PUBLISHER: Grand View Research | PRODUCT CODE: 1790323
PUBLISHER: Grand View Research | PRODUCT CODE: 1790323
UK Jewelry Market Size, Share & Trends Analysis Report By Product (Necklace, Ring, Earring, Bracelet), By Material (Platinum, Gold, Diamond), By Distribution Channel (Offline, Online), By End-use (Men, Women), And Segment Forecasts, 2025 - 2033
UK Jewelry Market Summary
The UK jewelry market size was estimated at USD 5.76 billion in 2024 and is to reach USD 9.41 billion by 2033, growing at a CAGR of 5.7% from 2025 to 2033. The market is driven by a growing preference for long-term value, ethical sourcing, and craftsmanship.
Affluent Millennials and Gen Z consumers are investing in fine jewelry for aesthetics and as a form of financial security. Weddings, anniversaries, and personalized gifting also fuel demand. Lab-grown diamonds are soaring in the UK due to compelling ethical and affordability advantages. Lab-grown diamonds may not be "natural," but they are indisputably real, sharing the same physical, chemical, and optical properties as mined stones. They are typically 20-40% cheaper than natural diamonds, allowing consumers to purchase larger or higher-quality gems for the same budget while avoiding the environmental and human rights issues associated with mining. Equipped with advanced HPHT and CVD technologies, these diamonds are indistinguishable from mined ones and are produced with a lower carbon footprint.
Investment-oriented fine jewelry is gaining momentum in the UK as consumers turn to tangible assets during economic uncertainty. Gold, platinum, and high-quality gemstones are increasingly seen as adornments and as "wearable wealth" with lasting value. In 2024, fine jewelry outperformed several other luxury assets, with prices rising over 2%. High-purity gold (22K-24K) remains popular for its liquidity and security. At the same time, rare-colored gemstones like Burmese rubies and Kashmir sapphires are being sought after for their collectible and appreciating value. This trend reflects a growing preference for timeless, value-retaining pieces that offer beauty and financial resilience.
UK Jewelry Market Report Segmentation
This report forecasts revenue growth at country levels and provides an analysis of the latest trends and opportunities in each sub-segment from 2018 to 2033. For this study, Grand View Research has segmented the UK jewelry market report by product, material, distribution channel, and end-use.
- Product Outlook (Revenue, USD Billion, 2018 - 2033)
- Necklace
- Ring
- Earring
- Bracelet
- Others
- Material Outlook (Revenue, USD Billion, 2018 - 2033)
- Platinum
- Gold
- Diamond
- Others
- Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2033)
- Offline Retail Stores
- Supermarkets & Hypermarkets
- Jewelry Stores
- Online Retail Stores
- End-use Outlook (Revenue, USD Billion, 2018 - 2033)
- Men
- Women
- Children
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Material Outlook
- 2.4. Distribution Channel Outlook
- 2.5. End Use Outlook
Chapter 3. UK Jewelry Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration and Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Manufacturing & Technology Trends
- 3.3.2. Sales Channel Analysis
- 3.3.3. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Business Environment Analysis
- 3.5.1. Industry Analysis - Porter's
- 3.6. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
- 4.1. Demographic Analysis
- 4.2. Consumer Trends and Preferences
- 4.3. Factors Affecting Buying Decision
- 4.4. Consumer Product Adoption
- 4.5. Observations & Recommendations
Chapter 5. UK Jewelry Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2024 & 2033
- 5.2. Necklace
- 5.2.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 5.3. Ring
- 5.3.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 5.4. Earrings
- 5.4.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 5.5. Bracelets
- 5.5.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 5.6. Others
- 5.6.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
Chapter 6. UK Jewelry Market: Material Estimates & Trend Analysis
- 6.1. Material Movement Analysis & Market Share, 2024 & 2033
- 6.2. Platinum
- 6.2.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 6.3. Gold
- 6.3.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 6.4. Diamond
- 6.4.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 6.5. Others
- 6.5.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
Chapter 7. UK Jewelry Market: Distribution Channel Estimates & Trend Analysis
- 7.1. Distribution Channel Movement Analysis & Market Share, 2024 & 2033
- 7.2. Offline Retail Stores
- 7.2.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 7.2.2. Supermarkets and Hypermarkets
- 7.2.2.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 7.2.3. Jewelry Stores
- 7.2.3.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 7.3. Online Retail Stores
- 7.3.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
Chapter 8. UK Jewelry Market: End Use Estimates & Trend Analysis
- 8.1. End Use Movement Analysis & Market Share, 2024 & 2033
- 8.2. Men
- 8.2.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 8.3. Women
- 8.3.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
- 8.4. Children
- 8.4.1. Market estimates and forecast, 2018 - 2033 (USD Billion)
Chapter 9. Competitive Analysis
- 9.1. Recent developments & impact analysis, by key market participants
- 9.2. Company Categorization
- 9.3. Participant's Overview
- 9.4. Financial Performance
- 9.5. Product Benchmarking
- 9.6. Company Market Share Analysis, 2024 (%)
- 9.7. Company Heat Map Analysis
- 9.8. Strategy Mapping
- 9.9. Company Profiles
- 9.9.1. Boodle and Dunthorne Limited
- 9.9.1.1. Company Overview
- 9.9.1.2. Financial Performance
- 9.9.1.3. Product Portfolios
- 9.9.1.4. Strategic Initiatives
- 9.9.2. Graff Diamonds Limited
- 9.9.2.1. Company Overview
- 9.9.2.2. Financial Performance
- 9.9.2.3. Product Portfolios
- 9.9.2.4. Strategic Initiatives
- 9.9.3. De Beers Jewellers Ltd
- 9.9.3.1. Company Overview
- 9.9.3.2. Financial Performance
- 9.9.3.3. Product Portfolios
- 9.9.3.4. Strategic Initiatives
- 9.9.4. Tiffany & Co.
