The India jewelry market was valued at approximately USD 85.52 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2030, according to recent estimates. Jewelry continues to be a vital fashion accessory in the Indian consumer landscape, enhancing personal style and overall appearance. As fashion trends evolve, particularly with the rising popularity of streetwear and contemporary styles, consumers are increasingly choosing jewelry pieces that complement their outfits and reflect their individuality. Both men and women are now more inclined to use jewelry as a means of self-expression, incorporating items like earrings, rings, and chains into everyday fashion.

In 2023, India accounted for 24.21% of the global jewelry market share, underlining the country's major role in the global jewelry industry. Indian consumers are showing a stronger preference for high-quality, durable, and meaningful products. https://www.grandviewresearch.....com/industry-analysi