Top 10 Jewelry Brands in the World 2018

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The jewelry industry is growing leaps and bounds over the last few years, thanks to shifting consumer shopping habits, the rise in urbanization, increased spending powers and consistent innovations by world’s leading jewelry brands in terms of product designs and quality. Indeed, gems and jewelry market has become highly fragmented with the presence of numerous players and thus necessitates companies to constantly innovate technologies, designs as well as maintain the purity of the precious metals to stay ahead of its competition. Before getting into the top 10 jewelry companies and their best selling jewelry brands in the world, here is an in-depth analysis of the gems and jewelry market by industry experts which is perfectly worth knowing.

Global Gems and Jewelry Market Analysis

The gems and jewelry market is getting stronger and healthier. The industry is undergoing significant changes over the years and is expected to grow at an impressive CAGR of more than 6 %?by 2022. As per market analysts at Technavio, the plain jewelry segment, which makes up more than 39 percent of the global gems and jewelry industry, is estimated to slightly decline by 2022. On the other hand, diamond jewelry is expected to reach a market value of more than $100 billion after five years. The regions that lead the market are APAC that holds the maximum market share. India and China, are popular countries in APAC, which are known for their gems and jewelry market. Gold jewelry is mostly bought in these countries.

For the latest gems and jewelry market report, global gems and jewelry market size, top gems and jewelry companies and future trends in this market please see Technavio’s?Global Gems And Jewelry Market Report 2018-2022, or download your?FREE Global Gems And Jewelry Market?Report Sample now!

Top 10 Jewelry Brands that are Dominating the Global Market in 2018

Chow Tai Fook Jewellery Group

Chow Tai Fook Jewellery is one of the leading global jewelry brands with the whopping $8 billion worth total assets.? The iconic jewelry brand is well-known for its innovative product designs, authenticity, value, and product quality.? Founded in 1929, the company has grown into global giant in jewelry industry that has presence in more than 500 cities with over 2,200 stores across the world including mainland China, Hong Kong, South Korea, Singapore, and the U.S. Led by Henry Cheng Kar-shun, Chow Tai Fook operates 10 jewelry manufacturing units and four diamonds cutting and polishing factories across the world. In 2014, the company acquired Hearts on fire, a US-based luxury diamond brand to expand its business platforms.

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LVMH

LVMH (Mo?t Hennessy Louis Vuitton) is one of the giants in the luxury goods industry that has a portfolio of 70 iconic brands in five different segments including fashion & leather goods, wines & spirits, perfumes & cosmetics, selective retailing, and watches & jewelry segment. LVMH has a presence in most of the countries across the world with a retail network of more than 4,370 stores worldwide. The jewelry and fine jewelry brands of the company are Bvlgari, Chaumet, Fred and De Beers which masters the art of manufacturing creative jewelry to constantly gratify its customers with new designs and experience. In 2017, the company made a whopping revenue of 42.6 billion euros with an operating margin of 19.5 %.

Rajesh Exporters

Incorporated in 1989, Rajesh Exports is one of the world leader in the gold industry which refines, designs, manufactures and sells gold jewelry across the world.? Rajesh Exports is the only jewelry brand in the world that operates complete value chain process of gold from refining to retailing. The Fortune Global 500 company specializes in the production of ASIAN jewelry and also offers a wide range of products in western and diamond jewelry. Rajesh exports products include necklaces, pendants, bangles, rings, earrings, and bracelets. In 2015, the company acquired Valcambi SA that operates precious metals mining plants Switzerland for $400 million.

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Richemont

Compagnie Financière Richemont AG, well-known as Richemont owns many of the global leading luxury goods companies which have made them the most-recognized luxury brand across the world, especially in the ecosystem of watches, jewelry, and writing instruments. The company comprises of 21 Maisons which covers several prestigious brands in the luxury industry including Jaeger-LeCoultre, Officine Panerai, Chloé, Alfred Dunhill, Montblanc, Vacheron Constantin, Piaget, IWC Schaffhausen, Van Cleef & Arpels, and Cartier. Richemont also owns online distributors including YOOX NET-A-PORTER GROUP and the recently acquired leading retailer; Watchfinder.

