Global Luxury Jewelry Market Size & Outlook, 2020-2028

The global luxury jewelry market size was estimated at USD 8,167.3 million in 2020 and is projected to reach USD 4,784.0 million by 2028, growing at a CAGR of -6.5% 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, 2016-2028 (US$M)

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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 Companies

Name Profile # Employees HQ Website
Pandora Jewelry Central Western Europe View profile - Brundby, Midtjylland, Denmark, Europe -
Mikimoto View profile 501-1000 Tokyo, Tokyo, Japan, Asia http://www.mikimoto.com
Chopard International View profile 1-10 Miami Beach, Florida, United States, North America http://www.chopardinternational.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
Compagnie Financiere Richemont SA ADR View profile 37117 50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, Switzerland, 1293 https://www.richemont.com
The Swatch Group AG View profile 33602 Seevorstadt 6, P.O Box 1232, Bienne, Switzerland, 2501 https://www.swatchgroup.com
Lvmh Moet Hennessy Louis Vuitton SE View profile 192346 22, Avenue Montaigne, Paris, France, 75008 https://www.lvmh.com
Kering SA View profile 49000 40 Rue de Sevres, Paris, France, 75007 https://www.kering.com

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

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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.
  • 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.

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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 distribution channel, 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)

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