India Gem And Jewellery Market To Grow From USD 43.71 Bn In 2023 To USD 133.96 Bn By 2030

Published: 2025-01-22
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Author: falguni mmr
Published in: Business

India Gem And Jewellery Market To Grow From USD 43.71 Bn In 2023 To USD 133.96 Bn By 2030

Learn about the India Gem and Jewellery Market growth and developments.

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the India Gem and Jewellery Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the India Gem and Jewellery market, with forecasts outspreading to the year 2030.

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Discover how we define the India Gem and Jewellery Market scope and research approach.

The India Gem and Jewellery market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the India Gem and Jewellery market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the India Gem and Jewellery Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The India Gem and Jewellery Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

Uncover the regional opportunities and challenges in the India Gem and Jewellery Market.

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the India Gem and Jewellery market situations in various nations. The India Gem and Jewellery market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

Discover key segments driving the growth of the India Gem and Jewellery Market :

India Gem and Jewellery Market size was valued at USD 43.71 Bn in 2023 and is expected to reach USD 133.96 Bn by 2030, at a CAGR of 17.35 %.

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India Gem and Jewellery Market segmentation :

by Stone Type

Emerald
Ruby
Sapphire
Other

Due to its adaptability and capacity to go well with a wide range of ensembles, earrings continue to enjoy a significant market share in India. Even if they are not as popular as necklaces and rings, earrings are becoming more and more popular among younger consumers as a result of changing fashion trends. Their wide range of uses, from formal events to daily wear, reflects their adaptability and widespread appeal. It is anticipated that the use of earrings would increase significantly due to creative designs and shifting customer tastes for fashionable, lightweight, and eye-catching accessories. This segment is likely to experience an upsurge in dominance, aligning with evolving fashion tastes and the emphasis on individualistic styles. While rings continue to dominate due to cultural significance, necklaces hold their ground with timeless appeal, and earrings show potential for increased dominance

by Product Type

Rings
Necklaces
Earrings
Bracelets
Chains and Pendants
Other

The India Gem and Jewellery Market has varying dominance across several product sectors based on product type. Due to its vast appeal and cultural significance in India, rings and necklaces stand out as the most popular categories, holding significant market shares in the country's gem and jewelry business. Due to their cultural significance and ongoing demand, rings—especially engagement rings—dominate the Indian market. Deeply ingrained in Indian customs, these ornaments represent dedication and help explain their ongoing supremacy. The use of rings goes beyond symbolic gestures; they are crucial in many ceremonies and function as status symbols, underscoring their importance. Because of changing fashion trends and a blend of classic and modern styles, the adoption rate is still high, particularly among younger people. This

by Distribution Channel

Online
Offline

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Learn about the top players driving innovation in the India Gem and Jewellery Market :

1. Tanishq (Titan Company Limited)(Karnataka)
2. Reliance Jewels (Reliance Retail (Maharashtra)
3. PC Jeweller (Delhi)
4. Malabar Gold & Diamonds (Kerala)
5. Kalyan Jewellers (Kerala)
6. Gitanjali Gems (Maharashtra)
7. Joyalukkas (Kerala)
8. Mellora (Karnataka)
9. Aadinath Exports(Rajasthan)
10. Unique Jewellers (Maharashtra)
11. Bello Jewels Star (Delhi)
12. Haaris Real Estates, & Precious Gem & Jewellery (Maharashtra)
13. Gem Mart (India) Pvt. Ltd. (Rajasthan)
14. Gaya Gem & Jewellerytones Pvt Ltd (Bihar)
15. Arihant Silver & Crafts (Rajasthan)
16. Acute Gem & Jewellery (Maharashtra)
17. Sunrise Jewellers (Rajasthan)
18. Stone Art (Rajasthan)
19. Jindal Gem & Jewellery (Rajasthan)
20. Pdm Gem & Jewellery (Rajasthan)
21. Zaheen Jewels Pvt Ltd (Maharashtra)

Get answers to critical questions shaping the India Gem and Jewellery Market

What is India Gem and Jewellery ?
What is the growth rate of the India Gem and Jewellery Market?
Which are the factors expected to drive the India Gem and Jewellery market growth?
What is the CAGR at which the India Gem and Jewellery market will grow during the forecast period?
What are the different segments of the India Gem and Jewellery Market?
Which is the fastest growing region in the India Gem and Jewellery market?
What growth strategies are the players considering to increase their presence in India Gem and Jewellery ?
What are the upcoming opportunities and trends for the India Gem and Jewellery Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the India Gem and Jewellery Market?
Who are the leading companies and what are their portfolios in India Gem and Jewellery Market?
What segments are covered in the India Gem and Jewellery Market?
Who are the key players in the India Gem and Jewellery market?

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Get a closer look at the game-changing products driving success :

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective

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