Watches & Jewelry: market data & analysis

Market Insights report

Watches & Jewelry: market data & analysis

This report, part of the Consumer Market Insights reports, provides a comprehensive analysis of the global Watches & Jewelry market, which encompasses both timepieces and decorative ornaments. The market is segmented into Watches, including analog and digital devices worn on the wrist or carried in pockets, and Jewelry, covering items such as rings, necklaces, earrings, and bracelets. It examines revenue trends, including average per capita figures, across online and offline sales channels. Featuring insights into key players known for innovation, brand strength, and robust distribution, this report offers valuable data for understanding market dynamics.

What's included?

  • Market Overview
  • Regional comparison between Asia, Africa, Americas, Europe and Australia & Oceania
  • Country level comparison between China, United States, India, Japan and United Kingdom

Table of contents

The Accessories market comprises wearable, fashionable accessories that complement a person's outfit such as watches, jewelry, suitcases, bags, wallets, handbags and other containers for private end consumers. The market Watches & Jewelry accounted for 72% of the Accessories' revenue in 2023. In 2023, the global Watches & Jewelry market achieved a revenue milestone of US$459.3 billion, and it is projected to grow further, reaching US$479.60 billion in 2024. This market is anticipated to expand at a Compound Annual Growth Rate (CAGR) of 4.65% from 2024 to 2029. China led the global market in 2023, generating the highest revenue at US$128 billion. On a per capita basis, the revenue from the Watches & Jewelry market was approximately US$59.77 in 2023. Notably, the demand for luxury watches and fine jewelry has surged in countries like Switzerland and Italy, driven by their storied heritage and renowned expertise in craftsmanship.
This report from the series of Consumer Market Insights segment reports gives an overview of the Watches & Jewelry market from an international perspective.

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