According to a new report, published by KBV research, The Global Demi-fine Jewelry Market size is expected to reach $4.3 billion by 2028, rising at a market growth of 13.0% CAGR during the forecast period.
The Men segment is showcasing a CAGR of 14.9% during (2022 - 2028). This could be attributed to the rising number of men willing to purchase jewelry. The demand by the men segment is rising to showcase jewelry as a symbol of high status, and fashion sense opting for different styles. The rising presence of male influencers is further supporting the market growth in this segment, as consumers wish to copy their favorite influencers.
The Offline segment acquired maximum revenue share in the Global Demi-fine Jewelry Market by Distribution Channel in 2021 thereby, achieving a market value of $3.4 billion by 2028. This is because the offline sales channel is considered the simplest & shortest. This enables the brand to have a genuine relationship with customers through offline retail stores. Furthermore, the offline store offers growth opportunities to various brands through direct consumer engagement.
The Below 150 USD segment has shown the growth rate of 13.6% during (2022 - 2028). The market in this segment is growing as a result of the affordability of jewelry due to reasonable prices. Consumers largely prefer wearing jewelry of this price range as office wears. The demand in this segment is rising due to accessibility to colorful options crafted by using semi-precious gemstones.
The Asia Pacific market dominated the Global Demi-fine Jewelry Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.7 billion by 2028. The Europe market is exhibiting a CAGR of 12.3% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 12.8% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/demi-fine-jewelry-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Otiumberg Limited, Missoma Limited, Edge of Ember, Catbird, Astley Clarke Limited, WWAKE, Inc., Loren Stewart, Monica Vinader Ltd., Natasha Schweitzer, and Sarah and Sebastian Pty. Ltd.
By Application
By Distribution Channel
By Price Range
By Geography
Companies Profiled
Unique Offerings 
