As per Research Allied global jewellery market attainted a value of USD 228 billion in the year 2020. The market is further anticipated to grow in the forecast period of 2021-2027 at a CAGR of 5.1% to reach USD 307 billion by 2027.
Jewellery or jewellery consists of small decorative items worn for personal adornment, such as brooches, rings, necklaces, earrings, pendants, bracelets, and cufflinks.
Jewellery and precious gems are considered to be a crucial part of several cultures across the globe. Gems and jewellery hold high ceremonial significance in a plethora of cultures besides being bought as luxury items.
As result of this, the global gems and jewellery market has witnessed substantial growth over the past couple of years. Many leading jewellery brands and companies are focusing on investing sizeable amount of money in the advertising and marketing campaigns for increasing publicity.
This has not only triggered awareness among consumers regarding the structured retail jewellery industry but has also enhanced the perception of jewelleries as a lavish gift item. All these efforts are also aided by the feasible finance schemes which are being offered by several companies to consumers.
By Market Verdors:
Chow Tai Fook Jewellery
LVMH
Rajesh Exports
Richemont
Signet Jewelers
Maria Black
Missoma London
Laura Lombardi
Bar Jewellery
Gaviria
Maria Tash
Katerina Makriyianni
Monica Vinader
Swarovski
Tiffany&Co
Tous
Thomas Sabo
By Types:
Gold
Diamond
Platinum
Gems
Others
By Applications:
Online
Offline
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