Luxury Jewelry - Lebanon

• in Lebanon, a country known for its rich history and culture, has experienced significant growth in the Luxury Jewelry market.
• In 2024, the revenue in this segment amounted to US$9.50m.
• Looking ahead, the market is expected to grow annually by -1.51%, according to the compound annual growth rate (CAGR) projected for the period 2024-2028.
• When compared to other countries on a global scale, it is worth noting that in China generates the highest revenue in the Luxury Jewelry market, reaching a staggering US$14,130m in 2024.
• This demonstrates the immense market potential and demand for luxury jewelry products in China.
• In Lebanon, the revenue generated per person in the Luxury Jewelry market is noteworthy.
• In 2024, each individual contributes approximately US$1.82 in revenue to this sector.
• This figure reflects the level of interest and purchasing power of the Lebanese population when it comes to luxury jewelry.
• Overall, the Luxury Jewelry market in Lebanon is thriving, with significant revenue numbers and a positive growth outlook.
• The country's unique cultural heritage and affluent consumer base contribute to its success in this market segment.
• Lebanon's luxury jewelry market is thriving, with a focus on intricate designs that blend traditional Middle Eastern craftsmanship with contemporary aesthetics.

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