Market Insights Consumer Luxury Goods Luxury Watches & Jewelry

Luxury Jewelry - GCC

In 2024, the revenue in the Luxury Jewelry market in GCC amounts to US$0.55bn.
It is projected that the market will experience an annual growth rate of 2.62% from 2024 to 2028 (CAGR 2024-2028).
When compared globally, in China generates the highest revenue in the Luxury Jewelry market, with US$14,130m in 2024.
Taking into consideration the total population figures, the per person revenue in GCC is US$9.18 in 2024.
The Luxury Jewelry market holds great significance in the GCC region.
The GCC market for luxury jewelry is experiencing a surge in demand due to the region's affluent population and cultural appreciation for opulence.

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.