Global Luxury Jewelry Market Expected to Reach USD 65.54 billion by 2025


31-may-19 The global luxury jewelry market registering a CAGR of 7.6%, according to a new report. Growing demand for jewelry as an investment and demand for luxury items is expected to boost the overall market over the forecast period. Changing lifestyle and rising usage of jewelry as substitute accessories to denote the style statement as per changing fashion trend is projected to drive the demand further.

Influence of western culture on developing economies, such as India, China, and Bangladesh, along with quick adoption of new cultural trends in these countries is also anticipated to increase the product demand over the next few years. The female application segment is expected to lead the global market from 2019 to 2025 on account of availability of innovative designs and types of jewelry for women. Moreover, growing economic independence of females plays a significant role in the development of this segment.

 Browse Full Research Report With TOC: https://www.radiantinsights.com/research/luxury-jewelry-market

Increasing trend of customized and personalized jewelry products, such as bracelets, chains, rings, and pendants, is also expected to boost the product demand. Asia Pacific accounted for more than 63% of the global market share in 2018 due to multipurpose use of jewelry, such as in various rituals and traditions and for investment purposes, and as fashion trend. New product launches from the leading companies are also expected to propel the luxury jewelry market growth.

Companies in this market focus on making new designs to make their style statement in the market. For example, in February 2019, Harry Winston Co. launched a new segment of jewelry watches for women. Through such innovative products, companies are trying to capture new markets, especially in North America and Europe, and to maintain a their position in the existing markets of developing countries.

 Further key findings from the study suggest:

• Gold-based jewelry was the dominant material segment and is projected to expand further at the highest CAGR of 7.8% from 2019 to 2025 due to high demand, particularly in the developing countries of APAC

• Ring product segment is expected to witness the maximum CAGR of 7.8% from 2019 to 2025 due to rising demand for the product

• Offline distribution channel accounted for the highest market share of 59.39% in 2018 and is likely to maintain the dominance throughout the forecast years as customers emphasize on proper examination of the product before buying it

• Moreover, due to high prices of these products, customers prefer offline channels over any other means of distribution

Request a Sample Copy of This Report: https://www.radiantinsights.com/research/luxury-jewelry-market/request-sample

 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. Segmental Outlook
2.3. Competitive Insights

Chapter 3. Luxury Jewelry Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. 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

 If you have any special requirement, please let us know and we can provide you the report as your requirement.

Comments

Post a Comment

Popular posts from this blog

Elastic Stockings Market Current and Upcoming Projects, and Growth Rate 2013-2028

The global Elastic Stockings market was valued at $XX million in 2018, and Radiant Insights,Inc analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028. This report provides detailed historical analysis of global market for Elastic Stockings from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Elastic Stockings market. Leading players of Elastic Stockings including: Medtronic(Covidien) Sigvaris Medi BSN Medical Juzo 3M Bauerfeind AG Thuasne Corporate Pretty Legs Hosiery Salzmann-Group Paul Hartmann Cizeta Medicali Belsana Medical Gloria Med Zhende Medical Group Maizi TOKO Okamoto Corporation Zhejiang Sameri MD Request a Sample Copy of This Report: https://www.radiantinsights.com/research/2013-2028-report-on-global-elastic-stock
Read more

Global Skin Moisturizers Market Professional and In-Depth Industry Analysis 2018

15-nov-2018 Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Skin Moisturizers in these regions, from 2012 to 2023 (forecast), covering • North America (United States, Canada and Mexico) • Europe (Germany, France, UK, Russia and Italy) • Asia-Pacific (China, Japan, Korea, India and Southeast Asia) • South America (Brazil, Argentina, Columbia) • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Global Skin Moisturizers market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • Merck KGaA • BASF • Res Pharma • Dow Corning Corporation • Croda • Innospec Performance Chemicals • Evonik • KCC Beauty • DSM • Hallstar • Laboratoires Expanscience • AGRANA Starch Request a Sample Copy of This Report:  https://www.radiantinsights.com/resear
Read more

Child Safety Seats Market is Growing at a Remarkable CAGR 2013-2028

The global Child Safety Seats market was valued at $XX million in 2018, and Radiant Insights, Inc analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028. This report provides detailed historical analysis of global market for Child Safety Seats from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Child Safety Seats market. Request a Sample Copy of This Report: https://www.radiantinsights.com/research/2013-2028-report-on-global-child-safety-seats-market/request-sample Leading players of Child Safety Seats including: Graco Britax Recaro Takata Maxi-cosi Chicco Combi Jane BeSafe Concord Aprica Stokke Kiddy Ailebebe Goodbaby Babyfirst Best Baby Welldon Market split by Type, can be divided into: Rearward-facing baby seat Combina
Read more