Luxury Jewelry Industry Share, Application, Competitor Analysis, Regional Portfolio |Forecast
Market Highlights: Luxury jewelry is a style statement among the consumers, which leads to increasing demand for different styles and designs in the luxury jewelry market size. Implementation of new technologies such as Computer Aided System (CAD) in the jewelry creation is expected to boost the growth of the market. CAD technology helps manufacturers to create new and unique jewelry designs, which in comparison to manual designs is challenging. Hence, shifting trend of consumers towards new and fusion designs is expected to boost the market. Based on type, the global luxury jewelry market size has been segmented into necklace, ring, bracelet, earrings and others. The earring segment accounted for the maximum Luxury jewelry market share in 2017 and is expected to grow at a high rate during the forecast period as there is an increasing fashion trend where women prefer earring as the statement jewelry with their outfit, owing to the factor that earrings are easier to carry and match ...