- 9.9.4.1. Company Overview
- 9.9.4.2. Financial Performance
- 9.9.4.3. Product Portfolios
- 9.9.4.4. Strategic Initiatives
- 9.9.5. Pandora Jewelry, Inc.
- 9.9.5.1. Company Overview
- 9.9.5.2. Financial Performance
- 9.9.5.3. Product Portfolios
- 9.9.5.4. Strategic Initiatives
- 9.9.6. Monica Vinader
- 9.9.6.1. Company Overview
- 9.9.6.2. Financial Performance
- 9.9.6.3. Product Portfolios
- 9.9.6.4. Strategic Initiatives
- 9.9.7. PNG Jewellery
- 9.9.7.1. Company Overview
- 9.9.7.2. Financial Performance
- 9.9.7.3. Product Portfolios
- 9.9.7.4. Strategic Initiatives
- 9.9.8. Signet Trading Limited
- 9.9.8.1. Company Overview
- 9.9.8.2. Financial Performance
- 9.9.8.3. Product Portfolios
- 9.9.8.4. Strategic Initiatives
- 9.9.9. Astley Clarke Ltd
- 9.9.9.1. Company Overview
- 9.9.9.2. Financial Performance
- 9.9.9.3. Product Portfolios
- 9.9.9.4. Strategic Initiatives
- 9.9.10. Mappin & Webb
- 9.9.10.1. Company Overview
- 9.9.10.2. Financial Performance
- 9.9.10.3. Product Portfolios
- 9.9.10.4. Strategic Initiatives
- 9.9.1. Boodle and Dunthorne Limited
List of Tables
- 1. UK jewelry market - Key market driver analysis
- 2. UK jewelry market - Key market restraint analysis
- 3. UK jewelry market estimates and forecast by product, 2018 - 2033 (USD Billion)
- 4. UK jewelry market estimates and forecast by material, 2018 - 2033 (USD Billion)
- 5. UK jewelry market revenue estimates and forecast by distribution channel, 2018 - 2033 (USD Billion)
- 6. UK jewelry market revenue estimates and forecast by end use, 2018 - 2033 (USD Billion)
List of Figures
- 1. UK jewelry market snapshot
- 2. UK jewelry market segmentation & scope
- 3. UK jewelry market penetration & growth prospect mapping
- 4. UK jewelry market value chain analysis
- 5. UK jewelry market dynamics
- 6. UK jewelry market Porter's Five Forces analysis
- 7. UK jewelry market: Product movement analysis, 2024 & 2033 (%)
- 8. UK Necklace market estimates and forecast, 2018 - 2033 (USD Billion)
- 9. UK ring market estimates and forecast, 2018 - 2033 (USD Billion)
- 10. UK earrings market estimates and forecast, 2018 - 2033 (USD Billion)
- 11. UK bracelets market estimates and forecast, 2018 - 2033 (USD Billion)
- 12. UK other jewelry market estimates and forecast, 2018 - 2033 (USD Billion)
- 13. UK jewelry market: materials movement analysis, 2024 & 2033 (%)
- 14. UK platinum jewelry market estimates and forecast, 2018 - 2033 (USD Billion)
- 15. UK gold jewelry market estimates and forecast, 2018 - 2033 (USD Billion)
- 16. UK diamond jewelry market estimates and forecast, 2018 - 2033 (USD Billion)
- 17. UK others jewelry market estimates and forecast, 2018 - 2033 (USD Billion)
- 18. UK jewelry market: Distribution channel movement analysis, 2024 & 2033 (%)
- 19. UK jewelry market estimates and forecast, through offline retail stores, 2018 - 2033 (USD Billion)
- 20. UK jewelry market estimates and forecast, through hypermarkets and supermarkets, 2018 - 2033 (USD Billion)
- 21. UK jewelry market estimates and forecast, through jewelry stores, 2018 - 2033 (USD Billion)
- 22. UK jewelry market estimates and forecast, through online retail stores, 2018 - 2033 (USD Billion)
- 23. UK jewelry market: End Use movement analysis, 2024 & 2033 (%)
- 24. UK men market estimates and forecast, 2018 - 2033 (USD Billion)
- 25. UK women market estimates and forecast, 2018 - 2033 (USD Billion)
- 26. UK children market estimates and forecast, 2018 - 2033 (USD Billion)
- 27. Key company categorization
- 28. Company market share analysis, 2023
