Online jewelry market size to grow by USD 27.19 billion from 2021 to 2026: A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio

NEW YORK, Jan. 16, 2023 /PRNewswire/ -- The global online jewelry market size is estimated to increase by USD 27.19 billion from 2021 to 2026. The market's growth momentum will accelerate at a CAGR of 15.39% during the forecast period - request a sample report

Global online jewelry market – Vendor analysis
Vendor offerings -

• Chopard Group - The company offers jewelry in various designs.
• Chow Tai Fook Jewellery Group Ltd. - The company offers jewelry under various collections such as bridal, Christmas, and New Year.
• Compagnie Financiere Richemont SA - The company offers jewelry in geometric shapes and architectural patterns stylized by skilled artisans.
• Titan Company Ltd. - The company offers jewelry om traditional and modern designs of gold, diamond, and platinum.
• For details on vendors and their offerings – Buy the report!

Vendor landscape –

The global online jewelry market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer online jewelry in the market are AURUM, CHANEL Ltd., Chopard Group, Chow Tai Fook Jewellery Group Ltd., Compagnie Financiere Richemont SA, Graff Diamonds Ltd., Hermes International SA, Kalyan Jewellers India Ltd., Kering SA, Luk Fook Holdings International Ltd., LVMH Moet Hennessy Louis Vuitton SE, Malabar Gold and Diamonds, Pan India Charms and Jewellery Pvt. Ltd., PC Jeweller Ltd., Riddles Group Inc., Signet Jewelers Ltd., Stuller Inc., Swarovski AG, The Swatch Group Ltd., and Titan Company Ltd. and others.

The global online jewelry market is significantly competitive. The market players differentiate themselves based on product quality, innovation in jewelry design and style, product pricing, and product portfolio. Vendors adopt several competitive strategies to maintain their position in the market. They also focus on business expansion and product innovation to increase their profit margins and market shares. Evolving e-commerce and social media channels, rising Internet and smartphone penetration, and growing demand among existing users of e-retailing web portals are some of the factors driving this market's growth.

Global online jewelry market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Global online jewelry market - Segmentation assessment

Segment overview
Technavio has segmented the market based on product (fine jewelry and fashion jewelry). 

• The fine jewelry segment will grow at a significant rate during the forecast period. The leading global jewelry manufacturers are entering the online medium through their own web portals and third-party e-retailers. This is increasing the online purchase of fine jewelry. Moreover, the omnichannel integration of product displays encourages jewelry players to attract more customers and increase online traffic for fine jewelry.

Geography overview
Based on geography, the global online jewelry market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global online jewelry market.

• North America will account for 39% of the market's growth during the forecast period. US and Canada are the key contributors to the online jewelry market in the region. Moreover, market growth in this region will be faster than the growth of the markets in Europe and MEA. The changing lifestyles and evolving consumer preferences will drive the online jewelry market growth in North America during the forecast period.

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Global online jewelry market – Market dynamics

Leading drivers - Innovation in jewelry design and technology is driving the growth of the market. Factors such as product line innovations through design and technology integration play a vital role in the online sales of jewelry. Moreover, jewelry manufacturers are widening their collections and expanding online visibility. The use of technology in the jewelry market has increased over the years. The changing preferences of customers and the growing awareness about different designs and styles also fuel the purchase of modern designs. These factors will encourage jewelry manufacturers to offer a wide variety of jewelry to attract new customers.

Key trends - Increase in the adoption of an omnichannel strategy is a key trend in the market. Vendors are integrating their offline-online presence by implementing the omnichannel strategy in their business models to expand their customer bases and increase their revenue. Changing shopping patterns, evolving online purchasing behavior, and the rise in the number of digitally driven customers are encouraging jewelry manufacturers to shift toward online retailing, which will support market growth.

Major challenges - The preference for physical jewelry stores is challenging the market's growth. In developing markets, price-sensitive customers prefer to shop offline for expensive fine jewelry. For instance, in developing countries such as India, many customers do not shop for expensive jewelry online. Moreover, many customers try the products before making a purchase. Such customer preferences can limit the growth of the global online jewelry market.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find some insights from a sample report!

