Saudi Arabia Pearl Jewellery Market Overview, 2030

Historically revered in the Gulf region, pearls have held a significant position in Saudi heritage, with the Arabian Gulf once being a global center for natural pearl diving. Today, while natural pearl diving has waned, the appreciation for pearls remains, reinvigorated by contemporary design, technological innovations, and the Kingdom’s rapid transformation under Vision 2030. Saudi Arabia’s affluent consumer base, particularly in urban centers like Riyadh, Jeddah, and Dammam, continues to show strong demand for pearl jewellery across categories especially in necklaces, earrings, rings, and bridal sets. High-net-worth individuals and the increasing population of young luxury consumers are fueling the demand for bespoke and high-quality pearl jewellery from brands like Lazurde, Samra Jewellery, and Damas Saudi Arabia. Moreover, international luxury brands such as Mikimoto, Tiffany & Co., and Cartier have a growing presence in Saudi retail markets, catering to the desire for both traditional and Western pearl designs. Consumers in Saudi Arabia often associate pearls with femininity, elegance, and social status, making them popular for weddings, Eid celebrations, and national occasions. Additionally, the demand for South Sea pearls and Akoya pearls remains high due to their sheen and rarity, with an increasing shift toward cultured freshwater pearls for more affordable luxury. The market is also witnessing innovation in design and marketing, such as digital customization tools offered by brands like Lazurde, enabling buyers to create bespoke pearl pieces online. Local influencers and celebrities on platforms like Instagram and Snapchat significantly influence consumer preferences, further boosting the visibility and desirability of pearl collections. Regulatory developments under the Saudi Standards, Metrology and Quality Organization (SASO) and the Ministry of Commerce have contributed to standardizing jewellery quality and transparency.

According to the research report, ""Saudi Arabia Pearl Jewellery Market Overview, 2030,"" published by Bonafide Research, the Saudi Arabia Pearl Jewellery market is anticipated to add to more than USD 190 Million by 2025–30. The increasing disposable income among Saudi nationals, especially women, who are becoming more active participants in the workforce and economy due to the government’s progressive reforms under Vision 2030. As women gain financial independence and purchasing power, their preferences for luxury goods, including pearl jewellery, are becoming more sophisticated and varied. This shift is visible in the rising demand for unique and high-end pearl pieces that reflect both individuality and social status. Furthermore, the expansion of the middle and upper-middle class across cities like Riyadh, Jeddah, and Khobar has created a broader consumer base that appreciates fine jewellery as a symbol of lifestyle and cultural identity. Major development projects, such as The Red Sea Project, NEOM, and Diriyah Gate, are not only reshaping the tourism landscape but also encouraging the establishment of luxury retail hubs that include high-end jewellers. These mega-projects attract international brands and foster local design talent, enhancing access to pearl jewellery through premium malls, boutique stores, and hotel retail outlets. Additionally, the introduction of tourism visas and the push to make Saudi Arabia a global tourist destination have opened the doors for a more international clientele, further boosting demand for culturally inspired jewellery, including pearls, which are often purchased as luxury souvenirs. Pearls are often preferred gifts during weddings, graduations, and Eid celebrations, which leads to seasonal spikes in sales and sustained year-round demand. At the same time, younger consumers are leaning towards minimalistic and wearable pearl jewellery that can be used daily, shifting the focus from ornate to versatile designs. This generational change is being supported by increasing access to e-commerce and mobile retail platforms, which have gained popularity among digitally native Saudi youth.

The freshwater pearl segment in Saudi Arabia holds strong cultural and aesthetic relevance, especially among domestic jewelry makers and gift-focused buyers. These pearls, primarily imported from China due to limited local cultivation, are valued for their affordability, wide color availability, and variety in shapes, which support their strong retail presence in local souks and shopping malls across Riyadh, Jeddah, and Dammam. Their soft luster and non-spherical forms appeal to the emerging fashion jewelry market, where customization and large volume use are essential. Many designers and wholesalers in the kingdom source freshwater pearls in bulk for semi-luxury and fast fashion jewelry collections. Small-scale boutique operators and online pearl vendors prefer these due to their low investment requirements and high turnover rates. Moreover, freshwater pearls dominate bridal jewelry sets for mid-income consumers, often paired with gold-plated metal for cultural events, wedding gifts, and dowry items. Local traders source Grade A to AAA freshwater pearls at wholesale bazaars and jewelry expos, particularly at Jeddah International Jewellery Salon and Riyadh Jewelry Exhibition. The demand is further driven by the influence of social media influencers showcasing freshwater pearl sets on platforms like Instagram and TikTok. Unlike saltwater variants, freshwater pearls require less care, are resistant to surface damage, and support personalization across different demographics. However, freshwater pearls face perception challenges among high-net-worth buyers who equate price with prestige. Despite this, their growing use in men’s prayer beads, child jewelry, and everyday accessories is expanding their market base. Domestic resale and recycling of freshwater jewelry pieces are also common, especially in secondhand gold and silver markets in Madinah and Mecca. Brands like Malabar Gold and Taiba Jewellery have integrated freshwater pearl lines in their mid-range collections, keeping price sensitivity and fashion trends in mind, which has resulted in repeat purchases from middle-income groups.

Pearl necklaces hold a special place, often seen as timeless heirlooms and essential elements of bridal and ceremonial attire. They are in high demand during wedding seasons and major festivals like Eid, where gifting luxurious jewellery is a cultural norm. Traditional multi-strand pearl necklaces, often featuring gold or diamond accents, are widely offered by top retailers such as Lazurde and Jawhara Jewellery, and are prominently displayed during exhibitions like Jewellery Salon Riyadh. These pieces are often marketed as symbols of status and grace, appealing to affluent women and royal clientele across the Kingdom. Earrings form another dominant segment, particularly popular among younger Saudi women who favor daily wear and minimalistic fashion. Pearl studs and drop earrings are seen as versatile and elegant, suitable for both traditional abayas and modern Western attire. Brands such as Damas, Tala Jewellery, and online platforms like The Ounass feature curated pearl earring collections, often promoted through influencer collaborations and Ramadan or Eid advertising campaigns. The growing online jewellery market in Saudi Arabia has also contributed to the surge in demand for earrings, as consumers prefer convenient access to trending and affordable pearl designs. Rings, especially those featuring solitaire or clustered pearls, are popular as engagement or statement pieces. While not as culturally entrenched as diamond rings, pearl rings have seen a steady increase in appeal due to their uniqueness and symbolism. Luxury and boutique brands alike offer pearl rings that blend modern and classical motifs, attracting fashion-conscious consumers in Riyadh and Jeddah. Bracelets are gaining momentum as accessories of choice among Saudi millennials and Gen Z shoppers, particularly those looking for stackable or customized jewellery. Delicate pearl bracelets often paired with gold chains or gemstones are frequently marketed during gifting seasons and are also part of Ramadan gift box collections. The others segment includes items such as brooches, cufflinks, and anklets, which although niche, cater to a select group of style-forward consumers. Some high-end Saudi designers are reintroducing pearl brooches and hair accessories in luxury fashion lines.

Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report
• Pearl Jewellery Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Pearl Source
• Fresh Water
• Salt Water

By Product Type
• Necklaces
• Earrings
• Rings
• Bracelets
• Others Show more