The global jewellery market is anticipated to grow at an astounding CAGR in the forecast period owing to rise in consumer preference for branded and smart wearable jewellery. Driving factors for jewellery market comprises consumer shift in jewellery styles and fashion coupled with rise in demand for artistic jewellery. Moreover, rise in retail and e-commerce platforms dealing in jewellery and ornaments are likely to contribute to the market growth in the forthcoming period. The market witnesses several opportunities such as marketing and promotional techniques for jewellery and inception of innovative style and variants. However, significant costs and high custom demands are likely to affect the market growth during the forecast period.
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