About Jewellery and Loose Diamond
Jewelry is a personal ornament, such as a ring, bracelet, necklace or any other item made from jewels, precious metals or any other materials. jewelry is made to adorn nearly for every body part from head to toe and since ancient times, it is used for various different reasons and purpose in different cultures and periods. A loose diamond is the end product that started with a rough diamond that came out from the mine. A loose diamond is a diamond that is ready for sale and ready to be mounted on a ring, a pendant, earring or any piece of jewelry. There are also customers who like to hold loose diamonds in a safe for investment purposes.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Jewellery and Loose Diamond is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Jewellery and Loose Diamond 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.
LVMH Moet Hennessy Louis Vuitton (France), Tiffany (United States), Lovenus (China), Richemont Group (Switzerland), Chow Tai Fook (China), Chow Sang Sang Jewellery (China), Swarovski (Austria), Lorenzo (United States), TSL (India) and Kimberlite (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Lukfook (China), Laofengxiang (China), Millenniumstar (Italy) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Jewellery and Loose Diamond market by Type (Jewellery, -Neckles, -Earrings, -Bangles, -Rings, -Others, Loose Diamond, -CVD Diamond, -Oval Cut Diamond, -Radiant and -Others) and Region.
On the basis of geography, the market of Jewellery and Loose Diamond 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 Disturbution Channel, the sub-segment i.e. Online Stores will boost the Jewellery and Loose Diamond market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Price, the sub-segment i.e. Premium will boost the Jewellery and Loose Diamond market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Male will boost the Jewellery and Loose Diamond market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased demand for customized jewelry, and the integration of technology. and Embrace of lab-grown diamonds.
Market Growth Drivers:
widely used for diamond necklace, bracelet and other similar jewelry pieces. and Rising disposable income, evolving consumer preferences for personalized designs, and the symbolism attached to jewelry and loose diamonds propel market growth.
Challenges:
Overcoming negative perceptions about the jewelry industry with regard to ethics. and Environmental concerns.
Restraints:
High cost and affordability issues. and increasing concerns regarding ethical sourcing and sustainability pose limitations.
Opportunities:
Advancements in technology for diamond traceability. and expanding into emerging markets.
Market Leaders and their expansionary development strategies
In June 2022, LVMH acquired a major stake in Israeli lab grown diamond start-up Lusix, joining other investors in a USD 90Millions funding campaign. The investment used to fund the construction of a solar powered diamond facility in Isarel, as well as other business expansion initiatives.
In September 2022, PB Pawan and Jewelry launched loose diamond and gemstone service that includes various loose stones and diamonds for sale at affordable pricing.
Key Target Audience
Jewellery and Loose Diamond Manufacturer, Jewellery and Loose Diamond Provider, Investor, Research and Development, Regulatory Bodies 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.