Retail
The global jewellery market size is expected to exhibit a growth rate (CAGR) of 5.27% during 2024-2032. As per the analysis by IMARC Group, the top companies in the jewellery industry are focusing on technological innovations, such as the integration of blockchain technology to prevent counterfeiting and increase the transparency and traceability of jewellery products, is propelling the market growth. In line with this, the growing investments in e-commerce platforms, which allow customers to browse new designs and order products from the comfort of their homes, are positively influencing the market growth. Additionally, the introduction of cost-effective lab-grown diamonds that offer consistent quality and eliminate the need for mining, deforestation, and habitat destruction is providing an impetus to the market growth. Apart from this, manufacturers are focusing on the utilization of three-dimensional (3D) printing to create intricate and complex designs with high accuracy, which is favoring the market growth. Besides this, the growing consumer interest in sustainable and ethical jewellery, which is produced from eco-friendly processes, recycled metals, and responsibly sourced gemstones, is providing a thrust to the market growth. Moreover, aggressive promotional activities by manufacturers through advertisements, social media campaigns, and celebrity endorsements are acting as another growth-inducing factor. Furthermore, increasing demand for custom jewellery to celebrate special occasions, such as weddings, engagements, anniversaries, birthdays, and graduations, is supporting the market growth. Other factors, including rising expenditure capacities of consumers, extensive research and development (R&D) activities, and the growing demand for luxury and high-end products, are anticipated to drive market growth.
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The global jewellery market has several major players including Buccellati (Compagnie Financière Richemont SA), Chow Tai Fook Jewellery Company Limited, Graff, Harry Winston Inc (The Swatch Group), HStern, LVMH Moët Hennessy Louis Vuitton, Pandora A/S, Rajesh Exports Ltd., Signet Jewelers and Swarovski. More information about these companies has been provided below.
Establishment: |
1919 |
Headquarters: |
Milan, Italy |
Website: |
https://www.buccellati.com/en_us/ |
Buccellati (Compagnie Financière Richemont SA) is an Italian jewellery and luxury watch brand known for its intricate and highly detailed designs. Its product portfolio includes bracelets, rings, necklaces, earrings, pendants, tiaras, cufflinks, and timepieces. The company also offers custom design services to clients seeking bespoke jewellery pieces. Furthermore, it has launched an online website to provide seamless, interactive, and personalized shopping experiences to customers across the globe.
Establishment: |
1929 |
Headquarters: |
Hong Kong, China |
Website: |
http://www.chowtaifook.com/ |
Chow Tai Fook Jewellery Company Limited is a Chinese jewellery retailer that offers a wide range of products manufactured using diamond, jade, gemstones, platinum, and gold. The company also sells and maintains luxury watches in collaboration with brands such as Rolex, Cartier, Omega, Rado, Gucci, and Audemars Piguet. Furthermore, it has opened an online retail platform to expand its market presence, increase sales, and provide convenient shopping experience to customers. Apart from this, the company has also formed multiple partnerships with popular brands to create limited-edition jewellery pieces.
Establishment: |
1960 |
Headquarters: |
London, the United Kingdom |
Website: |
https://www.graff.com/eu-en/home/ |
Graff is a London-based high-end jewellery brand known for its exquisite designs that feature large, rare, and exceptional quality diamonds and other precious stones. Its popular collection includes engagement rings, bands, pendants, bangles, and studded earrings that are based on butterflies, wildflowers, and iconic shapes. The company has also invested in cutting-edge technologies and product innovations to gain an advantage over its competitors. Graff also offers a selection of colored gemstones, including emeralds, rubies, and sapphires, that are carefully handpicked for their exceptional quality and unique characteristics.
Establishment: |
1932 |
Headquarters: |
New York, the United States |
Website: |
http://www.harrywinston.com/ |
Harry Winston Inc (The Swatch Group) is an American luxury watch, and jewellery company known for its exceptional gemstone cutting and polishing techniques. It offers popular themed collections that are inspired by exotic gardens, New York City traffic, candies, lotus, sunflower, and lilies. The company is credited with several inventions, including modern couture jewellery. The products are known for their technical precision, innovative complications, and distinctive aesthetic.
