As of 2023, the Jewellery and Bijouterie turnover in Switzerland stood at 509 million Euros. Based on the forecasted data provided, the turnover is expected to increase steadily from 510.9 million Euros in 2024 to 517.3 million Euros in 2028.
The year-on-year variations are forecasted to be small but positive, indicating a stable growth trend in the market:
- 2024: 510.9 million Euros (0.37% increase from 2023)
- 2025: 513 million Euros (0.41% increase from 2024)
- 2026: 514.8 million Euros (0.35% increase from 2025)
- 2027: 516.2 million Euros (0.27% increase from 2026)
- 2028: 517.3 million Euros (0.22% increase from 2027)
The average variation per year over the last five years (CAGR) is approximately 0.32%, indicating a sustained and gradual increase in the market turnover.
Future trends to watch for in the Swiss jewellery and bijouterie market include potential impacts from evolving consumer preferences, sustainability demands, and technological advancements in product design and digital sales platforms. Staying attuned to these factors could help businesses maintain competitiveness and leverage growth opportunities.
