Market Insights Consumer Luxury Goods Luxury Watches & Jewelry

Luxury Jewelry - India

India

In 2024, the Luxury Jewelry market in India is projected to generate a revenue of INR US$1.70bn.
It is estimated that the market will experience an annual growth rate of 0.15% (CAGR 2024-2028).
When compared to other countries around Worldwide, in China takes the lead in terms of revenue generation, with INR US$14,130m in 2024.
In relation to the total population, each individual in India is anticipated to contribute INR US$1.18 towards the revenue in the Luxury Jewelry market in 2024.
India's luxury jewelry market is experiencing a surge in demand as affluent consumers seek traditional and intricately designed pieces that showcase the country's rich cultural heritage.

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.