Global Crystal Jewelry
Market Report
2024
Crystal Jewellery Market size will be USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.50 from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Crystal Jewelry Market Report 2024.
According to Cognitive Market Research, from 2024 to 2031, the global market for crystal jewellery is expected to rise at a compound annual growth rate (CAGR) of 5.50%, from a projected USD XX million in 2024.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Crystal Jewelry Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.5% |
North America Crystal Jewelry Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
Europe Crystal Jewelry Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4% |
Asia Pacific Crystal Jewelry Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.5% |
South America Crystal Jewelry Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.9% |
Middle East and Africa South America Crystal Jewelry Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.2% |
Market Split by Type |
|
Market Split by Application |
|
Market Split by Material |
|
Market Split by Sales |
|
Market Split by Price Range |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Crystal Jewelry industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Crystal Jewelry Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A deeper meaning associated with spirituality, such as faith, knowledge, love, or enlightenment, is conveyed through symbols, metals, stones, or designs set into jewellery known as spiritual jewellery. Different kinds of spiritual jewellery have always been an essential component of many cultures around the world, including bracelets, amethyst, chakra jewellery, and tourmaline, among others. With growing consciousness of spirituality and well-being, people are seeking to connect more and more with their inner selves. A wearable symbol of these ideals is offered by spiritual jewellery, which is thought to drive away negative energy from the body through traditional healing techniques. Spiritual jewellery has seen a considerable increase in market value due to the usage of stones and crystals in therapeutic techniques like Reiki and crystal therapy.
Since it is thought to lower stress and despair, encourage good behaviour, and increase confidence, authentic spiritual jewellery is a significant component of prayer, meditation, and chanting. In order to highlight the beliefs and values, it uses symbols with special meanings, such as flowers, chakras, and sacred geometry. Youth are becoming more and more accustomed to wearing spiritual jewellery with their clothes, making this one of the major trends in the spiritual jewellery market.
In March 2023, Creative jewellery designer Cyril Bismuth, who has a strong spiritual and natural connection, unveiled a new line of distinctive and significant items under the Aaron Jah Stone brand.
The availability of spiritual jewellery on many e-commerce sites and company-owned portals increases the product assortments that consumers can choose from, which in turn accelerates the expansion of the spiritual jewellery business. Different age groups find appeal in the assortment of possibilities, which includes rosaries, bracelets, necklaces, pendants, and emblems, among others. Through digital marketing, e-commerce platforms and company-owned websites are bringing in more customers for manufacturers. This makes it easier for them to properly position their items and appeal to a larger client base. Growing digitalization has made knowledge more easily accessible, which has allowed wellness mentors, life coaches, and spiritual gurus to effectively influence large audiences. This has led to an increase in devotional wellness activities, which has further supported market progress.
The emphasis on wellness and mindfulness, according to market research on spiritual Jewellery, is a significant market driver that affects demand for a variety of Jewellery products, including yoga lotus earrings, chakra necklaces, and multi-stone pendants. The market for spiritual Jewellery products related to yoga, meditation, and energy healing is driven by the growing number of individuals engaging in these practices. People are becoming more conscious of the value of mindfulness and reflection as well as the use of spiritual Jewellery to increase confidence thanks to increased exposure to social media and other platforms. Using spiritual gold Jewellery, such as malas, bracelets, beads, and healing gemstones, improves one's overall state of wellness. The market for spiritual Jewellery is greatly boosted by the trendy and attractive designs that its participants offer. The market share of spiritual Jewellery is driven by a number of government initiatives, including free trade agreements, gold monetization plans, and lower jewellery tariffs, which increase exports.
Product tariffs have gone up because to the growing number of nations throughout the world enforcing stringent laws against the import and export of ornamental items. Consequently, this drives up the product's ultimate cost and turns off a lot of customers. Furthermore, the introduction of VAT has reduced consumers' purchasing power, particularly with the July 1, 2020, tripling of the VAT rate. As a result, margins were put under pressure as numerous merchants took the tax in order to continue drawing customers. People are feeling uneasy because of the triple Value-Added Tax (VAT) and the increase in gold prices. Rising gold prices and increasing VAT rates have a negative impact on the wholesale industry, which depends on selling its goods by weight. This puts more pressure on the company's short-term business or profit.
COVID-19 changed lives all throughout the world. There had a notable impact on the market share of crystal therapies worldwide. Different marketplaces were affected by the virus in different ways. Many countries enforced lockdowns. Numerous businesses were affected by the unpredictable pandemic. Due to the rising number of illnesses during the epidemic, restrictions were more stringent. It had an impact on several industries. On the other hand, demand for crystal therapies surged in the market.
