Market Overview:
The global diamond jewelry market is expected to reach a value of USD 83.8 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, rings are expected to account for the majority share in terms of revenue in 2018 and are projected to register a CAGR of 5.7% over the forecast period. This can be attributed to their growing popularity among women for special occasions such as weddings and anniversaries.
Product Definition:
Diamond jewelry is a type of jewelry that is made out of diamonds. Diamonds are often used in rings, necklaces, earrings, and bracelets. Diamonds are considered to be very valuable and important gemstones.
Rings:
Rings are decorative jewelry items that are made up of metal. The most common metals used to make rings include gold, silver and platinum. Rings have various functions such as holding a stone or gem, serving as an symbol for engagement or betrothal, being a fashion statement etc.
Necklaces:
Necklaces are jewelry items that are worn around the neck. They can be made of different materials like silver, gold chains or ropes and beads. The most common types of necklaces in the market these days are pendants, chokers, collars and cuffslinks.
Application Insights:
The wedding application segment accounted for the largest revenue share of over 50% in 2017. The demand for rings, bracelets and necklaces has been rising steadily among young people especially in countries like India and China. Moreover, increasing number of millennials getting married has also positively influenced the industry growth. According to a study conducted by Luma Predictive Market Insights, an average millennial spends around USD 250 on his/her wedding which includes jewelry as a gift from parents to spouse. Increasing spending power of millennials is expected to fuel the demand further over the forecast period.
Festival application is projected register notable gains at a CAGR of XX% from 2018 to 2030 owing to its growing popularity among millennials as well as Generation Z consumers globally who prefer unique fashion accessories during festivals including Diwali, Holi etc.
Regional Analysis:
Asia Pacific dominated the global diamond jewelry market in 2017 and is expected to continue its dominance over the forecast period. This growth can be attributed to increasing disposable income, rising population of working millennials, and growing demand for luxury accessories. China is a major contributor to regional market growth owing to availability of raw materials as well as skilled labor at low cost.
Europe accounted for more than 25% share in 2017 due to presence of a large number of jewelry manufacturing companies along with high purchasing power among consumers. Europe has been experiencing strong demand from wedding segment on account of increased spending on weddings across countries like Germany, U.K., France, Italy etc.
North America region is anticipated witness significant growth over next eight years owing to rise in consumer awareness regarding quality products along with changing lifestyles & fashion trends influenced by celebrities & social media platforms such as Facebook Instagram.
Growth Factors:
- Increasing disposable income of consumers: The growth in the diamond jewelry market is mainly attributed to the increasing disposable income of consumers, especially in developing countries. Rising consumer demand for luxury goods has propelled the growth of the diamond jewelry market across the globe.
- Growth in e-commerce: The growth of online retailing is providing a major impetus to the diamond jewelry market. Online platforms are offering a wide range of choices to consumers, which is helping them purchase diamond jewelry at competitive prices. This is encouraging more people to buy diamond jewelry online, thereby propelling the growth of this market segment.
- Proliferation of social media: Social media platforms are playing a significant role in promoting diamonds and driving their sales globally. They are acting as powerful marketing tools for jewelers and retailers by helping them reach out to a large number of potential customers worldwide with minimal cost involved. This is aiding in boosting demand for diamonds and consequently propelling their sales significantly
Scope Of The Report
Report Attributes
Report Details
Report Title
Diamond Jewelry Market Research Report
By Type
Rings, Necklaces, Earrings, Other
By Application
Wedding, Festival, Fashion, Other
By Companies
Chow Tai Fook, Richemont, Signet Jewellers, Swatch Group, Rajesh Exports, Lao Feng Xiang, Tiffany, Malabar Gold and Diamonds, LVMH Moet Hennessy, Zocai, Swarovski Corporation, Chow Sang Sang, Luk Fook, Pandora, Damiani, Stuller, Gitanjali Group, GUCCI, Graff Diamond, Damas International, Buccellati, De Beers, Blue Nile, CHANEL
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Diamond Jewelry Market Report Segments:
The global Diamond Jewelry market is segmented on the basis of:
Types
Rings, Necklaces, Earrings, 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
Wedding, Festival, Fashion, Other
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
- Richemont
- Signet Jewellers
- Swatch Group
- Rajesh Exports
- Lao Feng Xiang
- Tiffany
- Malabar Gold and Diamonds
- LVMH Moet Hennessy
- Zocai
- Swarovski Corporation
- Chow Sang Sang
- Luk Fook
- Pandora
- Damiani
- Stuller
- Gitanjali Group
- GUCCI
- Graff Diamond
- Damas International
- Buccellati
- De Beers
- Blue Nile
- CHANEL
Highlights of The Diamond 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:
- Rings
- Necklaces
- Earrings
- Other
- By Application:
- Wedding
- Festival
- Fashion
- Other
- 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 Diamond 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Diamond jewelry is a type of jewelry made from diamonds. Diamonds are the most common type of gemstone used in diamond jewelry, but other types of gems, such as rubies and sapphires, can also be used.
