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Forecast Year
The Australia Jewellery market size reached USD 3.34 billion in 2023. The market is expected to grow at a CAGR of 2.76% between 2024 and 2032, reaching almost USD 4.26 billion by 2032.
Evolving consumer preferences, fashion trends, and rising marriage rates are aiding the demand for jewellery in Australia
The Australia jewellery demand is influenced by a multitude of factors. Consumer preferences are constantly evolving, with trends in fashion playing a significant role. Disposable income levels also directly impact sales, as jewellery is often considered a discretionary purchase. Additionally, marriage rates, which heavily influence the demand for engagement and wedding rings, can significantly affect specific segments of the market.
Seasonal trends play a significant role in Australian jewellery consumption. Demand tends to spike around gifting occasions like Valentine's Day and Christmas. This coincides with the release of special collections by jewellers, featuring unique pieces designed to appeal to gift-givers.
Australia jewellery market offers multiple options, catering to a diverse range of styles and budgets. Independent shops offer unique, handcrafted pieces by local designers, often featuring innovative designs and use of high-quality materials. Established brands like Prouds, Michael Hill, and Pandora provide a reliable source for classic and trendy pieces. They often carry well-known international brands alongside their own collections.
In February 2024, Malabar Gold and Diamonds announced opening of a new showroom in Sydney. With this expansion, the company boast to have its presence in 13 countries with 340 showrooms, across several countries including India, UAE, Qatar, Kuwait, Oman, KSA, Singapore, and others.
Australia Jewellery Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Material
Market Breakup by End Use
Market Breakup by Distributional Channel
Market Breakup by Region
The Australia jewellery market key players are By Charlotte Pty Ltd., Amber sceats Pty Ltd., Christie Nicolaides, Bulgari Australia Pty Ltd., and Gucci Australia Pty Ltd., among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Material |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at USD 3.34 billion in 2023.
The market is projected to grow at a CAGR of 2.76% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 4.26 billion in 2032.
The market is categorised according to end use, which includes women, men, and children.
The key players are By Charlotte Pty Ltd., Amber sceats Pty Ltd., Christie Nicolaides, Bulgari Australia Pty Ltd., and Gucci Australia Pty Ltd., among others.
Based on the category, the market is divided into gold, diamond, platinum, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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Australia
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+61-448-061-727
India
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+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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