PUBLISHER: MarketLine | PRODUCT CODE: 1384473
PUBLISHER: MarketLine | PRODUCT CODE: 1384473
Global Jewelry & Watches industry profile provides top-line qualitative and quantitative summary information including: market size (value , and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The market Includes gold jewelry, silver jewelry, and other precious jewelry like diamonds, platinum, precious stones (sapphires, emeralds, and rubies), pearls (natural and cultured), semi-precious stones (e.g., quartz, opal, topaz, amethyst, coral, etc.), precious charms, brooches, cufflinks, body jewelry, precious hair accessories/headwear (tiaras) and fine watches.
All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
The global jewelry & watches retail market had total revenues of $612.6 billion in 2022, representing a compound annual growth rate (CAGR) of 4.5% between 2017 and 2022.
The jewelry & watches segment accounted for the market's largest proportion in 2022, with total revenues of $425.9 billion, equivalent to 69.5% of the market's overall value.
Asia-Pacific accounted for the largest share of 49.5% in the global jewelry & watches retail market followed by North America (30.5%), and Europe (13.5%).