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Luxury Jewelry Market Size, Share & Trends Analysis Report by Application, by Raw Material (Diamond, Gold, Platinum), by Product (Necklace, Ring, Earring), by Distribution Channel, by Region, and Segment Forecasts, 2021-2028

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    Report

  • 138 Pages
  • September 2021
  • Region: Global
  • Grand View Research
  • ID: 5440533
Description Jump to:
The global luxury jewelry market size is anticipated to reach USD 70.2 billion by 2028, according to a new report by the publisher. The market is expected to expand at a CAGR of 8.2% from 2021 to 2028. The growth of the market is predicted to be driven by increased demand for high-end fashion items and rising disposable income levels. Product demand is also projected to be boosted by rising customer desire for branded jewelry. Consumers are willing to spend more money on branded and high-end jewelry to express their personal style.

The growing demand for bespoke projects reflects the luxury industry's need for personalization, but it's also directly tied to upcycling. Louis Vuitton used to buy cut gems, but after observing a boom in demand for one-of-a-kind pieces, they began buying uncut stones and working directly with clients to select their final forms. Brands also seek to offer fresh takes on the diamonds themselves, in addition to innovative designs. LVMH patented two distinctive diamond cuts in the shapes of a flower and a star, as well as its monogram.

Many contemporary jewelers have been employing recycled gold for years, while others, such as Lilian Von Trapp and Vieri, work entirely with it. Kering reported 88% traceability for key raw materials during the annual ChangeNow summit in January, a crucial metric for businesses to utilize to check their environmental impacts and sustainability claims. Kering is investing in technology and innovation to assist its sustainability goals, and has built a materials innovation lab for jewelry and watches innovation that is both sustainable and innovative.

Retailers are depending less on purchases made for "special occasions.” The share of online jewelry sales in the United States and Western Europe doubled in 2019. Subscription businesses such as Switch, MintGoose, and Pura Vida Jewelry Club allow buyers to borrow high-end jewelry for a fraction of the price of buying it outright.

Luxury Jewelry Market Report Highlights

  • The gold segment accounted for the largest revenue share of 38.9% in 2020 and is expected to expand at a CAGR of 8.4% over the forecast period of 2021 to 2028
  • The ring segment accounted for the largest revenue share of 32.2% in 2020 and is estimated to witness a CAGR of 8.6% over the forecast period
  • The offline segment dominated the market and accounted for the largest revenue share of 81.9% in 2020
  • Asia Pacific accounted for the largest revenue share of 65.4% in 2020

