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Online Jewelry Market size to grow by USD 36.23 billion from 2022 to 2027; Growth driven by the innovation in jewelry design and technology - Technavio

NEW YORK, May 29, 2023 /PRNewswire/ -- The online jewelry market size is estimated to increase by USD 36.23 billion, accelerating at a CAGR of 15.55% during the forecast. The growth of the market is driven by innovation in jewelry design and technology.

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Online Jewelry Market? Market dynamics

Leading drivers - Innovation in jewelry design and technology is the key factor driving the growth of the global online jewelry market. Evolving customer tastes and growing awareness of the availability of different jewelry designs and styles are also driving the purchase of modern designs. These factors push jewelry makers to offer a wide range of jewelry in many collections to attract new customers.

Key trends - Rising sales of fashion jewelry through specialty and fashion e-retailers are the primary trend in the global online jewelry market growth. Specialty retailers selling fashion jewelry enter an online platform to expand their reach and customer base. Additionally, the risks associated with inventory management (or maintaining his SKUs at scale) for fine jewelry are higher than for fashion jewelry.

Major challenges - Customer preference for physical jewelry stores is a major challenge to the growth of the global online jewelry market. Price-sensitive customers in emerging markets prefer to buy expensive jewelry offline. Additionally, buying fine jewelry often takes time, so customers prefer to spend time in offline fine jewelry stores before making a purchase.

In addition to the forecast, the report also highlights the key opportunities by analyzing drivers, trends, and challenges for the market!

Online Jewelry Market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines ?

Online Jewelry Market? Vendor Analysis

Some of the major online jewelry market vendors are:

The online jewelry market is fragmented, with the presence of several global as well as regional vendors. The degree of fragmentation will accelerate during the forecast period.

Vendor offerings -

Online Jewelry Market- Segmentation Assessment

The online jewelry market is segmented as below:

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Technavio's analysis of the online jewelry market also includes:

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Online Jewelry Market Scope

Report Coverage


Historic period


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 15.55%

Market growth 2023-2027

USD 36.23 billion

Market structure


YoY growth 2022-2023(%)


Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 39%

Key countries

US, Canada, China, India, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

CHANEL Ltd., Chow Tai Fook Jewellery Group Ltd., Compagnie Financiere Richemont SA, Graff Diamonds Ltd., Hermes International SA, Kalyan Jewellers India Ltd., Kering SA, Le petit fils de L.U. Chopard and Cie SA, Luk Fook Holdings International Ltd., LVMH Moet Hennessy Louis Vuitton SE, Malabar Gold and Diamonds, Signet Jewelers Ltd., The Swatch Group Ltd., Titan Co. Ltd., Hstern Jewellery Ltd., Pandora Jewelry LLC, PC Jeweller Ltd., Riddles Group Inc., Stuller Inc., and Swarovski AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market Segmentation by Product Type

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com

SOURCE Technavio

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