Dublin, Feb. 15, 2022 (GLOBE NEWSWIRE) -- The "Global Luxury Jewelry Market (2022 Edition) - Analysis By Material (Diamond, Gold, Platinum, Others), Product Type, Distribution Channel, By Region, By Country: Market Insights and Forecast with Impact of Covid-19 (2022-2027) " report has been added to ResearchAndMarkets.com's offering.
The Global Luxury Jewelry Market was valued at USD 46.52 billion in the year 2021
Global Luxury Jewelry Market witnessed healthy growth during the historical period, on account of a significant increase in disposable income of consumers across the globe. Major factors driving sales of Luxury Jewelry products include increasing disposable income levels, changing consumer preferences coupled with the rising population of high net worth individuals.
Additionally, different customs followed by people across the world regarding the adoption of ornaments and gems is further anticipated to boost the purchase of products significantly. The high demand for diamonds, as well as gold, ensures that Jewelry holds its value and will always be easy to liquidate when needed, thus impelling the market growth.
The outspread of coronavirus had a huge impact on the jewelry market. The high-value diamond pieces and the high-end chunky jewelry widely popular in the Middle-East and far-east witnessed a huge downfall. The uncertain economic future caused an imbalance in the sale and export in context with the gem and jewelry industry. The management of key players duly intervened to deal with the crisis.
The rising trend of customization and personalization of jewelry pieces has encouraged several market vendors to offer customization options to their customers. Many vendors are offering a separate option for personalization on their website where customers can customize their rings in terms of the type of material and gemstone and the shape and design of rings.
Over the years, demand for bespoke diamond jewelry has increased significantly, as consumers prefer their own choices to be integrated into the design of wedding and engagement jewelry.
Platinum and gold are the most common settings for diamonds, and the popularity of platinum is estimated to increase significantly in the near future. Moreover, Monobrand stores have been gaining ground at the expense of mail-order players.
The report tracks competitive developments, strategies, mergers and acquisitions and new product development.
The companies analysed in the report include
- Richemont
- LVMH
- Pandora
- Kering
- Signet Jewelers
- Swatch Group
- Chanel
- Buccellati Holding
- Chopard
- Swarovski
Key Topics Covered:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Luxury Jewelry Market: Product Overview
4. Global Luxury Jewelry Market: An Analysis
4.1 Market Size, By Value, Year 2016-2026
4.2 Impact of COVID-19 on Luxury Jewelry Market
4.3 Global Luxury Jewelry Market
5. Global Luxury Jewelry Market Segmentation, By Product Type (Value)
5.1 Global Luxury Jewelry Market Segmentation, By Product Category
5.2 Competitive Scenario of Cosmetics Market: By Product Category (2021 & 2027)
5.3 By Necklace, By Value (USD Million), 2017-2027
5.4 By Ring, By Value (USD Million), 2017-2027
5.5 By Earring, By Value (USD Million), 2017-2027
5.6 By Others, By Value (USD Million), 2017-2027
6. Global Luxury Jewelry Market: Segment Analysis
6.1 Global Luxury Jewelry Market Segmentation, By Material
6.2 Competitive Scenario of Global Luxury Jewelry Market, By Material (2021 & 2027)
6.3 By Diamond, By value (USD Million), 2017-2027
6.4 By Gold, By Value (USD Million), 2017-2027
6.5 By Platinum, By Value (USD Million), 2017-2027
6.6 By Others, By Value (USD Million), 2017-2027
7. Global Luxury Jewelry Market: Segment Analysis
7.1 Global Luxury Jewelry Market: By Distribution Channel
7.2 Competitive Scenario of Global Luxury Jewelry Market- By Distribution Channel (2021 & 2027)
7.3 By Offline Stores, By value (USD Million) 2017-2027
7.4 By Online Store, By value (USD Million) 2017-2027
8. Global Luxury Jewelry Market: Regional Analysis
8.1 Competitive Scenario of Global Luxury Jewelry Market: By Region (2021 & 2027)
9. North Americas Luxury Jewelry Market: An Analysis (2017-2027)
9.1 North America Luxury Jewelry Market- Size and Forecast (2017-2027)
9.2 North America Luxury Jewelry Market: Prominent Companies
9.3 North America Luxury Jewelry Market: Segment Analysis
9.4 North America Cosmetics Market by Product Type, (Necklace, Ring, Earring, Other), By Value
9.5 North America Luxury Jewelry Market by Material, (Diamond, Gold, Platinum, Others), By Value
9.6 North America Luxury Jewelry Market by Distribution Channel, (Offline stores, Online stores), By Value
9.7 North America Luxury Jewelry Market: Country Analysis
9.8 Market Opportunity Chart of North America Luxury Jewelry Market- By Country, By Value (Year-2027)
9.9 Competitive Scenario of North America Luxury Jewelry Market- By Country
9.10 United States Luxury Jewelry Market: Size and Forecast (2017-2027)
9.11 United States Luxury Jewelry Market by Product Type, by Material, by Distribution Channel
9.12 Canada Luxury Jewelry Market: Size and Forecast (2017-2027)
9.13 Canada Luxury Jewelry Market by Product Type, by Material, by Distribution Channel
9. Europe Luxury Jewelry Market: An Analysis (2017-2027)
10. Europe Luxury Jewelry Market
11. Asia Pacific Luxury Jewelry Market: An Analysis (2017-2027)
12. LAMEA Luxury Jewelry Market: An Analysis (2017-2027)
13. Global Luxury Jewelry Market Dynamics
13.1 Global Luxury Jewelry Market Drivers
13.2 Global Luxury Jewelry Market Restraints
13.3 Global Luxury Jewelry Market Trends
14. Market Attractiveness and Strategic Analysis
14.1 Market Attractiveness Chart of Global Luxury Jewelry Market - By Product Type (Year 2027)
14.2 Market Attractiveness Chart of Global Luxury Jewelry Market - By Material (Year 2027)
14.3 Market Attractiveness Chart of Global Luxury Jewelry Market - By Distribution Channel (Year 2027)
14.4 Market Attractiveness Chart of Global Luxury Jewelry Market - By Region (Year 2027)
15. Competitive Landscape
15.1 Market Share of global leading companies
15.2 SWOT Analysis- Global Luxury Jewelry Market
15.3 Porter Five Force Analysis- Global Luxury Jewelry Market
16. Company Profiles (Business Description, Financial Analysis, Business Strategy)
For more information about this report visit https://www.researchandmarkets.com/r/5vnt4p
