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Jewelry And Silverware Global Market Report 2022

Jewelry And Silverware Global Market Report 2022

  • April 2022
  • 250 pages
  • ID: 6251072
  • Format: PDF
  • The Business Research Company

Summary

Table of Contents

Major companies in the jewelry and silverware market include Rajesh Exports, Compagnie Financiere Richemont SA, Tiffany & Co., Pandora A/S, Berkshire Hathaway Inc., the swatch group, Christian Dior SE, Kering SA, and James Avery Craftsman Inc.

The global jewelry and silverware market is expected to grow from $193.44 billion in 2021 to $210.09 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The market is expected to grow to $279.91 billion in 2026 at a compound annual growth rate (CAGR) of 7.4%.

The jewelry and silverware market consists of sales of jewelry and silverware by entities (organizations, sole traders and partnerships) that produce engrave, chase or etch jewelry, novelties or precious metal flatware, stamp coins, cut, slab, tumble, carve, engrave, polish or facet or recut, repolish or reset precious or semiprecious stones.

The main types of jewelry and silverware are jewelry and silverware.Silverware is any metal spoons, knives, forks, and other eating utensils, as well as tableware, dishes, and serving pieces that are made of or coated with silver.

It is distributed through various channels such as online stores, specialty stores, hypermarkets and others. The products are used by men and women.

Asia Pacific was the largest region in the jewelry and silverware market in 2021.Western Europe was the second largest region accounting in the jewelry and silverware market.

The regions covered in the jewelry and silverware market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Jewelry and silverware manufacturers have adopted CAD software due to its finest measurement providing capability.CAD or computer aided design software is used by engineers and architects for creating accurate drawings of objects.

Using CAD in jewelry making has enabled the manufacturers to easily customize the jewelries with high precision according as per customer requirements. It helps in lowering the manufacturing cost by creating a virtual model and replicating it during manufacturing.

The countries covered in the jewelry and silverware market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam.

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