The average revenue per capita in the 'Luxury Jewelry' segment of the luxury goods market in Hong Kong was forecast to continuously increase between 2024 and 2028 by in total 18.3 U.S. dollars (+4.63 percent). After the eighth consecutive increasing year, the indicator is estimated to reach 413.24 U.S. dollars and therefore a new peak in 2028.
Data provided by Statista Market Insights are estimates.
Together with watches, jewelry constitutes a part of the market that is called “hard luxury” to differentiate it from fashion, accessories and cosmetics, which are made from “soft” materials.
LVMH’s Bulgari and Cartier as well as Richemont’s Van Cleef & Arpels and Piaget are examples of household brand names in this sector, which is otherwise characterized by jewelers’ own brands, with Tiffany, Lao Feng Xiang, Titan, Chow Sang Sang and Luk Fook being the biggest players in this field. The shown market data are based on an analysis of more than 100 of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Accordingly, watches from smaller companies or artisanal production unaffiliated with the companies covered are not included. All data is shown at retail value, which includes markups for retail distribution and sales taxes.
Growth has lately been stimulated mostly by emerging markets but ever since the period of sagging demand in Greater China began, the global outlook can at best be described as stable.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista Market Insights. (January 26, 2024). Average revenue per unit (ARPU) in the luxury jewelry segment of the luxury goods market Hong Kong from 2018 to 2028 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/forecasts/1436277/average-revenue-per-unit-arpu-luxury-jewelry-luxury-watches-jewelry-market-hong-kong
Statista Market Insights. "Average revenue per unit (ARPU) in the luxury jewelry segment of the luxury goods market Hong Kong from 2018 to 2028." Chart. January 26, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/forecasts/1436277/average-revenue-per-unit-arpu-luxury-jewelry-luxury-watches-jewelry-market-hong-kong
Statista Market Insights. (2024). Average revenue per unit (ARPU) in the luxury jewelry segment of the luxury goods market Hong Kong from 2018 to 2028. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/forecasts/1436277/average-revenue-per-unit-arpu-luxury-jewelry-luxury-watches-jewelry-market-hong-kong
Statista Market Insights. "Average Revenue per Unit (Arpu) in The Luxury Jewelry Segment of The Luxury Goods Market Hong Kong from 2018 to 2028." Statista, Statista Inc., 26 Jan 2024, https://www.statista.com/forecasts/1436277/average-revenue-per-unit-arpu-luxury-jewelry-luxury-watches-jewelry-market-hong-kong
Statista Market Insights, Average revenue per unit (ARPU) in the luxury jewelry segment of the luxury goods market Hong Kong from 2018 to 2028 Statista, https://www.statista.com/forecasts/1436277/average-revenue-per-unit-arpu-luxury-jewelry-luxury-watches-jewelry-market-hong-kong (last visited August 25, 2024)
Average revenue per unit (ARPU) in the luxury jewelry segment of the luxury goods market Hong Kong from 2018 to 2028 [Graph], Statista Market Insights, January 26, 2024. [Online]. Available: https://www.statista.com/forecasts/1436277/average-revenue-per-unit-arpu-luxury-jewelry-luxury-watches-jewelry-market-hong-kong