Jewellery buyers are rewriting the rules, and the shift is showing up everywhere from online carts to lab-grown diamonds. In 2025, the global jewellery market is projected to reach $482.22 billion by 2030 at a 4.7% CAGR, while online jewellery already accounts for 15% of sales worldwide. At the same time, silver and vintage are gaining ground and social media influence is reshaping what gets purchased and why.
Key Takeaways
- 62% of millennials prefer sustainable jewellery.
- 78% of women buy jewellery as self-reward.
- 45% of Gen Z purchases lab-grown diamonds.
- The global jewellery market size was valued at USD 353.32 billion in 2023 and is projected to reach USD 482.22 billion by 2030, growing at a CAGR of 4.7%.
- Jewellery retail sales in the US reached $72.8 billion in 2022.
- The luxury jewellery segment is expected to grow at 6.2% CAGR from 2024 to 2030.
- India produced 800 tonnes of gold jewellery in 2023.
- Global diamond cutting/polishing centres process 90% in India.
- China manufactures 70% of world's fashion jewellery.
- India’s jewellery market share is 25% of global consumption.
- China’s gold jewellery consumption was 725 tonnes in 2023.
- US jewellery market valued at $80 billion in 2023.
- Global retail jewellery sales $340 billion in 2023.
- E-commerce jewellery sales $50 billion in 2023.
- Luxury brand sales $120 billion annually.
Sustainable, ethical and personalized jewellery is surging online, led by lab grown diamonds, social media influence, and vintage trends.
Related reading
01 · Category
Consumer Behavior and Trends18 stats
01
62% of millennials prefer sustainable jewellery.
02
78% of women buy jewellery as self-reward.
03
45% of Gen Z purchases lab-grown diamonds.
04
Online shopping for jewellery increased by 25% in 2023.
05
35% consumers prioritize ethical sourcing in purchases.
06
Men's jewellery purchases up 20% post-pandemic.
07
52% prefer personalized/custom jewellery.
08
Silver jewellery popular among 18-24 age group (40%).
09
68% of buyers influenced by social media.
10
Bridal jewellery accounts for 30% of annual purchases.
11
55% women own lab-grown diamond pieces by 2024.
12
Eco-friendly packaging influences 47% purchases.
13
Vintage styles trending with 28% sales growth.
14
41% prefer minimalist designs in 2023.
15
Gift purchases make 60% of holiday sales.
16
70% trust brand heritage in luxury buys.
17
Second-hand jewellery market up 15%.
18
33% men buy jewellery for themselves.
Interpretation
Consumer Behavior and Trends Interpretation
The modern jewellery industry reveals a fascinating paradox: it's driven by a self-congratulatory yet conscientious consumer who rewards their own ethical awakening with a personalized, sustainably-packaged, and increasingly androgynous sparkle, all discovered online and validated by social media before it even arrives.
02 · Category
Global Market Statistics17 stats
01
The global jewellery market size was valued at USD 353.32 billion in 2023 and is projected to reach USD 482.22 billion by 2030, growing at a CAGR of 4.7%.
02
Jewellery retail sales in the US reached $72.8 billion in 2022.
03
The luxury jewellery segment is expected to grow at 6.2% CAGR from 2024 to 2030.
04
Global gold jewellery demand was 2,093 tonnes in 2023.
05
Diamond jewellery market valued at $89.01 billion in 2022, projected to $120.52 billion by 2030.
06
Online jewellery sales accounted for 15% of total sales in 2023 globally.
07
The silver jewellery market is expected to grow from $42.5 billion in 2023 to $58.9 billion by 2030.
08
Global jewellery exports were valued at $272 billion in 2022.
09
Costume jewellery market size was $33.72 billion in 2023, to reach $49.81 billion by 2032.
10
Bridal jewellery segment held 28% market share in 2023.
11
Men's jewellery market to grow at 8.4% CAGR from 2023-2030.
12
Global pearl jewellery market valued at $10.2 billion in 2022.
13
Jewellery e-commerce market to hit $105.5 billion by 2027.
14
Sustainable jewellery market growing at 7.9% CAGR.
15
Vintage jewellery segment valued at $12.4 billion in 2023.
16
Global lab-grown diamond market reached $25 billion in 2023.
17
Fashion jewellery market size $52.8 billion in 2023.
Interpretation
Global Market Statistics Interpretation
Despite billions spent on symbols of eternal devotion, the market’s true sparkle is a restless, modern alchemy where online carts, lab-grown stones, and men’s bracelets are quietly forging the future of what we value.
03 · Category
Production and Manufacturing18 stats
01
India produced 800 tonnes of gold jewellery in 2023.
02
Global diamond cutting/polishing centres process 90% in India.
03
China manufactures 70% of world's fashion jewellery.
04
Italy produces 15% of luxury jewellery globally.
05
Lab-grown diamonds production doubled to 6 million carats in 2023.
06
Thailand refines 80% of exported gold jewellery.
07
Antwerp handles 80% of rough diamond trade.
