Size of the luxury watches and jewelry market worldwide 2023

Published by Statista Research Department, Sep 25, 2024
In 2023, the luxury watches market was valued at around 55 billion euros. This was significantly more than the value of the luxury jewelry market that year, which amounted to 29 billion euros worldwide.

Market value of luxury watches and jewelry worldwide in 2023 (in billion euros)

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Release date

January 2024

Region

Worldwide

Survey time period

2023

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Market overview

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International trade

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Materials

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Leading companies

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Further related statistics

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Topics

Jewelry market worldwideApparel market worldwide Global personal luxury goods industryLuxury watch industryMoët Hennessy Louis Vuitton (LVMH Group)
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