Global Luxury Jewelry Market Size & Outlook

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.

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Luxury Jewelry Market Scope

Luxury jewelry market segmentation & scope
Gold
Platinum
Diamond
Gemstone
Precious Pearl
Others
Necklace
Ring
Bracelet
Earing
Others
Online
Offline
Male
Female
Children

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

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Target buyers of Global luxury jewelry market databook

  • Our clientele includes a mix of luxury jewelry market companies, investment firms, advisory firms & academic institutions.
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  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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.

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

Top 10 countries: Luxury jewelry market size, 2020 (USD Million)

Top 10 countries: Luxury jewelry market size, 2020 (USD Million)

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

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

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