Market Overview:
The global luxury diamond jewelry market is expected to grow at a CAGR of 5.8% during the forecast period 2018-2030. The market was valued at USD 9,584 million in 2017 and is projected to reach USD 16,362 million by 2030. The growth of the global luxury diamond jewelry market can be attributed to various factors such as increase in disposable income, growth in online retailing and rising demand for branded diamond jewelry. Based on type, the global luxury diamond jewelry market has been segmented into below 5000 usd, 5000-10000 usd, 10000-15000 usd and above 15000 usd segments. The above 15000 usd segment accounted for the largest share of the global luxury diamond jewelry market in 2017 and is projected to grow at a CAGR of 6% during the forecast period 2018-2030. This can be attributed to increase in demand for high end diamonds jewellery among consumers across regions. Based on application, the global luxury diamond jewelry market has been segmented into online store, flagship store and shopping mall segments.
Product Definition:
Luxury diamond jewelry is high-end jewelry that is made with diamonds and other precious gemstones. It is typically very expensive and often considered to be a status symbol. Luxury diamond jewelry can be worn for special occasions or everyday wear.
1999-5000 usd:
The current market price for a 1ct diamond is about USD 200-300 per carat which includes the cost of setting, metal, and labor. The total value of the jewelry product is decided after adding on the retail value of all its constituent parts. In other words, if a ring has a gem worth USD 100 and it comes with an appraisal certificate then the entire piece would be priced at USD 200-300 (the cost of one carat).
5000-10000 usd:
The price range we are referring to is for the wholesale diamond jewelry market. The price range varies between 5000-10000 usd depending on the type of product i.e. engagement, wedding or anniversary ring, pendant, earrings or necklaces and other products like watches & cufflinks etc., which include colored diamonds as well.
Application Insights:
The online store application segment accounted for the largest revenue share of over 45% in 2017. The growth can be attributed to the increasing preference for luxury jewelry among high-income groups. According to a study conducted by the World Diamond Council, 51% of diamonds sold in 2016 were purchased by consumers from online retailers as compared to 29% from jewelers at shows and events. Online stores are also preferred due to their availability across different channels such as mobile, social media and e-mail which enables customers access 24*7*365 days a year.
Shopping malls are expected witness significant growth with an estimated CAGR of XX%, in terms of revenue, during the forecast period owing to its ability provide flexibility and convenience along with world class customer service experience that is associated with it.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This growth can be attributed to rising disposable income, coupled with a rise in consumer awareness regarding luxury jewelry. Furthermore, increasing demand for engagement rings from emerging economies such as India and China is anticipated to drive regional growth over the forecast period.
North America accounted for a significant share of global revenue in 2017 owing to high demand from U.S., which has one of the largest diamond markets globally due to presence of numerous mining companies that produce mined diamonds worldwide including De Beers company that dominates mined diamond industry worldwide along with conflict Diamonds-certified rough stones used by manufacturers across North America thus making it an attractive market for luxury jewelry brands across globe.
Growth Factors:
- Increasing disposable income of consumers: The growth in the luxury diamond jewelry market is mainly attributed to the increase in disposable income of consumers, especially in developing countries. This has led to an increase in demand for high-end diamond jewelry products.
- Rising popularity of diamonds as a status symbol: Diamonds are considered as a status symbol and are highly sought after by consumers all over the world. This has helped fuel the growth of the luxury diamond jewelry market.
- Growing trend of gifting diamonds: Another key factor driving growth in the luxury diamond jewelry market is the growing trend of gifting diamonds, especially among couples getting married or celebrating special occasions such as anniversaries and birthdays.
- Proliferation of online retail channels: The proliferation of online retail channels has made it easier for consumers to purchase high-end diamond jewelry products from anywhere around the world at competitive prices.. This is helping boost sales growth in thi smarket segment . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Diamond Jewelry Market Research Report
By Type
1999-5000 usd, 5000-10000 usd, 10000-15000 usd, Above 15000 usd
By Application
Online Store, Flagship Store, Shopping Mall
By Companies
Boucheron, Harry Winston, Van Cleef Arpels, Chaumet, Cartier, Tiffany, Bvlgari, Mikimoto, Derier, Damiani, Boucheron, Graff, Messika, Piaget, Ascot Diamonds
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Luxury Diamond Jewelry Market Report Segments:
The global Luxury Diamond Jewelry market is segmented on the basis of:
Types
1999-5000 usd, 5000-10000 usd, 10000-15000 usd, Above 15000 usd
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
Online Store, Flagship Store, Shopping Mall
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
- Harry Winston
- Van Cleef Arpels
- Chaumet
- Cartier
- Tiffany
- Bvlgari
- Mikimoto
- Derier
- Damiani
- Boucheron
- Graff
- Messika
- Piaget
- Ascot Diamonds
Highlights of The Luxury 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:
- 1999-5000 usd
- 5000-10000 usd
- 10000-15000 usd
- Above 15000 usd
- By Application:
- Online Store
- Flagship Store
- Shopping Mall
- 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 Luxury 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
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- Consumer Insights
- Understanding Competition Scenario
- 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?
