While jewellery faces negative short-term factors, including the rising costs of raw materials and the recovery of experiential spending, shifting women’s purchasing power, coupled with evolving gift occasions (including self-gifting), will continue to present opportunities for players. Fine jewellery is set to continue to outperform costume jewellery over the forecast period, speaking to ongoing premiumisation.
Moving forward, players in jewellery will have to cater to new consumer groups, including millennials and gen Z, who come with different values and expectations than other generations. For instance, Swarovski is in the midst of a rebrand to position itself as an attainable luxury brand.
Driven by consumers’ increasing concern for environmental issues and preference for sustainably produced products, sustainable and ethical business models will continue growing in importance over the forecast period. There has been a shift towards lab-grown diamonds versus mined diamonds, driven by both price accessibility and growing demand for ethical and transparent sourcing.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Jewellery industry in USA with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Jewellery industry in USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Jewellery is a kind of personal adornment usually made with various precious and semi-precious materials such as gemstones, precious metals, beads, glass, and shells. Jewellery segment as either real or costume jewellery. Hair Accessories are not included as part of Real or Costume jewellery.See All of Our Definitions
This report originates from Passport, our Jewellery research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!