Global Luxury Jewelry Market Size & Outlook, 2020-2028

The luxury jewelry industry worldwide is expected to reach a projected revenue of US$ 4,784.0 million by 2028. A compound annual growth rate of -6.5% is expected of the worldwide luxury jewelry industry from 2021 to 2028.
Revenue, 2020 (US$M)
$8,167.3
Forecast, 2028 (US$M)
$4,784.0
CAGR, 2021 - 2028
-6.5%
Report Coverage
Worldwide

Global luxury jewelry market highlights

  • The global luxury jewelry market generated a revenue of USD 8,167.3 million in 2020 and is expected to reach USD 4,784.0 million by 2028.
  • The market is expected to grow at a CAGR (2021 - 2028) of -6.5% by 2028.
  • In terms of segment, diamond accounted for a revenue of USD 2,421.0 million in 2020.
  • Gemstone is the most lucrative raw material segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2020.
  • Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2028.

Global data book summary

Market revenue in 2020USD 8,167.3 million
Market revenue in 2028USD 4,784.0 million
Growth rate-6.5% (CAGR from 2020 to 2028)
Largest segmentDiamond
Fastest growing segmentGemstone
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationGold, Platinum, Diamond, Gemstone, Precious Pearl

Other key industry trends

  • In terms of revenue, the North America accounted for 28.1% of the global luxury jewelry market in 2020.
  • By country, the UK is projected to lead the global market in terms of revenue in 2028.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 2,085.7 million by 2028.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Luxury Jewelry Market Companies

Name Profile # Employees HQ Website

Global luxury jewelry market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to luxury jewelry market will help companies and investors design strategic landscapes.


Diamond was the largest segment with a revenue share of 29.64% in 2020. Horizon Databook has segmented the Global luxury jewelry market based on gold, platinum, diamond, gemstone, precious pearl covering the revenue growth of each sub-segment from 2016 to 2028.


  • Global Luxury Jewelry Raw Material Outlook (Revenue, USD Million, 2016-2028)
    • Gold
    • Platinum
    • Diamond
    • Gemstone
    • Precious Pearl
    • Others
  • Global Luxury Jewelry Product Outlook (Revenue, USD Million, 2016-2028)
    • Necklace
    • Ring
    • Bracelet
    • Earing
    • Others
  • Global Luxury Jewelry Distribution Channel Outlook (Revenue, USD Million, 2016-2028)
    • Online
    • Offline
  • Global Luxury Jewelry Application Outlook (Revenue, USD Million, 2016-2028)
    • Male
    • Female
    • Children

Reasons to subscribe to Global luxury jewelry market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global luxury jewelry market databook

  • Our clientele includes a mix of luxury jewelry market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global luxury jewelry market , including forecasts for subscribers. This global databook contains high-level insights into Global luxury jewelry market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global luxury jewelry market size, by region, 2016-2028 (US$M)

Top 10 countries: Luxury jewelry market size, 2020 (US$M)

Global luxury jewelry market share, by raw material, 2020 & 2028 (%, US$M)

Luxury jewelry market: Opportunity assessment by country

Global luxury jewelry market, by region, 2020 (US$M)

Global luxury jewelry market size, by region, 2016-2028 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more