In 2023, the number of persons employed in the jewellery sector in France stood at 12.53 thousand employees. As we progress into 2024, employment figures are forecasted to reach 12.94 thousand, marking a 3.27% year-on-year increase. Subsequent years see a steady rise: 13.36 thousand in 2025 (3.25%), 13.77 thousand in 2026 (3.07%), 14.18 thousand in 2027 (2.98%), and 14.58 thousand in 2028 (2.82%). The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 3.08%, reflecting consistent sector growth.
Future trends to watch for:
• Innovations in design and materials enhancing product appeal.• Shifts towards sustainable and ethically sourced jewellery impacting consumer preferences.• Increased demand driven by rising disposable income and luxury market expansion.• Adaptation to e-commerce and digital marketing strategies boosting market reach.• Potential economic fluctuations influencing employment stability in the sector.
