Market Insights Consumer Luxury Goods Luxury Watches & Jewelry

Luxury Jewelry - Asia

Asia

In 2024, the Luxury Jewelry market in Asia is expected to generate a revenue of US$20.34bn.
This market is projected to grow at an annual rate of 2.84% (CAGR 2024-2028).
Among all the countries Worldwide, in China leads the way with a revenue of US$14,130m in 2024.
When considering the population figures, it can be observed that in 2024, each person in Asia contributes US$4.48 in revenue to the Luxury Jewelry market.
Statement: In Japan, the luxury jewelry market is experiencing a surge in demand for traditional and culturally significant pieces, reflecting the country's rich history and appreciation for craftsmanship.

Key regions: India, Singapore, United Kingdom, Italy, China

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The Luxury Jewelry market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Jewelry industry.