A lot of crystal therapy practitioners usually provide in-person, one-on-one or group sessions. However, many practitioners have been forced to postpone or cancel these sessions due to social distancing measures put in place to restrict the spread of COVID-19. As an alternative, some practitioners are using remote or online sessions.
We have various report editions of Crystal Jewelry Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Strategic initiatives including product developments, alliances, and mergers are implemented by key actors. Prioritizing R&D helps businesses introduce cutting-edge products and maintain a competitive edge. Sturdy distribution networks and a commitment to quality standards increase market presence and create an atmosphere where industry leaders are distinguished by their agility and creativity.
In October 2020, LVMH declared that it has reached an agreement to purchase Tiffany & Co. for over $16 billion, with a price reduction from $135 per share to $131.5 per share. The legal proceedings would be dismissed.
(Source: https://www.lvmh.com/news-documents/press-releases/lvmh-reaches-agreement-with-tiffany-co/)
In September 2022, Global jeweller Faith-Heart, which is well-known for its symbolic jewellery, has expanded throughout the United States market and has opened a new official website.
Top Companies Market Share in Crystal Jewelry Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. Because of the large number of millionaires living there, who are the main drivers of the rising demand for opulent goods. In the United States, for example, 18.6 million, or 40% of all millionaires worldwide, are expected to be millionaires, according to the Global Wealth Report 2019. Luxe Pack, the Love Expo, the Luxury Bridal Expo, and other emerging decorations trade exhibitions are also anticipated to fuel market expansion in the area.
The Europe region is witnessing an increase. This is explained by the fact that several of the region's high per capita income countries have a large population that is prepared to spend more on decor items. Because more people are becoming aware of fashion accessories in the men's sector, demand from the men's segment is also rising dramatically in this area. On the other hand, women's high employment rate leads to higher spending since they are more inclined to buy decorative products.
The current report Scope analyzes Crystal Jewelry Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the market for crystal jewellery was anticipated to be worth USD XX million worldwide in 2024, with North America accounting for the largest share of sales with USD XX million. The market is expected to increase at a compound annual growth rate (CAGR) of 3.7% between 2024 and 2031. In North America, Crystal Jewellery sales dominate, because there are a lot of millionaires in the world, who are the main reason behind the rise in the demand for expensive goods. The ring sector in North America is intricately tied to the expanding Crystal Jewellery market. The women's section is thought to be the largest due to manufacturers producing a greater range of goods tailored especially for female consumers. The demand for spiritual jewellery related to yoga, meditation, and energy healing is being driven by an increase in the number of people engaging in these practices, fostering substantial market growth.
According to Cognitive Market Research, with a market value of USD XX million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD XX million. This is due to the fact that several of the region's high per capita income countries encourage individuals to spend more on ornamental goods. The ring segment is dominating in this region because wearing a ring to denote one's engagement or marital status is becoming increasingly common. Also demand from men’s segment is growing in this region significantly because of the growing awareness about fashion accessories in men’s sector. However, given that women are more likely to purchase ornamental goods, the high employment rate of women contributes to an increase in consumption.
According to Cognitive Market Research, the global Crystal Jewellery market size was estimated at USD XX Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. The Asia Pacific region is experiencing growth. This growth can be because of its wide range of religious beliefs, growing e-commerce, and widespread fusion of spiritual jewellery with clothing trends. Among the main drivers of the market are changes in wealth and purchasing power, ethnic significance, and symbolic meaning in rising economies. The necklace and earring segment is dominating the market in this region because of the heavy demand from female population in this sector.
According to Cognitive Market Research, the global Crystal Jewellery market size was estimated at USD XX Million out of which Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031. This region is growing due to the rise in tourism, which is encouraging consumers to spend more money on a variety of goods, such as jewellery and gemstones. Women sector dominates the market for this region Because charms signify femininity and even social rank, women in the region are more passionate about them than men are. Women feel more confident and attractive as a result.
According to Cognitive Market Research, the global Crystal Jewellery market size was estimated at USD XX Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031. In the Middle East, precious jewellery is in style, thus diamonds and other jewels are much sought after. In Middle Eastern culture, gold is seen as a symbol of prosperity and richness, which significantly drives up demand for products in the area. In the Middle East and Africa, necklaces are the most worn jewellery among women. The market is expanding due to millennial trends in necklaces, such as chain link necklaces, pendants, diamond collars and choker necklaces, heavenly and locket necklaces, and charm necklaces. Layering necklaces is also becoming more and more fashionable.
