What is Diamond Earring Market?
Diamonds continue to be valued as the symbol for endless love the world over. Diamond earring is a Piece of jewellery that is worn through a small hole in the earlobe or other parts of the ear. It is used for a special occasion such as marriage, parties, celebrations, and a well-deserved indulgence. Diamond stud earrings are the mark of making a fashionable statement that will stand the test of time. Use of diamond earrings for both casual and formal has increased since the past few decades among the populace has boosted the demand for it.
Highlights from Diamond Earring Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Forevermark Limited (United Kingdom), Zhejiang Ming Jewelry (China), CHOW TAI SENG Jewelry (China), Helzberg Diamonds (United States), Diamonds International Corporation, Chow Tai Fook (Hong Kong), Chow Sang (Hong Kong), Lukfook (Hong Kong), Harry Winston (United States) and LVMH (France) |
Diamond earring market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products to improve quality, enhances and promotes quality, along with try to incorporate latest technology. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA predicts that Hongkong Vendors will contribute to the maximum growth of Global Diamond Earring market throughout the forecasted period.
Forevermark Limited (United Kingdom), Zhejiang Ming Jewelry (China), CHOW TAI SENG Jewelry (China), Helzberg Diamonds (United States), Diamonds International Corporation, Chow Tai Fook (Hong Kong), Chow Sang (Hong Kong), Lukfook (Hong Kong), Harry Winston (United States) and LVMH (France) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Gemfields Group Ltd (United Kingdom), Tairus (Thailand), Ernest Jones (United Kingdom), Two Tone Jewelry Mfg. Co. (United States) and Gemfields Group Ltd (United Kingdom). Diamond Earring Market Segmentation:
Scope | Sub-Segments |
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Diamond Cuts | Round,Asscher,Princess-Cut,Others (Triangular Cuts) |
Earring Backing | Push Backing (Butterfly Backing),Screw Backs,Hangings |
Distribution Channel | Online Retailers,Offline |
Stud Settings | Prong and Basket,Martini Setting |
Ring Shape | Captive Bead Ring,Flesh Plug,Barbell,Others (Circular Barbell) |
Mounting | Helix/cartilage,Daith,Tragus,Snug conch,Lobe,Others (Anti-tragus, Rook ) |
End User | Men,Woman |
On the basis of geography, the market of Diamond Earring 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Trend for Single Ear Piercing Among the Men
Market Growth Drivers:
Increasing Adoption for Branded and Customized Diamond Earrings and The Increasing Purchasing Power among the Populace Is Also Driving Significance of Diamond Earring in the Market
Challenges:
Risk of Chipping or Breaking If Impacted Diamond Is Quit Vulnerable and Delicate Cut of Diamond and the Protection Required
Restraints:
Price Fluctuation of Diamond for the End User Is Not Affordable
Opportunities:
Increasing Demand from Men Populace Has Also Boosted the Opportunity for Growth
Key Target Audience
Manufacturers of Diamond Earring, Raw Material Suppliers, Distributors and Traders, Research Organizations, Government Agencies, Organizations, Forums, Alliances Related to Diamond Weeding Ring and Associations Related to Diamond Weeding Ring
Market Leaders & Development Strategies
In March 2023, Helzberg Diamonds launch of rêve, a lab grown diamond collection that is 100% third-party rated and certified for sustainability. Helzberg Diamonds are first national jewelry retailer to offer lab grown diamonds from 2017. This launch helped company to expand its presence in diamond earring market