Luxury Jewelry Market Overview, Market Drivers, Industry Segmentation, Analysis and Forecast 2032

Luxury Jewelry Market size was valued at USD 55.24 Bn. in 2024 and the total Global Luxury Jewelry revenue is expected to grow at a CAGR of 7.9 % from 2025 to 2032, reaching nearly USD 101.49 Bn. by 2032.

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1. LUXURY JEWELRY MARKET GLOBAL ANALYSIS REPORT 2025-2032 Published by: Surekha, Marketing Head
2. Market Size & Overview: The luxury jewelry market is poised for significant growth, with projections indicating an increase from USD 55.24 billion in 2024 to USD 101.49 billion by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period. This expansion is driven by rising disposable incomes, increased consumer spending on luxury goods, and a growing preference for high-end, bespoke jewelry pieces.
3. Market Growth & Opportunities The market's growth is further propelled by the surge in online retail platforms, enabling luxury brands to reach a broader audience. Additionally, the trend towards sustainable and ethically sourced jewelry offers new avenues for market players to differentiate themselves and appeal to environmentally conscious consumers. Collaborations between luxury jewelry brands and fashion houses are also creating innovative designs, attracting a diverse customer base. Sample Request Sample Request
4. Market Segmentation ❑by Product Type ▪ Necklaces ▪ Ring ▪ Earrings ▪ Bracelets ▪ Other ❑by Application ▪ Men ▪ Women ▪ Children ❑by Distribution Channel ▪ Online ▪ Offline
5. Regional Analysis: ➢North America: This region maintains a substantial share of the luxury jewelry market, supported by high consumer spending power and a strong presence of established luxury brands. ➢Europe: Home to renowned luxury jewelry houses, Europe exhibits steady market growth, with consumers valuing heritage and craftsmanship. ➢Asia-Pacific (APAC): APAC is experiencing rapid market expansion, driven by increasing urbanization, rising disposable incomes, and a growing middle-class population with a taste for luxury goods.
6. Regional Analysis North America Europe Asia Pacific Middle East and Africa South America Regional Analysis 2025-2032 Customized Report Request Customized Report Request
7. Merges and Acquisition 1. LVMH's Acquisition of Tiffany & Co.: In January 2021, LVMH Moët Hennessy Louis Vuitton completed the acquisition of Tiffany & Co., aiming to strengthen its position in the global luxury jewelry market. 2. Kering's Launch of the Watch and Jewellery Initiative 2030: In October 2023, Kering, in collaboration with Cartier, introduced the Watch and Jewellery Initiative 2030, inviting brands to commit to Environmental, Social, and Governance (ESG) objectives to foster a positive impact within the industry. 3. Aurate's Partnership with Helzberg Diamonds: In 2023, luxury jewelry brand Aurate partnered with Helzberg Diamonds to launch an exclusive collection, expanding its market reach and enhancing product offerings. Buy This Report Buy This Report
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