Global Jewelry Market Is Estimated To Reach $266.53 Billion

Jewelry Market

Jewelry Market

According to Fortune Business Insights, the global jewelry market size is expected to showcase a considerable growth by reaching USD 266.53 billion, while exhibiting a CAGR of 3.7% between 2020 and 2027. This is attributable to the increasing adoption of technology and the remarkable emergence of digital media platforms that propel the demand for luxury jewelry globally. Fortune Business Insights, published this information in its latest report, titled, “Jewelry Market, 2020-2027.” The report further mentions that the market stood at USD 330.0 billion in 2019 and is projected to gain momentum in the forthcoming years.

Reduce Number of Labor Workforce amid COVID-19 to Hinder Growth

The global pandemic has led to a lockdown announced by the government agencies across the globe. This has led to a partial lockdown of industrial operation…



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.