The Jewelry And Watch Stores Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Jewelry And Watch Stores Market?
The market size of the jewelry and watch stores has seen robust growth in recent times. It is projected to increase from $180.98 billion in 2024 to $190.74 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Jewelry And Watch Stores Industry?
The market size for the Jewelry And Watch Stores Global Market Report is forecasted to reach $229.62 billion in 2029, growing at a compound annual growth rate (CAGR) of 4.7%.
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What are the Key Growth Drivers Fueling the Jewelry And Watch Stores Market?
The key drivers in the jewelry and watch stores market are:
• Increase in sustainability and ethical practices within the industry
• Increased demand for customization and personalization in jewelry and watches
• Growth influenced by millennial and Gen Z consumers
• Health and wellness trends impacting the market.
Global Market Segmentation: Identifying Major Jewelry And Watch Stores Industry Segments
The jewelry and watch stores market covered in this report is segmented –
1) By Product: Necklace, Ring, Earrings, Bracelet, Other Products
2) By Category: Branded, Unbranded
3) By Material Type: Silver, Gold, Platinum, Diamond, Other Materials
4) By Price Range: Low Range, Mid-range, Luxury
5) By End-User: Women, Men, Unisex
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What are the Emerging Trends Shaping the Future of the Jewelry And Watch Stores Market?
The key trends in the jewelry and watch stores market are:
• Sustainability and ethical practices are expected to shape the future of the market.
• The trend towards customization and personalization is on the rise.
• The market is being significantly influenced by the rise of millennial and Gen Z consumers.
• Digital transformation and e-commerce are emerging trends in the market.
Who Are the Top Competitors & Leading Players in the Jewelry And Watch Stores Market?
Major companies in the jewelry and watch stores market are:
• LVMH Group
• Compagnie Financière Richemont S.A.
• Kering SA
• Chow Tai Fook Jewellery Group Limited
• Tiffany & Co
• Rolex SA
• The Swatch Group Ltd.
• Signet Jewelers Limited
• Boucheron SAS
• Malabar Gold & Diamonds
• Pandora's Art Jewellery
• Audemars Piguet Holding SA
• Seiko Holdings Corporation
• Swarovski AG
• Patek Philippe SA
• Casio America Inc.
• Bucherer AG
• Fossil Group Inc.
• Mikimoto & Co Ltd.
• Breitling SA
• TAG Heuer SA
• Omega SA
• Chopard Manufacture SA
• Graff Diamonds Limited
• Piaget SA
• Harry Winston Inc.
• Cartier SA
• SHR Jewelry Group
• Buccellati
• Bulgari Parfums S.p.A.
• Hublot SA
• Jaeger-LeCoultre SA
• Vacheron Constantin SA
• IWC International Watch Co Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the jewelry and watch stores market in 2024
