India Jewellery Market Size, Share, Growth & Report 2034

# India Jewellery Market Size, Share, Growth & Report 2034 ![India Jewellery Market 11](https://hackmd.io/_uploads/ByH9Qgem-x.jpg) India Jewellery Market Report Introduction According to IMARC Group’s report titled "India Jewellery Market Size, Share, Growth & Report 2034" the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights. Note : We are in the process of updating our reports to cover the 2026–2034 forecast period. For the most recent data, insights, and industry updates, please click on ‘Request Free Sample Report. Request Free Sample Report : <a href="https://www.imarcgroup.com/india-jewellery-market/requestsample">https://www.imarcgroup.com/india-jewellery-market/requestsample</a> India Jewellery Market Overview The <a href="https://www.imarcgroup.com/india-jewellery-market">India jewellery market size</a> reached USD 95.1 Billion in 2025. Looking forward, the market is expected to grow to USD 151.4 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 5.30% during the forecast period from 2026 to 2034. Growth is driven by rapid urbanization, cultural preferences for gold and precious stones, rising demand for wedding jewellery, expansion of online shopping, and a shift towards branded and modern designs. India Jewellery Market Key Takeaways <ul> <li>Current Market Size (2025): USD 95.1 Billion</li> <li>CAGR (2026-2034): 5.30%</li> <li>Forecast Period: 2026-2034</li> <li>The market benefits from rapid urbanization and strong cultural affinity toward gold and precious stones.</li> <li>Increased demand for wedding jewellery and online sales channels are noticeably boosting growth.</li> <li>The move toward branded, modern, and customized jewellery styles is shaping market dynamics.</li> <li>E-commerce platforms like CaratLane, BlueStone, and Tanishq are expanding consumer reach.</li> <li>Sustainability and ethical sourcing are rising trends propelling eco-friendly jewellery demand among younger demographics.</li> </ul> India Jewellery Market Growth Factors <ul> <li data-start="0" data-end="111"> Rapid urbanization in India is increasing consumer spending power, driving higher demand for jewellery. </li> <li data-start="112" data-end="236"> Strong cultural attachment to gold and precious materials sustains demand, especially during weddings and festivals. </li> <li data-start="237" data-end="328"> Seasonal celebrations contribute to a significant expansion of overall market size. </li> <li data-start="329" data-end="443"> Growth of branded jewellery retail is strengthening consumer trust and supporting long-term market growth. </li> <li data-start="444" data-end="559"> Expansion of online jewellery platforms is offering wider product choices and greater shopping convenience. </li> <li data-start="560" data-end="668"> Rising disposable incomes are enabling consumers to invest in custom and statement jewellery pieces. </li> <li data-start="669" data-end="784"> Technological advancements, such as 3D printing, are enhancing product customization and design innovation. </li> <li data-start="785" data-end="916"> Increasing use of influencer marketing and social media is boosting awareness and demand for contemporary jewellery styles. </li> <li data-start="917" data-end="1096" data-is-last-node=""> Growing preference for eco-friendly and ethically sourced jewellery, including lab-grown diamonds, is shaping purchasing decisions among environmentally conscious consumers. </li> </ul> Buy the Latest 2026 Edition : <a href="https://www.imarcgroup.com/checkout?id=31074&method=1337">https://www.imarcgroup.com/checkout?id=31074&method=1337</a> India Jewellery Market Trends <article class="text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&:has([data-writing-block])>*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" tabindex="-1" data-turn-id="request-WEB:3b741e14-3c5c-431f-8e24-8fd929d2a6b4-45" data-testid="conversation-turn-26" data-scroll-anchor="true" data-turn="assistant"> <div class="text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @w-sm/main:[--thread-content-margin:--spacing(6)] @w-lg/main:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:40rem] @w-lg/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn" tabindex="-1"> <div class="flex max-w-full flex-col grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&]:mt-1" dir="auto" data-message-author-role="assistant" data-message-id="96d8ad27-8ee6-4eac-b67e-5888b072fd30" data-message-model-slug="gpt-5-2"> <div class="flex