Gems and Jewelry Market

Detailed research report on the gems and jewelry market, featuring market analysis, industry growth, size, and trends report from 2025 to 2030.

The Report Covers Global Jewelry Market Size by Country and is segmented by Product Type (Rings, Necklaces, Earrings, Bracelets, Chains and Pendants, and Other Product Types), Distribution Channel (Offline Retail Stores and Online Retail Stores), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The report offers the market size and forecasts in value (in USD billion) for the above segments.

Jewelry Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030)

Gems and Jewelry Market Size

Gems and Jewelry Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 5.20 %
Fastest Growing Market North America
Largest Market Asia Pacific
Market Concentration Low

Major Players

Gems and Jewelry Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Gems and Jewelry Market with other markets in Consumer Goods and Services Industry

Apparel, Footwear & Accessories

Luxury Goods & Services

Recreational Goods

Baby Care

Beauty and Personal Care

Consumer Services

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Gems and Jewelry Market Analysis

The Gems and Jewelry Market is expected to register a CAGR of 5.2% during the forecast period.

A soaring middle-income level of consumers within developing countries as well as the rising purchasing power of these consumers, alongside a growing fashion trend around the globe, have been significant contributors to the increase in demand for gems and jewelry around the world. In the same way that the gold industry anticipates high demand for gold, the diamond industry expects high demand for diamonds as well. This is primarily due to the growing middle class that is emerging in the country. As a result, major players are investing and expanding their retail outlets across the globe. As emerging markets like India, China, Brazil, and other developing markets are showing encouraging prospects, international players are beginning to move into the region in order to tap into the rising market demand in these countries.

Additionally, the increase in cross-cultural designs is one of the latest trends gaining popularity in the gem and jewelry market. The demand for jewelry inspired by Italian, European, and Egyptian cultures is expected to drive the market studied over the forecast period. The rise in urbanization has resulted in changing consumer behavior related to accessories, switching from wearing more pieces of jewelry to keeping it minimal and sophisticated while maintaining the style statement. Such evolving factors have led to a substantial demand for single-stone stud earrings, pendants, and rings.

Gems and Jewelry Industry Overview

The gems and jewelry market is highly competitive with the presence of key players such as LVMH, Buccellati, Pandora Jewelry LLC, Chow Tai Fook Jewelry Company Limited, The Swatch Group AG, Tata Sons Private Ltd., De Beers Jewellers US Inc., Signet Jewelers, Richemont, and Swarovski Crystal Online AG. Key players are focusing on online distribution channels for the online marketing and branding of their products to expand their geographical reach and increase their customer base. Leading manufacturers in the gems and jewelry market are focusing on leveraging the opportunities posed by the emerging markets of Asia-Pacific, like China and India, to expand their revenue base because of the rising income levels and their religious traditions, as they consider giving jewelry ornaments as auspicious. The key brands are embarking on innovation and new product developments infused with the latest technology to provide a luxury feel and perfect craftsmanship to their product offerings.

Gems and Jewelry Market Leaders

  1. LVMH Group

  2. Richemont SA

  3. The Swatch Group AG

  4. Chow Tai Fook Jewelry Company Limited

  5. Pandora Jewelry LLC

  6. *Disclaimer: Major Players sorted in no particular order
Gems and Jewelry Market Concentration
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Gems and Jewelry Market News

  • September 2022: As an ode to the Chola Dynasty, which is considered a golden age of Indian history, Tanishq launched its new exclusive collection The Chola, which is an ode to the dynasty.
  • August 2022: A new collection of Empreinte Fine Jewelry has been launched by Louis Vuitton. In the Empreinte collection, the design of the collection draws inspiration from Maison's emblematic codes.
  • August 2022: Pandora launched a new line of jewelry known as the 'Pandora Brilliance' in the United States and Canada. This line features diamonds produced from 100 percent renewable energy, grown in the United States.

