Across the forecast period, retail value growth in the jewellery market is expected to remain moderate. This will largely be due to the rising cost of raw materials, such as precious stones and metals, alongside the ongoing investment from established luxury brands in developing flagship stores and experiential showrooms that cater to affluent and status-driven customers.
The jewellery industry is facing the challenge of a growing number of people choosing not to hold traditional weddings and engagements; a trend that is expected to continue influencing consumer behaviour over the forecast period. The average age of first marriage in Taiwan in 2022 was approximately 32 for men and 30 for women.
Sustainable and ethical jewellery is expected to gain significant traction across the forecast period, as technological advancements play an increasingly pivotal role in jewellery design. While sustainable jewellery has already gained momentum in Western countries and Japan, it is now emerging in Taiwan and is anticipated to continue growing.
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Understand the latest market trends and future growth opportunities for the Jewellery industry in Taiwan 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 Taiwan, 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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