Luxury Jewelry Market by Product Type (Necklaces, Ring, Earrings, Bracelets, Others), by Application (Men, Women, Children), by Distribution Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2031
paved the way for luxury jewelry.
Roshan Deshmukh - Manager
• The Luxury Jewelry Market Size was valued at $21.75 billion in 2021.
• The Luxury Jewelry Market Size is estimated to reach $40.19 billion by 2031.
• The Luxury Jewelry Market Growing at a CAGR of 6.4% from 2022 to 2031.
• The women segment is expected to reach $24,104.6 million by 2031.
Necklaces was the major segment of the market in 2021, and is anticipated to grow at a significant CAGR of 5.9% during the forecast period.
The men segment is expected to grow at a CAGR of 6.9%, in terms of value, during the forecast period
The online sales channel is anticipated to grow at a CAGR of 6.9% during the forecast period.
• Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
• Region wise, Asia-Pacific was the dominant region in 2021, occupying 34.6% Luxury Jewelry market share.
• Asia-Pacific registers the fastest growth in the luxury jewelry market and is is likely to remain same throughout the Luxury Jewelry Market Forecast period.
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