As of 2023, the number of enterprises in the manufacture of jewellery, bijouterie, and related articles sector in Germany stood at 3.87 thousand. Forecasted data indicates a steady growth in the sector, with the number of enterprises expected to rise to 4.25 thousand by 2028. This represents a compound annual growth rate (CAGR) of approximately 1.9% over the five-year forecast period from 2024 to 2028.
Year-on-year variation shows consistent growth, with an increase of around 2.0% in 2025, 1.7% in 2026, 2.0% in 2027, and 1.7% in 2028. This suggests a stable yet modest expansion of the sector.
Future trends to watch for include:
- Technological advancements in production techniques.
- Increasing demand for personalized and sustainable jewellery.
- Potential impacts of economic fluctuations on consumer spending patterns.