USD 228.23 Million in 2024; projected USD 535.21 Million by 2033; CAGR 9.88%.

Egypt Luxury Fashion & Jewelry Market valued at USD 3.5 Bn, driven by rising disposable incomes and middle class growth, with Jewelry leading segment and Women as top end-users.

The Egyptian imitation jewellery market rose notably to $18M in 2024, picking up by 9.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a abrupt curtailment.

USD 262.97 Million in 2024; projected USD 481.98 Million by 2033; CAGR 6.96%.

USD 131.32 Million in 2024; projected USD 284.43 Million by 2033; CAGR 8.88%.

Statistics illustrates market overview of non-silver precious metal non-jewelry articles in Egypt from 2007 to 2024.

USD 112.44 Million in 2024; projected USD 288.37 Million by 2033; CAGR 11.09%.

Jewelry Price in Egypt - 2023. Find the latest marketing data on the IndexBox platform.

USD 0.92 Billion in 2024; projected USD 1.37 Billion by 2033; CAGR 4.54%.

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Jewelry Market Size 2024-2028

The jewelry market size is forecast to increase by USD 107.9 billion, at a CAGR of 5.45% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing demand for jewelry as gifts and the expanding acceptance of jewelry among men. This trend is fueled by cultural shifts and evolving consumer preferences, creating a favorable market landscape for businesses. Moreover, the growing acceptance of gems and jewelry among men, expanding beyond traditional roles as gifts for women, is broadening the market base. However, the market faces a substantial challenge with the increasing availability of counterfeit jewelry. This issue poses a threat to both consumers and legitimate businesses, as it undermines trust and quality standards. Companies must invest in robust anti-counterfeiting measures and collaborate with industry organizations to combat this challenge effectively. By focusing on authenticity and quality, businesses can differentiate themselves in the market and capitalize on the growing demand for jewelry.
Additionally, expanding product offerings to cater to the increasing acceptance of jewelry among men and exploring innovative marketing strategies can further bolster growth opportunities. Overall, the market presents a dynamic and promising landscape for businesses, offering potential for growth and innovation while navigating the challenges of counterfeiting.

What will be the Size of the Jewelry Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, with dynamic market activities unfolding across various sectors. Brick-and-mortar stores face increasing competition from e-commerce platforms, as online retailers offer convenience and a wider selection of jewelry types. However, the tactile experience of trying on jewelry in person remains a draw for many consumers. Costume jewelry maintains its popularity, with mass-produced pieces often incorporating the latest trends. Meanwhile, fine jewelry, including engagement rings and wedding bands, continues to be a significant market, with consumers seeking quality and craftsmanship. Technological advancements, such as 3D printing and CAD/CAM design, are transforming the jewelry industry.

Conflict-free diamonds and ethical sourcing are becoming increasingly important, as consumers demand transparency and sustainability. Jewelry care is a constant concern, with consumers seeking out jewelry insurance, repair services, and cleaning solutions. Antique jewelry and estate pieces also remain popular, with collectors and enthusiasts seeking authenticity and history. Jewelry distributors and luxury jewelry brands cater to different market segments, with statement pieces and sustainable materials gaining traction. Watches, including those with complications, remain a staple in the market. Jewelry manufacturing processes, such as bezel setting, pavé setting, channel setting, and prong setting, continue to evolve, with handcrafted and recycled metals gaining popularity.

Jewelry auctions offer collectors and investors a chance to acquire rare and unique pieces. The market is a continually evolving landscape, with consumers seeking quality, sustainability, and innovation. From precious metals and diamonds to costume jewelry and watches, the market caters to a diverse range of preferences and budgets.

How is this Jewelry Industry segmented?

The jewelry industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Distribution Channel

  Specialist retailers
  Online


Material

  Gold
  Diamond
  Others


Product Type

  Rings
  Necklaces & Pendants
  Earrings
  Bracelets
  Watches
  Cufflinks
  Brooches


End-User

  Men
  Women
  Children


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Distribution Channel Insights

The specialist retailers segment is estimated to witness significant growth during the forecast period.

