Pearl Jewelry Market By Type (Necklace, Earrings, Rings, Others), By Material (Gold, Silver, Others), By Distribution Channel (Offline, Online), By Region, By Competition Forecast & Opportunities, 2024-2032F
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationPearl Jewelry Market By Type (Necklace, Earrings, Rings, Others), By Material (Gold, Silver, Others), By Distribution Channel (Offline, Online), By Region, By Competition Forecast & Opportunities, 2024-2032F
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 13.25 Billion |
| CAGR (2023-2028) | 8.12% |
| Fastest Growing Segment | Online |
| Largest Market | Asia Pacific |
Market Overview
Key Market Drivers
Rising Disposable Income and Affluence
Changing Consumer Preferences
Sustainable and Ethical Practices
Technological Advancements in Pearl Cultivation
E-commerce and Online Retailing
Key Market Challenges
Decline in Natural Pearl Supply
Competition from Other Gemstones
Imitation and Synthetic Pearls
Environmental Concerns and Sustainability
Market Saturation and Price Volatility
Key Market Trends
Sustainable and Ethical Sourcing
Customization and Personalization
Innovative Pearl Varieties and Shapes
Fusion of Pearls with Contemporary Designs
Online and Social Media Marketing
Segmental Insights
Type Insights
Distribution Channel Insights
Regional Insights
Recent Developments
- In 2022, LVHM has completed the acquisition of Pedemonte Group. PedemonteGroup is an Italian-based luxury goods and jewelry business with a presence inboth Italy and France. This acquisition will enable LVHM to broaden its productrange and strengthen its position in the jewelry industry.
- In 2020, Mikimoto, a Japanese fashion brand, has partnered with Commedes Garcons to introduce new products, including necklaces, thus broadening itsproduct range and consumer appeal.
Key Market Players
- K. Mikimoto & Co., Ltd.
- Pearl Jewelry Ito, Inc.
- Isle of Wight Pearl
- Pearl Paradise
- Kailis
- Jewelmer
- CPI Luxury Group Assael
- TASAKI & Co., Ltd.
- Pearl Falco.
- Wing Wo Hing Jewelry Group
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