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Material Outlook
2.3. Product Outlook
2.4. Application Outlook
2.5. Distribution Channel Outlook
2.6. Regional Outlook
Chapter 3. Luxury Jewelry Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Industry Opportunities
3.6. Business Environment Analysis
3.6.1. Industry Analysis – Porter’s
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.7. Roadmap of Luxury Jewelry Market
3.8. Market Entry Strategies
3.9. Impact of COVID-19 on the Luxury Jewelry Market
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Luxury Jewelry Market: Raw Material Estimates & Trend Analysis
5.1. Material Movement Analysis & Market Share, 2020 & 2028
5.2. Gold
5.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
5.3. Platinum
5.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
5.4. Diamond
5.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
5.5. Precious Pearls
5.5.1. Market estimates and forecast, 2016 - 2028 (USD Million)
5.6. Gemstones
5.6.1. Market estimates and forecast, 2016 - 2028 (USD Million)
5.7. Others
5.7.1. Market estimates and forecast, 2016 - 2028 (USD Million)
Chapter 6. Luxury Jewelry Market: Product Estimates & Trend Analysis
6.1. Product Movement Analysis & Market Share, 2020 & 2028
6.2. Necklaces
6.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.3. Rings
6.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.4. Earrings
6.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.5. Bracelets
6.5.1. Market estimates and forecast, 2016 - 2028 (USD Million)
6.6. Others
6.6.1. Market estimates and forecast, 2016 - 2028 (USD Million)
Chapter 7. Luxury Jewelry Market: Application Estimates & Trend Analysis
7.1. Application Movement Analysis & Market Share, 2020 & 2028
7.2. Men
7.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.3. Women
7.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
7.4. Children
7.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
Chapter 8. Luxury Jewelry Market: Distribution Channel Estimates & Trend Analysis
8.1. Distribution Channel Movement Analysis & Market Share, 2020 & 2028
8.2. Online
8.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
8.3. Offline
8.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
Chapter 9. Luxury Jewelry Market: Country Estimates & Trend Analysis
9.1. Region Movement Analysis & Market Share, 2020 & 2028
9.2. North America
9.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.2.1.1. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.2.1.2. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.2.1.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.2.1.4. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
9.2.2. U.S.
9.2.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.2.2.2. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.2.2.3. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.2.2.4. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.2.2.5. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
9.3. Europe
9.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.3.1.1. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.3.1.2. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.3.1.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.3.1.4. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
9.3.2. U.K.
9.3.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.3.2.2. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.3.2.3. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.3.2.4. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.3.2.5. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
9.3.3. Germany
9.3.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.3.3.2. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.3.3.3. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.3.3.4. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.3.3.5. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
9.4. Asia Pacific
9.4.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.4.1.1. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.4.1.2. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.4.1.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.4.1.4. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
9.4.2. China
9.4.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.4.2.2. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.4.2.3. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.4.2.4. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.4.2.5. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
9.4.3. India
9.4.3.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.4.3.2. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.4.3.3. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.4.3.4. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.4.3.5. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
9.5. Central and South America
9.5.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.5.1.1. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.5.1.2. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.5.1.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.5.1.4. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
9.5.2. Brazil
9.5.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.5.2.2. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.5.2.3. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.5.2.4. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.5.2.5. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
9.6. Middle East and Africa
9.6.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.6.1.1. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.6.1.2. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.6.1.3. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.6.1.4. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
9.6.2. UAE
9.6.2.1. Market estimates and forecast, 2016 - 2028 (USD Million)
9.6.2.2. Market estimates and forecast, by raw material, 2016 – 2028 (USD Million)
9.6.2.3. Market estimates and forecast, by product, 2016 – 2028 (USD Million)
9.6.2.4. Market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million
9.6.2.5. Market estimates and forecast, by application, 2016 – 2028 (USD Million)
Chapter 10. Competitive Analysis
10.1. Key global players, recent developments & their impact on the industry
10.2. Key Company categorization
10.3. Vendor Landscape
10.3.1. Key company market share analysis, 2020
Chapter 11. Company Profiles
11.1. Guccio Gucci S.p.A
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Benchmarking
11.1.4. Strategic Initiatives
11.2. The Swatch Group Ltd.
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Benchmarking
11.2.4. Strategic Initiatives
11.3. Richemont
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Type Benchmarking
11.3.4. Strategic Initiatives
11.4. Tiffany & Co.
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Benchmarking
11.4.4. Strategic Initiatives
11.5. GRAFF
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Benchmarking
11.5.4. Strategic Initiatives
11.6. Louis Vuitton SE
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Benchmarking
11.6.4. Strategic Initiatives
11.7. Signet Jewelers Limited
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Benchmarking
11.7.4. Strategic Initiatives
11.8. Chopard International SA
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Benchmarking
11.8.4. Strategic Initiatives
11.9. MIKIMOTO
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Product Benchmarking
11.9.4. Strategic Initiatives
11.10. Pandora Jewelry, LLC
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Product Benchmarking
11.10.4. Strategic Initiatives
List of Tables
