What is the global market size of Luxury Jewelry Market?

Global Luxury Jewelry Market size was valued at USD 40.61 billion in 2021, and it is expected to reach a value of USD 70.96 billion by 2028, at a CAGR of 8.3% over the forecast period (2022 - 2028). Read More

Top Luxury Jewelry Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Luxury 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 Luxury Jewelry industry players.

Luxury Jewelry Market Competitive Landscape

Luxury Jewelry Market Top Players Company Profiles

MIKIMOTO
Bulgari
Cartier
Chopard
Graff Diamonds
Harry Winston
Van Cleef & Arpels
Piaget
Tiffany & Co.
Boucheron
Buccellati
David Yurman
Chaumet
Fabergé
H. Stern
Swarovski
Damiani
Pomellato
De Beers
Bvlgari Jewelry

Luxury Jewelry Market Recent Development

In February 2022, globally, the Pandora Spring 2022 Collection was made available at our favorite Pandora retailers, the Pandora UK eStore and Pandora.net.
In May 2021, leading US jewelry company Tiffany & Co. recently revealed its intention to introduce its first men's engagement rings. The goal is to increase its customer base and take advantage of the growing same-sex marriage market and gender-neutral fashion trends.
In March 2021, "I STILL DO," a new couple-focused collection from Nirwaana was released. The brand aims to make online jewelry shopping enjoyable by fusing art, culture, design, and trends into a stunning selection of pure silver and semi-precious stone costume jewelry.

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Global Luxury Jewelry Market size was valued at USD 65.97 Billion in 2024 and is poised to grow from USD 71.12 Billion in 2025 to USD 129.7 Billion by 2033, growing at a CAGR of 7.8% during the forecast period (2026–2033).

To increase sales across numerous nations, manufacturers are changing their product branding and advertising strategies. The manufacturing companies have adopted creative strategies to boost sales of high-end jewelry, such as new product launches featuring stones that look like semi-precious stones, daring jewelry designs, and colorful stones engraved in chains that are beautifully packaged. For instance, the first collection of gold jewelry made without the use of mercury was introduced in May 2021 by the leading US luxury jewelry brand Futura Jewelry. The product launch aims to lessen the threat of mercury emissions on the planet in light of the effects of gold mining on the environment. 'Swarovski AG', 'Guccio Gucci S.p.A. (Gucci)', 'Tanishq', 'Richemont', 'Tiffany & Co.', 'GRAFF', 'Louis Vuitton SE', 'Signet Jewelers', 'Chopard International SA', 'MIKIMOTO', 'Pandora Jewelry LLC', 'Harry Winston', 'Van Cleef & Arpels', 'Piaget', 'Boucheron', 'David Yurman', 'De Beers', 'Chaumet', 'Buccellati', 'Messika'

Increasing disposable income is one of the key factors propelling the luxury jewelry market's expansion. Luxury jewelry is more in demand as a result of rising buying power brought on by rising disposable income among the populace. Another important factor influencing the demand for luxury jewelry is the traditions surrounding precious metals. India, for instance, consumes a significant amount of gold and silver due to the country's diverse religious and cultural ties. It is important to note that rising disposable income is primarily responsible for the luxury jewelry market in India's expansion.

Throughout the forecast period, there may be room for luxury jewelry market growth due to rising demand for men's jewelry. Traditionally, women are more likely than men to buy expensive jewelry. Due to men's growing emphasis on aesthetic appeal and self-grooming, this trend is, however, changing. In addition, men are adopting the newest fashion trends at a high rate thanks to the growing influence of social media. Such elements are influencing the rise in demand for men's luxury jewelry items like necklaces, bracelets, and rings. As a result, producers are concentrating on these goods to gain a competitive edge.

More than one-third of the global market was held by the market in the Asia-Pacific region in 2021, and it is anticipated that this region will continue to lead the market throughout the forecast period. This is explained by the expectation that consumers will continue to be concerned with their appearance as a result of the influence of beauty shows, TV shows, and magazines in various Asia-Pacific nations. The market is expanding as a result of widespread acceptance of luxury jewelry as well as increased awareness of affordable jewelry designs, a preference for western culture, and the expansion of the luxury jewelry segment in tier 2 cities.

Top Luxury Jewelry Companies

Luxury Jewelry Market Competitive Landscape

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What is the global market size of Luxury Jewelry Market?

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