Retail sales of fine jewellery in Indonesia are expected to continue to grow at a healthy pace in both volume and current value terms during the forecast period. Gold jewellery will be a key driver of growth, due to its status as an integral part of Indonesian lifestyles, where it is worn as an expression of identity.
Customised wedding rings have gained significant popularity in recent years, with local consumers seeking to express their individuality and personal preferences through unique jewellery. Modern couples are now shunning mass-produced wedding rings, instead opting for bespoke designs that reflect their personalities, styles and values.
In 2024, Mondial, a leading player in Indonesia's jewellery industry, observed a shift towards more unisex designs, with jewellery becoming a prominent accessory for men as well as women. The General Manager of Mondial, Leslie Christian Saputra, noted that jewellery such as rings, brooches and necklaces have become popular among Indonesian men who have been inspired by South Korean celebrities in K-Pop and K-drama.
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Understand the latest market trends and future growth opportunities for the Jewellery industry in Indonesia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Jewellery industry in Indonesia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Jewellery
Jewellery is a kind of personal adornment usually made with various precious and semi-precious materials such as gemstones, precious metals, beads, glass, and shells. Jewellery is segmented as either real or costume jewellery. Hair Accessories are not included as part of Real or Costume jewellery.
See all of our definitionsThis report originates from Passport, our Jewellery research and analysis database.
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