Market Demographics: Identifying Target Audience & Scope

India jewelry market accounted for the share of 24.21% of the global jewelry market in 2023. Consumers are increasingly in products that are high-quality, tangible, durable, and have profound value.

The global jewelry market size was valued at USD 353.26 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2030.

 

TARGET SEGMENT

  1. Fashion-Forward Individuals
  2. .Ethically Conscious Consumer
  3. Special Occasion Shoppers
  4. Cultural Enthusiasts
  5. Affluent Buyers
  6. Gift Givers