Gems And Jewelry Market size to grow by USD 137.48 billion from 2022 to 2027; Growth driven by growing demand for wedding jewelry- Technavio |

0 12 minutes read

NEW YORK, May 18, 2023 /PRNewswire/ — The gems and jewelry market size is set to grow by USD 137.48 billion from 2023 to 2027 progressing at a CAGR of 7.55% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by innovation in terms of design and manufacturing technology. Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and forecast period (2023-2027). Download Sample Report in minutes!

The report on the gems and jewelry market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

Gems And Jewelry Market 2023-2027 – Market Dynamics

Market Driver

Innovation in terms of design and manufacturing technology
Growing demand for wedding jewelry
Increase in international tourist expenditure

Market Trend

Enhanced vendor engagement through social media and other entertainment channels
Introduction of AR in gems and jewelry market
Growing demand for cross-cultural jewelry designs

Market Challenges

Rising labor cost and fluctuating raw material prices
Decline in demand for gold jewelry as an investment option
Impact of government policies and regulations

Gems And Jewelry Market 2023-2027: Market Segmentation

The gems and jewelry market is segmented by distribution channel (offline and online), type (gold, platinum, silver, diamond, and gemstones), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

The gems and jewelry market share growth by the offline segment will be significant during the forecast period. Over the years, the revenue of the offline distribution channel has witnessed a gradual decline due to the shift in consumer preference toward online shopping. By geography, APAC is estimated to contribute 61% to the growth of the global market during the forecast period. The growth of the market in APAC is attributable to the rising economic growth, expanding middle-class population base, and a growing number of players operating in the region.

The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market- View Sample Report

The gems and jewelry market covers the following areas:

Gems And Jewelry Market Sizing

Gems And Jewelry Market Forecast

Gems And Jewelry Market Analysis

Companies Mentioned

Aurum designer jewellers
CHANEL Ltd.
Chow Tai Fook Jewellery Group Ltd.
Compagnie Financiere Richemont SA
Emperor Watch and Jewelry Ltd
Graff Diamonds Ltd.
Hstern Jewellery Ltd.
Kalyan Jewellers India Ltd.
Kering SA
LVMH Moet Hennessy Louis Vuitton SE
Malabar Gold and Diamonds
Pandora AS
PC Jeweller Ltd.
Rajesh Exports Ltd.
Riddles Group Inc.
Signet Jewelers Ltd.
Stuller Inc.
Swarovski AG
Tata Sons Pvt. Ltd.
The Swatch Group Ltd.

Related Reports:

Luxury Watch Market – The Global Luxury Watch Market size is estimated to grow at a CAGR of 1.61% between 2022 and 2027. The luxury watch market size is forecast to increase by USD 2,910.23 million.

Handbag Market- The handbag market size is estimated to grow at a CAGR of 4.3% between 2022 and 2027. The handbag market size is forecast to increase by USD 14,110.72 million.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Gems And Jewelry Market Scope
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 7.55%
Market growth 2023-2027	USD 137.48 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	5.41
Regional analysis	APAC, North America, Europe, Middle East and Africa, and South America
Performing market contribution	APAC at 61%
Key countries	US, China, India, UK, and France
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Aurum designer jewellers, CHANEL Ltd., Chow Tai Fook Jewellery Group Ltd., Compagnie Financiere Richemont SA, Emperor Watch and Jewelry Ltd, Graff Diamonds Ltd., Hstern Jewellery Ltd., Kalyan Jewellers India Ltd., Kering SA, LVMH Moet Hennessy Louis Vuitton SE, Malabar Gold and Diamonds, Pandora AS, PC Jeweller Ltd., Rajesh Exports Ltd., Riddles Group Inc., Signet Jewelers Ltd., Stuller Inc., Swarovski AG, Tata Sons Pvt. Ltd., and The Swatch Group Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global gems and jewelry market 2017 – 2021

Exhibit 18: Historic Market Size – Data Table on Global gems and jewelry market 2017 – 2021 ($ billion)

4.2 By Distribution channel Segment Analysis 2017 – 2021

Exhibit 19: Historic Market Size – By Distribution channel Segment 2017 – 2021 ($ billion)

4.3 By Type Segment Analysis 2017 – 2021

Exhibit 20: Historic Market Size – By Type Segment 2017 – 2021 ($ billion)

4.4 Geography Segment Analysis 2017 – 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ billion)

4.5 Country Segment Analysis 2017 – 2021

Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

6.1 Market segments

Exhibit 30: Chart on Distribution Channel – Market share 2022-2027 (%)
Exhibit 31: Data Table on Distribution Channel – Market share 2022-2027 (%)

6.2 Comparison by Distribution Channel

Exhibit 32: Chart on Comparison by Distribution Channel
Exhibit 33: Data Table on Comparison by Distribution Channel

