Market Forecast by Countries (United States, Canada), By Product (Necklace, Ring, Earrings, Bracelet, Others), By Material (Gold, Platinum, Diamond, Others) And Competitive Landscape
Product Code: ETC059442 | Publication Date: May 2021 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Jewellery Market |
Forecast Period | 2025-2031 |
Market Size | USD 150 billion by 2031 |
CAGR | 5.2% |
Growing Sector | Jewellery Sector |
North America Jewellery Market report thoroughly covers the market By Countries, By Product, By Material. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Jewellery Market was valued at USD 100 billion and is expected to reach USD 150 billion, growing at a CAGR of around 5.2% from 2025 to 2031. This growth can be attributed to factors such as increasing disposable income, changing fashion trends, and rising demand for luxury goods. The increasing demand for jewellery among consumers for various occasions such as weddings, festivals, and personal adornment.
North America Jewellery Market Growth can be attributed to several factors, including economic conditions, changing consumer preferences, and evolving fashion trends. As the economy continues to recover and disposable income levels increase, consumers are more willing to spend on luxury items such as jewellery.
According to 6Wresearch, the North America Jewellery Market Size is expected to reach a significant CAGR of 5.2% during the forecast period 2025-2031. One of the key drivers for the growth of the North America jewellery market is the rise in disposable income among consumers. As economies continue to grow and develop, individuals have more spending power which they are willing to allocate towards luxury items such as jewellery. Moreover, with increased job opportunities and higher salaries, consumers are more likely to indulge in high-end jewellery purchases. Another factor contributing to the growth of the North America jewellery market is the changing consumer preferences. The younger generation, commonly known as millennials, are more inclined towards unique and personalized jewellery pieces rather than traditional designs. This shift in consumer demand has led to an increase in demand for custom-made and designer jewellery in the region. Additionally, there has been a rise in popularity for eco-friendly and sustainable jewellery options among consumers, which has further boosted the market growth.
One of the main challenges for the North America jewellery market is the shift in consumer preferences towards more unique and personalized pieces. With consumers becoming more conscious about individuality and self-expression, there is a growing demand for customizable jewellery options. This trend poses a challenge for traditional jewellery brands that have long relied on mass-produced pieces.
North America Jewellery Industry is constantly evolving and adapting to consumer trends. From 2025 to 2031, there are several key trends that are expected to shape the industry in this region. One of the major factors driving change in the North American jewellery market is the increasing demand for sustainable and ethical products. Consumers are becoming more conscious about the environmental and social impact of their purchases, leading them to seek out jewellery made from ethically sourced materials and produced using environmentally friendly practices. Another trend that is expected to continue shaping the market is the rise of e-commerce.
North America Jewellery Market Share is expected to continue its upward trend, providing lucrative investment opportunities for businesses and individuals alike. With steady economic growth, higher disposable income, and changing fashion trends, there is a significant opportunity for investment in the North American jewellery market. One of the key drivers of this market is the increasing demand for personalized and unique pieces of jewellery. Consumers are now looking for more than just traditional designs and are willing to invest in customized pieces that reflect their individual style. This presents an opportunity for investors to tap into the growing trend of personalized jewellery by partnering with designers or investing in companies that offer bespoke services.
The Leading players in North America Jewellery market a few key players that hold a major share of the market. These leading players have established themselves through strong brand reputation, innovative designs, and strategic partnerships. They have also been able to adapt to changing consumer preferences and cater to different market segments effectively. One of the top players in the North American jewellery market is Tiffany & Co., known for its iconic blue box and high-end diamond jewellery. The company has been in the market for over 180 years and has successfully expanded its reach globally. Its strong brand image and commitment to sustainable practices have helped it maintain a loyal customer base.
Government regulations play a crucial role in shaping the North America Jewellery market from 2025 to 2031. These regulations are put in place by governing bodies to ensure fair and ethical practices within the industry, as well as protect consumers from fraudulent activities. One of the main areas of government regulation in the jewellery market is related to product standards and quality control. In order for jewellery products to be sold in North America, they must meet strict guidelines set by regulatory bodies such as the Federal Trade Commission (FTC) and Canadian Jewellers Association (CJA). These guidelines cover aspects such as metal purity, gemstone authenticity, and accurate labelling of products.
The future of the North America jewellery market holds great potential for growth and innovation. As technology continues to advance, new design techniques and materials are emerging, revolutionizing the industry. One key trend in the future of North America's jewellery market is customization. With the rise of 3D printing and other digital technologies, consumers will have a greater ability to personalize their pieces. This allows for unique and one-of-a-kind designs that cater to individual preferences. Future insights refer to predictions or forecasts about the direction and potential growth of the market. These insights are derived from an analysis of various factors such as consumer behaviour, economic indicators, industry trends, and technological advancements.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
The United States is the largest consumer of jewellery in North America, accounting for over 50% of the region’s market share. This can be attributed to its strong economy, high disposable income levels, and cultural significance placed on wearing jewellery as a form of self-expression.
According to Ravi Bhandari, Research Head, 6wresearch, Ring segment holds the largest share in the North America jewellery market. This is due to its popularity among both men and women as a symbol of love and commitment, as well as its versatility in terms of design and price range.
Gold has traditionally been the most popular material for jewellery in North America due to its perceived value and timeless appeal. However, platinum and diamond are also highly sought-after materials, especially for engagement rings and other high-end pieces.
The market report has been segmented and sub-segmented into the following categories:
· United States
· Canada
· Necklace
· Ring
· Earrings
· Bracelet
· Others
· Gold
· Platinum
· Diamond
· Others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Jewellery Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Jewellery Market Revenues & Volume, 2021 & 2031F |
3.3 North America Jewellery Market - Industry Life Cycle |
3.4 North America Jewellery Market - Porter's Five Forces |
3.5 North America Jewellery Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Jewellery Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 North America Jewellery Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 North America Jewellery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Jewellery Market Trends |
6 North America Jewellery Market, 2021 - 2031 |
6.1 North America Jewellery Market, Revenues & Volume, By Product, 2021 - 2031 |
6.2 North America Jewellery Market, Revenues & Volume, By Material, 2021 - 2031 |
7 United States Jewellery Market, 2021 - 2031 |
7.1 United States Jewellery Market, Revenues & Volume, By Product, 2021 - 2031 |
7.2 United States Jewellery Market, Revenues & Volume, By Material, 2021 - 2031 |
8 Canada Jewellery Market, 2021 - 2031 |
8.1 Canada Jewellery Market, Revenues & Volume, By Product, 2021 - 2031 |
8.2 Canada Jewellery Market, Revenues & Volume, By Material, 2021 - 2031 |
9 North America Jewellery Market Key Performance Indicators |
10 North America Jewellery Market - Opportunity Assessment |
10.1 North America Jewellery Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Jewellery Market Opportunity Assessment, By Product, 2021 & 2031F |
10.3 North America Jewellery Market Opportunity Assessment, By Material, 2021 & 2031F |
11 North America Jewellery Market - Competitive Landscape |
11.1 North America Jewellery Market Revenue Share, By Companies, 2021 |
11.2 North America Jewellery Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |