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Report Overview
The Latin America jewellery market size was around USD 8.58 Billion in 2024. The market is estimated to grow at a CAGR of 6.40% during 2025-2034 to reach a value of USD 15.96 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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Colombia accounts for 70% to 90% of the world's emerald resources.
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Brazil is recognised as one of the significant countries for providing world-class gemstones including amethyst, ruby, citrine, diamond, sapphire, aquamarine, emerald, quartz, and topaz, among others.
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There is a presence of skilled artisans offering unique and handmade pieces of jewellery in Latin America, allowing consumers to experiment with new designs.
Latin America Jewellery Market Share
Based on material type, gold dominates the Latin America jewellery market share, supported by its durability and high market value
Gold is widely used in making jewellery and is often considered an investment due to its durability and high market value. It can also be handed down to the next generation without facing depreciation.
Gold is resistant to corrosion, rust, and tarnish, which makes it a highly reliable material for making jewellery.
Sterling silver or 925 silver is commonly used for making silver jewellery. It has 92.5 percent pure silver content, and the remaining 7.5 percent is usually copper, though other metals like nickel can also be used. The addition of copper to silver makes it harder and hence easier to work with, without compromising on its brightness.
Latin America Jewellery Market Report Snapshots
Latin America Jewellery Market Size
Latin America Jewellery Market Trends
Latin America Jewellery Market Share
Latin America Jewellery Companies
Latin America Jewellery Market Regional Analysis
*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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Key Questions Answered in the Report
The market attained a value of USD 8.58 Billion in 2024.
The market is estimated to grow at a CAGR of 6.40% during 2025-2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of USD 15.96 Billion by 2034.
The key drivers of the market are increasing disposable incomes, growing technological advancements, and rising demand for personalised jewellery.
The major regional markets are Brazil, Argentina, Mexico, and Chile, among others.
The material types include gold, diamond, platinum, and silver, among others.
The various products include necklace, earrings, rings, and charms and bracelets, among others.
The key players in the market include Vivara Participações S.A, Kering, LVMH Moet Hennessy (Louis Vuitton), Compagnie Financière Richemont SA, Pandora A/S, Morana, HStern Indústria e Comércio SA, Swarovski Group, and Pepe Dominguez Silver Jewelry, among others.
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