Market Insights Consumer Luxury Goods Luxury Watches & Jewelry

Luxury Jewelry - G20

  • G20
  • In 2024, the Luxury Jewelry market in G20 countries is projected to generate a total revenue of US$9.87bn.
  • This market is anticipated to experience an annual growth rate of 1.66% from 2024 to 2028, according to the compound annual growth rate (CAGR).
  • When comparing the global market, it is noteworthy that in China is the leading contributor to the Luxury Jewelry market.
  • In 2024, in China is expected to generate a revenue of US$14,130m , surpassing other countries within the G20.
  • To provide further insight, the per capita revenue generated in the Luxury Jewelry market in G20 countries is US$2.79 per person in 2024, considering the total population figures.
  • This indicates the average amount of revenue generated per individual in relation to the overall population.
  • In the luxury jewelry market, Italy's rich artistic heritage and craftsmanship continue to attract affluent consumers seeking timeless and exquisite pieces.

Key regions: India, Singapore, United Kingdom, Italy, China

 
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Methodology

The Luxury Jewelry market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Jewelry industry.

Overview

  • Revenue
  • Key Players
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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