Market Overview:
The global garnet earrings market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for garnet earrings in the jewelry industry, owing to its properties such as durability and lustrous appearance. In addition, rising disposable income of consumers is also propelling the demand for luxury products such as garnet earrings. Furthermore, growing awareness about different types of gemstones is also fueling the growth of this market. On the basis of type, the global garnet earrings market has been segmented into: Garnet and Diamond Earrings; Garnet and Gold Earrings; Garnet and Silver Earrings; Others. Among these segments, Garnet and Diamond Earring segment is anticipated to witness highest CAGR over 2018-2030 due to its properties such as durability and lustrous appearance which are highly demanded by consumers across regions. Based on application, global garnet earring market has been classified into: Decoration; Collection; Others (Gift giving etc.). Among these applications segments, Decoration segment accounted for majority share in 2017 due to rising trend among people across all age groups for wearing decorative jewellery items. Moreover, Collection segment is projected grow at highest CAGR over forecast period owing increasing popularity among collectors for owning unique pieces of jewellery items made up from rare gemstones like garnets .
Product Definition:
Diamond earrings are a classic jewelry item that never goes out of style. They come in many different shapes and sizes, but the most popular type is the diamond stud earrings. These simple yet elegant earrings feature a single diamond set in a precious metal base. Diamond studs are perfect for any occasion, from formal events to everyday wear.
Garnet and Diamond Earrings:
Garnet is a gemstone, which contains deep red color and is found in volcanic rocks. It has a hardness of 9 on Moh’s scale next to diamond. The garnet earrings are available in both natural and synthetic forms. Natural Garnet Earrings have higher demand than the synthetic ones as they are mined naturally whereas the latter is manufactured artificially by heating fusion-grade glassblowers at temperatures above 1,000 degrees Celsius for creating artificial garnets or rubies.
Garnet and Gold Earrings:
Garnet is a gemstone that has been used for thousands of years as an adornment for jewelry. The red color of garnet makes it suitable to be used in settings including rubies and sapphire. It is also known as the Ruby Gem or Fire Opal Gem depending upon its source and cut. The Garnet Earrings market includes products such as studs, drops, pendants, etc.
Application Insights:
The decoration application segment led the global garnet earrings market in 2017. The rising preference for decorative jewelry among women and men is expected to be a key factor driving the segment growth over the forecast period. Increasing purchasing power of middle-income groups in developing countries such as China, India, Brazil and Mexico is anticipated to further fuel demand for garnet earrings with decoration purpose.
The collection application segment accounted for more than 30% share of the total revenue in 2017 owing to increasing number of collectors across the globe who are focused on antique collecting furniture etc., mostly made up of wood including rosewood, ebony etc., which includes Garnet Jewelry Boxes or Covers as they are popularly known. These boxes or covers are available with different shapes and sizes; some expensive ones have a locking mechanism that ensures safe storage until needed again.
Regional Analysis:
North America dominated the market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing consumer preference for luxury accessories and rising disposable income especially in developed economies such as U.S., Canada, and Mexico.
Asia Pacific is anticipated to be one of the fastest-growing regional markets at a CAGR 6% from 2018 to 2030 owing to rapid development witnessed by emerging countries such as India China Japan among others which are also popularly known as ASEAN nations).
Growth Factors:
- Increasing demand from the emerging economies
- Rising disposable income of the consumers
- Growing popularity of garnet earrings among the young generation
- Proliferation of online retailing platforms
- Expansion of distribution channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Garnet Earrings Market Research Report
By Type
Garnet and Diamond Earrings, Garnet and Gold Earrings, Garnet and Silver Earrings, Others
By Application
Decoration, Collection, Others
By Companies
Boucheron（Kering）, Cartier, TiffanyandCo, Bvlgari, VanCleefandArpels, Harry Winston, DERIER, Damiani, MIKIMOTO, PIAGET, Boucheron（Kering）
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Garnet Earrings Market Report Segments:
The global Garnet Earrings market is segmented on the basis of:
Types
Garnet and Diamond Earrings, Garnet and Gold Earrings, Garnet and Silver Earrings, Others
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
Decoration, Collection, Others
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:
- Boucheron（Kering）
- Cartier
- TiffanyandCo
- Bvlgari
- VanCleefandArpels
- Harry Winston
- DERIER
- Damiani
- MIKIMOTO
- PIAGET
- Boucheron（Kering）
Highlights of The Garnet Earrings 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:
- Garnet and Diamond Earrings
- Garnet and Gold Earrings
- Garnet and Silver Earrings
- Others
- By Application:
- Decoration
- Collection
- Others
- 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 Garnet Earrings 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
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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?
