The global jewelry market, valued at USD 269.80 billion in 2024, is anticipated to grow at a CAGR of 8.7% from 2025 to 2034, reflecting strong performance across multiple product segments and evolving consumer demand patterns. The market’s segmentation-driven growth is underpinned by product differentiation, application-specific growth, and value chain optimization initiatives that are redefining how jewelry is designed, marketed, and sold across different consumer demographics and use cases.
By product type, necklaces and rings continue to dominate the market, particularly in the bridal and gifting segments. However, earr