According to a new report, published by KBV research, The Global Pearl Jewelry Market size is expected to reach $37 billion by 2030, rising at a market growth of 12.9% CAGR during the forecast period. In the year 2022, the market attained a volume of 29,394.1 thousand units, experiencing a growth of 11.3% (2019-2022).
The Natural segment would witness a CAGR of 17.3% during (2023 - 2030). Natural pearls are rare occurrences in nature, making them highly exclusive. The scarcity of natural pearls enhances their desirability among collectors and individuals seeking unique jewelry. This inherent rarity contributes to the market segment's growth as consumers seek distinctive pieces. Natural pearls exhibit a distinctive and captivating luster from their natural formation process. The timeless appeal of the natural pearl's radiance attracts consumers looking for classic and enduring jewelry.
The Necklace segment is capturing maximum revenue in the Global Pearl Jewelry Market by Type in 2022; thereby, achieving a market value of $17.9 billion by 2030. Pearl necklaces are a quintessential choice for bridal wear. Brides often opt for classic pearl strands or intricately designed pearl necklaces to complement their wedding attire. The purity and elegance of pearls make them a symbol of love and commitment, enhancing the significance of pearl necklaces in bridal jewelry. Designers continuously innovate to create trendy and contemporary pearl necklace designs.
The Brand Stores segment would experience a CAGR of 13.1% during (2023 - 2030). Brand stores provide a curated and immersive experience for customers. The store's interior design, layout, and ambiance can be specifically tailored to showcase the uniqueness and elegance of the brand's pearl jewelry. This curated experience contributes to the brand's image and sets it apart in the market segment. Brand stores may offer customization services, allowing customers to create personalized pearl jewelry. This level of customization enhances the customer experience, making each purchase unique and tailored to individual preferences.
The Fresh Water segment is registering the highest revenue in the Global Pearl Jewelry Market by Pearl Source in 2022; thereby, achieving a market value of $28.2 billion by 2030. Freshwater pearls exhibit diverse shapes and sizes, offering jewelry designers the flexibility to create unique and innovative pieces. From classic round pearls to baroque and button shapes, the variety in freshwater pearls allows for creative designs that cater to different consumer preferences. Freshwater pearls come in various natural colors, including white, cream, pink, lavender, and even more exotic hues.
The Gold segment is anticipated to grow at a CAGR of 13.2% during (2023 - 2030). A sophisticated and luxurious aesthetic is produced by combining gold and pearls. Gold settings, whether in settings, chains, or other components, enhance the overall visual appeal of pearl jewelry. This luxurious appearance attracts consumers seeking high-end and statement pieces. Gold provides versatility in design, allowing for the creation of intricate and elaborate settings for pearl jewelry.
The Asia Pacific region dominated the Global Pearl Jewelry Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $14.2 billion by 2030. The Europe region is experiencing a CAGR of 12% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 12.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/pearl-jewelry-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Mikimoto Co., Ltd., Kailis Jewellery, Jewelmer Group, CPI Luxury Group, TASAKI & Co., Ltd., Pearl Falco Corporation, Wing Wo Hing Jewelry Group Ltd., Isle of Wight Pearl, Pearls of Australia Pty Ltd, and PearlParadise.com Inc.
By Pearl Nature (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Type (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Pearl Source (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Material (Volume, Thousand Units, USD Billion, 2019 to 2030)
By Geography (Volume, Thousand Units, USD Million, 2019 to 2030)
Companies Profiled
Unique Offerings 