Gems and Jewelry Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Rings
    • 5.1.2 Necklaces
    • 5.1.3 Earrings
    • 5.1.4 Bracelets
    • 5.1.5 Chains and Pendants
    • 5.1.6 Other Product Types
  • 5.2 By Distribution Channel
    • 5.2.1 Offline Retail Stores
    • 5.2.2 Online Retail Stores
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Spain
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Germany
    • 5.3.2.5 Russia
    • 5.3.2.6 Italy
    • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 South Africa
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Share Analysis
  • 6.2 Strategies Adopted by Players
  • 6.3 Company Profiles
    • 6.3.1 LVMH Group
    • 6.3.2 PANDORA JEWELRY LLC
    • 6.3.3 Richemont SA
    • 6.3.4 The Swatch Group AG
    • 6.3.5 Chow Tai Fook Jewelry Company Limited
    • 6.3.6 Tata Sons Private Ltd
    • 6.3.7 De Beers Jewellers US Inc.
    • 6.3.8 Swarovski Crystal Online AG
    • 6.3.9 Signet Jewelers
    • 6.3.10 Chow Tai Fook Jewellery Company Limited
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Gems and Jewelry Industry Segmentation

Gems and jewelry are decorative objects worn on clothes or the body that are usually made from valuable metals, such as gold, silver, and precious stones. The market report is segmented by product type, distribution channel, and geography. Based on product type, the market has been segmented into Rings, Necklaces, Earrings, Bracelets, Chains & Pendants, and Other Product Types. Based on the distribution channel, the market has been segmented into Offline Retail Stores and Online Retail Stores. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle-East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD billion).

By Product Type Rings
Necklaces
Earrings
Bracelets
Chains and Pendants
Other Product Types
By Distribution Channel Offline Retail Stores
Online Retail Stores
Geography North America United States
Canada
Mexico
Rest of North America
Europe Spain
United Kingdom
France
Germany
Russia
Italy
Rest of Europe
Asia-Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle-East and Africa South Africa
United Arab Emirates
Rest of Middle-East and Africa
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Gems and Jewelry Market Research FAQs

What is the current Gems and Jewelry Market size?

The Gems and Jewelry Market is projected to register a CAGR of 5.2% during the forecast period (2025-2030)

Who are the key players in Gems and Jewelry Market?

LVMH Group, Richemont SA, The Swatch Group AG, Chow Tai Fook Jewelry Company Limited and Pandora Jewelry LLC are the major companies operating in the Gems and Jewelry Market.

Which is the fastest growing region in Gems and Jewelry Market?

North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Gems and Jewelry Market?

In 2025, the Asia Pacific accounts for the largest market share in Gems and Jewelry Market.

What years does this Gems and Jewelry Market cover?

The report covers the Gems and Jewelry Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Gems and Jewelry Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Jewelry Industry Report

The global jewelry market is experiencing significant growth, driven by innovations in design and manufacturing technologies. This expansion is further supported by increased international tourist expenditure and a rising demand for wedding jewelry. The market is segmented by product types, including rings, necklaces, earrings, bracelets, chains and pendants, and other product types. Distribution channels are divided into offline retail stores and online retail stores. Geographically, the market spans North America, Europe, Asia-Pacific, South America, and the Middle-East and Africa.

Market segmentation is crucial in understanding the diverse consumer preferences and technological advancements that are shaping the industry. The influence of social media on consumer purchases has been a significant driver, enhancing vendor engagement and expanding market outreach through digital platforms. However, challenges such as rising labor costs and fluctuating raw material prices pose potential impediments to growth.

Industry analysis reveals that the market is continually adapting to meet evolving consumer demands. The market size and forecasts are provided in value, offering a comprehensive outlook on industry growth. Market statistics indicate a robust expansion, with market research highlighting the importance of both offline and online distribution channels.

The industry outlook remains positive, with market trends showing a steady increase in demand for various types of jewelry, including gold, platinum, silver, diamonds, and gemstones. Market data and market forecast suggest continued growth, supported by the increasing influence of digital platforms.

Market leaders are leveraging industry reports and market review to stay ahead of the competition. The market overview provides a detailed analysis of the current state of the industry, while market predictions offer insights into future trends. Industry reports and industry research are essential tools for understanding market dynamics and identifying growth opportunities.

In summary, the global jewelry market is poised for continued growth, driven by technological advancements and evolving consumer preferences. The market value is expected to rise, supported by strong market segmentation and a comprehensive industry analysis. The industry size and industry statistics underscore the market's potential, while market outlook and market trends provide a clear picture of future developments.