The jewelry and bijouterie wages and salaries in Italy stood at €554.6 million in 2023. Starting from €434.6 million in 2013, the industry witnessed considerable growth with occasional dips, particularly in 2020. The compound annual growth rate (CAGR) from 2013 to 2023 varied, showcasing a significant decline of -24.56% in 2020, followed by a recovery phase with a 5.74% year-on-year increase in 2023. The projected CAGR for the next five years is 0.42%, indicating a modest growth trajectory heading to 2028.

Future trends to watch for:

Technological advancements in jewelry fabrication and design.
Growth in e-commerce and digital platforms for jewelry sales.
Increasing consumer preference for sustainable and ethically sourced materials.
Fluctuating economic conditions influencing disposable income and luxury spending.