【Mumbai, Indi】India’s Diamond Market to Double in Five Years, Says De Beers Group Global CEO
Editor’s NoteThe De Beers CEO forecasts India’s diamond market could double to $20 billion within five years, highlighting significant growth…
Consumer Demand
【Switzerland】What’s Really Behind Watch Prices?
Editor’s NoteThe luxury watch market has experienced dramatic swings in recent years, from record highs to sudden corrections. As Chopard’s…
【Seoul, South】South Korea Emerges as a Battleground for Luxury Watches: New Brands Land, Stores Undergo Renovations
Editor’s NoteSouth Korea has become a key and competitive market for luxury watch brands, driven by strong domestic demand. This article explores how…
【Switzerland】Wealthy Shoppers Are Splashing the Cash on Jewelry — So Long as It’s the Right Brand
Editor’s NoteThis article highlights how Richemont’s high-end jewelry brands are outperforming in a luxury market where the ultra-wealthy are…
【Daegu, South】The Wealthy Turn to ‘Gold’ as a Safe Asset, but Jewelry Districts Are in Despair
Editor’s NoteThis report highlights the tangible economic impact of global market fluctuations on local businesses, as Daegu’s historic jewelry…
Supply Chain Transparency: How Data Illuminates Consumers’ Ethical Choices
Editor’s NoteThis article highlights a critical shift in consumer behavior, where demand for verifiable ESG data is replacing acceptance of mere…
【Surat, India】Surat Diamond Industry Faces Challenges Amid US Jewellery Market Contraction
Editor’s NoteThe global diamond industry faces a period of significant transition. As this report from Surat details, traditional hubs are contending…
【USA】Natural Diamonds Lose Their Luster
Editor’s NoteRecent data reveals a sharp divergence in the diamond market. While natural diamond prices have declined moderately from pre-pandemic…
Gem and Jewelry Market Size Participation and Trends 2026-2035
Editor’s NoteThis article provides a snapshot of the global gem and jewelry market’s projected growth, highlighting a steady expansion from $370…
【India】India Overtakes China to Become World’s Second Largest Natural Diamond Market
Editor’s NoteIndia has overtaken China to become the world’s second-largest natural diamond market by value in 2024, a significant milestone for its…