The outlook for fine jewellery in Malaysia remains optimistic, underpinned by the enduring high value of gold. The current elevated gold price presents significant opportunities, with sales of fine jewellery projected to remain robust as consumers continue to view gold as a valuable asset for investment.
Local niche jewellery brands are anticipated to enjoy increased traction as more Malaysians turn to community-oriented businesses that reflect local culture and values. These brands often forge deeper connections with consumers by incorporating elements of local heritage into their designs.
Demand for costume jewellery is expected to rise, driven by younger consumers - particularly Gen Z - who are drawn to minimalist designs that allow for creative expression and versatile styling. Local brands such as Moodd, Wanderlust + Co.
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Understand the latest market trends and future growth opportunities for the Jewellery industry in Malaysia 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 Malaysia, 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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