Market Insights Consumer Luxury Goods Luxury Watches & Jewelry

Luxury Jewelry - Brazil

Brazil

In Brazil, the revenue generated in the Luxury Jewelry market in 2024 amounts to US$161.70m.
It is projected that the market will experience an annual growth rate of 0.64% (CAGR 2024-2028).
When compared globally, in China generates the highest revenue in this segment, reaching US$14,130m in 2024.
Considering the total population figures, per person revenues of US$0.74 are expected in 2024.
The Luxury Jewelry market is a significant contributor to the economy of Brazil.
Despite its economic challenges, Brazil's luxury jewelry market continues to thrive, with a growing demand for unique, handcrafted pieces that reflect 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.