range of variety products, and price comparison ease. It facilitates access to customer reviews and product details.
  • Offline: The offline segment incorporates the traditional brick-and-mortar stores of jewelry boutiques, department stores, and specialty retailers. This channel allows customers to go, inspect physically, try out, and buy. Moreover, it enables customized customer service and quick in-store buying gratification.

Regional Insights

  • North America: High disposable income, strong fashion culture, and high spending on luxury goods drive the North American market for men's jewelry. This would also include the potential markets of the United States and Canada, where there is a tendency toward high-end branded and unique handmade pieces of jewelry.
  • Asia Pacific: The region has huge growth potential in the men's jewelry market, notably in countries such as China, India, and Japan. Demand is driven by growing disposable incomes, increasing middle class, and a mix of conservative taste and modern outlook. The region is also one of the biggest jewelry producers, and the wide array of supplies dictates its diversity.
  • Europe: The history of jewelry making in Europe is as long as it is varied, with the largest share coming from Italy, France, and the UK. In this market, luxury brands hold sway alongside more rustic, locally handmade items. Products boasting high-quality materials and complicated designs are in high demand.
  • Latin America: Latin America is a fusion of the traditional and modern styles in the men's jewelry market. Countries like Brazil and Mexico are high consumers, mostly due to their interest in luxury and affordable jewelry. This market is driven by the rich heritage of culture and craftwork endemic in the region.
  • Middle East and Africa: This region is characterized by a love of rich and ornate jewelry. Key countries are the UAE and Saudi Arabia. Demand for gold and gemstone-encrusted pieces has driven demand in this area. Strong cultural traditions and special events like marriage and other festivals also impact the market.

Men’s Jewelry Market Report Scope:

Attribute

Details

Market Size 2024

USD 35.87 Billion 

Projected Market Size 2034

USD 75.9 Billion

CAGR Growth Rate

8.6%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Necklace, Ring, Earrings, Bracelet, Other Products.

By Type - Original, Artificial.

By Category - Branded, Unbranded

By Distribution Channel - Online, Offline

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For this study segmented the target market report based on Product, Type, Category, Distribution Channel, and Region.

By Product:

  • Necklace
  • Ring
  • Earrings
  • Bracelet
  • Other Products

By Type:

  • Original
  • Artificial

By Category:

  • Branded
  • Unbranded

By Distribution Channel:

  • Online
  • Offline

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Mens Jewelry Market Key Players

The key players operating the Men’s Jewelry Market include Tiffany & Co., Cartier, Bvlgari, Rolex, David Yurman, Pandora, Chanel, Gucci, Louis Vuitton, Hermès, Zales, Signet Jewelers, Blue Nile, James Avery, John Hardy, LVMH Moët Hennessy Louis Vuitton, Swarovski, Chopard, Giorgio Armani, and Kay Jewelers.

Men’s Jewelry Market Key Players

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Mens Jewelry Market Key Issues Addressed

  • In January 2024, Louis Vuitton launched a new line of jewelry products allegedly for men but marketed as unisex. Louis Vuitton is expanding its fine jewelry offerings with a new collection named "les Gastons Vuitton". The jewelry, described as "unisex" by the luxury trunk maker, is largely aimed at a previously underrepresented male demographic with enormous commercial potential. As the name implies, this collection of 18 masculine-looking pieces was designed as a lively tribute to the House's past, in light of younger generations' more relaxed attitudes toward jewelry.
  • In November 2023, Kalyan Jewellers launched a new men's jewelry line for International Men's Day. In honor of International Men's Day, famous jewelry firm Kalyan Jewellers introduced its latest collection, Senhor, a unique range of men's jewelry. The launch campaign includes Amitabh Bachchan, the brand's spokesperson, displaying the jewelry pieces. The Senhor collection, inspired by the Portuguese phrase for 'sir' or 'gentleman,' is intended to suit the modern man's desire for distinctive and significant accessories. Senhor's jewelry line comprises neckpieces, necklaces, rings, and bracelets made of gold, platinum, rose gold, and white gold, as well as diamonds.

Mens Jewelry Market Company Profile

  • Tiffany & Co.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cartier
  • Bvlgari
  • Rolex
  • David Yurman
  • Pandora
  • Chanel
  • Gucci
  • Louis Vuitton
  • Hermès
  • Zales
  • Signet Jewelers
  • Blue Nile
  • James Avery
  • John Hardy
  • LVMH Moët Hennessy Louis Vuitton
  • Swarovski
  • Chopard
  • Giorgio Armani
  • Kay Jewelers

“*” marked represents similar segmentation in other categories in the respective section.

Mens Jewelry Market Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product
    • Market Snippet, By Type
    • Market Snippet, By Category
    • Market Snippet, By Distribution Channel
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, Product, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Necklace
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Ring
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Earrings
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Bracelet
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Other Products
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Original
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Artificial
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Category, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Branded
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Unbranded
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Distribution Channel, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Online
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Offline
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Category, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Category, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Category, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Category, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Category, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Distribution Channel, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • Tiffany & Co.
  • Cartier
  • Bvlgari
  • Rolex
  • David Yurman
  • Pandora
  • Chanel
  • Gucci
  • Louis Vuitton
  • Hermès
  • Zales
  • Signet Jewelers
  • Blue Nile
  • James Avery
  • John Hardy
  • LVMH Moët Hennessy Louis Vuitton
  • Swarovski
  • Chopard
  • Giorgio Armani
  • Kay Jewelers

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Men’s Jewelry Market Size was valued at USD 35.87 Billion in 2024 and is expected to reach USD 75.9 Billion by 2034 growing at a CAGR of 8.6%.

Men’s Jewelry Market is segmented into Product, Type, Category, Distribution Channel, and Region.

Factors driving the market include the changing societal norms and emphasis on personalization.

The Men’s Jewelry Market's restraints include societal perceptions.

The Men’s Jewelry Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Men’s Jewelry Market include Tiffany & Co., Cartier, Bvlgari, Rolex, David Yurman, Pandora, Chanel, Gucci, Louis Vuitton, Hermès, Zales, Signet Jewelers, Blue Nile, James Avery, John Hardy, LVMH Moët Hennessy Louis Vuitton, Swarovski, Chopard, Giorgio Armani, and Kay Jewelers.