Market Overview:
The global gems and jewelry market is expected to reach a value of USD 302.8 billion by 2030, registering a CAGR of 5.5% during the forecast period (2018-2030). The market is segmented on the basis of type, application and region. On the basis of type, gold jewelry dominates the global gems and jewelry market with a share of more than 50%. Diamond jewelry is expected to be the fastest growing segment during the forecast period owing to its increasing demand from emerging economies such as China and India. On the basis of application, Application I dominates with a share close to 60%, while Application II is projected to grow at highest CAGR over 2018-2030 due rising disposable income levels in developing countries across regions such as Asia Pacific and Latin America.
Product Definition:
Gems are precious or semiprecious stones that are used in jewelry. Jewelry is any ornament worn on the body, typically made of metal, glass, plastic or gemstones. The wearing of jewelry is a common practice worldwide and has many cultural meanings.
Gold Jewelry:
Gold jewelry is gold-based wearable art, which includes chains and necklaces, anklets, bracelets and rings. The demand for gold jewelry has been increasing steadily over the last few years due to its aesthetic appeal. It can be used as a status symbol or it can be worn as an expression of one's beliefs or culture.
Diamond Jewelry:
Diamond jewelry and it's usage in the market of gems and jewelry is a durable, precious, transparent or nearly colorless gem material made of pure carbon. Diamonds are considered to be one of the most luxurious materials used for making jewelry. They have high inherent value as they are rare in nature. The industrial production process involves 4 stages such as exploration & mining, polishing & cutting, faceting (cutting), and lastly mounting (setting).
Application Insights:
The application segments include Application I and Application II. In 2017, the Application I segment dominated the market with a share of over 60.0% in terms of revenue as well as volume. The segment is likely to retain its dominance throughout the forecast years due to high consumer spending on luxury jewelry and other products for personal use ornaments such as rings, bracelets, earrings etc., which are available in various designs and grades made of precious metal or non-precious metal materials including steel, aluminum etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for luxury jewelry from countries such as China, India, Japan, Australia and others. Furthermore, increasing disposable income coupled with growing consumer awareness regarding gemstones such as diamond is also projected to drive regional growth over the next eight years.
North America accounted for a significant share in terms of revenue in 2017 owing to high demand from U.S., Canada and Mexico on account of rising population along with increasing purchasing power parity (PPP) per capita across these countries which has resulted into increased spending on luxury goods including jewelry items like platinum chains & necklaces etc. In addition Diamonds are considered a girl’s best friend so it will remain an important segment across North America during the forecast period due to high demand from U.S., Canada & Mexico among other regions).
Growth Factors:
- Increasing disposable income of consumers in developing countries is expected to drive the growth of gems and jewelry market.
- Rising demand for luxury goods is also anticipated to fuel the growth of this market over the forecast period.
- Growing trend of gifting jewelry items as a sign of love and appreciation is projected to boost the demand for gems and jewelry products in near future.
- Proliferation of online retail platforms is providing a new sales channel for gem and jewelry retailers, thereby propelling the growth prospects of this market during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gems and Jewelry Market Research Report
By Type
Gold Jewelry, Diamond Jewelry, Platinum Jewelry, Other
By Application
Application I, Application II
By Companies
Chow Tai Fook Jewelry Group, Richemont, Signet Jewellers, Swatch Group, Rajesh Exports, Lao Feng Xiang, Tiffany, Malabar Gold and Diamonds, LVMH Moet Hennessy, Daniel Swarovski Corporation, Chow Sang Sang, Luk Fook, Pandora, Titan, Stuller, Gitanjali Gems, Kingold Jewelry, Mingr, Graff Diamond, Caibai Jewelry, Damas International, Cuihua Gold, TSL Jewelry, CHJ, Chopard, Asian Star Company, TBZ Shrikant Zaveri, Thangamayil, Millennium Star, Christian Bernard Diffusion, Hong Kong Resources Holdings, Damiani, Chow Tai Seng, Richline Group, Jovan, Kering, K.Mikimoto
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Gems and Jewelry Market Report Segments:
The global Gems and Jewelry market is segmented on the basis of:
Types
Gold Jewelry, Diamond Jewelry, Platinum Jewelry, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Application I, Application II
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chow Tai Fook Jewelry Group
- Richemont
- Signet Jewellers
- Swatch Group
- Rajesh Exports
- Lao Feng Xiang
- Tiffany
- Malabar Gold and Diamonds
- LVMH Moet Hennessy
- Daniel Swarovski Corporation
- Chow Sang Sang
- Luk Fook
- Pandora
- Titan
- Stuller
- Gitanjali Gems
- Kingold Jewelry
- Mingr
- Graff Diamond
- Caibai Jewelry
- Damas International
- Cuihua Gold
- TSL Jewelry
- CHJ
- Chopard
- Asian Star Company
- TBZ Shrikant Zaveri
- Thangamayil
- Millennium Star
- Christian Bernard Diffusion
- Hong Kong Resources Holdings
- Damiani
- Chow Tai Seng
- Richline Group
- Jovan
- Kering
- K.Mikimoto
Highlights of The Gems and Jewelry Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gold Jewelry
- Diamond Jewelry
- Platinum Jewelry
- Other
- By Application:
- Application I
- Application II
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gems and Jewelry Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gems and jewelry are pieces of jewelry that are made from a variety of materials, including precious stones.
