From 2013 to 2023, the jewellery and bijouterie market in France exhibited variability, peaking in 2019 at €2.76B, with a subsequent dip in 2020 due to external factors, likely the COVID-19 pandemic. As of 2023, the market stands at €2.67 billion. Over the past two years, there has been an upward trend with a 5.55% increase from 2022 to 2023. The last five years have seen an average yearly growth of 1.29%, with a forecasted CAGR of 1.77% over the next five years, culminating in a total growth rate of 9.19% by 2028.
Future trends to watch for in this market include the rising demand for sustainable and ethically sourced jewellery, the impact of technological advancements in manufacturing, and the increasing influence of digital sales channels. Additionally, evolving consumer preferences towards personalized and unique jewellery pieces are expected to shape the market dynamics in the coming years.
