Jewelry Market Set for Steady Growth, Projected to Reach $457.4B by 2035

by Henry

The global jewelry market is projected to experience steady growth, driven by rising demand worldwide. According to a new report by IndexBox, the market is forecast to grow at a CAGR of 1.3% in volume and 2.0% in value from 2024 to 2035.

By the end of 2035, the market is expected to reach a volume of 50K tons and a value of $457.4 billion (in nominal wholesale prices).

The steady growth trend is expected to continue over the next decade, with increasing global consumption of jewelry.

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