UK Jewelry Market Size & Outlook, 2025-2033
Related Markets
UK jewelry market highlights
- The UK jewelry market generated a revenue of USD 5,760.8 million in 2024 and is expected to reach USD 9,407.8 million by 2033.
- The UK market is expected to grow at a CAGR of 5.7% from 2025 to 2033.
- In terms of segment, ring was the largest revenue generating product in 2024.
- Ring is the most lucrative product segment registering the fastest growth during the forecast period.
Jewelry market data book summary
| Market revenue in 2024 | USD 5,760.8 million |
| Market revenue in 2033 | USD 9,407.8 million |
| Growth rate | 5.7% (CAGR from 2025 to 2033) |
| Largest segment | Ring |
| Fastest growing segment | Ring |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Necklace, Ring, Earring, Bracelet, Other 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, Tiffany & Co, Louis Vuitton, Richemont, Signet Jewelers, Swarovski Group |
Other key industry trends
- In terms of revenue, UK accounted for 1.6% of the global jewelry market in 2024.
- Country-wise, India is expected to lead the global market in terms of revenue in 2033.
- In Europe, Italy jewelry market is projected to lead the regional market in terms of revenue in 2033.
- UK is the fastest growing regional market in Europe and is projected to reach USD 9,407.8 million by 2033.
Ring was the largest segment with a revenue share of 38.08% in 2024. Horizon Databook has segmented the UK jewelry market based on necklace, ring, earring, bracelet, other bracelet covering the revenue growth of each sub-segment from 2021 to 2033.
The U.K. was one of the largest markets for jewelry in Europe. The U.K. is the home for large number of High Net Worth population, which is a crucial factor for the lucrative jewelry market. According to a report published in December 2021 in The Guardian, the number of Ultra High Net Worth Individuals (UHNWIs) in Britain increased by 9.3% over the last year. The number of millionaires is increasing with a significant growth rate opening a new avenue for the jewelry market in the foreseeable future.
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Jewelry Market Scope
Jewelry Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Louis Vuitton | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.louisvuitton.com |
| Richemont | View profile | 10001+ | Geneva, Geneve, Switzerland, Europe | https://www.richemont.com/ |
| Tiffany & Co | View profile | 10001+ | New York, New York, United States, North America | http://www.tiffany.com |
| Swarovski Group | View profile | 10001+ | Wattens, Tirol, Austria, Europe | https://www.swarovski.com/ |
| Malabar Gold and Diamonds | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | http://www.malabargoldanddiamonds.com/ |
| Signet Jewelers | View profile | 10001+ | Akron, Ohio, United States, North America | http://www.signetjewelers.com |
| Compagnie Financiere Richemont SA Class A | View profile | 37117 | 50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, Switzerland, 1293 | https://www.richemont.com |
| Chow Tai Fook Jewellery Group Ltd | View profile | 28400 | 16 - 18 Queen's Road Central, 33rd Floor, New World Tower, Central, Hong Kong, Hong Kong | https://www.ctfjewellerygroup.com |
| Pandora A/S | View profile | 33000 | Havneholmen 17-19, Copenhagen, Denmark, DK-1561 | https://www.pandoragroup.com |
| Graff | View profile | 501-1000 | London, England, United Kingdom, Europe | https://www.graff.com/ |
| Signet Jewelers Ltd | View profile | 27991 | 2 Church Street, Clarendon House, Hamilton, Bermuda, HM11 | https://www.signetjewelers.com |
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192346 | 22, Avenue Montaigne, Paris, France, 75008 | https://www.lvmh.com |
UK jewelry market size, by product, 2021-2033 (US$M)
UK Jewelry Market Outlook Share, 2024 & 2033 (US$M)
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