Market Insights Consumer Luxury Goods Luxury Watches & Jewelry

Luxury Jewelry - Hong Kong

Hong Kong

In Hong Kong, the revenue generated in the Luxury Jewelry market in 2024 amounts to US$2.96bn.
It is projected that the market will experience an annual growth rate of 1.16% (CAGR 2024-2028).
When compared globally, in China leads the way in terms of revenue generation, with US$14,130m in 2024.
Taking into account the population figures, the per person revenue generated in Hong Kong in 2024 is US$0.39k.
Despite current economic challenges, luxury jewelry sales in Hong Kong remain strong due to the city's status as a global hub for high-end shopping and its affluent customer base.

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.