# Australia Jewellery Market | Trends and Growth Report 2025-2033

## Market Overview

The [Australia jewellery market](https://www.imarcgroup.com/australia-jewellery-market) was valued at **USD 3.1 Billion** in 2024 and is projected to grow to **USD 4.7 Billion** by 2033. Spanning a forecast period from 2025 to 2033, the market is anticipated to grow steadily with a **CAGR of 4.2%**. This growth is fueled by innovations in design, manufacturing techniques, and a shift toward unique and contemporary jewellery styles catering to evolving consumer preferences.

## How AI is Reshaping the Future of Australia Jewellery Market

• AI-powered design tools enable jewellers to create highly personalized and intricate pieces rapidly, enhancing customization and customer satisfaction.

• Virtual try-on technologies leveraging augmented reality allow consumers to visualize jewellery before purchase, increasing engagement and reducing returns.

• Predictive analytics driven by AI help retailers stock inventory more efficiently, optimizing supply chains and reducing excess costs.

• AI-based consumer behavior analysis guides marketing strategies by identifying trends favored by Millennials and Gen Z, key demographics in the market.

• Automation in manufacturing reduces production time and improves precision in fine jewellery crafting, boosting output without compromising quality.

• AI-facilitated sustainable sourcing algorithms assist in ensuring ethically sourced materials, aligning with the increasing demand for sustainability and transparency.

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## Market Growth Factors

Rising Disposable Income: The Australian jewellery market growth is supported significantly by increasing disposable income, particularly among Millennials and Generation Z. These younger consumers are investing more in luxury and designer pieces, inspired by social media and celebrity culture. The growing middle class and higher employment rates have enabled a consumer preference for unique, high-quality jewellery pieces that express individual style and status. This demographic shift is a key driver for sustained market growth, evidenced by the surge in demand for personalized and standout jewellery.

Expansion of E-commerce: The proliferation of online retail platforms has transformed jewellery shopping in Australia. Consumers now enjoy browsing an extensive range of designs and brands conveniently from home. Jewellery companies are enhancing their digital interfaces with features like virtual try-ons and flexible payment options to cater to tech-savvy customers. This growth in digital commerce has expanded market reach significantly, enabling brands to connect with a broader audience and meeting the rising demand for convenience and accessibility in purchasing jewellery.

Cultural Shift Toward Luxury: Changing consumer attitudes in Australia show an increasing inclination toward luxury and designer jewellery as symbols of investment and social status. Buyers are more willing to spend on jewellery pieces that garner long-term value, such as rare gemstones and exclusive designer collections. Social media influence and celebrity endorsements further fuel this trend, making high-end jewellery more desirable and accessible. This cultural evolution is driving the demand for premium products and unique craftsmanship, which positions the industry for continued expansion.

## Market Segmentation

### Product Insights:

• Necklace

• Ring

• Earrings

• Bracelet

• Others

### Material Insights:

• Gold

• Platinum

• Diamond

• Others

### Regional Insights:

• Australia Capital Territory & New South Wales

• Victoria & Tasmania

• Queensland

• Northern Territory & Southern Australia

• Western Australia

## Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players.

## Recent Development & News

**• June 2025:** Museums Victoria launched the Gold Jewellery Acquisitive Prize offering three awards totaling USD 43,000 to Australian jewellers engaging creatively with gold themes, enhancing innovation incentives in the jewellery sector.

**• June 2025:** Emma Pillemer launched her Coachella-inspired jewellery collection "Wonderland," aiming for international expansion and demonstrating rising opportunities for new designers leveraging high-profile social and Hollywood connections.

**• May 2025:** Australian retail mogul Brett Blundy entered the premium jewellery market with Jewells, planning to open seven UK stores, directly challenging established brands like Mejuri and Missoma in the upscale segment.

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