Market Insights Consumer Luxury Goods Luxury Watches & Jewelry

Luxury Jewelry - Southeast Asia

Southeast Asia

In Southeast Asia, the revenue generated in the Luxury Jewelry market reached a significant amount of US$0.52bn in 2024.
It is projected that this market will experience an annual growth rate of 2.77% (CAGR 2024-2028).
When compared globally, in China stands out as the country with the highest revenue, reaching an impressive US$14,130m in 2024.
Taking into account the population figures, the per person revenue in Southeast Asia for 2024 stands at US$0.75.
The demand for luxury jewelry in Singapore has been growing steadily due to the country's affluent population and strong purchasing power.

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.