Base Year
Historical Year
Forecast Year
Value in AUD
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, boosting the Australia jewellery market expansion. Their 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.
| Australia Jewellery Market Summary | Description | Value |
| Base Year | AUD Billion | 2023 |
| Historical period | AUD Billion | 2018-2023 |
| Forecast Period | AUD Billion | 2024-2032 |
| Market Size 2023 | AUD Billion | 5.0 |
| Market Size 2032 | AUD Billion | 6.3 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 2.8% |
| CAGR 2024-2032 - Market by Region | Western Australia | 3.1% |
| CAGR 2024-2032 - Market by Region | Queensland | 2.8% |
| CAGR 2024-2032 - Market by Product | Necklace | 3.1% |
| CAGR 2024-2032 - Market by Material | Diamond | 3.0% |
| Market Share by Region | Queensland | 19.7% |
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 Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Material
Market Breakup by End Use
Market Breakup by Distribution Channel
Market Breakup by Region
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.
| CAGR 2024-2032 - Market by | Region |
| Western Australia | 3.1% |
| Queensland | 2.8% |
| New South Wales | 2.2% |
| Victoria | XX% |
| Australian Capital Territory | XX% |
| Others | XX% |
Antique and vintage-inspired designs, layered compositions, innovative materials, online retail and e-commerce, and customisation are driving the growth of the jewellery market.
*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.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
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.
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.
| 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:
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| Breakup by Product |
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| Breakup by Material |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Trade Data Analysis |
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| Competitive Landscape |
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| Companies Covered |
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