Signet Jewelers

Signet Jewelers, the parent company of some of the most successful brands like Kay Jewelers, and Zales has become one of the largest retailers of diamond jewelry. The company operates more than 3500 stores across the world under the brand names including Jared The Galleria of Jewelry, H.Samuel, Peoples, Piercing Pagoda, Ernest Jones, and JamesAllen.com. Signet Jewelers predominantly sells its products in regions including the United Kingdom, the Channel Islands, the United States, and the Republic of Islands. In 2014, Signet Jewelers acquired Zales which proved to be a perfect decision for the company. It also acquired the New York-based diamond retailer; R2Net.

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Emperor Watch and Jewelry

For over seven decades, Emperor Watch and Jewelry has been a leading manufacturer of the most sophisticated jewelry and a well-known retailer of cutting-edge timepieces. The company operates in Hong Kong, Macau, and Mainland China with a broader network of retail stores at prime locations. Emperor’s watch segment includes a broad portfolio of most-recognized watch brands such as Omega, Cartier, Rolex, Gucci, Longines, Mido, Zenith, and others. The company sells jewelry products including bracelets, necklaces, earrings, rings, diamond and gold under its own brand; Emperor Jewelry.

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Gitanjali Group

Gitanjali is one of the world’s largest group of companies that are engaged in sourcing of rough diamonds for manufacturing, selling, and exporting the polished diamonds and other jewelry products in domestic and international markets. Gitanjali offers its fine jewelry under brands including Asmi, Nakshatra, Nizam, Gdivas, Me Solitare, Me Jewels, Maya Diamonds, Maya Gold, Parineeta Shuddhi Jewels, Sangini, Nirvana, and Gili. Some of their fashion Jewelry brands are? Hoop, Kashvi, Lucera, Vivaaha, Viola, Jewels in Vogue, Tichino, Atelier Silver, Jhalak and Revv. The company acquired Trinity Watch that sells watches for gents and ladies in 2008.

Kalyan Jewelers

Backed by consistent innovation, transparency, cutting-edge designs, and product quality, the Thrissur-based jewelry brand Kalyan Jewelers has grown into a world-leading jewelry brand which is gaining immense prominence in domestic as well as international markets. Today, Kalyan has 122 company-owned stores including 90 in India and 32 in Middle East countries such as Qatar, Oman, Kuwait, and the UAE. The company has three manufacturing plants -two in Kerala, and one in Tamil Nadu, India. Kalyan Jewelers is planning to enter the US market this year with an investment of approximately $130 million and aims to start 20 stores.

Kering

Formerly known as PPR, Kering has transformed itself to become one of the leading luxury goods companies. The Paris-based company designs, manufactures and markets apparel and accessories across the world. The company offers leather goods, shoes, eyewear, jewelry and watches, and many other luxury products under brands such as Gucci Group, Balenciaga, Stella McCartney, Bottega Veneta, Yves Saint Laurent, Tomas Maier, and many other brands. Kering sells its products through franchise stores, multi-brand stores, department stores, along with e-commerce websites and retail channels.

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?Malabar Gold and Diamond

Malabar Gold and Diamonds is a prestigious flagship brand of India’s largest business conglomerate; ‘Malabar Group. Based in Dubai, Malabar Gold and Diamonds is a most-recognized brand in GCC and India owning over 132 retail outlets. The company offers luxury products such as Gold, Platinum, Diamond, and Pearl ornaments to cater the needs of its customers. The company’s ornaments are certified by several prominent International organizations such as the International Gemological Institute (IGI), Platinum Guild International (PGI) etc. Malabar Gold and Diamonds is planning to expand its global reach by opening two retail stores in the US this year.

Future Trends in the Global Gems and Jewelry Market

The mode of distributing gems and jewelry is rapidly changing. The online retail channel has evolved over the years and the use of this distribution channel is not restricted to apparel, accessories, footwear, personal care products, and electronics. The millennial population is more technologically advanced than the previous generations. Combine this with the rapid penetration of smartphones, and the Internet, the e-commerce platform is becoming increasingly popular in the gems and jewelry industry.

This medium of distribution has been adopted for the marketing and sale of jewelry by numerous jewelry brands which is helping them increase their revenue. For instance, jewelry brands like Sterling Jewelers and H. Samuel have their own e-commerce websites that offer numerous options and designs in all categories of jewelry like rings, necklaces, bracelets, and bridal collections. Consequently, the online jewelry market is gaining immense popularity and is likely to grow exponentially in the coming future.

For more market insights in the global gems and jewelry market, check this following report: