The forecast for average household expenditure on women's and girls' jewellery in Canada shows a declining trend from 2024 to 2028. The expenditure starts at CAD 102.63 in 2024 and gradually decreases to CAD 97.74 in 2028. The year-on-year percentage decrease from 2024 to 2025 is approximately 1.23%, from 2025 to 2026 is about 1.22%, from 2026 to 2027 is around 1.21%, and from 2027 to 2028 is about 1.19%. The compound annual growth rate (CAGR) over this five-year forecast period highlights an average decrease of roughly 1.23% per year.
Future trends to watch for include shifts in consumer preferences towards more sustainable and ethical jewellery options, which could impact expenditure. Additionally, economic factors and changes in disposable income levels may further influence spending patterns in this category.
