Europe Luxury Jewelry Market Size & Outlook, 2020-2028
Europe luxury jewelry market, 2016-2028 (US$M)
Related Markets
Europe luxury jewelry market highlights
- The Europe luxury jewelry market generated a revenue of USD 2,589.2 million in 2020.
- The market is expected to grow at a CAGR of -19.2% from 2021 to 2028.
- In terms of segment, platinum was the largest revenue generating raw material in 2020.
- Gold is the most lucrative raw material segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 2,589.2 million |
| Market revenue in 2028 | USD 468.8 million |
| Growth rate | -19.2% (CAGR from 2020 to 2028) |
| Largest segment | Platinum |
| Fastest growing segment | Gold |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gold, Platinum, Diamond, Gemstone, Precious Pearl |
| Key market players worldwide | Kering SA, The Swatch Group AG, Compagnie Financiere Richemont SA ADR, Lvmh Moet Hennessy Louis Vuitton SE, Signet Jewelers Ltd, Graff, Chopard International, Mikimoto, Pandora Jewelry Central Western Europe |
Other key industry trends
- In terms of revenue, Europe region accounted for 31.7% of the global luxury jewelry market in 2020.
- Globally, Latin America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 46.0 million by 2028.
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Luxury Jewelry Market Scope
Luxury Jewelry Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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.
Platinum was the largest segment with a revenue share of 33.27% in 2020. Horizon Databook has segmented the Europe luxury jewelry market based on gold, platinum, diamond, gemstone, precious pearl covering the revenue growth of each sub-segment from 2016 to 2028.
The Europe market is expected to account for a revenue share of 9.79% in the global market by 2028. The market has seen a deep plunge in 2020 due to the coronavirus pandemic. Economies in the region, including the U.K., Germany, Sweden, and France have been set back by a renewed surge in infections and COVID-related restrictions, which has negatively affected the luxury jewelry market.
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Target buyers of Europe luxury jewelry market databook
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Our clientele includes a mix of luxury jewelry market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 continent-level data and insights on the Europe luxury jewelry market , including forecasts for subscribers. This continent databook contains high-level insights into Europe luxury jewelry market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Europe luxury jewelry market size, by country, 2016-2028 (US$M)
Europe Luxury Jewelry Market Outlook Share, 2020 & 2028 (US$M)
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