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Jewelry Markets TAM
Key Takeaways
- According to Marketwatch, the global market size for Demi-fine jewelry was worth 178.7 million 2020. The market is forecasted to reach 510.5 million USD by 2026.
- According to a McKinsey research report cited by GJEPC, the global fine-jewelry market was worth $280 billion in 2019.
- According to CNN, the Fine-jewelry market in the United States was worth $5.25 billion in 2020
Introduction
The research brief provides the total addressable market for Demi-fine jewelry and Fine-jewelry in the United States and globally. Unfortunately, the United States market size for Demi-fine jewelry was widely unavailable. Details on our research strategy can be found in the research strategy section of the brief.
Demi-fine jewelry TAM
Global
- According to Marketwatch, the global market size for Demi-fine jewelry was worth 178.7 million 2020. The market is forcasted to reach 510.5 million USD by 2026.
- The Demi-fine jewelry market is growing at a CAGR of 16.0% during 2021-2026.
- Market Insight reports also stated that, the global market size for Demi-fine jewelry was worth 178.7 million US$ in 2020 is expected to reach 510.5 million US$ by the end of 2026.
- According to Verified Market Research, the Demi-fine jewelry market was worth $169.77 Million in 2020 and is projected to grow to $809.32 Million.
US
- According to Market Watch, the US Demi-fine jewelry market is forecasted to grow at a higher speed.
Fine-jewelry TAM
Global
- According to a McKinsey research report cited by GJEPC, the global fine-jewelry market was worth $280 billion in 2019. The market is expected to grow by 3-4% to $340 and $360 billion in 2025.
- According to a 2018 report by jewelry brand Pandora, fine jewelry accounts for 85% of the jewelry industry.
- A news report from Business wire estimates that, the global online Fine Jewelry was forcasted to reach $46.2 Billion by 2020.
US
- According to CNN, the Fine-jewelry market in the United States was worth $5.25 billion in 2020.
Research Strategy
To provide the total addressable market for Demi-fine jewelry and Fine-jewelry in the United States and globally. The research team reviewed market reports, news articles, industry blogs, and articles include Edition CNN, Business Wire,Market Watch, GJEPC, Market Insight, Verified Market Research and more. We found the total addressable market for Demi-fine jewelry globally and Fine-jewelry in the United States and globally. Unfortunately, the United States market size for Demi-fine jewelry was widely unavailable. The team then decided to calculate the market by getting the revenues for the top 5-10 demi-fine jewelry players in the US. we found the top 5 players. However, these players provided their overall revenues which included demi-fine jewelry and other products, making it difficult to estimate the market.
We also tried to find supporting data for the fine-jewelry TAM in the United States and globally. However, all the sources we found that seemed to contain the information were behind paywall. Some of these sources behind paywall include Cognitive Market Research, Digital Journal, Research Market Reports and others.