Top Gems and Jewelry Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Gems and Jewelry Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Gems and Jewelry industry players.

Gems and Jewelry Market Competitive Landscape

The global gems and jewelry market outlook is extremely competitive, with major players being global companies such as Tiffany & Co., Cartier, and Chow Tai Fook. The brands concentrate on innovation, sustainability, and digitalization. For example, Tiffany focuses on ethical sourcing and in-store experiences, while Chow Tai Fook spends significantly on developing e-commerce sites. Cartier uses exclusive designs and heritage branding for sustaining luxury appeal, which enhances customer loyalty and market share globally.

The startup ecosystem in global gems and jewelry market is changing fast on the back of advancements in sustainability, customization, and technology. The newcomers are positioning themselves on lab-created diamonds, social responsibility sourcing, and online marketplaces to target younger, environmentally aware buyers. Startups disrupt conventional players by bringing transparency and customized experiences. Their new paradigms propel industry transformations, foster ethical practices, and open markets wider, which creates a competitive and dynamic ecosystem.

  • Founded in 2015, Aurate New York creates eco-friendly fine jewelry with 14k recycled gold, minimizing ecological damage. Its core product line emphasizes minimalist, responsibly sourced pieces that millennials love. Its R&D in traceability and recycled materials reinforces environmentally friendly production. This commitment fosters good consumer faith, increasing their loyal customer base and driving the industry towards greener endeavors while upholding luxury standards.
  • Established in 2016, Vrai creates lab-grown diamond jewelry with a direct-to-consumer approach, emphasizing sustainability and affordability. Their flagship “Real-Time” diamond collection uses proprietary technology to grow diamonds quickly, minimizing environmental impact. This R&D breakthrough lowers costs and carbon emissions, attracting modern, eco-conscious buyers. Vrai’s innovation disrupts traditional diamond sourcing, driving demand for ethical luxury and accelerating growth in the global gems and jewelry market.

Top Player’s Company Profiles

  • Cartier (France) 
  • Chow Tai Fook Jewellery Group (Hong Kong) 
  • Richemont (Switzerland) 
  • Signet Jewelers (U.S.) 
  • Bvlgari (Italy) 
  • Harry Winston (U.S.) 
  • De Beers Group (U.K.) 
  • Pandora A/S (Denmark) 
  • Graff Diamonds (U.K.) 
  • Mikimoto (Japan) 
  • Zales (U.S.) 
  • Kalyan Jewellers (India) 
  • LVMH (Louis Vuitton Moët Hennessy) (France) 
  • Chow Sang Sang (Hong Kong) 
  • Malabar Gold & Diamonds (India) 
  • Damiani (Italy) 
  • Blue Nile (U.S.) 
  • Gemfields (U.K.) 
  • Forevermark (De Beers) (U.K.)

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Global Gems and Jewelry Market size was valued at USD 409.35 Billion in 2023 poised to grow from USD 423.60 Billion in 2024 to USD 556.93 Billion by 2032, growing at a CAGR of 3.48% in the forecast period (2025-2032).

The global gems and jewelry market outlook is extremely competitive, with major players being global companies such as Tiffany & Co., Cartier, and Chow Tai Fook. The brands concentrate on innovation, sustainability, and digitalization. For example, Tiffany focuses on ethical sourcing and in-store experiences, while Chow Tai Fook spends significantly on developing e-commerce sites. Cartier uses exclusive designs and heritage branding for sustaining luxury appeal, which enhances customer loyalty and market share globally. 'Tiffany & Co. (USA)', 'Cartier (France)', 'Chow Tai Fook Jewelry Group (Hong Kong)', 'Signet Jewelers (USA)', 'Harry Winston (USA)', 'Graff Diamonds (United Kingdom)', 'Bvlgari (Italy)', 'Van Cleef & Arpels (France)', 'De Beers Group (United Kingdom)', 'Pandora (Denmark)', 'Malabar Gold & Diamonds (India)', 'Tanishq – Titan Company Limited (India)', 'Damiani Group (Italy)', 'LVMH Moët Hennessy Louis Vuitton – Watches & Jewelry Division (France)', 'Birks Group Inc. (Canada)'

Increased concern regarding unethical practices of mining and environmental degradation of gemstone and jewelry manufacturing can deter consumers. Transparency and certification issues decrease consumer confidence, holding back market growth as consumers increasingly favor brands that offer responsible and sustainable sourcing.

Rise of Lab-Grown Diamonds as a Sustainable Alternative: Synthetic diamonds are becoming more popular with their environmentally friendly origin and competitiveness. Consumers, particularly millennials, are growingly preferring these moral alternatives over mined diamonds. This has been changing the classical diamond markets and compelling brands to diversify their offerings with conflict-free, sustainable gemstone alternatives.

How is E-Commerce Expansion Influencing Jewelry Sales in North America?

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Global Gems and Jewelry Market
Gems and Jewelry Market

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