In 2023, the number of enterprises in the Italian jewellery, bijouterie, and related articles sector was 6.44 thousand. Over the upcoming years, this number is forecasted to decline steadily. The annual year-on-year variation shows a consistent reduction with a decline of 2.5% from 2024 to 2025, and a similar trend in subsequent years. Over a five-year period, the CAGR indicates a steady average decline of approximately 2.6% per annum.
Future trends to watch for in this sector include:
- Potential impact of technological advancements such as 3D printing on the manufacturing process.
- Consumer shifts towards sustainably sourced and ethically manufactured jewellery.
- Impact of global economic conditions on luxury goods consumption and small business sustainability in the jewellery sector.
- Integration of digital marketing and e-commerce affecting traditional retail channels.