CO Data
The Size of the Global Jewellery Market
Fashion and luxury jewellery account for about 17% of apparel spending. Fashion jewellery dominates in terms of value, and is set to grow modestly worldwide except in North America.
Globally, consumers spend around $348.5 billion per year on jewellery – accounting for about 17% of all retail apparel spending. That divides roughly into about $306.8 billion for lower-valued fashion jewellery and $41.6 billion for luxury jewellery featuring precious metals and gemstones.
To put this in context, if the jewellery market were a country it would be the 30th largest country by economic activity – roughly the size of the United Arab Emirates economy1.
For fashion jewellery, the m…
Become a PRO Member to access this page
PRO members can access premium content and training, attend exclusive members events, and much more. Unlock resources and tools to help you do fashion better.
Find out more14 May 2018
