Gems and Jewelry Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to gems and jewelry market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Gems and Jewelry Market News

in Gems and Jewelry Market
  • In May 2025, Tiffany & Co. revealed its 2025 Sustainability Goals, with aspirations of full traceability of its diamonds to their original mine and net-zero greenhouse gas emissions. This move solidifies the brand's leadership in ethical luxury, harmonizing with worldwide consumer demand for environmental stewardship, transparent sourcing, and accountability in the premium jewelry category.
  • In May 2025, Cartier revamped its iconic Trinity collection with a fresh cushion-cut design, with interlocking pink, yellow, and white gold rings. The innovation represents a beautiful balance of heritage and contemporaneity, attracting younger luxury consumers while retaining its iconic meaning of love, loyalty, and friendship that has characterized the brand over decades.
  • In April 2025, Chow Tai Fook introduced the CTF Rouge Collection, which achieved retail sales of more than HK$1.5 billion. The success of the collection signifies the company's focus on emphasizing fixed-price gold jewelry with culturally sensitive themes. The strategy enabled the brand to strengthen market leadership in Greater China and increase profitability in spite of adverse macroeconomic conditions.
REPORT OVERVIEW BUY NOW

REQUEST FOR SAMPLE

Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

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?

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Feedback From Our Clients

Global Gems and Jewelry Market
Gems and Jewelry Market

Report ID: SQMIG25K2120

[email protected]
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE