The global jewelry market is expected to grow at a CAGR of 4.6% from 2023 to 2030, reaching a valuation of US$ 488.21 billion. Trends include sustainable and ethical sourcing, the rise of lab-grown diamonds, personalization, online sales, smart jewelry, vintage and antique jewelry, statement earrings, gender-neutral designs, and men's jewelry. However, challenges include fluctuating raw material prices, economic downturns, counterfeit products, changing consumer preferences, competition from alternative products, environmental concerns, and skilled labor shortage.

Global Jewelry Market Growth Projections