6.3 Offline – Market size and forecast 2022-2027

Exhibit 34: Chart on Offline – Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Offline – Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Offline – Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Offline – Year-over-year growth 2022-2027 (%)

6.4 Online – Market size and forecast 2022-2027

Exhibit 38: Chart on Online – Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Online – Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Online – Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Online – Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Distribution Channel

Exhibit 42: Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Type

7.1 Market segments

Exhibit 43: Chart on Type – Market share 2022-2027 (%)
Exhibit 44: Data Table on Type – Market share 2022-2027 (%)

7.2 Comparison by Type

Exhibit 45: Chart on Comparison by Type
Exhibit 46: Data Table on Comparison by Type

7.3 Gold – Market size and forecast 2022-2027

Exhibit 47: Chart on Gold – Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Data Table on Gold – Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Chart on Gold – Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Gold – Year-over-year growth 2022-2027 (%)

7.4 Platinum – Market size and forecast 2022-2027

Exhibit 51: Chart on Platinum – Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on Platinum – Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on Platinum – Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Platinum – Year-over-year growth 2022-2027 (%)

7.5 Silver – Market size and forecast 2022-2027

Exhibit 55: Chart on Silver – Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Data Table on Silver – Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Chart on Silver – Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Silver – Year-over-year growth 2022-2027 (%)

7.6 Diamond – Market size and forecast 2022-2027

Exhibit 59: Chart on Diamond – Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Data Table on Diamond – Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Chart on Diamond – Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Diamond – Year-over-year growth 2022-2027 (%)

7.7 Gemstones – Market size and forecast 2022-2027

Exhibit 63: Chart on Gemstones – Market size and forecast 2022-2027 ($ billion)
Exhibit 64: Data Table on Gemstones – Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Chart on Gemstones – Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Gemstones – Year-over-year growth 2022-2027 (%)

7.8 Market opportunity by Type

Exhibit 67: Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 69: Chart on Market share by geography 2022-2027 (%)
Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison

9.3 APAC – Market size and forecast 2022-2027

Exhibit 73: Chart on APAC – Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Data Table on APAC – Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Chart on APAC – Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC – Year-over-year growth 2022-2027 (%)

9.4 North America – Market size and forecast 2022-2027

Exhibit 77: Chart on North America – Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Data Table on North America – Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Chart on North America – Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on North America – Year-over-year growth 2022-2027 (%)

9.5 Europe – Market size and forecast 2022-2027

Exhibit 81: Chart on Europe – Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on Europe – Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on Europe – Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Europe – Year-over-year growth 2022-2027 (%)

9.6 Middle East and Africa – Market size and forecast 2022-2027

Exhibit 85: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

9.7 South America – Market size and forecast 2022-2027

Exhibit 89: Chart on South America – Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on South America – Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on South America – Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on South America – Year-over-year growth 2022-2027 (%)

9.8 China – Market size and forecast 2022-2027

Exhibit 93: Chart on China – Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on China – Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on China – Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on China – Year-over-year growth 2022-2027 (%)

9.9 India – Market size and forecast 2022-2027

Exhibit 97: Chart on India – Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on India – Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on India – Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on India – Year-over-year growth 2022-2027 (%)

9.10 US – Market size and forecast 2022-2027

Exhibit 101: Chart on US – Market size and forecast 2022-2027 ($ billion)
Exhibit 102: Data Table on US – Market size and forecast 2022-2027 ($ billion)
Exhibit 103: Chart on US – Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on US – Year-over-year growth 2022-2027 (%)

9.11 UK – Market size and forecast 2022-2027

Exhibit 105: Chart on UK – Market size and forecast 2022-2027 ($ billion)
Exhibit 106: Data Table on UK – Market size and forecast 2022-2027 ($ billion)
Exhibit 107: Chart on UK – Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on UK – Year-over-year growth 2022-2027 (%)

9.12 France – Market size and forecast 2022-2027

Exhibit 109: Chart on France – Market size and forecast 2022-2027 ($ billion)
Exhibit 110: Data Table on France – Market size and forecast 2022-2027 ($ billion)
Exhibit 111: Chart on France – Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on France – Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography

Exhibit 113: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.3 Impact of drivers and challenges

Exhibit 114: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

11.2 Vendor landscape

Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 116: Overview on factors of disruption

11.4 Industry risks

Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 118: Vendors covered

12.2 Market positioning of vendors

Exhibit 119: Matrix on vendor position and classification

12.3 CHANEL Ltd.

Exhibit 120: CHANEL Ltd. – Overview
Exhibit 121: CHANEL Ltd. – Business segments
Exhibit 122: CHANEL Ltd. – Key offerings
Exhibit 123: CHANEL Ltd. – Segment focus

