Market Overview:
The global ruby 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 luxury jewelry, rising disposable income of consumers, and growing popularity of online retailing. Furthermore, the increasing trend of gifting jewelry as a token of love and appreciation is also propelling the growth of this market. On the basis of type, the global ruby earrings market has been segmented into ruby and diamond earrings, ruby and gold earrings, ruby and silver earrings, and others. The others segment includes pearl earrings studded with rubies etc. Among these segments, Ruby and Diamond Earrings are expected to account for a major share in terms of revenue in 2018 owing to their high price point as compared to other types available in this category. On the basis on application; decoration accounted for majority share in terms from 2017-2018 followed by collection & investment purposes respectively . However , it is anticipated that collection & investment purposes will witness highest CAGR over next few years due o its growing popularity among millennials across globe . Regionally , North America held dominant position in 2017 with more than one third share revenue generated globally followed by Europe .
Product Definition:
Ruby earrings are a type of jewelry that features a pair of rubies as the main attraction. They are often worn by women to enhance their appearance, and they can be quite valuable depending on the quality of the rubies involved.
Ruby and Diamond Earrings:
The global ruby and diamond earrings market size was valued at USD 2.5 billion in 2015. The increasing demand for the ruby and diamond earrings is attributed to the rising disposable income of consumers, especially in emerging economies such as China, India, Brazil, Vietnam and Thailand among others.
Ruby and Gold Earrings:
The ruby and gold earrings market is expected to witness significant growth over the forecast period. The main factor that propels the growth of this market includes increasing disposable income coupled with changing fashion trends. Ruby and gold earrings are popular among all age groups women, they are preferred during festive times as well as regular time, therefore it's a must in every collection. Moreover, these types of jewelry have been passed from one generation to another within families and friends which boosts its demand further.
Application Insights:
The decoration application segment led the market in 2017 and is projected to expand further at a steady CAGR from 2018 to 2030. The rising popularity of ruby earrings as an accessories for formal occasions such as weddings, parties, galas and other events is expected to drive the demand over the forecast period.
The collection application segment held around 24% share of the overall revenue in 2017. This can be attributed to increasing consumer preference for luxury products along with growing interest towards gemstones that are rare and unique in appearance. Ruby earrings have been known since ancient times as a symbol of love, passion, commitment and friendship which has resulted in high demand among collectors across the world.
Other applications include engagement/wedding rings (for women) or anniversary (for men). In some cultures it is customary for couples who get engaged wear ruby jewelry on their wedding day which also contributes towards significant growth on occasion basis.
Regional Analysis:
North America dominated the global ruby earrings market in 2017. The U.S., being a prominent consumer of jewelry, is expected to remain a favorable market for the industry over the forecast period. Europe accounted for more than 25% share of total revenue in 2017 and is expected to grow at an exponential CAGR from 2018 to 2030 due to growing demand for luxury accessories among high-class women consumers and rising disposable income of consumers coupled with changing fashion trends influenced by celebrities around the world.
Growth Factors:
- Increasing demand from women for contemporary jewelry designs
- Rising disposable income of women in developing countries
- Proliferation of online retail platforms that offer ruby earrings at competitive prices
- Growing popularity of gemstone jewelry among young consumers
- Increasing awareness about the health benefits associated with wearing ruby earrings
Scope Of The Report
Report Attributes
Report Details
Report Title
Ruby Earrings Market Research Report
By Type
Ruby and Diamond Earrings, Ruby and Gold Earrings, Ruby 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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Ruby Earrings Market Report Segments:
The global Ruby Earrings market is segmented on the basis of:
Types
Ruby and Diamond Earrings, Ruby and Gold Earrings, Ruby 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 Ruby 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:
- Ruby and Diamond Earrings
- Ruby and Gold Earrings
- Ruby 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 Ruby 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.
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- 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?
Ruby earrings are a type of jewelry that is made from rubies.
Some of the major companies in the ruby earrings market are Boucheron（Kering）, Cartier, TiffanyandCo, Bvlgari, VanCleefandArpels, Harry Winston, DERIER, Damiani, MIKIMOTO, PIAGET, Boucheron（Kering）.
The ruby earrings 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 Ruby 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 Ruby Earrings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ruby 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 Ruby 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 Ruby Earrings Market Size & Forecast, 2018-2028
4.5.1 Ruby Earrings Market Size and Y-o-Y Growth
4.5.2 Ruby Earrings Market Absolute $ Opportunity
Chapter 5 Global Ruby 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 Ruby Earrings Market Size Forecast by Type
5.2.1 Ruby and Diamond Earrings
5.2.2 Ruby and Gold Earrings
5.2.3 Ruby and Silver Earrings
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ruby 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 Ruby 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 Ruby 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 Ruby 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 Ruby Earrings Analysis and Forecast
9.1 Introduction
9.2 North America Ruby 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 Ruby Earrings Market Size Forecast by Type
9.6.1 Ruby and Diamond Earrings
9.6.2 Ruby and Gold Earrings
9.6.3 Ruby 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 Ruby 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 Ruby Earrings Analysis and Forecast
10.1 Introduction
10.2 Europe Ruby 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 Ruby Earrings Market Size Forecast by Type
10.6.1 Ruby and Diamond Earrings
10.6.2 Ruby and Gold Earrings
10.6.3 Ruby 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 Ruby 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 Ruby Earrings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ruby 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 Ruby Earrings Market Size Forecast by Type
11.6.1 Ruby and Diamond Earrings
11.6.2 Ruby and Gold Earrings
11.6.3 Ruby 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 Ruby 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 Ruby Earrings Analysis and Forecast
12.1 Introduction
12.2 Latin America Ruby 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 Ruby Earrings Market Size Forecast by Type
12.6.1 Ruby and Diamond Earrings
12.6.2 Ruby and Gold Earrings
12.6.3 Ruby 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 Ruby 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) Ruby Earrings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ruby 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) Ruby Earrings Market Size Forecast by Type
13.6.1 Ruby and Diamond Earrings
13.6.2 Ruby and Gold Earrings
13.6.3 Ruby 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) Ruby 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 Ruby Earrings Market: Competitive Dashboard
14.2 Global Ruby 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）
