Gems and Jewelry Market
                     Gems and Jewelry Market Size, Future Forecast, Key Manufactures And Industrial Opportunities 
To 2026
Gems and jewelry consists of various jewelries that are made out of gold, platinum, gemstones, 
and others. Gems and jewelry is one of the fastest growing markets, as it holds customary values 
in several cultures across the globe. Several leading companies are aiming on investing in the 
marketing, advertising, and launching of new showrooms for increasing publicity and expanding 
their presence in the market. For instance, in 2017, Kalyan Jewelers planned to invest US$ 75 
million to add 15 new showrooms to their on-going expansion in Eastern and Northern regions of
India.
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 Globa l  Gems and Jewelry Market Taxonomy 
By Product Type
•Gold Jewelry
•Diamond Jewelry
•Platinum Jewelry
•Others
By Distribution Channel
•Specialty Stores
•Online Stores
•Others
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Global Gems and Jewelry Market Outlook
•Asia Pacific dominated the global gems and jewelry market in 2016 with India and China
leading the market growth. According to the Gem and Jewelry Export Promotion Council,
India’s exports of 75% of the world’s polished diamonds rose from US$ 11.16 billion in
2004-05  to  US$  22.78  billion  in  2016-17.  According  to  IBEF  (India  Brand  Equity
Foundation) 2018, gems and jewelry sector plays a significant role in the Indian economy
contributing up to 7 percent of  the country’s  GDP and 15.7 percent to India’s  total
exports.
•North America witnessed significant growth in the gems and jewelry market with U.S.
dominating the market in the region. The growth is attributed by the higher income levels
in the U.S., which translates into higher demand for personal consumption of items such
as diamond jewelry. The U.S also has one of the highest gold allocations as a percentage
of its foreign reserves.
•Middle East  witnessed significant  growth in the gems and jewelry market  with GCC
countries  fueling  the  market  growth  in  this  region.  According  to  National  Bank  of
Fujairah, UAE’s diamond financing industry has grown by around 200% from US$ 500
million in 2010 to US$ 1.5 billion in 2017.
Large retailers are merging with top clothing designers to create statement jewelry, as fashion is
changing rapidly. For instance, in 2015, Narciso Rodriguez collaborated with the Brazilian jeweler
Ana Khouri,  and Christophe Lemaire and Sarah-Linh Tran collaborated with the Los Angeles
jeweler Sophie Buhai. In 2017, Swarovski collaborated with 11 Indian designers including Rohit
Bal, JJ Valaya Suneet, Verma, and others who got their products launched in Swarovski stores.  
Major players in the global gems and jewelery market include Chow Tai Fook (Holdings) Limited,
Compagnie Financière Richemont, Jewelry Group, Signet Jewelers, Emperor Watch & Jewelery
Ltd., Blue Nile, Zale Titan, Gitanjali Group, Tiffany & Company, and others.
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