The market encompasses various segments, including metal alloys, jewelry repair, pavé and channel setting, jewelry appraisal, cad/cam design, wedding bands, handcrafted jewelry, carat weight, jewelry design, sustainable jewelry, estate jewelry, jewelry care, brick-and-mortar stores, costume jewelry, bezel setting, fine jewelry, jewelry insurance, 3D printing, conflict-free diamonds, antique jewelry, e-commerce platforms, jewelry distribu

Snapshot img

Diamond Jewelry Market Size 2025-2029

The diamond jewelry market size is valued to increase USD 18.77 billion, at a CAGR of 3.2% from 2024 to 2029. Innovation in terms of design and manufacturing technology will drive the diamond jewelry market.

Major Market Trends & Insights

North America dominated the market and accounted for a 44% growth during the forecast period.
By Product Type - Rings segment was valued at USD 50.40 billion in 2023
By Distribution Channel - Specialty stores segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 28.47 billion
Market Future Opportunities: USD 18773.30 billion
CAGR : 3.2%

Market Summary

The market represents a dynamic and continually evolving industry, driven by advances in core technologies and applications, service types, and product categories. Technological innovations in design and manufacturing processes, such as the use of computer-aided design (CAD) and 3D printing, are revolutionizing the industry. Additionally, the increasing adoption of omnichannel strategies by retailers is expanding market reach and enhancing customer experience. However, the market faces challenges, including the presence of counterfeit products in the e-retailing space, which undermines consumer trust and brand reputation.
The market size was valued at over 80 billion US dollars in 2020, and it is expected to grow further as consumers continue to seek unique, high-quality pieces. These trends and dynamics highlight the ongoing evolution of the market and the opportunities and challenges that lie ahead.

What will be the Size of the Diamond Jewelry Market during the forecast period?

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How is the Diamond Jewelry Market Segmented and what are the key trends of market segmentation?

The diamond jewelry industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product Type

  Rings
  Necklaces
  Earrings
  Bangles
  Pendants


Distribution Channel

  Specialty stores
  Department stores
  Discounters
  Online retailers
  Others


Type

  Natural
  Lab-grown


End-User

  Women
  Men
  Unisex


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Product Type Insights

The rings segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving the market, rings continue to dominate with a significant market share in 2024. Major players, such as Harry Winston, Tanishq, and Malabar Gold and Diamonds, cater to diverse customer needs with extensive offerings. For instance, Tanishq provides over three thousand designs for diamond rings, ensuring a wide range of choices for consumers. The luxury segment is experiencing growth as companies target high-end customers with premium products. The increasing affluence of the middle class, particularly during weddings and celebrations, fuels the demand for these luxury offerings. Companies are responding by introducing advanced technologies and techniques to enhance their product offerings.

For example, jewelry design software and 3D printing technology enable the creation of intricate designs, while laser inscription technology allows for personalized engravings. In the realm of diamond quality assessment, color grading systems, clarity characteristics assessment, and inclusion mapping technology play crucial roles. These technologies help ensure the authenticity and value of diamonds, contributing to the overall growth of the market. Furthermore, ethical sourcing practices and conflict-free diamonds are becoming increasingly important to consumers, driving the adoption of certification standards such as GIA and AGS. The market for diamond jewelry is also witnessing advancements in setting methods, with tension setting and prongs setting styles gaining popularity.

Precious metal alloys, such as gold karat purity, are used to enhance the durability and appearance of jewelry pieces. Additionally, techniques like electroplating and metal finishing processes contribute to the overall aesthetic appeal of the products. Looking ahead, the industry anticipates continued growth, with an estimated 25% of the market share attributed to online sales in 2025. Furthermore, the integration of technology in jewelry manufacturing, such as wax casting techniques and CAD jewelry modeling, is expected to streamline production processes and reduce costs. In conclusion, the market is a thriving indus

In 2023, the amount of imitation jewelry imported into Egypt rose modestly to 667 tons, growing by 2.2% against the year before.

USD 61.79 Million in 2024; projected USD 88.47 Million by 2033; CAGR 4.01%.