w-full flex-col gap-1 empty:hidden first:pt-[1px]"> <div class="markdown prose dark:prose-invert w-full break-words light markdown-new-styling"> <ul data-start="0" data-end="1355" data-is-last-node="" data-is-only-node=""> <li data-start="0" data-end="118"> Rising interest in modern and themed jewellery among Millennials and Gen Z consumers is shaping market trends. </li> <li data-start="119" data-end="254"> Growing popularity of custom-made jewellery, driven by brands such as Giva and AuGrav, which emphasize personalization. </li> <li data-start="255" data-end="390"> Launch of Nishani, India’s first fully customizable jewellery brand, highlights increasing demand for quality, bespoke designs. </li> <li data-start="391" data-end="506"> Influence of social media influencers is accelerating interest in unique and personalized jewellery styles. </li> <li data-start="507" data-end="633"> Jewellery retailers are leveraging advanced technologies such as 3D printing to efficiently produce customized pieces. </li> <li data-start="634" data-end="771"> Rapid growth of online jewellery platforms like CaratLane, BlueStone, and Tanishq is enhancing accessibility and convenience. </li> <li data-start="772" data-end="883"> Adoption of augmented reality (AR) virtual try-on features is improving the online shopping experience. </li> <li data-start="884" data-end="992"> Streamlined digital payment systems are boosting consumer confidence in purchasing jewellery online. </li> <li data-start="993" data-end="1169"> Increasing demand for environmentally sustainable and ethically sourced jewellery is driving use of recycled metals, conflict-free diamonds, and lab-grown alternatives. </li> <li data-start="1170" data-end="1355" data-is-last-node=""> Jewellery companies are promoting sustainability initiatives, including eco-friendly packaging, fair-trade sourcing, and alignment with the values of India’s growing middle class. </li> </ul> </div> </div> </div> </div> </div> </div> </article> India Jewellery Market Segmentation Product Insights: <ul> <li>Necklace: Includes various styles of necklaces catering to traditional and modern tastes.</li> <li>Ring: Covers wedding bands, engagement rings, and fashion rings.</li> <li>Earrings: Encompasses a broad range of earrings in various designs and materials.</li> <li>Bracelet: Includes traditional and contemporary bracelet styles.</li> <li>Others: Comprises additional jewellery products beyond the main categories.</li> </ul> Material Insights: <ul> <li>Gold: Traditional and widely preferred jewellery material.</li> <li>Platinum: Niche luxury segment material.</li> <li>Diamond: Popular for wedding and fashion jewellery, including natural and lab-created diamonds.</li> <li>Others: Covers other materials used in jewellery manufacturing.</li> </ul> Regional Insights <ul> <li>North India</li> <li>South India</li> <li>East India</li> <li>West India</li> </ul> The market is dominated by North India with significant market share driven by cultural jewellery preferences and wedding demand. The overall India jewellery market is forecast to grow at a CAGR of 5.30% during 2026-2034. India Jewellery Market Recent Developments & News <ul> <li>In November 2024, Tanishq, part of Tata Group, announced plans to trial installation of De Beers machines in stores to verify diamond quality, including tools like SynthDetect XL Plus and DiamondProof.</li> <li>In August 2024, Joyalukkas revealed plans to launch an online-only jewellery brand by FY26 targeting younger consumers, focusing on organic growth and trendy diamond jewellery for metro and tier-I markets.</li> </ul> India Jewellery Market Key Highlights of the Report <ul> <li>Comprehensive analysis of market size, share, trends, and forecasts from 2020 to 2034.</li> <li>Detailed segmentation by product type and material.</li> <li>Assessment of competitive landscape with company profiles.</li> <li>Insight into market growth drivers and challenges.</li> <li>Porter’s five forces analysis for competitive intensity and attractiveness.</li> <li>Coverage of regional markets including North, South, East, and West India.</li> </ul> Get Your Customized Market Report Instantly: <a href="https://www.imarcgroup.com/request?type=report&id=31074&flag=E">https://www.imarcgroup.com/request?type=report&id=31074&flag=E</a> Customization Note: If you require any specific information not covered within this report’s scope, we will provide it as part of the customization. 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