Global Jewelry And Silverware Market Dynamics, Business Insights And Forecast To 2033 | |
The Jewelry And Silverware Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033). Learn More On The Jewelry And Silverware Market: https://www.thebusinessresearchcompany.com/report/jewelry-and-silverware-global-market-report In accordance with The Business Research Company’s comprehensive analysis in the Jewelry And Silverware Global Market Report 2024, the robust expansion of the jewelry and silverware market has been a noteworthy trend in recent years. This upward trajectory is set to persist, with the market poised to elevate from $231.43 billion in 2024 to an estimated $248.49 billion in the same year, demonstrating a substantial compound annual growth rate (CAGR) of 7.4%. The surge in the historical period is ascribed to diverse factors, including cultural significance, economic prosperity, celebratory occasions, craftsmanship, precious metal prices, and the globalized nature of markets, all intricately interwoven with effective marketing and branding strategies. The increasing number of weddings is expected to drive the jewelry and silverware market. Bridal jewelry: high expenditures on wedding ceremonies and celebrations generate demand for gold, silver, diamonds, and other jewelry. For example, according to data from a Netherlands-based statistical institution, Statistics Netherlands (CBS), in the first seven months of 2022, in the Netherlands, nearly 40.5 thousand couples got married, which was an increase of nearly 38% from 29.3 thousand in 2021 during the same period. In addition, it was estimated that there were nearly 2.5 million weddings in 2022, which was the highest in the US since 1984, with people spending an average of approximately $24,500 on each wedding. Hence, the increasing number of marriages globally is expected to drive the jewelry and silverware market. Get A Free Sample Of The Report (Includes Graphs And Tables): https://www.thebusinessresearchcompany.com/sample.aspx?id=2913&type=smp The jewelry and silverware market covered in this report is segmented – 1) By Type: Jewelry, Silverware 2) By Distribution Channel: Online Stores, Speciality Stores, Hypermarkets, Other Distribution Channels 3) By End-User Sex: Men, Women The jewelry and silverware market report table of contents includes: 1. Executive Summary 2. Jewelry And Silverware Market Characteristics 3. Jewelry And Silverware Product/Service Analysis -Product/Service Examples 4. Jewelry And Silverware Market Trends And Strategies 5. Jewelry And Silverware Market - Macro Economic Scenario ..... 68. Global Jewelry And Silverware Market Competitive Benchmarking 69. Global Jewelry And Silverware Market Competitive Dashboard 70. Key Mergers And Acquisitions In The Jewelry And Silverware Market 71. Jewelry And Silverware Market Future Outlook and Potential Analysis 72. Appendix | |
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