The turnover of imitation jewellery in Germany has experienced notable fluctuations from 2013 to 2023. It peaked in 2016 at €113.5 million, followed by declines and growth phases. As of 2023, the market value stands at €104.3 million, marking a year-on-year growth of 7.64%. The overall CAGR for the past five years is 0.37%, indicating modest average annual growth.
Future trends indicate a steady but moderate increase in turnover, with forecasted values reaching €113.6 million by 2028. Analysts foresee an average annual growth rate of 1.36% over the next five years, culminating in a total growth rate of 6.97% by 2028.
Future trends to watch for include shifts in consumer preferences towards sustainable and ethically produced jewellery, the impact of e-commerce on sales channels, and potential economic factors influencing disposable income and purchasing power in Germany.
