Global Pearl Jewelry Market to Reach US$ 31.9 Billion by 2032, Facilitated by Increasing Influence of Social Media

April 14, 2023 | Retail

According to the latest report by IMARC Group, titled "Pearl Jewelry Market Report by Pearl Type (Freshwater, Saltwater), Type (Necklace, Earrings, Rings, and Others), Material (Gold, Silver, and Others), and Region 2024-2032," the global pearl jewelry market size reached US$ 11.8 Billion in 2023. Pearl is a natural gemstone formed inside living shelled mollusks, such as oysters and mussels. It is used to produce jewelry like rings, necklaces, earrings, bracelets, and pendants worn for personal adornment. It is made by shaping, refining, and crafting small or big-size pearls fixed in various patterns and designs. It helps in adding a touch of sophistication and refinement to any outfit. Nowadays, key players operating worldwide are offering customized pearl jewelry in terms of design, color, and material to meet the requirements of the consumer. 


Global Pearl Jewelry Market Trends: 

The increasing adoption of pearl jewelry as a gift on special occasions, including birthdays and anniversaries, represents one of the major factors augmenting the market growth around the world. Moreover, the rising influence of social media, changing fashion and aesthetic trends, and the flourishing fashion industry are contributing to the market growth. In addition, the growing self-consciousness among the masses to improve their overall appearance is influencing the market positively. Apart from this, the increasing use of computer aided technology in jewelry designing to make more accurate and precise designs is favoring the growth of the market. Furthermore, the easy availability of pearl jewelry across e-commerce platforms with the wider collection is creating a positive outlook for the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 31.9 Billion by 2032, exhibiting a CAGR of 11.3% during 2024-2032.


Market Summary:

  • On the basis of the pearl type, saltwater holds the largest market share, followed by freshwater.
  • Based on the type, the market has been categorized into necklace, earrings, rings, and others.
  • On the basis of the material, the market has been segmented into gold, silver, and others.
  • Region wise, the market has been divided into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico and others); and the Middle East and Africa. Amongst these, Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others) enjoys the leading position in the market.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include American Pearl Company Inc, Atelier Mon, Chandrani Pearls, Chow Tai Fook Jewellery Company Limited, Dogeared Inc, Majorica Pearl, Mikimoto, Misaki, Shop TJC Limited, Tanishq Titan Company Ltd., Tasaki & Co. Ltd, The Pearl Source, and Tiffany and Co. (LVMH Moët Hennessy Louis Vuitton).

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Pearl Types Covered Freshwater, Saltwater
Types Covered Necklace, Earrings, Rings, Others
Materials Covered Gold, Silver, Others
Regions Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered American Pearl Company Inc, Atelier Mon, Chandrani Pearls, Chow Tai Fook Jewellery Company Limited, Dogeared Inc, Majorica Pearl, Mikimoto, Misaki, Shop TJC Limited, Tanishq Titan Company Ltd., Tasaki & Co. Ltd, The Pearl Source, Tiffany and Co. (LVMH Moët Hennessy Louis Vuitton), etc.
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Global Pearl Jewelry Market to Reach US$ 31.9 Billion by 2032, Facilitated by Increasing Influence of Social Media
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