NEW YORK , Oct. 25, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The Global Jewelry Market size is estimated to grow by USD 107.9 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 5.45% during the forecast period. Increasing demand for jewelry as gifts is driving market growth, with a trend towards growing acceptance of jewelry among men.
However, increasing availability of counterfeiting jewelry poses a challenge.Key market players include Cartier SA, Chow Tai Fook Jewellery Group Limited, Compagnie Financiere Richemont SA, David Yurman Enterprises LLC, De Beers Corp., EOS Designs Studio, Graff Diamonds Ltd.
, Hermes International SA, Hstern Jewellery Ltd., Kalyan Jewellers India Ltd., Kering SA, Le petit fils de L.
U. Chopard and Cie SA, LukFook Holdings International Ltd., LVMH Group.
, Malabar Gold and Diamonds, Pandora Jewelry LLC, PC Jeweller Ltd., Signet Jewelers Ltd., Swarovski AG, Tata Sons Pvt.
Ltd., and The Swatch Group Ltd..
Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report Market Driver The jewelry market is experiencing a notable increase in demand due to the growing acceptance of jewelry among men. Fashion trends and celebrity influence are significant factors driving this trend.
Men's jewelry, including watches , ear piercings, cufflinks, rings, bracelets, and others, is becoming more popular for casual, pro.
