UK Luxury Jewelry Market Size & Outlook, 2020-2028

The luxury jewelry market in UK is expected to reach a projected revenue of US$ 2,884.3 million by 2028. A compound annual growth rate of 7% is expected of UK luxury jewelry market from 2021 to 2028.

Revenue, 2020 (US$M)
$1,682.0
Forecast, 2028 (US$M)
$2,884.3
CAGR, 2021 - 2028
7%
Report Coverage
UK

UK luxury jewelry market highlights

  • The UK luxury jewelry market generated a revenue of USD 1,682.0 million in 2020 and is expected to reach USD 2,884.3 million by 2028.
  • The UK market is expected to grow at a CAGR of 7% from 2021 to 2028.
  • In terms of segment, gold was the largest revenue generating raw material in 2020.
  • Platinum is the most lucrative raw material segment registering the fastest growth during the forecast period.

Luxury jewelry market data book summary

Market revenue in 2020USD 1,682.0 million
Market revenue in 2028USD 2,884.3 million
Growth rate7% (CAGR from 2020 to 2028)
Largest segmentGold
Fastest growing segmentPlatinum
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationGold, Platinum, Diamond, Gemstone, Precious Pearl
Key market players worldwideKering 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, UK accounted for 20.6% of the global luxury jewelry market in 2020.
  • Country-wise, UK is expected to lead the global market in terms of revenue in 2028.
  • In Europe, UK luxury jewelry market is projected to lead the regional market in terms of revenue in 2028.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 2,884.3 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

UK 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.


Gold was the largest segment with a revenue share of 31.15% in 2020. Horizon Databook has segmented the UK luxury jewelry market based on gold, platinum, diamond, gemstone, precious pearl covering the revenue growth of each sub-segment from 2016 to 2028.


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

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Target buyers of UK 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 country-level data and insights on the UK luxury jewelry market , including forecasts for subscribers. This country databook contains high-level insights into UK luxury jewelry market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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UK luxury jewelry market size, by raw material, 2016-2028 (US$M)

UK Luxury Jewelry Market Outlook Share, 2020 & 2028 (US$M)

UK luxury jewelry market size, by raw material, 2016-2028 (US$M)

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