In 2023, turnover in Italy’s jewellery, bijouterie, and related articles sector stood at a baseline for the subsequent forecasts from 2024 to 2028. From the data, each year sees a progressive increase, highlighting a healthy upward trend. The year-on-year growth from 2024 to 2025 is approximately 2.5%, and a similar growth rate is observed through to 2028. Over the five-year period, the compound annual growth rate (CAGR) is conducive to steady market expansion.
Future trends to watch for include:
- Enhanced digital transformation and luxury e-commerce influence.
- Sustainability and ethical sourcing becoming more critical to consumers.
- Potential geopolitical and economic uncertainties impacting the sector.
- Innovative design trends and consumer personalization demands.