08
Recycling supplies 30% of gold for jewellery.
09
3D printing used in 20% of custom jewellery production.
10
Surat, India polishes 90% of world's diamonds.
11
Silver fabrication demand 216 tonnes in 2023.
12
Automation in jewellery manufacturing up 25%.
13
Platinum jewellery fabrication 1.9 million ounces in 2023.
14
Ethical mining certifications cover 40% production.
15
Gemstone cutting centres in Jaipur process 80% coloured gems.
16
Global jewellery manufacturing employs 10 million people.
17
CAD software used by 85% of manufacturers.
18
Waste from production reduced 15% via recycling.
Interpretation
Production and Manufacturing Interpretation
If you trace the glittering life of a modern jewel, you'll find its brilliance is a truly global affair: conceived in Antwerp's deals, sculpted by India's artisans, often dressed in Chinese fashion, occasionally finished with Italian flair, and increasingly born from a lab or reborn from recycled treasure, all while technology quietly revolutionizes the craft behind the scenes.
More related reading
04 · Category
Regional Market Statistics13 stats
01
India’s jewellery market share is 25% of global consumption.
02
China’s gold jewellery consumption was 725 tonnes in 2023.
03
US jewellery market valued at $80 billion in 2023.
04
India exported jewellery worth $37.73 billion in FY 2022-23.
05
UAE gold jewellery demand hit 36 tonnes in 2023.
06
Europe’s jewellery market size $65 billion in 2022.
07
Japan’s jewellery retail sales $15.2 billion in 2022.
08
Thailand’s jewellery exports $8.5 billion in 2022.
09
Middle East jewellery market to grow at 5.3% CAGR to 2028.
10
Brazil’s jewellery consumption $6.8 billion in 2023.
11
Hong Kong jewellery exports $28.4 billion in 2022.
12
Australia’s jewellery market $4.2 billion in 2023.
13
Russia’s gold jewellery production 200 tonnes in 2022.
Interpretation
Regional Market Statistics Interpretation
With India consuming a quarter of the world's sparkle and China's 725-tonne golden appetite leading the weight class, the global jewellery market clearly proves that while all that glitters is not gold, a staggering amount of it absolutely is.
05 · Category
Sales and Retail19 stats
01
Global retail jewellery sales $340 billion in 2023.
02
E-commerce jewellery sales $50 billion in 2023.
03
Luxury brand sales $120 billion annually.
04
Independent retailers hold 40% market share.
05
Department stores jewellery sales down 10%.
06
Pop-up stores boosted sales 18% in 2023.
07
Omnichannel retail 55% of sales.
08
Black Friday jewellery sales $2.5 billion in US.
09
Brand collaborations increased sales 22%.
10
Subscription jewellery boxes 5 million users.
11
AR try-on tools used by 30% online shoppers.
12
Duty-free sales $15 billion.
13
Pawn shops jewellery sales $10 billion US.
14
Direct-to-consumer brands grew 35%.
15
Holiday season 40% of annual retail sales.
16
25% of sales via mobile apps in 2023.
17
Resale platforms sales up 30%.
18
Experiential retail events drive 12% sales.
19
65% of lab-grown diamonds sold online.
Interpretation
Sales and Retail Interpretation
While traditional department stores are slowly sinking like a stone in a display case, the savvy jeweler thrives by blending online magic, pop-up spontaneity, and an experiential touch, proving that today’s market belongs to those who are as multifaceted as their gems.
06 · Category
Sustainability and Innovation16 stats
01
40% jewellery industry uses recycled gold.
02
Lab-grown diamonds reduce carbon footprint by 99%.
03
Blockchain traceability in 20% supply chains.
04
Fairmined gold certified 5% production.
05
Water usage in mining down 30% via tech.
06
3D printing cuts material waste 40%.
07
Recycled silver use up 10% in 2023.
08
Carbon-neutral jewellery brands 15% market.
09
AI optimizes 25% manufacturing energy.
10
Kimberley Process certifies 99.8% diamonds.
11
Vegan alternatives in 10% products.
12
Solar power in factories 35% adoption India.
13
Zero-waste designs 8% sales growth.
14
NFT-linked jewellery 2% market innovation.
15
Biodegradable packaging 50% brands.
16
Regenerative mining pilots 3 mines.
Interpretation
Sustainability and Innovation Interpretation
While the jewellery industry is polishing its conscience with recycled gold and lab-grown diamonds, the real gems are the small but crucial shifts—like blockchain's tentative touch and a 30% drop in mining's thirst—that show we're still untangling a very old, very glittering knot.
Reference
Cite This Report
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APA
Marie Larsen. (2026, February 13). Jewellery Industry Statistics. Gitnux. https://gitnux.org/jewellery-industry-statistics
MLA
Marie Larsen. "Jewellery Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/jewellery-industry-statistics.
Chicago
Marie Larsen. 2026. "Jewellery Industry Statistics." Gitnux. https://gitnux.org/jewellery-industry-statistics.
Sources & references
29 datasets cited across this report · attribution is report-level