Global Gems & Jewelry Industry

Global Gems & Jewelry Industry

  • October 2019 •
  • 168 pages •
  • Report ID: 5817854 •
  • Format: PDF
Gems & Jewelry market worldwide is projected to grow by US$135.3 Billion, driven by a compounded growth of 4.8%. Diamond in Gold, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$143.2 Billion by the year 2025, Diamond in Gold will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 3.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$4.8 Billion to the region’s size and clout in the next 5 to 6 years. Over US$3.9 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Diamond in Gold will reach a market size of US$6.7 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 7.5% over the next couple of years and add approximately US$39 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include among others, Blue Nile, Inc.; Chow Tai Fook Jewellery Group Limited; Claire’s Stores, Inc.; Compagnie Financière Richemont SA; Damas International; Kering SA; Le Petit-Fils de L.U. Chopard & Cie SA; Luk Fook Holdings Company Limited; LVMH Moët Hennessy - Louis Vuitton; Malabar Gold & Diamonds; PANDORA A/S; PC Jeweller Limited; Rajesh Exports Ltd.; Signet Jewelers Ltd.; Swarovski AG; Swatch Group Ltd.; Tiffany & Co.; Titan Co., Ltd.