The global gold rings market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for gold rings in developing countries such as India and China, which are witnessing an increase in disposable income and rising demand for luxury goods. In addition, the increasing number of weddings in these countries has led to an increase in demand for gold rings as wedding gifts.
The 18k Gold Rings segment accounted for the largest share of the global gold ring market in 2017, followed by 14K Gold Rings and 24K Gold Rings segments respectively. The 18k Gold Rings segment is expected to continue its dominance throughout the forecast period due to its high purity level (99% pure) that makes it more durable than other types of gold rings such as 14K or 24K Gold Rings that have lower purity levels (75% pure).
Some Of The Growth Factors Of This Market:
- Gold is a precious metal that has been used as a form of currency for centuries.
- The price of gold is volatile, which makes it an attractive investment option for some people.
- Gold rings are often given as gifts to signify love and commitment in relationships, which can lead to increased demand for the product during wedding season and other holidays like Valentine's Day or Mother's Day.
- The jewelry industry is one of the largest industries in the world, with over $80 billion worth of gold sold each year according to World Gold Council data from 2016-2017, so any increase in demand will have a significant impact on the market size and growth rate for this product category specifically.
- Jewelry stores are often located near shopping malls or other high traffic areas where they can attract more customers who may be interested in purchasing additional items while they're there.
Industry Growth Insights published a new data on “Gold Rings Market”. The research report is titled “Gold Rings Market research by Types (18k Gold Rings, 14K Gold Rings, 24K Gold Rings, Other), By Applications (Engagement, Wedding, Other), By Players/Companies Cartier, Tiffany, Laofengxiang, Chow Tai Fook, Chow Sang Sang, Lukfook, Mingr, LVMH, Chowtaiseng, Harry Winston, CHJ, CHJD, Yuyuan, David Yurman, TSL, Van Cleef&Arpels, Charles & Colvard”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gold Rings Market Research Report
By Type
18k Gold Rings, 14K Gold Rings, 24K Gold Rings, Other
By Application
Engagement, Wedding, Other
By Companies
Cartier, Tiffany, Laofengxiang, Chow Tai Fook, Chow Sang Sang, Lukfook, Mingr, LVMH, Chowtaiseng, Harry Winston, CHJ, CHJD, Yuyuan, David Yurman, TSL, Van Cleef&Arpels, Charles & Colvard
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Gold Rings Market Report Segments:
The global Gold Rings market is segmented on the basis of:
Types
18k Gold Rings, 14K Gold Rings, 24K Gold Rings, 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
Engagement, Wedding, 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:
- Cartier
- Tiffany
- Laofengxiang
- Chow Tai Fook
- Chow Sang Sang
- Lukfook
- Mingr
- LVMH
- Chowtaiseng
- Harry Winston
- CHJ
- CHJD
- Yuyuan
- David Yurman
- TSL
- Van Cleef&Arpels
- Charles & Colvard
Highlights of The Gold Rings 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:
- 18k Gold Rings
- 14K Gold Rings
- 24K Gold Rings
- Other
- By Application:
- Engagement
- Wedding
- 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 Gold Rings 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?
Gold Rings is a term used to describe the metal gold.
Some of the major players in the gold rings market are Cartier, Tiffany, Laofengxiang, Chow Tai Fook, Chow Sang Sang, Lukfook, Mingr, LVMH, Chowtaiseng, Harry Winston, CHJ, CHJD, Yuyuan, David Yurman, TSL, Van Cleef&Arpels, Charles & Colvard.
The gold rings market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gold Rings 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. Gold Rings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gold Rings Market - Supply Chain
4.5. Global Gold Rings Market Forecast
4.5.1. Gold Rings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gold Rings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gold Rings Market Absolute $ Opportunity
5. Global Gold Rings 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. Gold Rings Market Size and Volume Forecast by Type
5.3.1. 18k Gold Rings
5.3.2. 14K Gold Rings
5.3.3. 24K Gold Rings
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gold Rings 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. Gold Rings Market Size and Volume Forecast by Application
6.3.1. Engagement
6.3.2. Wedding
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gold Rings 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. Gold Rings 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 Gold Rings 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. Gold Rings 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 Gold Rings Demand Share Forecast, 2019-2026
9. North America Gold Rings 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 Gold Rings 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 Gold Rings Market Size and Volume Forecast by Application
9.4.1. Engagement
9.4.2. Wedding
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gold Rings Market Size and Volume Forecast by Type
9.7.1. 18k Gold Rings
9.7.2. 14K Gold Rings
9.7.3. 24K Gold Rings
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 Gold Rings Demand Share Forecast, 2019-2026
10. Latin America Gold Rings 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 Gold Rings 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 Gold Rings Market Size and Volume Forecast by Application
10.4.1. Engagement
10.4.2. Wedding
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gold Rings Market Size and Volume Forecast by Type
10.7.1. 18k Gold Rings
10.7.2. 14K Gold Rings
10.7.3. 24K Gold Rings
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 Gold Rings Demand Share Forecast, 2019-2026
11. Europe Gold Rings 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 Gold Rings 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 Gold Rings Market Size and Volume Forecast by Application
11.4.1. Engagement
11.4.2. Wedding
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gold Rings Market Size and Volume Forecast by Type
11.7.1. 18k Gold Rings
11.7.2. 14K Gold Rings
11.7.3. 24K Gold Rings
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/Growth 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 Gold Rings Demand Share, 2019-2026
12. Asia Pacific Gold Rings 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 Gold Rings 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 Gold Rings Market Size and Volume Forecast by Application
12.4.1. Engagement
12.4.2. Wedding
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gold Rings Market Size and Volume Forecast by Type
12.7.1. 18k Gold Rings
12.7.2. 14K Gold Rings
12.7.3. 24K Gold Rings
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 Gold Rings Demand Share, 2019-2026
13. Middle East & Africa Gold Rings 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 Gold Rings 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 Gold Rings Market Size and Volume Forecast by Application
13.4.1. Engagement
13.4.2. Wedding
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gold Rings Market Size and Volume Forecast by Type
13.7.1. 18k Gold Rings
13.7.2. 14K Gold Rings
13.7.3. 24K Gold Rings
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 Gold Rings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gold Rings Market: Market Share Analysis
14.2. Gold Rings Distributors and Customers
14.3. Gold Rings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cartier
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tiffany
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Laofengxiang
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Chow Tai Fook
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Chow Sang Sang
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lukfook
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mingr
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LVMH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Chowtaiseng
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Harry Winston
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CHJ
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. CHJD
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yuyuan
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. David Yurman
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TSL
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Van Cleef&Arpels
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Charles & Colvard
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
