Jewellery in India
Description
The Indian jewellery market demonstrated remarkable resilience in 2025, with 10% growth in retail value terms, driven by consumers adapting to high gold prices by opting for affordable options like 9-karat and 14-karat gold jewellery. This trend is expected to continue, with the market projected to grow at a CAGR of 10% over the forecast period. The category's attractiveness is further enhanced by the growing number of high net worth individuals in India, which is expected to reach 73,000 by 203...
Euromonitor International's Jewelleryin India report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2021-2025), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2030 illustrate how the market is set to change.
Product coverage: Costume Jewellery, Fine Jewellery.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Jewellery market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Euromonitor International's Jewelleryin India report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2021-2025), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, distribution or pricing issues. Forecasts to 2030 illustrate how the market is set to change.
Product coverage: Costume Jewellery, Fine Jewellery.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Jewellery market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
25 Pages
- Jewellery in India
- Euromonitor International
- February 2026
- List Of Contents And Tables
- JEWELLERY IN INDIA
- KEY DATA FINDINGS
- 2025 DEVELOPMENTS
- Introduction of mandatory hallmarking shakes up the market
- CHART 1 Key Trends 2025
- CHART 2 Analyst Insight
- INDUSTRY PERFORMANCE
- Consumers adapt to high gold prices with affordable options
- Costume jewellery maintains largest share despite price pressures
- Lab grown diamonds offer a more ethical and sustainable solution
- CHART 3 Lab Grown Diamonds Attracting Ethical Shoppers
- WHAT’S NEXT?
- Affordable luxury and digital engagement fuels growth
- Costume jewellery set to maintain its dominance with evolving consumer preferences
- Digital transformation and sustainability shape the future of jewellery retail
- COMPETITIVE LANDSCAPE
- Leading brands maintain dominance through strategic expansion
- Mergers and acquisitions reshape competitive landscape
- CHART 4 Shraddha Kapoor-Backed Palmonas Raises Fund, Plans 100 New Stores Across India
- CHANNELS
- Offline retail remains dominant despite e-commerce growth
- Retail e-commerce gains traction
- CHART 5 CaratLane Expands 9-Karat Jewellery Line Amid Growing Demand for Lightweight Gold
- Emerging brands drive innovation with a focus on sustainability and digitalisation
- PRODUCTS
- Palmonas finding success with Gen Z driving demand for affordable, durable jewellery designs
- Mandatory hallmarking boosts demand for certified 9-karat gold
- COUNTRY REPORTS DISCLAIMER
- CHART 6 Key Trends 2025
- CHART 7 Analyst Insight
- CHART 8 Titan’s JALSA Watch Highlights Rising Premiumisation in India’s Luxury Market
- CHART 9 Legacy Brands Face Growing Competition from Agile D2C Brands in 2025
- CHART 10 Palmonas Highlights Gen Z’s Influence on India’s Jewellery Market in 2025
- CHART 11 Real GDP Growth and Inflation 2020-2030
- CHART 12 PEST Analysis in India 2025
- CHART 13 Key Insights on Consumers in India 2025
- CHART 14 Consumer Landscape in India 2025
- PERSONAL ACCESSORIES IN INDIA
- EXECUTIVE SUMMARY
- Improving economy supports sales of personal accessories in 2025
- KEY DATA FINDINGS
- INDUSTRY PERFORMANCE
- Rising disposable incomes fuel premiumisation trend
- Titan's Jalsa watch epitomises the growing focus on luxury goods
- Regulatory measures enhance trust in jewellery
- WHAT’S NEXT?
- Sales set to benefit from growing base of more affluent consumers
- Jewellery set to drive growth with the focus on premiumisation and sustainability
- Digital transformation reshapes retail strategies and consumer engagement
- COMPETITIVE LANDSCAPE
- D2C brands challenge incumbents in personal accessories
- Opportunities emerging from shifts in competitive dynamics
- CHANNELS
- Offline retail leads due to the importance of tactile experiences
- Retail e-commerce drives growth with convenience and digital adoption
- An omnichannel presence has become essential for retailers
- PRODUCTS
- Gen Z drives innovation in jewellery design and sourcing
- ECONOMIC CONTEXT
- CONSUMER CONTEXT
- COUNTRY REPORTS DISCLAIMER
- SOURCES
- Summary 1 Research Sources
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