Global Revenue Jewelry Industry
5 1 2 global jewelry revenue by regions 2015 2020 5 2 north america jewelry sales and growth rate 2015 2020 5 3 europe jewelry sales and growth rate 2015 2020 5 4 asia pacific jewelry sales and.
Global revenue jewelry industry. Fine jewelry saw a 6 increase and total sales of 61 9 billion. Diamond saw a revenue of 27 billion with 40 of the global demand being consumed by the united states. Global jewelry market report 2020 industry analysis size share trends segment and forecasts to 2025 based on 2020 covid 19. The jewelry industry seems poised for a glittering future.
Weak economic conditions force the investors to put their money on gold due to which the price for gold goes up. The lion s share of the jewelry and watch market revenue is attributed to china followed by the united states. For the purpose of this study grand view research has segmented the global costume jewelry market report on the basis of distribution channel type end user and region. In 2019 the global luxury jewelry market amounted to about 21 billion euros.
Fine watch sales saw a 5 8 increase and total sales of 9 4 billion. Global jewelry industry analysis 2019 market growth trends opportunities forecast to 2024 aug 5 2019 business news press press release jewelry market. Alone accounts for almost 70 of the industry revenue. Revenue by jewelry industry segment.
Consumer appetite for jewelry which was dampened by the global recession now appears more voracious than ever. Annual global sales of 148 billion are expected to grow at a healthy clip of 5 to 6 percent each year totaling 250 billion by 2020. Increasing disposable income and innovative jewelry designs offered by manufacturers are anticipated to drive the demand for jewelry over the forecast period. Global demi fine jewelry market 2020 global industry size share revenue business growth demand and applications market research report to 2024 posted on jan 8 2020 6 15 am demi fine jewelry market analyse the global demi fine jewelry market size value volume by company key regions products and end user breakdown data from 2013 to 2017 and forecast to 2024.
Wholesale jewelry suppliers increased 2 4. The global jewelry market size was valued at usd 278 5 billion in 2018 and is anticipated to witness significant growth over the forecast period.