The jewellery and bijouterie sector in Germany is expected to see a steady increase in employment from 2024 to 2028, with numbers rising from 15.62 thousand employees in 2024 to 16.2 thousand by 2028. This represents an approximate average annual growth rate (CAGR) of 0.88% over the five-year period. From 2023, the sector has shown resilience with a yearly growth trend, indicating a gradual recovery or expansion.
Future trends to watch for include:
- Increasing consumer demand for personalized and sustainable jewellery.
- Adapting to digital transformation, including e-commerce growth and online retail strategies.
- Potential impact of economic factors like inflation and consumer spending power on luxury goods.