12.4 Chow Tai Fook Jewellery Group Ltd.

Exhibit 124: Chow Tai Fook Jewellery Group Ltd. – Overview
Exhibit 125: Chow Tai Fook Jewellery Group Ltd. – Business segments
Exhibit 126: Chow Tai Fook Jewellery Group Ltd. – Key offerings
Exhibit 127: Chow Tai Fook Jewellery Group Ltd. – Segment focus

12.5 Compagnie Financiere Richemont SA

Exhibit 128: Compagnie Financiere Richemont SA – Overview
Exhibit 129: Compagnie Financiere Richemont SA – Business segments
Exhibit 130: Compagnie Financiere Richemont SA – Key offerings
Exhibit 131: Compagnie Financiere Richemont SA – Segment focus

12.6 Emperor Watch and Jewelry Ltd

Exhibit 132: Emperor Watch and Jewelry Ltd – Overview
Exhibit 133: Emperor Watch and Jewelry Ltd – Product / Service
Exhibit 134: Emperor Watch and Jewelry Ltd – Key offerings

12.7 Kalyan Jewellers India Ltd.

Exhibit 135: Kalyan Jewellers India Ltd. – Overview
Exhibit 136: Kalyan Jewellers India Ltd. – Product / Service
Exhibit 137: Kalyan Jewellers India Ltd. – Key offerings

12.8 Kering SA

Exhibit 138: Kering SA – Overview
Exhibit 139: Kering SA – Business segments
Exhibit 140: Kering SA – Key offerings
Exhibit 141: Kering SA – Segment focus

12.9 LVMH Moet Hennessy Louis Vuitton SE

Exhibit 142: LVMH Moet Hennessy Louis Vuitton SE – Overview
Exhibit 143: LVMH Moet Hennessy Louis Vuitton SE – Business segments
Exhibit 144: LVMH Moet Hennessy Louis Vuitton SE – Key news
Exhibit 145: LVMH Moet Hennessy Louis Vuitton SE – Key offerings
Exhibit 146: LVMH Moet Hennessy Louis Vuitton SE – Segment focus

12.10 Malabar Gold and Diamonds

Exhibit 147: Malabar Gold and Diamonds – Overview
Exhibit 148: Malabar Gold and Diamonds – Product / Service
Exhibit 149: Malabar Gold and Diamonds – Key offerings

12.11 Pandora AS

Exhibit 150: Pandora AS – Overview
Exhibit 151: Pandora AS – Business segments
Exhibit 152: Pandora AS – Key offerings
Exhibit 153: Pandora AS – Segment focus

12.12 PC Jeweller Ltd.

Exhibit 154: PC Jeweller Ltd. – Overview
Exhibit 155: PC Jeweller Ltd. – Business segments
Exhibit 156: PC Jeweller Ltd. – Key offerings
Exhibit 157: PC Jeweller Ltd. – Segment focus

12.13 Rajesh Exports Ltd.

Exhibit 158: Rajesh Exports Ltd. – Overview
Exhibit 159: Rajesh Exports Ltd. – Product / Service
Exhibit 160: Rajesh Exports Ltd. – Key offerings

12.14 Signet Jewelers Ltd.

Exhibit 161: Signet Jewelers Ltd. – Overview
Exhibit 162: Signet Jewelers Ltd. – Business segments
Exhibit 163: Signet Jewelers Ltd. – Key offerings
Exhibit 164: Signet Jewelers Ltd. – Segment focus

12.15 Swarovski AG

Exhibit 165: Swarovski AG – Overview
Exhibit 166: Swarovski AG – Product / Service
Exhibit 167: Swarovski AG – Key offerings

12.16 Tata Sons Pvt. Ltd.

Exhibit 168: Tata Sons Pvt. Ltd. – Overview
Exhibit 169: Tata Sons Pvt. Ltd. – Business segments
Exhibit 170: Tata Sons Pvt. Ltd. – Key offerings
Exhibit 171: Tata Sons Pvt. Ltd. – Segment focus

12.17 The Swatch Group Ltd.

Exhibit 172: The Swatch Group Ltd. – Overview
Exhibit 173: The Swatch Group Ltd. – Business segments
Exhibit 174: The Swatch Group Ltd. – Key offerings
Exhibit 175: The Swatch Group Ltd. – Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 176: Inclusions checklist
Exhibit 177: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 178: Currency conversion rates for US$

13.4 Research methodology

Exhibit 179: Research methodology
Exhibit 180: Validation techniques employed for market sizing
Exhibit 181: Information sources

13.5 List of abbreviations

Exhibit 182: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

Newsroom:

View original content to download multimedia:https://www.prnewswire.com/news-releases/gems-and-jewelry-market-size-to-grow-by-usd-137-48-billion-from-2022-to-2027-growth-driven-by-growing-demand-for-wedding-jewelry-technavio-301827482.html