What are the key data covered in this online jewelry market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the online jewelry market between 2022 and 2026
• Precise estimation of the size of the online jewelry market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the online jewelry market across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of online jewelry market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments 
• Exhibit 24: Chart on Product - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product 
• Exhibit 26: Chart on Comparison by Product
• Exhibit 27: Data Table on Comparison by Product

• 5.3 Fine jewelry - Market size and forecast 2021-2026
• Exhibit 28: Chart on Fine jewelry - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Fine jewelry - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Fine jewelry - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Fine jewelry - Year-over-year growth 2021-2026 (%)

• 5.4 Fashion jewelry - Market size and forecast 2021-2026
• Exhibit 32: Chart on Fashion jewelry - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Fashion jewelry - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Fashion jewelry - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Fashion jewelry - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Product 
• Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Canada - Market size and forecast 2021-2026
• Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
• Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 India - Market size and forecast 2021-2026
• Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.13 Italy - Market size and forecast 2021-2026
• Exhibit 82: Chart on Italy - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Italy - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Italy - Year-over-year growth 2021-2026 (%)

• 7.14 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 CHANEL Ltd. 
• Exhibit 93: CHANEL Ltd. - Overview
• Exhibit 94: CHANEL Ltd. - Business segments
• Exhibit 95: CHANEL Ltd. - Key offerings
• Exhibit 96: CHANEL Ltd. - Segment focus

• 10.4 Chopard Group 
• Exhibit 97: Chopard Group - Overview
• Exhibit 98: Chopard Group - Product / Service
• Exhibit 99: Chopard Group - Key offerings

• 10.5 Chow Tai Fook Jewellery Group Ltd. 
• Exhibit 100: Chow Tai Fook Jewellery Group Ltd. - Overview
• Exhibit 101: Chow Tai Fook Jewellery Group Ltd. - Business segments
• Exhibit 102: Chow Tai Fook Jewellery Group Ltd. - Key offerings
• Exhibit 103: Chow Tai Fook Jewellery Group Ltd. - Segment focus

• 10.6 Compagnie Financiere Richemont SA 
• Exhibit 104: Compagnie Financiere Richemont SA - Overview
• Exhibit 105: Compagnie Financiere Richemont SA - Business segments
• Exhibit 106: Compagnie Financiere Richemont SA - Key offerings
• Exhibit 107: Compagnie Financiere Richemont SA - Segment focus

• 10.7 Graff Diamonds Ltd. 
• Exhibit 108: Graff Diamonds Ltd. - Overview
• Exhibit 109: Graff Diamonds Ltd. - Product / Service
• Exhibit 110: Graff Diamonds Ltd. - Key offerings

• 10.8 Kering SA 
• Exhibit 111: Kering SA - Overview
• Exhibit 112: Kering SA - Business segments
• Exhibit 113: Kering SA - Key offerings
• Exhibit 114: Kering SA - Segment focus

• 10.9 LVMH Moet Hennessy Louis Vuitton SE 
• Exhibit 115: LVMH Moet Hennessy Louis Vuitton SE - Overview
• Exhibit 116: LVMH Moet Hennessy Louis Vuitton SE - Business segments
• Exhibit 117: LVMH Moet Hennessy Louis Vuitton SE - Key news
• Exhibit 118: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
• Exhibit 119: LVMH Moet Hennessy Louis Vuitton SE - Segment focus

• 10.10 Signet Jewelers Ltd. 
• Exhibit 120: Signet Jewelers Ltd. - Overview
• Exhibit 121: Signet Jewelers Ltd. - Business segments
• Exhibit 122: Signet Jewelers Ltd. - Key offerings
• Exhibit 123: Signet Jewelers Ltd. - Segment focus

• 10.11 The Swatch Group Ltd. 
• Exhibit 124: The Swatch Group Ltd. - Overview
• Exhibit 125: The Swatch Group Ltd. - Business segments
• Exhibit 126: The Swatch Group Ltd. - Key offerings
• Exhibit 127: The Swatch Group Ltd. - Segment focus

• 10.12 Titan Company Ltd. 
• Exhibit 128: Titan Company Ltd. - Overview
• Exhibit 129: Titan Company Ltd. - Business segments
• Exhibit 130: Titan Company Ltd. - Key offerings
• Exhibit 131: Titan Company Ltd. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 132: Inclusions checklist
• Exhibit 133: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 134: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 135: Research methodology
• Exhibit 136: Validation techniques employed for market sizing
• Exhibit 137: Information sources

• 11.5 List of abbreviations 
• Exhibit 138: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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