Market Insights Consumer Luxury Goods Luxury Watches & Jewelry

Luxury Jewelry - China

China

In 2024, the Luxury Jewelry market in China generated a revenue of US$14.13bn.
It is projected to experience an annual growth rate of 3.09% (CAGR 2024-2028).
When compared to other countries worldwide, in China stands as the top revenue generator in the Luxury Jewelry market, with US$14.13bn in 2024.
Considering the total population, the per person revenue in China for 2024 is US$9.86.
China's growing middle class and increasing disposable income have led to a surge in demand for luxury jewelry.

Key regions: India, Singapore, United Kingdom, Italy, China

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Methodology

The Luxury Jewelry market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Jewelry industry.