Some of the major players in the diamond jewelry market are Chow Tai Fook, Richemont, Signet Jewellers, Swatch Group, Rajesh Exports, Lao Feng Xiang, Tiffany, Malabar Gold and Diamonds, LVMH Moet Hennessy, Zocai, Swarovski Corporation, Chow Sang Sang, Luk Fook, Pandora, Damiani, Stuller, Gitanjali Group, GUCCI, Graff Diamond, Damas International, Buccellati, De Beers, Blue Nile, CHANEL.
The diamond jewelry market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diamond 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. Diamond Jewelry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diamond Jewelry Market - Supply Chain
4.5. Global Diamond Jewelry Market Forecast
4.5.1. Diamond Jewelry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diamond Jewelry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diamond Jewelry Market Absolute $ Opportunity
5. Global Diamond 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. Diamond Jewelry Market Size and Volume Forecast by Type
5.3.1. Rings
5.3.2. Necklaces
5.3.3. Earrings
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diamond 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. Diamond Jewelry Market Size and Volume Forecast by Application
6.3.1. Wedding
6.3.2. Festival
6.3.3. Fashion
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diamond 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. Diamond 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 Diamond 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. Diamond 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 Diamond Jewelry Demand Share Forecast, 2019-2026
9. North America Diamond 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 Diamond 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 Diamond Jewelry Market Size and Volume Forecast by Application
9.4.1. Wedding
9.4.2. Festival
9.4.3. Fashion
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diamond Jewelry Market Size and Volume Forecast by Type
9.7.1. Rings
9.7.2. Necklaces
9.7.3. Earrings
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 Diamond Jewelry Demand Share Forecast, 2019-2026
10. Latin America Diamond 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 Diamond 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 Diamond Jewelry Market Size and Volume Forecast by Application
10.4.1. Wedding
10.4.2. Festival
10.4.3. Fashion
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diamond Jewelry Market Size and Volume Forecast by Type
10.7.1. Rings
10.7.2. Necklaces
10.7.3. Earrings
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 Diamond Jewelry Demand Share Forecast, 2019-2026
11. Europe Diamond 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 Diamond 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 Diamond Jewelry Market Size and Volume Forecast by Application
11.4.1. Wedding
11.4.2. Festival
11.4.3. Fashion
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diamond Jewelry Market Size and Volume Forecast by Type
11.7.1. Rings
11.7.2. Necklaces
11.7.3. Earrings
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/rowth 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 Diamond Jewelry Demand Share, 2019-2026
12. Asia Pacific Diamond 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 Diamond 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 Diamond Jewelry Market Size and Volume Forecast by Application
12.4.1. Wedding
12.4.2. Festival
12.4.3. Fashion
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diamond Jewelry Market Size and Volume Forecast by Type
12.7.1. Rings
12.7.2. Necklaces
12.7.3. Earrings
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 Diamond Jewelry Demand Share, 2019-2026
13. Middle East & Africa Diamond 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 Diamond 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 Diamond Jewelry Market Size and Volume Forecast by Application
13.4.1. Wedding
13.4.2. Festival
13.4.3. Fashion
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diamond Jewelry Market Size and Volume Forecast by Type
13.7.1. Rings
13.7.2. Necklaces
13.7.3. Earrings
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 Diamond Jewelry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diamond Jewelry Market: Market Share Analysis
14.2. Diamond Jewelry Distributors and Customers
14.3. Diamond Jewelry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chow Tai Fook
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. Zocai
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Swarovski Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Chow Sang Sang
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Luk Fook
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Pandora
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Damiani
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Stuller
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Gitanjali Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. GUCCI
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. Damas International
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