Luxury diamond jewelry is a type of jewelry that is typically more expensive than other types of jewelry. Luxury diamond jewelry can include items such as rings, necklaces, and earrings.
Some of the key players operating in the luxury diamond jewelry market are Boucheron, Harry Winston, Van Cleef Arpels, Chaumet, Cartier, Tiffany, Bvlgari, Mikimoto, Derier, Damiani, Boucheron, Graff, Messika, Piaget, Ascot Diamonds.
The luxury diamond jewelry market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Luxury Diamond Jewelry 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 Luxury Diamond Jewelry Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Luxury Diamond Jewelry 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 Luxury Diamond Jewelry 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 Luxury Diamond Jewelry Market Size & Forecast, 2018-2028 4.5.1 Luxury Diamond Jewelry Market Size and Y-o-Y Growth 4.5.2 Luxury Diamond Jewelry Market Absolute $ Opportunity
Chapter 5 Global Luxury Diamond Jewelry 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 Luxury Diamond Jewelry Market Size Forecast by Type
5.2.1 1999-5000 usd
5.2.2 5000-10000 usd
5.2.3 10000-15000 usd
5.2.4 Above 15000 usd
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Luxury Diamond Jewelry 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 Luxury Diamond Jewelry Market Size Forecast by Applications
6.2.1 Online Store
6.2.2 Flagship Store
6.2.3 Shopping Mall
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Luxury Diamond Jewelry 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 Luxury Diamond Jewelry 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 Luxury Diamond Jewelry Analysis and Forecast
9.1 Introduction
9.2 North America Luxury Diamond Jewelry 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 Luxury Diamond Jewelry Market Size Forecast by Type
9.6.1 1999-5000 usd
9.6.2 5000-10000 usd
9.6.3 10000-15000 usd
9.6.4 Above 15000 usd
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 Luxury Diamond Jewelry Market Size Forecast by Applications
9.10.1 Online Store
9.10.2 Flagship Store
9.10.3 Shopping Mall
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 Luxury Diamond Jewelry Analysis and Forecast
10.1 Introduction
10.2 Europe Luxury Diamond Jewelry 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 Luxury Diamond Jewelry Market Size Forecast by Type
10.6.1 1999-5000 usd
10.6.2 5000-10000 usd
10.6.3 10000-15000 usd
10.6.4 Above 15000 usd
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 Luxury Diamond Jewelry Market Size Forecast by Applications
10.10.1 Online Store
10.10.2 Flagship Store
10.10.3 Shopping Mall
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 Luxury Diamond Jewelry Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Luxury Diamond Jewelry 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 Luxury Diamond Jewelry Market Size Forecast by Type
11.6.1 1999-5000 usd
11.6.2 5000-10000 usd
11.6.3 10000-15000 usd
11.6.4 Above 15000 usd
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 Luxury Diamond Jewelry Market Size Forecast by Applications
11.10.1 Online Store
11.10.2 Flagship Store
11.10.3 Shopping Mall
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 Luxury Diamond Jewelry Analysis and Forecast
12.1 Introduction
12.2 Latin America Luxury Diamond Jewelry 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 Luxury Diamond Jewelry Market Size Forecast by Type
12.6.1 1999-5000 usd
12.6.2 5000-10000 usd
12.6.3 10000-15000 usd
12.6.4 Above 15000 usd
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 Luxury Diamond Jewelry Market Size Forecast by Applications
12.10.1 Online Store
12.10.2 Flagship Store
12.10.3 Shopping Mall
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) Luxury Diamond Jewelry Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Luxury Diamond Jewelry 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) Luxury Diamond Jewelry Market Size Forecast by Type
13.6.1 1999-5000 usd
13.6.2 5000-10000 usd
13.6.3 10000-15000 usd
13.6.4 Above 15000 usd
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) Luxury Diamond Jewelry Market Size Forecast by Applications
13.10.1 Online Store
13.10.2 Flagship Store
13.10.3 Shopping Mall
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 Luxury Diamond Jewelry Market: Competitive Dashboard
14.2 Global Luxury Diamond Jewelry Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boucheron
14.3.2 Harry Winston
14.3.3 Van Cleef Arpels
14.3.4 Chaumet
14.3.5 Cartier
14.3.6 Tiffany
14.3.7 Bvlgari
14.3.8 Mikimoto
14.3.9 Derier
14.3.10 Damiani
14.3.11 Boucheron
14.3.12 Graff
14.3.13 Messika
14.3.14 Piaget
14.3.15 Ascot Diamonds