Some of the key players operating in the gems and jewelry market are Chow Tai Fook Jewelry Group, Richemont, Signet Jewellers, Swatch Group, Rajesh Exports, Lao Feng Xiang, Tiffany, Malabar Gold and Diamonds, LVMH Moet Hennessy, Daniel Swarovski Corporation, Chow Sang Sang, Luk Fook, Pandora, Titan, Stuller, Gitanjali Gems, Kingold Jewelry, Mingr, Graff Diamond, Caibai Jewelry, Damas International, Cuihua Gold, TSL Jewelry, CHJ, Chopard, Asian Star Company, TBZ Shrikant Zaveri, Thangamayil, Millennium Star, Christian Bernard Diffusion, Hong Kong Resources Holdings, Damiani, Chow Tai Seng, Richline Group, Jovan, Kering, K.Mikimoto.
The gems and jewelry market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gems and Jewelry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gems and Jewelry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gems and Jewelry Market - Supply Chain
4.5. Global Gems and Jewelry Market Forecast
4.5.1. Gems and Jewelry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gems and Jewelry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gems and Jewelry Market Absolute $ Opportunity
5. Global Gems and Jewelry Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gems and Jewelry Market Size and Volume Forecast by Type
5.3.1. Gold Jewelry
5.3.2. Diamond Jewelry
5.3.3. Platinum Jewelry
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gems and Jewelry Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gems and Jewelry Market Size and Volume Forecast by Application
6.3.1. Application I
6.3.2. Application II
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gems and Jewelry Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gems and Jewelry Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gems and Jewelry Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gems and Jewelry Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gems and Jewelry Demand Share Forecast, 2019-2026
9. North America Gems and Jewelry Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gems and Jewelry Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gems and Jewelry Market Size and Volume Forecast by Application
9.4.1. Application I
9.4.2. Application II
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gems and Jewelry Market Size and Volume Forecast by Type
9.7.1. Gold Jewelry
9.7.2. Diamond Jewelry
9.7.3. Platinum Jewelry
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gems and Jewelry Demand Share Forecast, 2019-2026
10. Latin America Gems and Jewelry Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gems and Jewelry Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gems and Jewelry Market Size and Volume Forecast by Application
10.4.1. Application I
10.4.2. Application II
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gems and Jewelry Market Size and Volume Forecast by Type
10.7.1. Gold Jewelry
10.7.2. Diamond Jewelry
10.7.3. Platinum Jewelry
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gems and Jewelry Demand Share Forecast, 2019-2026
11. Europe Gems and Jewelry Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gems and Jewelry Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gems and Jewelry Market Size and Volume Forecast by Application
11.4.1. Application I
11.4.2. Application II
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gems and Jewelry Market Size and Volume Forecast by Type
11.7.1. Gold Jewelry
11.7.2. Diamond Jewelry
11.7.3. Platinum Jewelry
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gems and Jewelry Demand Share, 2019-2026
12. Asia Pacific Gems and Jewelry Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gems and Jewelry Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gems and Jewelry Market Size and Volume Forecast by Application
12.4.1. Application I
12.4.2. Application II
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gems and Jewelry Market Size and Volume Forecast by Type
12.7.1. Gold Jewelry
12.7.2. Diamond Jewelry
12.7.3. Platinum Jewelry
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gems and Jewelry Demand Share, 2019-2026
13. Middle East & Africa Gems and Jewelry Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gems and Jewelry Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gems and Jewelry Market Size and Volume Forecast by Application
13.4.1. Application I
13.4.2. Application II
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gems and Jewelry Market Size and Volume Forecast by Type
13.7.1. Gold Jewelry
13.7.2. Diamond Jewelry
13.7.3. Platinum Jewelry
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gems and Jewelry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gems and Jewelry Market: Market Share Analysis
14.2. Gems and Jewelry Distributors and Customers
14.3. Gems and Jewelry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chow Tai Fook Jewelry Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Richemont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Signet Jewellers
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Swatch Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rajesh Exports
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lao Feng Xiang
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tiffany
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Malabar Gold and Diamonds
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LVMH Moet Hennessy
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Daniel Swarovski Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chow Sang Sang
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Luk Fook
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Pandora
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Titan
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Stuller
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Gitanjali Gems
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Kingold Jewelry
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mingr
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Graff Diamond
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Caibai Jewelry
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
