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Global Gems & Jewelry Market to Reach $608.1 Million by 2030


The global market for Gems & Jewelry is expected to reach $608.1 million by 2030, with a Compound Annual Growth Rate (CAGR) of 8% over the period 2022-2030, according to a report by Reportlinker.com. The market was estimated to be at $328.3 million in 2022, with Diamond in Gold being one of the segments analysed in the report, projected to record 8.4% CAGR and reach $183.7 million by 2030. The US market is estimated at $89.4 million, while China is forecast to grow at 11.9% CAGR and reach $135.4 million by 2030. The report features 264 featured competitors, including Blue Nile, Titan Co., Ltd., Chow Tai Fook Jewellery Group Limited, Rajesh Exports Ltd, Malabar Gold & Diamonds, and Tiffany & Co. Despite a challenging economic climate, there is still opportunity for businesses and leaders who can adapt and chart a path forward with resilience.




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