Report Overview

The Australia Jewellery market is estimated to be valued at AUD 4.95 in 2023. It is expected to grow at a CAGR of 2.76 % between 2024 and 2032 to reach almost AUD 6.32 by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • ABS Labour Force Survey reported that in February 2024, Victoria accounted for 24.1% of all jewellers in the industry.
  • As per the ABS Labour Force Survey, in 2023, 75% of jewellers worked full-time hours in Australia.
  • According to ABS, in South Australia, the proportion of females in the age group 30-54 years was 30.7% in 2022.

Australia Jewellery Market Growth

Compound Annual Growth Rate

Value in AUD

2.76%

2024-2032


Australia Jewellery Market Outlook

*this image is indicative*

Gold jewellery dominates the Australia jewellery market due to its timeless beauty, versatility, and elegance, making it suitable for everyday wear.

Gold jewellery offers consumers not only a sense of security due to its historical stability in retaining value over time but also serves as a reliable investment. This enduring value is complemented by its purity, particularly in the form of 24 karat gold, which minimises the risk of skin reactions, making it ideal for individuals with sensitive skin types. Diamonds, on the other hand, contribute to the versatility and appeal of jewellery designs by their inherent ability to be fashioned into various styles that align with contemporary fashion trends and meet diverse consumer preferences.

Various trends and innovations driving the development of the Australia jewellery market include the growing use of lab-grown gemstones and diamonds, valued for their sustainability and cost-effectiveness through eco-friendly laboratory production. Customisation, such as custom designs and monogramming, is increasing to meet diverse style preferences. Additionally, there is a rising demand for blending antique and vintage designs with modern aesthetics, along with increased interest in layered necklaces and stackable rings. Designers are enhancing Jewellery elegance and style by incorporating innovative materials like 3D-printed metals.

Australia Jewellery Market Segmentation

Australia Jewellery Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

  • Necklace
  • Bracelet
  • Earring
  • Ring
  • Others

Market Breakup by Material

  • Gold
  • Diamond
  • Platinum
  • Others

Market Breakup by End Use

  • Women
  • Men
  • Children

Market Breakup by Distribution Channel

  • Offline Retail Stores
  • Online Retail Stores

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Jewellery Market Share

Online channels hold a major share of the Australia jewellery market due to their convenience, competitive pricing, extensive product offerings, and enhanced logistics, meeting diverse consumer preferences and fueling market expansion.

Leading companies in the Australia Jewellery market

Antique and vintage-inspired designs, layered compositions, innovative materials, online retail and e-commerce, and customisation are driving the growth of the jewellery market.

  • By Charlotte Pty Ltd.
  • Amber sceats Pty Ltd.
  • Christie Nicolaides
  • Bulgari Australia Pty Ltd.
  • Gucci Australia Pty Ltd.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at AUD 4.95 in 2023.

The market is projected to grow at a CAGR of 2.76% between 2024 and 2032.

The revenue generated from the jewellery market is expected to reach AUD 6.32 in 2032.

Based on the product type, the jewellery market is bifurcated into necklaces, bracelets, earrings, rings and others.

Key players in the jewellery industry are By Charlotte Pty Ltd., Amber sceats Pty Ltd., Christie Nicolaides, Bulgari Australia Pty Ltd., and Gucci Australia Pty Ltd., among others.

Based on material, the jewellery market is divided into gold, diamond, platinum, and others.

The jewellery market is divided into offline retail stores and online retail stores.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Material
  • End Use
  • Distribution Channel
  • Region
Breakup by Product
  • Necklace
  • Bracelet
  • Earring
  • Ring
  • Others
Breakup by Material
  • Gold
  • Diamond
  • Platinum
  • Others
Breakup by End Use
  • Women
  • Men
  • Children
Breakup by Distribution Channel
  • Offline Retail Stores
  • Online Retail Stores
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • By Charlotte Pty Ltd.
  • Amber sceats Pty Ltd.
  • Christie Nicolaides
  • Bulgari Australia Pty Ltd.
  • Gucci Australia Pty Ltd.
  • Others.

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