Global Crystal Jewelry Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Crystal Jewelry Industry growth. Crystal Jewelry market has been segmented with the help of its Type, Application Material , and others. Crystal Jewelry market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, ring sector held the major market share over the forecast period. This is because wearing a ring to signal one's marital status and engagement is becoming increasingly common. The ring market's suppliers have been prompted to provide a variety of customisation possibilities by the increasing demand from customers for personalized items.
Bracelets is the fastest-growing category over the forecast period. Bracelets provide a great deal of opportunity for customisation and personalization. To fit their tastes and style, consumers can select from a large variety of styles, materials, and crystal kinds. Bracelets are quite appealing to a wide range of customers because of this personalization feature.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Crystal Jewelry Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the women's category is predicted to be the largest. Because manufacturers are producing a greater range of products tailored exclusively for female consumers. Charms are more beloved by women than by males since they represent femininity and even social standing.
Men is the fastest-growing category over the forecast period. Men are starting to realize how many different accessories, including jewellery, they have at their disposal. As society perceptions change, men are becoming more at ease expressing who they are through the accessories they choose, such as crystal jewellery. Since jewellery is frequently worn by well-known male influencers and celebrities as part of their public persona, men are more likely to see and desire these accessories.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
According to Cognitive Market Research, when it comes to crystal jewellery, the natural segment leads the market. Because of their purported therapeutic benefits and authenticity, stones are highly valued. Some customers think that real crystals have special vibrations and energies that are not present in their manufactured equivalents. are hence in demand of these crystals.
Synthetic is the fastest-growing category over the forecast period. This is so because jewellery made of synthetic crystals is frequently less expensive than jewellery made of real crystals. Because of its affordability, a broader spectrum of customers can purchase it, including those with limited funds or those who might be reluctant to spend more money on more expensive natural pieces.
According to Cognitive Market Research, A substantial portion of the market is occupied by the offline retail sector. Because offline stores have higher conversion rates and customers prefer to try jewellery on before buying it, there is a growing demand for offline retail. Manufacturers in the Middle East and Africa are concentrating on opening physical storefronts in order to increase the reach of their products.
Over the course of the projection period, there is a large expected growth in online retail and e-commerce. Online retail development is driven by rising internet penetration and the growing number of Gen Z and millennials who are willing to shop online. To reach customers who aren't in retail stores, manufacturers are opening online stores.
According to Cognitive Market Research, the Mid-Range category is predicted to be the largest. The jewellery in the mid-range category is made of crystal and provides an equilibrium between cost and quality. Superior materials like gold plating or sterling silver may be used in these items, in addition to semi-precious crystals or gemstones. Since they are reasonably priced, a wider range of consumers can afford them while yet enjoying a high degree of craftsmanship and visual beauty.
Premium segment is the fastest-growing category over the forecast period. Customers looking for luxury and uniqueness in their crystal jewellery purchases are catered to in this market sector. This line of products is made from premium materials such solid gold, platinum, or sterling silver. Rare or premium-grade crystals and elaborate designs are frequently featured.
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Rings, Necklace, Earring, Bracelets, Other |
Application | Men, Woman, Other |
Material | Synthetic , Natural |
Sales | Online , Offline |
Price Range | Premium , Economy , Mid-Range |
List of Competitors | Graff, Bulgari, Harry Winston Inc, Cartier, Van Cleef & Arpels, Buccellati Holding Italia, Tiffany & Co, Piaget SA, K Mikimoto & Co Ltd, Le Petit-Fils de L.-U. Chopard & Cie S.A, Others |
This chapter will help you gain GLOBAL Market Analysis of Crystal Jewelry. Further deep in this chapter, you will be able to review Global Crystal Jewelry Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Crystal Jewelry Market Trends North America Crystal Jewelry Technological Road Map North America Crystal Jewelry Market Drivers North America Crystal Jewelry Market Restraints North America Crystal Jewelry Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Material Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Sales Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 14 Market Split by Price Range Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Crystal Jewelry market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Rings have a significant impact on Crystal Jewelry market? |
What are the key factors affecting the Rings and Necklace of Crystal Jewelry Market? |
What is the CAGR/Growth Rate of Men during the forecast period? |
By type, which segment accounted for largest share of the global Crystal Jewelry Market? |
Which region is expected to dominate the global Crystal Jewelry Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Crystal Jewelry Market
Request Sample