Industry Background:
Diamond is one of the most beautiful gems among the categories of jewelry stones. A necklace refers to an article of jewelry that is worn around the neck. The diamond necklace is one of the most expensive but beautiful elements to wear. It comes in various designs, shapes, and sizes. The demand for the diamond necklace is rising owing to the rising disposable income and urbanization.This growth is primarily driven by Rise in use of Diamond Necklace Especially For Bridal Use
.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | Unit |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Apparel, Accessories & Luxury Goods sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Swarovski AG (Austria), Monica Vinader (United States), Van Cleef & Arpels (The Netherlands), Buccellati (Italy), Damiani (Italy), TJC (United Kingdom), Tiffany & Co. (United States), Two Tone Jewelry Mfg. Co. (United States), Swatch Group (Switzerland), Richemont (Switzerland), Pandora (Denmark), LVMH Moet Hennessy (France), Luk Fook (Hong Kong), Gitanjali Group (India), Stuller, Inc. (United States), CHANEL (France) and Wanderlust Life (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In October 2019, Richemont has acquired 100% of Buccellati Holding Italia S.p.A., the owner of Buccellati.
In September 2023, Swarovski has launched its lab-grown diamond jewelry collection globally.The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Influencing Trend:
Change in Lifestyle and Living of Standard, Growing Fashion Consciousness Globally and Increase Demand for Customized Diamond Necklaces
Market Growth Drivers:
Rise in use of Diamond Necklace Especially For Bridal Use, Availability of Different Shapes of the Necklace to Enhance Individual Personality and Rise in Disposable Income
Challenges:
Availability of Substitute Such as Gold, Platinum, and Others and Intense Competition Among the Manufacturers
Restraints:
High Cost of Diamond Necklace
Opportunities:
Potential Demand from Emerging Countries and Rising Online Retail Spending for Diamond Necklace
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Diamond Necklace Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Diamond Necklace Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Diamond Necklace players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Diamond Necklace Study Sheds Light on
The Diamond Necklace Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Diamond Necklace industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Diamond Necklace industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.