Jewelry - Worldwide

  • Worldwide
  • In 2024, the revenue in the Jewelry market worldwide is projected to reach a staggering €288.30bn.
  • This market is expected to experience an annual growth rate of 3.75%, according to the compound annual growth rate (CAGR) for the period 2024-2028.
  • When compared to other countries, in India leads the pack in terms of revenue generation in the Jewelry market, with an estimated revenue of €75,350m in 2024.
  • This highlights the significant role that in India plays in the global Jewelry market.
  • To put things into perspective, in 2024, each person on average is expected to contribute €37.20 to the overall revenue in the Jewelry market.
  • This figure is derived by dividing the total revenue by the total population.
  • Looking ahead, it is projected that 88% of sales in the Jewelry market by 2024 will be attributed to Non-Luxury.
  • This indicates a dominance of affordable and accessible jewelry products in the market.
  • Overall, the Jewelry market is a thriving and lucrative market worldwide, with significant revenue potential and a strong presence in countries like in India.
  • The growth prospects, as indicated by the CAGR, suggest a positive trajectory for the industry in the coming years.
  • Worldwide, the jewelry market is thriving with a resurgence in demand for vintage and antique pieces, particularly in countries like Italy and France known for their rich cultural heritage.

Key regions: Europe, Spain, Worldwide, Germany, Hong Kong

Comparación de regiones


Data coverage:

The data encompasses B2C enterprises. The figures are based on consumer spending on accessories that comprise of Watches & Jewelry and Luggage & Bags that are produced for private end customers for both offline retail and online retail.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, market data from independent databases and third-party sources, historical developments, current trends, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending. This data helps us estimate the market size for each country individually.


In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Accessories market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development).

Visión general

  • Revenue
  • Key Players
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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