China: luxury jewelry market revenue 2019-2029

The revenue in the 'Luxury Jewelry' segment of the luxury goods market in China was forecast to continuously increase between 2024 and 2029 by in total 20.4 billion U.S. dollars (+42.62 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 68.24 billion U.S. dollars and therefore a new peak in 2029.

Find more in-depth information regarding the revenue concerning the prestige cosmetics segment of the luxury goods market in the Philippines and the revenue concerning the luxury leather goods segment of the luxury goods market worldwide.

The Statista Market Insights cover a broad range of additional markets.

Revenue of the luxury jewelry market in China from 2019 to 2029 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

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. Accordingly, jewelry from smaller companies or artisanal production unaffiliated with the companies covered are not included.

Additional Information:

The shown market data are based on an analysis of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. All data is shown at retail value, which includes markups for retail distribution and sales taxes.

LVMH’s Tiffany as well as Richemont’s Cartier, Van Cleef & Arpels and Piaget are examples of household brand names in this sector, which is otherwise characterized by jewelers’ own brands, with Lao Feng Xiang, Titan, Chow Sang Sang and Luk Fook examples of the biggest players in this field.

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