Market Overview:
The global ruby necklace 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, especially in developed countries. Additionally, rising income levels and growing consumer awareness are also contributing to the growth of the global ruby necklace market. On the basis of type, the global ruby necklace market is segmented into: Ruby and Diamond Necklace, Ruby and Gold Necklace, Ruby and Silver Necklace, Others. On the basis of application: Decoration, Collection purposes (including heirloom pieces), others (gifts etc.).
Product Definition:
A ruby necklace is a necklace made of rubies. It is an important piece of jewelry because it is very flashy and eye-catching.
Ruby and Diamond Necklace:
The global ruby and diamond necklace market size was valued at USD 2.5 billion in 2015. The growth of the industry is attributed to rising demand for luxury jewelry, especially among young consumers who are more likely to buy expensive pendants or necklaces as a symbol of their status. Ruby and diamond necklaces have been gaining popularity over the last few years owing to their ability to enhance any outfit, regardless of gender or age group.
Ruby and Gold Necklace:
The ruby and gold necklace is a traditional gift for occasions like weddings, anniversaries, promotions at workplaces or colleges. The pendant in this neckpiece usually has a diameter of about 1 to 1.5 inches and is made up of metal like gold or silver mounted on an elastic cord. These products are available in various designs and shapes such as round, oval, heart-shaped among others.
Application Insights:
The decoration application segment led the market in 2017 and is projected to witness significant growth over the forecast period. The rising popularity of decorative necklaces among women has been driving this segment. Moreover, increasing demand for customized jewelry with specific designs is expected to boost product demand in this category.
The collection application segment held a substantial share of the global ruby necklace market and is estimated to expand at a steady CAGR from 2018 to 2030 owing to its functional as well as cosmetic benefits. These are widely preferred by working professionals because of their ability To prevent hair loss And keep hair healthy By strengthening Hair Growth Cycle, Promoting Blood Circulation To The Head And Skin, Increasing Hair Density At The Root Level And Stemming Downfall Of DHT (Dihydrotestosterone). This has widened the scope for Collection Necklace For Men As Well As Women In Recent Times.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being a prominent consumer of jewelry, has a large number of jewelry stores that offer ruby necklaces for sale. Moreover, the presence of luxury brands such as Bulgari and Van Cleef & Arpels in this region have made ruby necklaces more accessible to buyers across North America.
Asia Pacific is expected to be one of the fastest-growing markets over the forecast period owing to rising disposable income among middle-class population groups and rapid development in economies including China and India. Furthermore, increasing investments by international players such as Swarovski are anticipated to fuel growth over next eight years (2018 To 2030). For instance, Swarovski opened its first retail store outside Europe at Singapore’s Orchard Road shopping center in 2016 which is its first store outside Asia Pacific region also it was its second store within Asia after Hong Kong which had opened earlier that year (Swarovski website).
Growth Factors:
- Increasing demand from the fashion industry for unique and customized jewelry designs.
- Rising disposable income of consumers, especially in developing countries, which is driving demand for luxury goods including ruby necklaces.
- Growing popularity of gemstone jewelry as a symbol of wealth and status among affluent consumers globally.
- Proliferation of online retail platforms that are offering a wide range of ruby necklaces at competitive prices, thereby boosting sales growth prospects for the market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ruby Necklace Market Research Report
By Type
Ruby and Diamond Necklace, Ruby and Gold Necklace, Ruby and Silver Necklace, 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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Ruby Necklace Market Report Segments:
The global Ruby Necklace market is segmented on the basis of:
Types
Ruby and Diamond Necklace, Ruby and Gold Necklace, Ruby and Silver Necklace, 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 Necklace 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 Necklace
- Ruby and Gold Necklace
- Ruby and Silver Necklace
- 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 Necklace 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?
A Ruby Necklace is a piece of jewelry made from rubies.
Some of the major companies in the ruby necklace market are Boucheron（Kering）, Cartier, TiffanyandCo, Bvlgari, VanCleefandArpels, Harry Winston, DERIER, Damiani, MIKIMOTO, PIAGET, Boucheron（Kering）.
The ruby necklace 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 Necklace 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 Necklace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ruby Necklace 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 Necklace 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 Necklace Market Size & Forecast, 2018-2028
4.5.1 Ruby Necklace Market Size and Y-o-Y Growth
4.5.2 Ruby Necklace Market Absolute $ Opportunity
Chapter 5 Global Ruby Necklace 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 Necklace Market Size Forecast by Type
5.2.1 Ruby and Diamond Necklace
5.2.2 Ruby and Gold Necklace
5.2.3 Ruby and Silver Necklace
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ruby Necklace 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 Necklace 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 Necklace 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 Necklace 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 Necklace Analysis and Forecast
9.1 Introduction
9.2 North America Ruby Necklace 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 Necklace Market Size Forecast by Type
9.6.1 Ruby and Diamond Necklace
9.6.2 Ruby and Gold Necklace
9.6.3 Ruby and Silver Necklace
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 Necklace 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 Necklace Analysis and Forecast
10.1 Introduction
10.2 Europe Ruby Necklace 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 Necklace Market Size Forecast by Type
10.6.1 Ruby and Diamond Necklace
10.6.2 Ruby and Gold Necklace
10.6.3 Ruby and Silver Necklace
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 Necklace 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 Necklace Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ruby Necklace 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 Necklace Market Size Forecast by Type
11.6.1 Ruby and Diamond Necklace
11.6.2 Ruby and Gold Necklace
11.6.3 Ruby and Silver Necklace
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 Necklace 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 Necklace Analysis and Forecast
12.1 Introduction
12.2 Latin America Ruby Necklace 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 Necklace Market Size Forecast by Type
12.6.1 Ruby and Diamond Necklace
12.6.2 Ruby and Gold Necklace
12.6.3 Ruby and Silver Necklace
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 Necklace 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 Necklace Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ruby Necklace 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 Necklace Market Size Forecast by Type
13.6.1 Ruby and Diamond Necklace
13.6.2 Ruby and Gold Necklace
13.6.3 Ruby and Silver Necklace
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 Necklace 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 Necklace Market: Competitive Dashboard
14.2 Global Ruby Necklace 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）