1. Global luxury jewelry market - Major raw material exporters
2. Luxury jewelry market - Driving factor market analysis
3. Global luxury jewelry market - Ethical jewelry brands
4. Global luxury jewelry market - Ethical diamond brands
5. Global luxury jewelry market - Company ratings based on their way of sourcing
6. Luxury jewelry market - Restraint factor market analysis
7. Gold luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
8. Platinum luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
9. Diamond luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
10. Precious pearls luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
11. Gemstones luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
12. Others luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
13. Luxury necklaces market estimates and forecast, 2016 - 2028 (USD Million)
14. Luxury rings market estimates and forecast, 2016 - 2028 (USD Million)
15. Luxury bracelets market estimates and forecast, 2016 - 2028 (USD Million)
16. Luxury earrings market estimates and forecast, 2016 - 2028 (USD Million)
17. Other luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
18. Luxury jewelry market estimates and forecasts for men, 2016 - 2028 (USD Million)
19. Luxury jewelry market estimates and forecast for women, 2016 - 2028 (USD Million)
20. Luxury jewelry market estimates and forecast for children, 2016 - 2028 (USD Million)
21. Online luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
22. Offline luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
23. North America luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
24. North America luxury jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
25. North America luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
26. North America luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
27. North America luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
28. U.S. luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
29. U.S. luxury jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
30. U.S. luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
31. U.S. luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
32. U.S. luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
33. Europe luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
34. Europe luxury jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
35. Europe luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
36. Europe luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
37. Europe luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
38. U.K. luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
39. U.K. jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
40. U.K. luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
41. U.K. luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
42. U.K. luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
43. Germany luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
44. Germany luxury jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
45. Germany luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
46. Germany luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
47. Germany luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
48. Asia Pacific luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
49. Asia Pacific luxury jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
50. Asia Pacific luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
51. Asia Pacific luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
52. Asia Pacific luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
53. China luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
54. China jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
55. China luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
56. China luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
57. China luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
58. India luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
59. India luxury jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
60. India luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
61. India luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
62. India luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
63. Central & South America luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
64. Central & South America luxury jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
65. Central & South America luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
66. Central & South America luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
67. Central & South America luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
68. Brazil luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
69. Brazil jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
70. Brazil luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
71. Brazil luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
72. Brazil luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
73. Middle East & Africa luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
74. Middle East & Africa luxury jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
75. Middle East & Africa luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
76. Middle East & Africa luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
77. Middle East & Africa luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
78. UAE luxury jewelry market estimates and forecast, 2016 - 2028 (USD Million)
79. UAE jewelry market estimates and forecast, by raw material, 2016 - 2028 (USD Million)
80. UAE luxury jewelry market estimates and forecast, by product, 2016 - 2028 (USD Million)
81. UAE luxury jewelry market estimates and forecast, by distribution channel, 2016 - 2028 (USD Million)
82. UAE luxury jewelry market estimates and forecast, by application, 2016 - 2028 (USD Million)
83. Company categorization
List of Figures
1. Luxury jewelry market segmentation
2. Information procurement
3. Primary research pattern
4. Primary research approaches
5. Primary research process
6. Luxury jewelry market - Product growth
7. Luxury jewelry market - Value chain analysis
8. Male engagement ring search hits (2020)
9. Global gold prices, 2017 - 2021 (USD/Kg)
10. Global platinum prices, 2017 - 2021 (USD/Kg)
11. Women’s estimated share of household wealth by region (%)
12. Luxury jewelry market: Porter’s Five Forces Analysis
13. Roadmap of luxury jewelry market
14. Demographic makeup of a typical jewelry buyer
15. Luxury jewelry market: Raw Material movement analysis, 2020 & 2028
16. Wearing jewelry during the COVID-19 pandemic
17. Luxury jewelry market: Raw Material movement analysis, 2020 & 2028
18. Luxury jewelry market: Product movement analysis, 2020 & 2028
19. Luxury jewelry market: Application share (%) analysis, 2020 & 2028
20. Luxury jewelry market: Distribution channel share (%) analysis, 2020 & 2028
21. Luxury jewelry market: Region share (%) analysis, 2020 & 2028

Companies Mentioned

  • Guccio Gucci S.p.A
  • The Swatch Group Ltd.
  • Richemont
  • Tiffany & Co.
  • GRAFF
  • Louis Vuitton SE
  • Signet Jewelers Limited
  • Chopard International SA
  • MIKIMOTO
  • Pandora Jewelry, LLC

Methodology

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Table Information

Report AttributeDetails
No. of Pages138
PublishedSeptember 2021
Forecast Period2020 - 2028
Estimated Market Value ( USD ) in 2020 $ 37.4 Billion
Forecasted Market Value ( USD ) by 2028 $ 70.2 Billion
Compound Annual Growth Rate8.2%
Regions CoveredGlobal
No. of Companies Mentioned10

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