Pearl Jewelry Market Research Report from Zion Market Research reports that the global pearl jewellery market size was worth around USD 10.5 Billion in 2022 and is predicted to grow to around USD 25 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 13% between 2023 and 2030.
The global pearl jewellery market is projected to grow owing to the increasing popularity of pearls amongst all genders. Even though pearl has been long used as a jewellery item, the gemstone has recently gained more attention from the younger generation owing to the physical apparel and the richness that pearl imparts to the overall appearance of the person wearing it.
The international fashion industry is responsible for bringing pearls back into fashion since designers have initiated jewellery designs incorporating pearls in various formats. Factors like social media campaigns, excellent marketing and advertising techniques adopted by jewellery makers and sellers, along with growing awareness amongst consumers have resulted in a rise in demand for pearl jewellery. Pearl jewellery has become popular in the modern-age fashion industry which is highly influenced by centuries-old jewellery designs. Designers are investing heavily in bringing back old traditions and this can be witnessed in the ways pearls are getting incorporated along with other gemstones and jewellery metals to create a new era of contemporary jewellery.
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