Establishment: |
1945 |
Headquarters: |
Rio de Janeiro, Brazil |
Website: |
http://www.hstern.com.br/ |
HStern is a Brazilian luxury jewellery brand known for using unique gemstones in its products, such as Paraíba tourmaline and the Golden Stones. The company also offers bespoke jewelry services, allowing customers to create custom pieces tailored to their specific preferences. Furthermore, it has developed the cobblestone setting technique that mimics the pattern of handset paving stones in jewellery. Moreover, HStern is dedicated to promoting sustainable practices by using recycled gold and ethically sourced diamonds in its products.
Establishment: |
1987 |
Headquarters: |
Paris, France |
Website: |
http://www.lvmh.com/ |
LVMH Moët Hennessy Louis Vuitton is a French multinational luxury goods conglomerate. Its popular product lineup includes leather bags, purses, perfumes, cosmetics, watches, jewellery, spirits, and wines. The company also offers high-end luxury watches and jewellery under various brands, such as Bulgari, Tiffany & Co., Hublot, Fred, and Chaumet. Furthermore, the products are known for their iconic and bold designs, incorporating precious gemstones, precious metals, and innovative techniques. Moreover, the company focuses on acquisitions and mergers with other renowned jewellery groups to strengthen its market presence and increase production capacity.
Establishment: |
1982 |
Headquarters: |
Copenhagen, Denmark |
Website: |
http://www.pandoragroup.com/ |
Pandora A/S is a Danish jewellery company popular for its hand-finished products, such as charms, bracelets, rings, and necklaces. It also offers value-added services to customers, such as maintenance and repair, custom designs, and product engravings. The company has launched a mobile application, which allows users to conveniently browse its collection and order products online through smartphones. Apart from this, Pandora A/S is also investing in eco-friendly manufacturing processes to enhance brand reputation, build loyalty, save costs, and increase customer engagement.
Establishment: |
1989 |
Headquarters: |
Bengaluru, India |
Website: |
http://www.rajeshindia.com/ |
Rajesh Exports Ltd. is a multinational company (MNC) that specializes in the design, manufacture, and export of gold and diamond jewelry. It offers finely designed products, such as bangles, finger rings, chains, and necklaces through the retail brand name SHUBH Jewellers. The company is invests in advanced manufacturing and refining technologies to boost production, improve recovery, and reduce wastage. Furthermore, Rajesh Exports Ltd. also aims to expand its retail presence by launching an e-commerce platform and establishing new showrooms.
Establishment: |
1949 |
Headquarters: |
Hamilton, Bermuda |
Website: |
https://www.signetjewelers.com/ |
Signet Jewelers is a retailer of fine jewellery and watches made from diamonds, gemstones, and precious metals. The company operates a range of well-known retail brands, including Zales, Kay Jewelers, Jared, Peoples, H.Samuel, and Ernest Jones. It is also involved in multiple partnerships and collaborative projects to expand business coverage, attract new customer base, and increase sales. Furthermore, Signet Jewelers is also incorporating advanced technologies into its manufacturing and supply chain processes to increase efficiency, improve transparency, and boost productivity.
Establishment: |
1895 |
Headquarters: |
Wattens, Austria |
Website: |
http://www.swarovski.com/ |
Swarovski is an Austrian jewellery manufacturing organization specializing in precision-cut crystals, such as diamonds, zirconia, pearls, and colored gemstones. It offers a wide range of luxury and high-end products, such as jewellery, watches, accessories, home décor, and figurines. Swarovski focuses on developing advanced techniques to enhance the brilliance and sparkle of its crystal-based products.
About Author:
Shree Basu Senior Content Writer at IMARC Services Private Limited Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries. |
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