Market Overview:
The global Men’s Jewelry market size is expected to reach USD 71,809.77 Million by 2032, exhibiting the CAGR of 8.4% during the forecast period
Men’s jewelry refers to the wide range of accessories designed to embellish, accentuate, and showcase personal style. From classic ornaments such as rings and watches to contemporary options like necklaces and bracelets, men’s jewelry acts as a fashion statement and adds a bit of a personal touch to any outfit. Men’s jewelry can be carved from several metals, including gold, silver, platinum, diamond, steel, tungsten, and forged carbon. Also, it may incorporate other metals such as beads, gemstones, or leather. Along with enhancing aesthetics, men’s jewelry often carries symbolic significance and represents cultural heritage or personal milestones. Whether you buy it online or offline, men’s jewelry offers a multitude of options to complement any outfit or occasion.
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Competitive Landscape
The men’s jewelry market is characterized by the presence of several key players. These firms possess a large customer base and strong business presence across diverse regions. Among the top industry participants include:
- Bernard James
- Buccellati (Compagnie Financière Richemont SA)
- Bulgari (LVMH Moët Hennessy Louis Vuitton SE)
- Cartier (Compagnie Financière Richemont SA)
- Chow Tai Fook Jewellery Company Limited
- Clocks + Colours
- Completedworks
- David Yurman
- Hatton Labs
- Jaxxon
- John Hardy
- le gramme
Segmental Overview:
Men’s Jewelry Market, Product Outlook (Revenue, USD Million, 2019-2032)
- Necklace
- Ring
- Earrings
- Bracelet
- Other Products
Men’s Jewelry Market, Type Outlook (Revenue, USD Million, 2019-2032)
- Silver
- Gold
- Platinum
- Diamond
- Titanium
- Steel
- Tungsten
- Forged Carbon
- Other Types
Men’s Jewelry Market, Category Outlook (Revenue, USD Million, 2019-2032)
- Branded
- Unbranded
Men’s Jewelry Market, Age Outlook (Revenue, USD Million, 2019-2032)
- Below 18 years
- 18-30 years
- 30-50 years
- Above 50 years
Men’s Jewelry Market, Distribution Channel Outlook (Revenue, USD Million, 2019-2032)
- Offline
- Online
- The market is primarily segmented based on product, type, category, distribution channel, age, and region.
- By product analysis, the ring segment has emerged as the dominant segment in the market as it plays an important part in the lives of individuals.
- By type analysis, the gold segment is poised for significant growth as gold is among the most widely used metals in making jewelry.
Recent Developments:
- Swarovski Creates the ‘Galaxy’ Collection (September 2023)
Swarovski Created Diamonds launched the ‘Galaxy’ collection, a stunning line inspired by cosmic phenomena. Designed by Giovanna Engelbert, the global creative director, the collection was introduced in the US and Canada. The pieces feature celestial motifs, blending luxury with a sense of wonder from the universe. - Titan Company Expands Tanishq Jewelry Stores in Gujarat (September 2023)
Titan Company, a part of the Tata Group, revealed plans to open nine more Tanishq jewelry stores in Gujarat, expanding its presence to a total of 28 outlets in the state by the end of the fiscal year. This expansion is part of the company’s broader strategy, which includes exploring international markets like the United States and Australia. - Clocks + Colours Collaborates with August Burns Red (January 2024)
Clocks + Colours, a jewelry brand, teamed up with August Burns Red, a metalcore band, to create the Composure Pendant. Crafted from sterling silver, the pendant measures 25mm by 17mm and is suspended on a 60cm stainless steel curb chain with a 2mm gauge, blending the worlds of music and fashion into a striking accessory.
The market for men’s jewelry has experienced significant changes over the past few years. While it used to focus on wedding bands and cufflinks mainly, it has now expanded to cater to a wider range of styles and preferences. The market’s growth can be attributed to several key trends, including an increased awareness of fashion, greater versatility in design, and evolving depictions of male masculinity in society. Additionally, men are becoming more interested in fashion and accessories to enhance their appearance in various public settings such as offices, parties, and outdoor recreational activities.