PUBLISHER: Grand View Research | PRODUCT CODE: 1941801
PUBLISHER: Grand View Research | PRODUCT CODE: 1941801
The global jewelry market size was estimated at USD 381.54 billion in 2025 and is expected to reach USD 578.45 billion by 2033, growing at a CAGR of 5.5% from 2026 to 2033. The market is primarily driven by rising disposable incomes, evolving fashion trends, and increasing demand for luxury and personalized accessories.
As consumer spending power increases and fashion-conscious populations grow, the demand for fine and fashion jewelry continues to rise. In addition, there is a growing emphasis on sustainability and ethical sourcing, prompting consumers to choose jewelry made from responsibly sourced materials. These trends, along with the influence of digital platforms and e-commerce, are reshaping the global jewelry market and driving its ongoing evolution.
At the premium end, the luxury jewelry market remains a core growth pillar, supported by affluent consumers who view high-end pieces as symbols of status, craftsmanship, and long-term value. Demand for diamond, gold, and platinum jewelry is reinforced by heritage branding, exclusivity, and certified sourcing, with established houses such as Cartier and Tiffany & Co. continuing to shape consumer expectations through refined design and investment-grade positioning. Limited editions and bespoke offerings further strengthen this segment's appeal.
The global jewelry market is driven by a combination of rising consumer demand for luxury jewelry and personalized items, along with rapid technological advancements. Innovations such as 3D printing and smart jewelry are drawing interest from tech-savvy consumers, offering new levels of customization and functionality. For instance, in June 2025, Platinum Guild International announced the introduction of its first 3D printed platinum jewelry collection under 'Tusaire' collection. The product line will feature jewelry made from platinum and titanium, including necklaces, bracelets, rinsh and earrings.
Alongside this, the costume jewelry market plays a critical role in driving volume growth, particularly among younger and price-sensitive consumers. This segment benefits from rapid design cycles, trend-led aesthetics, and affordability, making it well-suited to impulse purchases and seasonal fashion updates. Brands such as Swarovski and Pandora leverage strong omnichannel strategies and influencer-led marketing to keep collections aligned with evolving style trends, reinforcing costume jewelry's position as an everyday fashion accessory.
Moreover, the men's jewelry market is emerging as a distinct growth avenue, reflecting shifting cultural norms around self-expression and personal styling. Men are increasingly adopting rings, chains, bracelets, and personalized pieces as part of everyday wear, rather than limiting jewelry to watches or ceremonial items. This has encouraged both luxury and fashion-focused brands to expand dedicated men's and gender-neutral collections, positioning jewelry as a mainstream accessory within modern male wardrobes.
Global Jewelry Market Report Segmentation
This report forecasts revenue growth at the global, regional and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global jewelry market report based on product, material, distribution channel, end-user, and region.