Market Insights Consumer Luxury Goods Luxury Watches & Jewelry

Luxury Jewelry

Central & Western Europe

In Central & Western Europe, the revenue generated in the Luxury Jewelry market reached US$2.01bn in 2024.
It is projected that the market will experience an annual growth rate of 1.93% (CAGR 2024-2028).
When compared globally, in China leads the market in terms of revenue, generating US$14,130m in 2024.
Taking into account the total population, the per person revenue in Central & Western Europe amounts to US$5.98 in 2024.
This indicates the significant presence of the Luxury Jewelry market in the region.
In Central & Western Europe, Switzerland's luxury jewelry market is driven by its reputation for precision craftsmanship and high-quality materials.

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.