Global Gems and Jewelry Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Gems and Jewelry Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Rings, Necklaces, Earrings, Bracelets, Chains and Pendants, and Other Product Types), Distribution Channel (Offline Retail Stores, and Online Retail Stores), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Gems and Jewelry Market was valued at USD 304,921.4 million in 2023 and is expected to reach USD 577,052.7 million by 2031 while growing at a CAGR of 8.3% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global gems and jewelry market growth. Gems and jewelry encompass precious or semi-precious stones and ornaments crafted for personal adornment, valued for their beauty, rarity, and cultural significance. The industry includes a variety of products like gemstones, diamonds, precious metals, and finished jewelry pieces.
The Gems and Jewelry market is propelled by an increase in cultural significance and the display of status and wealth. However, potential hindrances to market expansion include ethical and environmental concerns, along with high manufacturing costs.
Furthermore, the global gems and jewelry industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Gems and Jewelry Market is segmented among Rings, Necklaces, Earrings, Bracelets, Chains and Pendants, and Other Product Types, based on Product Type. In 2023, Rings accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Distribution Channel Analysis
The Global Gems and Jewelry Market is segmented among Offline Retail Stores, and Online Retail Stores, based on Distribution Channel. In 2023, Offline Retail Stores accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Gems and Jewelry Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are LVMH Group, Pandora Jewelry LLC, Richemont SA, The Swatch Group AG, Tata Sons Private Ltd, De Beers Jewellers US Inc., Swarovski Crystal Online AG, Signet Jewelers, and Chow Tai Fook Jewellery Company Limited.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Gems and Jewelry Market Dynamics
Drivers
Restraints
Opportunity
4. Global Gems and Jewelry Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Gems and Jewelry Market Segmentation, By Product Type
Global Gems and Jewelry Market Share Analysis, By Product Type
Global Gems and Jewelry Market Growth Analysis, By Product Type
Global Gems and Jewelry Market Trends, By Product Type
o Rings
o Necklaces
o Earrings
o Bracelets
o Chains and Pendants
o Other Product Types
6. Global Gems and Jewelry Market Segmentation, By Distribution Channel
Global Gems and Jewelry Market Share Analysis, By Distribution Channel
Global Gems and Jewelry Market Growth Analysis, By Distribution Channel
Global Gems and Jewelry Market Trends, By Distribution Channel
o Offline Retail Stores
o Online Retail Stores
7. Global Gems and Jewelry Market Segmentation, By Region
Global Gems and Jewelry Market Share Analysis, By Region
Global Gems and Jewelry Market Growth Analysis, By Region
Global Gems and Jewelry Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
LVMH Group*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Pandora Jewelry LLC
Richemont SA
The Swatch Group AG
Tata Sons Private Ltd
De Beers Jewellers US Inc.
Swarovski Crystal Online AG
Signet Jewelers
Chow Tai Fook Jewellery Company Limited
*Similar analysis will be provided for each company listed above.