Jewelry is one of the most antique and enduring forms of personal countenance and embellishment. Whether it’s a deluxe diamond necklace or a simple charm bracelet, somehow jewelry makes the wearer instantly feel more poised. Jewelry is made up of a wide range of materials such as gold, silver, diamond, platinum, and gemstones and similar materials such as amber and coral, precious metals, beads, and shells.

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Changing lifestyle and the increasing disposable incomes of people is the key factor driving the market growth. The growing acceptance of jewelry among men is another factor propelling the growth of the global jewelry market over the forecast period. Products such as cufflinks, plain gold chains, cufflinks, tie bar, cartography necklaces, and signet rings are often worn by men. Moreover, designs inspired by tribal women are steadily penetrating the market based on their popularity. Furthermore, awareness about exceptional benefits of the metals and gemstones used in the jewelry pieces is an additional factor fuelling the market growth. Women are focussing on the modern trends of necklaces, bangles, hairpins, and the easy availability of customized jewelry is likely to boost the market growth.

With the ongoing coronavirus crisis, the market for jewelry has been adversely impacted. The strict lockdown has pushed people into their homes, which in turn, has indirectly reduced their income. The rapid fall in the income and the increasing preference of the consumers to spend just on the essential items are the major factors that are affecting the demand of the market.

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Based on the material type, the diamond segment is expected to grow at a higher CAGR in the global Jewelry market during the forecast period owing to depreciating value of the diamond jewelry and less availability of platinum across the globe. Diamonds are becoming increasingly popular owing to the rising disposable income throughout the globe. Diamonds are considered to be one of the earth’s most striking natural materials due to their magnificent qualities.

Based on the product type, the rings segment is projected to grow at a faster CAGR during the forecast period in the global Jewelry market. Men and women both adorn rings jewelry as a fashion statement. Earrings and bracelets are also gifted on various occasions or events like birthdays and anniversaries. This consumption behaviour is expected to impact the market growth positively. Rings are not only used for engagements or anniversaries but are also used on an everyday basis.

Based on the Distribution Channel, the online store is expected to witness a higher CAGR during the forecast period owing to the increasing penetration of the internet and smartphones, which in turn, is surging the growth for online shopping. The online platform allows consumers to compare products in real-time and make informed decisions.

Based on the end-users, the female segment is expected to dominate the global Jewelry market in upcoming years owing to the increasing usage of jewelleries by the females. Moreover, the male segment is expected to grow in the forecast period due to increasing acceptance of men’s jewelry and rising influence of celebrity culture.

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Based on the region, the North America region is expected to lead the global Jewelry market in 2019 due to its advanced retail structure and higher adoption of jewelry due to aggressive advertising strategy and celebrity brand endorsement. Moreover, the high expenditure of consumers on fashion jewelry adds to the growth of the market in this region.

Various notable players operating in the market include Tiffiny & Co., Signet Group, Richemont Group, LVMH Group, Graff, Harry Winston, Van Cleef & Arpels, Pandora, Chow Tai Fook, Cartier, among others.

The global Jewelry market has been segmented on the basis of Material Type, Product Type, Distribution Channel, end-users, and regions. Based on Material Type, the market is segmented into gold, silver, Platinum, Diamond, and others. The Product Type, the market is segmented into Necklace, Rings, Earrings, Bracelets, and others. Based on Distribution Channel, the market is segmented into Offline stores and Online Stores. Based on End-user segment market is further segmented into Female and Male.

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Key questions answered in this research report:

• • At what pace is global Jewelry market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global Jewelry market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Jewelry market?
  • Which Material type generated maximum revenues in 2020 and identify the most promising products during the forecast period?
  • What are the various Product Types of global Jewelry market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Material Type, By Product Type, By Distribution Channel, By End-Users, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Tiffany & Co., Signet Group, Richemont Group, LVMH Group, Graff, Harry Winston, Van Cleef & Arpels, Pandora, Chow Tai Fook, Cartier, among others; a total of 12 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Jewelry Market by Material Type

• • Gold
  • Silver
  • Platinum
  • Diamond
  • Others

Global Jewelry Market by Product Type

• • Necklace
  • Rings
  • Earrings
  • Bracelet
  • Others

Global Jewelry Market by Distribution Channel

• • Online Stores
  • Offline Stores

Global Jewelry Market by End-Users

• • Women
  • Men

Global Jewelry Market by Region

• • North America Global Jewelry Market (Option 1: As a part of the free 25% customization)
    • North America Global Jewelry Market by Material Type
    • North America Global Jewelry Market by Product Type
    • North America Global Jewelry Market by Distribution Channel
    • North America Global Jewelry Market by End-Users
    • US Global Jewelry Market All-Up
    • Canada Global Jewelry Market All-Up
  • Europe Global Jewelry Market (Option 2: As a part of the free 25% customization)
    • Europe Global Jewelry Market by Material Type
    • Europe Global Jewelry Market by Product Type
    • Europe Global Jewelry Market by Distribution Channel
    • Europe Global Jewelry Market by End-Users
    • UK Global Jewelry Market All-Up
    • Germany All-Up Global Jewelry Market All-Up
    • France Global Jewelry Market All-Up
    • Spain Global Jewelry Market All-Up
    • Rest of Europe Global Jewelry Market All-Up
  • Asia-Pacific Global Jewelry Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Global Jewelry Market by Material Type
    • Asia-Pacific Global Jewelry Market by Product Type
    • Asia-Pacific Global Jewelry Market by Distribution Channel
    • Asia-Pacific Global Jewelry Market by End-Users
    • China Global Jewelry Market All-Up
    • India Global Jewelry Market All-Up
    • Japan Global Jewelry Market All-Up
    • Rest of APAC Global Jewelry Market All-Up
  • RoW Global Jewelry Market (Option 4: As a part of the free 25% customization)
    • RoW Global Jewelry Market by Material Type
    • RoW Global Jewelry Market by Product Type
    • RoW Global Jewelry Market by Distribution Channel
    • RoW Global Jewelry Market by End-Users
    • Brazil Global Jewelry Market All-Up
    • South Africa Global Jewelry Market All-Up
    • Saudi Arabia Global Jewelry Market All-Up
    • UAE Global Jewelry Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Global Jewelry Market All-Up

Global Jewelry Leading Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Tiffany & Co.
  • Signet Group
  • Richemont Group
  • LVMH Group
  • Graff
  • Harry Winston
  • Van Cleef & Arpels
  • Pandora
  • Chow Tai Fook
  • Cartier