The Global Jewelry Market size is expected to reach USD 462.56 Billion in 2028 and register a revenue CAGR of 5.3% over the forecast period, according to a latest report by Reports and Data. Market revenue growth is primarily driven by increase in consumer preference towards affordable and fashionable jewelry. Major changes in customer behavior and purchasing patterns and rising adoption of western lifestyle are other factors boosting revenue growth of the market. Shifting consumer preference towards lightweight and customized jewelry is also expected to boost popularity of distinct collections such as regular or daily wear, work wear and fashion wear. Growing customer base of wealthy class and upper-middle class in developing countries is expected to drive demand for jewelry. Rise in disposable income in countries such as India is another factor driving demand for jewelry.
The latest industry analysis report by Reports and Data, titled ‘Global Jewelry Market,’ carefully studies the global Jewelry industry and primarily focuses on its core mechanism and major factors influencing industry growth. The Jewelry industry report explains the most important aspects of industry including key dynamics such as drivers, restraints, opportunities, threats, challenges, and several micro-economic and macro-economic factors. The report serves as a valuable source of information on the Jewelry industry and throws light on its intensely competitive scenario, drawing readers’ focus on the key business growth strategies employed by the key market players. The report’s precise market projections are based on historical, current, and future market contexts. Additionally, the report highlights the forecast global market value, upcoming market trends, gross revenue generation, manufacturer and buyer landscape, available products & services, technological breakthroughs, and end-use industries.
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Major players in the market include:
Some Key Highlights From the Report
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For the purpose of this report, Reports and Data has segmented the global jewelry market based on material type, product, mode of sale, and region:
Material Type Outlook (Revenue, USD Billion; 2018-2028)
Product Channel Outlook (Revenue, USD Billion; 2018-2028)
Mode of Sale Outlook (Revenue, USD Billion; 2018-2028)
Regional Outlook (Revenue, USD Billion; 2018-2028)
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The Jewelry Market Report Offers:
Comprehensive study of the market segmentation and recent developments
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