About Emerald Necklace
Emerald is the bluish green to green variety of beryl, a mineral species that includes aquamarine as well as beryls in other colors. Emeralds have fascinated people since ancient times. Not surprisingly, cultures from all over the world have developed rich folklore around emeralds, and stories of famous emeralds have captivated people for centuries. Emerald is also the birthstone for May as well as the 20th and 35th wedding anniversary stone. Emeralds, with their stunning green hue and rich history, have captivated hearts for centuries. Emerald necklaces, in particular, are timeless pieces that add a touch of luxury and elegance to any outfit. Here's a deeper dive into the world of emerald necklaces. By embracing these strategies and fostering a collaborative spirit, the emerald necklace market can continue to thrive and captivate audiences with its timeless beauty and undeniable allure.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global Emerald Necklace market can witness an upsurge in the forecast period. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Emerald Necklace market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GemsNY, Stauer (United States), BijanAndCo (United States), Wanderlust Life (United Kingdom), TraxNYC Corp. (United States), Two Tone Jewelry Mfg. Co. (United States), Ernest Jones (United Kingdom), The Jewellery Channel (United Kingdom), Juniker Jewelry (United States) and GLAMIRA (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Cartier (France), Bvlgari (Italy), Van Cleef & Arpels (France) and Graff Diamonds (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Emerald Necklace market by Type (Emerald & Diamond Necklace, Emerald & Gold Necklace, Emerald & Silver Necklace and Others), Application (Decoration, Collection and Others) and Region.
On the basis of geography, the market of Emerald Necklace has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Emerald Necklace market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Emerald, the sub-segment i.e. Natural will boost the Emerald Necklace market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Style, the sub-segment i.e. Pendant will boost the Emerald Necklace market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in the Use of Digital Media for Product Marketing and Rising Online Retail Spending for Emerald Necklace
Market Growth Drivers:
Availability of Different Shapes of the Necklace to Enhance Individual Personality and Increase in Living Standards, and Growing Fashion Consciousness Globally
Challenges:
Problem related to Lack of Acceptance in Low and Middle Income Group People
Restraints:
Issue Related to High Cost of Raw Material
Opportunities:
Increase Demand for Customized Emerald Necklace and Potential Demand from Emerging Countries
Market Leaders and their expansionary development strategies
In August 2023, The Emerald Green Foundation collaborates with independent jewelry designers to launch a charity auction featuring unique emerald necklaces, with proceeds supporting environmental conservation efforts in emerald-mining regions.
In November 2023, Tiffany & Co. releases its "Emerald Cascade" collection, featuring delicate emerald strands gracefully flowing down the neckline, reminiscent of falling water.
According to the United States Federal Trade Commission guidelines, disclosure is required of any mode of enhancement that has a significant effect on the gem's value.
Key Target Audience
Emerald Necklace Manufacturers, Emerald Necklace Distributors/Traders/Wholesalers, Industry Association, Downstream Vendors, Raw Material Suppliers, Commercial Research & Development (R&D) Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.