Garnet earrings are a type of jewelry that are made from the mineral garnet. Garnets come in all different colors, and they can be cut into any shape or size. They are often used as earrings because of their unique design and color.
Some of the key players operating in the garnet earrings market are Boucheron（Kering）, Cartier, TiffanyandCo, Bvlgari, VanCleefandArpels, Harry Winston, DERIER, Damiani, MIKIMOTO, PIAGET, Boucheron（Kering）.
The garnet earrings market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Garnet Earrings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Garnet Earrings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Garnet Earrings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Garnet Earrings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Garnet Earrings Market Size & Forecast, 2018-2028
4.5.1 Garnet Earrings Market Size and Y-o-Y Growth
4.5.2 Garnet Earrings Market Absolute $ Opportunity
Chapter 5 Global Garnet Earrings Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Garnet Earrings Market Size Forecast by Type
5.2.1 Garnet and Diamond Earrings
5.2.2 Garnet and Gold Earrings
5.2.3 Garnet and Silver Earrings
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Garnet Earrings Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Garnet Earrings Market Size Forecast by Applications
6.2.1 Decoration
6.2.2 Collection
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Garnet Earrings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Garnet Earrings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Garnet Earrings Analysis and Forecast
9.1 Introduction
9.2 North America Garnet Earrings Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Garnet Earrings Market Size Forecast by Type
9.6.1 Garnet and Diamond Earrings
9.6.2 Garnet and Gold Earrings
9.6.3 Garnet and Silver Earrings
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Garnet Earrings Market Size Forecast by Applications
9.10.1 Decoration
9.10.2 Collection
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Garnet Earrings Analysis and Forecast
10.1 Introduction
10.2 Europe Garnet Earrings Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Garnet Earrings Market Size Forecast by Type
10.6.1 Garnet and Diamond Earrings
10.6.2 Garnet and Gold Earrings
10.6.3 Garnet and Silver Earrings
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Garnet Earrings Market Size Forecast by Applications
10.10.1 Decoration
10.10.2 Collection
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Garnet Earrings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Garnet Earrings Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Garnet Earrings Market Size Forecast by Type
11.6.1 Garnet and Diamond Earrings
11.6.2 Garnet and Gold Earrings
11.6.3 Garnet and Silver Earrings
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Garnet Earrings Market Size Forecast by Applications
11.10.1 Decoration
11.10.2 Collection
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Garnet Earrings Analysis and Forecast
12.1 Introduction
12.2 Latin America Garnet Earrings Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Garnet Earrings Market Size Forecast by Type
12.6.1 Garnet and Diamond Earrings
12.6.2 Garnet and Gold Earrings
12.6.3 Garnet and Silver Earrings
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Garnet Earrings Market Size Forecast by Applications
12.10.1 Decoration
12.10.2 Collection
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Garnet Earrings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Garnet Earrings Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Garnet Earrings Market Size Forecast by Type
13.6.1 Garnet and Diamond Earrings
13.6.2 Garnet and Gold Earrings
13.6.3 Garnet and Silver Earrings
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Garnet Earrings Market Size Forecast by Applications
13.10.1 Decoration
13.10.2 Collection
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Garnet Earrings Market: Competitive Dashboard
14.2 Global Garnet Earrings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boucheron（Kering）
14.3.2 Cartier
14.3.3 TiffanyandCo
14.3.4 Bvlgari
14.3.5 VanCleefandArpels
14.3.6 Harry Winston
14.3.7 DERIER
14.3.8 Damiani
14.3.9 MIKIMOTO
14.3.10 PIAGET
14.3.11 Boucheron（Kering）
