India Gem & Jewellery Market Growth Trends With Detailed Forecast To 2024-2030

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South India's prominence in India gem and jewellery market stems from its rich historical legacy, particularly in diamond cutting, and craftsmanship evident in intricate gold jewellery from cities like Jaipur and Ahmedabad. Renowned globally, these designs capture diverse clientele.

India Gem and Jewellery Market Insights Unveiled:

Embark on a riveting journey through the realms of the  India Gem and Jewellery Market with the cutting-edge market intelligence of a distinguished global research firm. Immerse yourself in a rich tapestry of data and captivating visual representations that decode the enigmatic trends of both regional and global markets. This comprehensive report reveals the market's deepest ambitions, shedding luminous beams on the foremost competitors, their market valuation, trendy strategies, targets, and trailblazing products. Venture further into the past and present as this report illuminates the market's recent growth and unfurls its illustrious history, igniting the minds of all stakeholders.

Anticipated Growth in Revenue:

India Gem and Jewellery  Market size was valued at US$ 5.18 Bn. in 2022 and the total India Gem and Jewellery  revenue is expected to grow at 3.9 % through 2023 to 2029, reaching nearly US$ 38.18 Bn.

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Segmentation: The Art of Unveiling

by Stone Type

Emerald
Ruby
Sapphire
Other


by Product Type

Rings
Necklaces
Earrings
Bracelets
Chains and Pendants
Other

Based on Product Type, The India Gem and Jewellery Market exhibits varied dominance across different product segments. Rings and necklaces stand out as the dominant categories, commanding substantial India Gem and Jewellery Market shares owing to their widespread popularity and cultural significance in India. Rings reign supreme in the Indian market due to their cultural significance and enduring demand, particularly engagement rings. These pieces symbolize commitment and are deeply embedded in Indian traditions, contributing to their sustained dominance. The application of rings extends beyond symbolic gestures; they serve as symbols of status and are essential in various ceremonies, emphasizing their significance. The adoption rate remains high, especially among the younger demographic, owing to evolving fashion trends and a fusion of traditional and modern designs. This segment is expected to maintain its dominance, backed by cultural values and innovative designs catering to diverse consumer preferences.


by Distribution Channel

Online
Offline

Key Players: Masters of the Market 

1. Tanishq (Titan Company Limited (Karnataka)
2. Reliance Jewels (Reliance Retail (Maharashtra)
3. PC Jeweller (Delhi)
4. Malabar Gold Diamonds (Kerala)
5. Kalyan Jewellers (Kerala)
6. Gitanjali Gems (Maharashtra)
7. Joyalukkas (Kerala)
8. Mellora (Karnataka)
9. AADINATH EXPORTS(Rajasthan)
10. UNIQUE JEWELLERS (Maharashtra)
11. Bello Jewels Star (Delhi)
12. Haaris Real Estates, Precious Gem Jewellery (Maharashtra)
13. Gem Mart (India) Pvt. Ltd. (Rajasthan)
14. Gaya Gem Jewellerytones Pvt Ltd (Bihar)
15. ARIHANT SILVER CRAFTS (Rajasthan)
16. ACUTE GEM JEWELLERY (Maharashtra)
17. SUNRISE JEWELLERS (Rajasthan)
18. Stone Art (Rajasthan)
19. Jindal Gem Jewellery (Rajasthan)
20. PDM GEM JEWELLERY (Rajasthan)s
21. ZAHEEN JEWELS PVT LTD (Maharashtra)

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Regional Revelations

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