Editor’s Note
The global jewelry market is experiencing a significant upswing, fueled by personalized consumption and e-commerce. This article highlights the scale and success of the recent Singapore International Jewelry Expo, a key event reflecting this industry momentum.
Driven by the dual forces of global personalized consumption trends and the rise of e-commerce, the jewelry market is entering a new growth cycle. The Singapore International Jewelry Expo 2025 celebrated its 20th anniversary on Thursday (July 10), attracting 414 exhibitors from 26 countries and regions at its opening. The event showcased exquisite jewelry with a total value exceeding US$250 million (approximately S$320 million).
Ho Yuen Kwan, President of the Singapore Jewellers Association, revealed at the opening ceremony that by the end of 2025, Singapore’s high-end jewelry market is projected to achieve total revenue of US$1.13 billion. Over the next five years, it is expected to achieve a compound annual growth rate (CAGR) of 4.89%.
Technological innovation was also a highlight of this year’s expo.
Low Yen Ling, Minister of State for Culture, Community and Youth, and Trade and Industry, pointed out in her opening address that the local jewelry industry should not be content with the traditional role of processing and exporting. Instead, it should actively adopt new technologies such as 3D printing, combine them with the advantages of the creative economy and digital transformation, and promote jewelry designs embodying “Made with Singapore” to regional and global markets.
Experloop Technology’s General Manager, Xu Tongjie, showcased smart jewelry embedded with microchips. Through a matching app, which combines unique touch positioning and chip scanning technology, it can not only store and display the wearer’s memories with the jewelry, appraisal certificates, and related information but also enable mobile payments.
Singapore’s first gold bar specialty store saw transactions of about 10 units within two weeks.
In an interview with Lianhe Zaobao, Xu Tongjie emphasized that although artificial intelligence and automation are changing the design process, creativity and craftsmanship remain the irreplaceable core values of jewelry design.
Giorgio Calveri, Trade Commissioner for Singapore and Brunei at the Italian Trade Agency, told Lianhe Zaobao that Italy has long valued its cooperative relationship with Singapore. Even when facing factors such as geopolitical tensions and regional political influences, it will not stop using Singapore as a base to expand into the Southeast Asian market.
