According to industry analysis, the market size of the online jewelry industry is projected to increase significantly by 2027, with a high compound annual growth rate (CAGR) expected over the forecast period. This growth is being attributed to a shift in market trends that is driving an increased demand for online jewelry among end-users. As a result, this trend is anticipated to foster growth for both the industry and the market during the forecast period.
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Top Profiled Companies in the Global Handmade Jewelry Market Report:
- Chow Tai Fook Jewellery
- LVMH
- Rajesh Exports
- Richemont
- Signet Jewelers
- Aurum Holding
- Blue Nile
- Emperor Watch & Jewellery
- Gitanjali Gems
- Kering
- Titan
- Tiffany
Dynamic trends and factors:
· Changing Consumer Preferences: With the increasing use of e-commerce platforms, consumers have shown a growing preference for online shopping for jewelry. This trend is driven by factors such as convenience, wider selection, and competitive pricing.
· Technological Advancements: Advancements in technology, including mobile applications, virtual try-on, and 3D printing, have also contributed to the growth of the Handmade Jewelry Market. These innovations have enhanced the customer experience, making it easier to shop for and customize jewelry online.
· Rising Demand for Sustainable and Ethical Jewelry: There is a growing demand for sustainable and ethically sourced jewelry among consumers, which has created an opportunity for online retailers to differentiate themselves and meet this need.
Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Further market segmentation
By Type (Revenue, USD Billion; 2017–2027)
- Fine Jewelry
- Fashion Jewelry
By Sales Channel (Revenue, USD Billion; 2017–2027)
- Business to Consumer (B2C)
- Business to Business (B2B)
Key Takeaways of the Global Handmade Jewelry Market Report:
· A comprehensive overview of the global Online Jewelry industry.
· Accurate market projections in terms of market size, share, and volume.
· Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
· Deep-dive analysis of the upcoming market trends.
· Qualitative and quantitative analyses of the global Handmade Jewelry Market.
· Elaborate study of the leading regional markets in the global Handmade Jewelry Market.
· Complete overview of the market’s competitive landscape.
· Brief look at the company profiles and portfolios.
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