Men’s Jewelry Market Size Worth USD 71,809.77 Million by 2032 | CAGR: 8.4%

The global Men’s Jewelry market size is expected to reach USD 71,809.77 Million by 2032, according to a new study by Polaris Market Research. The report “Men’s Jewelry Market Share, Size, Trends, Industry Analysis Report, By Product (Necklace, Ring, Earrings, Bracelet, Other Products); By Type; By Category; By Distribution Channel; By Age; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market for men's jewelry has experienced significant changes over the past few years. While it used to focus on wedding bands and cufflinks mainly, it has now expanded to cater to a wider range of styles and preferences. The market's growth can be attributed to several key trends, including an increased awareness of fashion, greater versatility in design, and evolving depictions of male masculinity in society. Additionally, men are becoming more interested in fashion and accessories to enhance their appearance in various public settings such as offices, parties, and outdoor recreational activities.

Also, a growing interest in cross-cultural complementing is expected further to boost the growth trajectory of the jewelry market. Greater investments in advertising and international initiatives will help to facilitate the global distribution of a diverse range of men's jewelry products. The increasing influence of e-commerce is also anticipated to play a significant role in boosting sales volumes in the industry during the forecast period. As consumer awareness of the quality of metals used in crafting high-end ornaments continues to expand, the global jewelry market is expected to grow. However, e-commerce fraud and a lack of understanding of hallmark criteria and ornament purity may somewhat hinder market expansion.

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Men's jewelry has become a prominent market segment, with fashion companies offering a diverse range of products. The increasing popularity of engraved gemstones, such as wedding bands and signet rings, drives the market growth. Bracelets are also gaining traction, with leather, beaded, chain, and cuff options available, with a wide range of designs and occasions catered to. Additionally, there has been a rise in the demand for chains, pendants with religious symbols or personal engravings, and layered necklaces. This growing interest in men's jewelry is contributing to the market's expansion.

Men’s Jewelry Market Report Highlights

• In 2023, the global market witnessed an increase in the demand for the ring segment since rings have been a crucial part of an individual's lifestyle, irrespective of gender. Rings have traditionally been worn as a symbol of engagement or marriage.
• The gold segment is expected to experience substantial growth in the market throughout the forecast period. Gold is one of the most commonly used metals in the jewelry industry, favored by a vast majority of buyers. The primary factor contributing to its market growth is its brilliant yellow color and lustrous appearance, owing to its high reflectivity and excellent light dispersion properties.
• The Asia Pacific region has emerged as the most dominant region in the jewelry market, with a significant CAGR over the forecast period. This growth is attributed to the rapidly changing societal trends and the evolution of the fashion industry in this region.
• The global key market players include T&CO. (LVMH Moët Hennessy Louis Vuitton SE), TOM WOOD, Bulgari (LVMH Moët Hennessy Louis Vuitton SE), Completedworks, le gramme, Miansai, The Great Frog, Clocks + Colours, Spinelli Kilcollin, David Yurman, Jaxxon, Hatton Labs, Shaun Lean, Bernard James, John Hardy, Chow Tai Fook Jewellery Company Limited, Malabar Gold & Diamonds, PANDORA JEWELRY LLC, Swarovski, Titan Company, Buccellati (Compagnie Financière Richemont SA), Cartier (Compagnie Financière Richemont SA), and LVMH Group, etc.

Polaris Market Research has segmented the men’s jewelry market report based on product, type, category, distribution channel, age, and region:

Men’s Jewelry, Product Outlook (Revenue - USD Million, 2019 - 2032)

• Necklace
• Ring
• Earrings
• Bracelet
• Other Products

Men’s Jewelry, Type Outlook (Revenue - USD Million, 2019 - 2032)

• Silver
• Gold
• Platinum
• Diamond
• Titanium
• Steel
• Tungsten
• Forged Carbon
• Other Types

Men’s Jewelry, Category Outlook (Revenue - USD Million, 2019 - 2032)

• Branded
• Unbranded

Men’s Jewelry, Distribution Channel Outlook (Revenue - USD Million, 2019 - 2032)

• Offline
• Online

Men’s Jewelry, Age Outlook (Revenue - USD Million, 2019 - 2032)

• Below 18 years
• 18-30 years
• 30-50 years
• Above 50 years

Men’s Jewelry, Regional Outlook (Revenue - USD Million, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Australia
• Rest of APAC

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of MEA

Men’s Jewelry Market Report Scope