Market Overview:
The Europe men’s jewelry market size is expected to reach USD 12,911.40 Million by 2032, exhibiting the CAGR of 8.0% during the forecast period.
The European men’s jewelry market’s growth is significantly propelled by the ever-evolving fashion landscape, which plays a pivotal role in driving market dynamics. As fashion trends continually communicate and reflect societal shifts, there has been a notable transformation in the perception of men’s adornments. Moreover, the European market benefits from the proliferation of online retail channels, which provide consumers with extensive access to a diverse array of men’s jewelry styles and options.
Jewellery adorned by men has been an emblem of power, standing, and distinctive utterance for centuries. From earthy bands to complex chains, bracelets, and earrings, each segment of jewelry clasps has its own cultural, historical, and individualized importance. There are no restrictions on the kind of jewelry that a man can adorn. Naturally, there are no conventional rings, necklaces, watches and bracelets. But there is a much broader ambiance of jewelry than just pieces. This includes cuff links, a tie bar, a broach, or an earring for those who discern a bit more venturesome than normal.
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Competition Analysis
The contest in the market is enormous as some of the players are among the popular makers of jewelry commodities or additions. Some of the current players in the market are:
- Buccellati (Compagnie Financière Richemont SA)
- Bulgari (LVMH Moët Hennessy Louis Vuitton SE)
- Cartier (Compagnie Financière Richemont SA)
- Completedworks
- Hatton Labs
- le gramme
- LVMH Group
- PANDORA JEWELRY LLC
- Shaun Leane
- Swarovski
- The Great Frog
- TOM WOOD
Regional Insights
- Germany: This region dominated the Europe men’s jewelry market. The region’s evolution is primarily fuelled by a significant transformation in societal standards progress and fashion tendencies change.
- Italy: The men’s jewelry market in Italy is energetic and zestful, mirroring the country’s opulent legacy in handiwork and design. Italian men have a durable heritage of admiring superior accessories, including jewelry, to indicate their approach and position.
Europe Men’s Jewelry Market, Countries Outlook (Revenue – USD Million, 2019-2032)
- Germany
- Product Outlook
- Necklace
- Ring
- Earrings
- Bracelet
- Other Products
- Type Outlook
- Silver
- Gold
- Platinum
- Diamond
- Titanium
- Steel
- Tungsten
- Forged Carbon
- Other Types
- Category Outlook
- Branded
- Unbranded
- Distribution Channel Outlook
- Offline
- Online
- Age Outlook
- Below 18 years
- 18-30 years
- 30-50 years
- Above 50 years
- Product Outlook
- UK
- Product Outlook
- Necklace
- Ring
- Earrings
- Bracelet
- Other Products
- Product Outlook
Recent Developments in Fine Jewelry
- Mr Porter Expands Fine Jewelry Selection (August 2023)
Mr Porter further invested in its fine jewelry category by expanding its collection with high-end brands like Carolina Bucci, Jacquie Aiche, 42 Suns, Duffy Jewellery, Elhanati, Suzanne Kalan, Lito, Yvonne Léon, and Sydney Evan. This strategic move enhances Mr Porter’s offering of luxury jewelry, providing an exclusive selection for its discerning clientele. - Swarovski Launches Galaxy Collection with IGI-Certified Lab-Grown Diamonds (September 2023)
Swarovski introduced its Galaxy Collection, its first major foray into fine jewelry, in collaboration with IGI (International Gemological Institute). This new line, designed under the creative direction of Giovanna Engelbert, features lab-grown diamonds certified by IGI, marking a milestone in Swarovski’s entry into the fine jewelry market. The collection will be available in flagship stores and key international markets such as Austria, China, South Korea, Japan, the U.K., Italy, France, and the UAE.
The market for men’s jewelry in Europe is continuing to experience steady growth, driven by changing fashion trends, evolving attitudes towards male adornment, and the increasing popularity of accessorizing among men. Consumers in Europe, particularly in countries with strong luxury fashion traditions such as Italy, France, and the United Kingdom, are increasingly accepting and adopting a diverse range of jewelry pieces, including necklaces, bracelets, and rings. To cater to this demand, manufacturers are introducing a diverse collection of men’s jewelry.