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Global Jewelry Retail Market Set for Significant Growth by 2028 April 04, 2023 (0 comments)


New York, NY--The global jewelry retail market is poised for substantial growth through 2028, according to an Advance Market Analytics research report. 

[Image via AMA Research & Media LLP]

The study highlights new market trends, drivers, restraints, and opportunities, revealing an industry fueled by increased R&D spending worldwide.

Key market players profiled include Harry Winston Inc (United States), Chopard (Switzerland), Pandora Jewelry LLC. (United States), Chow Tai Fook Jewellery Company Limited (Hong Kong), Tiffany & Co (United States), Rajesh Exports Ltd (India), Cartier International SNC (France), Signet Jewelers Limited (Bermuda), and LVMH Moet Hennessy (France).

The report shows that custom jewelry creation has significantly impacted the jewelry retail market. The industry benefits from rising disposable income, consumer spending power, and the inclination towards luxury goods. 

Emerging opportunities include incorporating GPS tracking technology in jewelry and increased research and development activities. The rising popularity of manufacturers incorporating technology with ornaments is a notable market trend. However, the market faces challenges such as intense competition. The study covers regions worldwide and analyzes the jewelry retail market by type, distribution channel, end-user, and material type.

The report is structured to understand the jewelry retail market's dynamics, including drivers, trends, challenges, and opportunities. It also analyses market factors such as Porter's Five Forces, supply/value chain, PESTEL analysis, market entropy, and patent/trademark data.

The study aims to evaluate the market by segments, countries, and manufacturers, focusing on revenue share and sales across key regions from 2023 to 2028. 

Learn more in this report.

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