Market revenue in 2023 | USD 4,256.1 million |
Market revenue in 2030 | USD 5,701.1 million |
Growth rate | 4.3% (CAGR from 2023 to 2030) |
Largest segment | Ring |
Fastest growing segment | Ring |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Necklace, Ring, Earring, Bracelet |
Key market players worldwide | Lvmh Moet Hennessy Louis Vuitton SE, Pandora A/S, Chow Tai Fook Jewellery Group Ltd, Compagnie Financiere Richemont SA Class A, Graff, Signet Jewelers Ltd, Malabar Gold and Diamonds |
Ring was the largest segment with a revenue share of 31.14% in 2023. Horizon Databook has segmented the France jewelry market based on necklace, ring, earring, bracelet covering the revenue growth of each sub-segment from 2017 to 2030.
France is one of the largest diamonds market in Europe. Paris is one of the great fashion and luxury capitals of the world. Millennials are attracted to mixing-and-matching luxury products, which has opened opportunities for luxury jewelry brands to push unique luxury jewelry into the market.
Increasing popularity of solitaires, wedding rings, and signet rings in the country is expected to have a positive influence on the demand for jewelry during the forecast period. In addition, growth in the purchase of low-to-mid range jewelry products has driven the opening of independent stores in the country. This will further boost the market.
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