Access Middle East Jewelry Display Stands Industry Overview which includes Middle East country analysis of (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East), market split by Type, Application

In 2017, the amount of articles of jewellery imported into Egypt stood at X tons, picking up by X% against the previous year. Overall, articles of jewellery imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2016, an increase of X% year-to-year. Egypt imports peaked in 2017, and are likely to continue its growth in the near future.In value terms, articles of jewellery imports amounted to $X in 2017.

Access Middle East Jewelry Insurance Industry Overview which includes Middle East country analysis of (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East), market split by Type, Downstream

The Egyptian silver goldsmiths non-jewelry article market rose significantly to $43M in 2023, increasing by 7.5% against the previous year. Overall, consumption continues to indicate a moderate expansion. Silver goldsmiths non-jewelry article consumption peaked at $46M in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

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Diamond Market Size 2024-2028

The diamond market size is valued to increase USD 42.72 billion, at a CAGR of 8.09% from 2023 to 2028. Growing demand for wedding jewelry will drive the diamond market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 32% growth during the forecast period.
By Application - Jewelry making segment was valued at USD 58.78 billion in 2022
By Type - Natural segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 70.43 billion
Market Future Opportunities: USD 42719.40 billion
CAGR from 2023 to 2028 : 8.09%

Market Summary

The market encompasses the global trade of natural and lab-grown diamonds, with core technologies and applications continually shaping its landscape. Notably, the rising demand for diamond jewelry, particularly for weddings, remains a significant driver. However, the market faces challenges such as the increasing prevalence of counterfeit products, especially in the e-retailing space. Synthetic diamonds are gaining traction in emerging applications, accounting for over 15% of the market share.
Regulations, including the Kimberley Process Certification Scheme, aim to mitigate ethical concerns. The evolving market dynamics underscore the ongoing unfolding of trends and patterns, making it an intriguing space for stakeholders.

What will be the Size of the Diamond Market during the forecast period?

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How is the Diamond Market Segmented ?

The diamond industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Jewelry making
  Industrial applications


Type

  Natural
  Synthetic


Mining Method

  Open Pit
  Underground
  Alluvial
  Marine


Cut/Shape

  Round Brilliant
  Princess
  Cushion
  Emerald
  Oval
  Pear
  Marquise
  Asscher
  Radiant
  Heart


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The jewelry making segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving the market, key trends revolve around enhancing plant growth and crop yield. Potassium uptake is crucial for root development, and enzyme activity plays a significant role in nutrient bioavailability. Biotic stress, such as pests and diseases, is a persistent challenge, necessitating stress tolerance enhancement. Plant growth regulators, beneficial bacteria, and microbial communities contribute to growth promotion and nitrogen fixation, fostering plant metabolism and microbial inoculants. Humic acid fertilizers and soil nutrient cycling optimize nutrient uptake, while biofilm formation and photosynthesis stimulation improve water use efficiency. Mycorrhizal fungi and plant hormone modulation contribute to fruit quality and yield potential.

Phosphorus solubilization and soil health are essential for optimal plant growth. Abiotic stress, such as extreme temperatures and drought, necessitate stress tolerance enhancement. The market's continuous growth is driven by a 15% increase in demand for organic matter and a 12% surge in antioxidant activity. These trends are particularly prominent in agriculture, where the market's applications span from improving plant nutrition to enhancing microbial communities. Moreover, the rhizosphere microbiome plays a vital role in plant growth, and the ongoing research in this area is expected to bring about a 17% boost in market potential. The industry anticipates a 10% rise in the adoption of plant growth regulators and beneficial bacteria, further fueling market expansion.

These trends underscore the market's significance in addressing the challenges of modern agriculture and contributing to sustainable farming practices.

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The Jewelry making segment was valued at USD 58.78 billion in 2018 and showed a gradual increase during the forecast period.

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Regional Analysis

APAC is estimated to contribute 32% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

See How Diamond Market Demand is Rising in APAC Request Free Sample

The market in Asia Pacific (APAC) experiences significant growth, driven by the region's increasing economic expansion, a burgeoning middle class, and an escalating number of industry players. China, India,

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