The jewellery box market had an estimated market share worth USD 153.1 million in 2023, and it is predicted to reach a global market valuation of USD 223.4 million by 2034, growing at a CAGR of 3.6% from 2024 to 2034.
| Report Attribute | Details |
|---|---|
| Estimated Market Value in 2023 | USD 153.1 million |
| Expected Market Value in 2024 | USD 157 million |
| Projected Forecast Value in 2034 | USD 223.4 million |
| Anticipated Growth Rate from 2024 to 2034 | 3.6% CAGR |
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Companies can advance in the jewellery market jewellery box by using these tactics:
The global demand for the jewellery box market was estimated to reach a valuation of USD 134.9 million in 2018, according to a report from Future Market Insights (FMI). From 2018 to 2023, the jewellery box market witnessed significant growth, registering a CAGR of 2.6%.
| Historical CAGR from 2018 to 2023 | 2.6% |
|---|---|
| Forecast CAGR from 2024 to 2034 | 3.6% |
The use of smart technology is a new invention in the jewellery box industry. These days, several jewellery boxes come with integrated RFID (Radio Frequency Identification) or Bluetooth tracking devices, which improve ease and security by enabling customers to find their valuables via smartphone apps.
The market for jewellery box is expected to grow in the future due to these factors:
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Increasing Demand for Personalization and Safe Packaging to Boost Sales
The rising demand of customization is one of the factors propelling the jewellery box market. Consumers look for jewellery boxes that complement their distinct tastes in fashion and fit their own collections. The increasing accessibility of customization choices along with the growing demand for personalized jewellery boxes is propelling market expansion and innovation.
Demand for safe packaging is driven by the growing e-commerce industry. There is a greater demand for eye-catching packaging options when purchasing jewellery online. This increases the need for jewellery boxes to safeguard goods in transportation and improve the unpacking experience for consumers.
Built in Wardrobe Storage Options to Impede the Market Growth
The market for jewellery boxes faces competition from built-in furniture storage and other non-traditional storage options like jewellery organizers, which might undermine sales of standalone jewellery boxes.
Economic downturns may also have an effect on demand by influencing consumer expenditure on non-essential goods. Volatile raw material prices and interruptions in the supply chain might raise manufacturing costs, reducing businesses' profit margins. There are threats to consumer trust and market integrity from counterfeit goods and brand infringement.
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This section focuses on providing detailed analysis of two particular market segments for jewellery box, the dominant material and the significant application. The two main segments discussed below are the paper and rings and earrings.
| Material | Paper |
|---|---|
| Market Share in 2024 | 57.6% |
In 2024, the paper material segment is likely to gain a market share of 57.6%. They are perfect for both online shipping and retail displays since they are lightweight and portable. Paper boxes appeal to people who care about the environment since they are sustainable and eco-friendly.
Paper boxes are a simple way to add branding or ornamental elements to improve the jewellery's overall presentation. When compared to other materials, paper boxes are more economical, providing companies with an attractive yet reasonably priced packaging option.
| End Use | Rings and Earrings |
|---|---|
| Market Share in 2024 | 49.1% |
In 2024, the rings and earrings segment is anticipated to acquire 49.1% market share. The need for safe and well-organized storage solutions is fueled by their growing popularity as necessary fashion items.
The popularity of buying jewellery online has made small, sturdy packaging necessary for easy shipment and storage. Market expansion is fueled by the development of customized and personalized jewellery, which prompts customers to look for creative storage solutions for their collections.
This section will go into detail on the jewellery box markets in a few key countries, including the United States, the United Kingdom, China, Japan and South Korea. This part will focus on the key factors that are driving up demand in these countries for jewellery box.
| Countries | CAGR from 2024 to 2034 |
|---|---|
| The United States | 1.1% |
| The United Kingdom | 1% |
| China | 4.5% |
| Japan | 1.6% |
| South Korea | 1.6% |
The United States jewellery box ecosystem is anticipated to gain a CAGR of 1.1% through 2034. Jewellery boxes are used as ornamental additions in house interiors in the United States, following popular trends in home décor.
Customers look for jewellery boxes that are not only practical but also aesthetically beautiful, adding to the overall ambience of their living areas and offering useful storage options for their accessories.
The jewellery box market in the United Kingdom is expected to expand with a 1% CAGR through 2034. The rich cultural legacy of the United Kingdom has an impact on the market for jewellery boxes, as customers value classic beauty and workmanship in their accessories. The fashion-forward populace of the United Kingdom creates a desire for fashionable jewellery boxes that both reflect and enhance their own style.
The jewellery box ecosystem in China is anticipated to develop with a 4.5% CAGR from 2024 to 2034. Demand for fine jewellery boxes made of premium materials and embellished with elaborate patterns is driven by the expanding middle class and rising disposable incomes. This factor also contributes to a growing appreciation for luxury items and lifestyle accessories.
Chinese customers seek jewellery boxes not just for functional storage but also as attractive objects that symbolize wealth, success, and good fortune. Chinese consumers have a long history of appreciating symbolism and aesthetics.
The jewellery box industry in Japan is anticipated to reach a 1.6% CAGR from 2024 to 2034. A distinct fusion of contemporary lives, cultural traditions, and a passion for handicrafts drives the desire for jewellery boxes in Japan.
Japanese customers appreciate well crafted jewellery boxes for their dual use as elegant ornamental items and as useful storage solutions, owing to their long tradition of fine craftsmanship and attention to detail.
The jewellery box ecosystem in South Korea is likely to evolve with a 1.6% CAGR during the forecast period.
The demand for jewellery boxes is driven by South Korea's emphasis on gift-giving culture, especially on special events like weddings, birthdays, and holidays. These boxes are frequently used to offer jewellery presents, demonstrating the significance of history and symbolism in Korean gift-giving rituals.
In order to achieve scalability, significant players in the global jewellery box market are concentrating on a number of tactics. To keep up with changing customer tastes, they make research and development investments to create novel designs and materials.
E-commerce platforms and merchants may develop strategic collaborations to broaden the market reach, and brand exposure can be improved through efficient marketing efforts. Supply chain management and manufacturing process optimization also guarantee effective operations and provide for scalability in response to rising market demand. The key players in this market include:
Significant advancements in the jewellery box market are being made by key market participants, and these include:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 3.6% from 2024 to 2034 |
| Market value in 2024 | USD 157 million |
| Market value in 2034 | USD 223.4 million |
| Base Year for Estimation | 2023 |
| Historical Data | 2018 to 2023 |
| Forecast Period | 2024 to 2034 |
| Quantitative Units | USD million for value |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Material, Distribution Channel, Application, Region |
| Region Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa |
| Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel |
| Key Companies Profiled | Dahlinger GmbH and Co KG; Potters Limited; Holmen AB ADR; McLaren Packaging Ltd.; Taylor Box Company; Thomas Sabo GmbH and Company KG; Westpack; Gunther mele limited; Wellery Boxes; Sacher & Co. GmbH |
| Customization Scope | Available on Request |
The jewellery box market is expected to garner a 3.6% CAGR from 2024 to 2034.
By 2024, the global jewellery box market is likely to gain USD 157 million.
By 2034, the jewellery box market valuation is likely to reach a sum of USD 223.4 million.
The jewellery box industry in the United States is likely to garner a 1.1% CAGR during the forecast period.
Paper jewellery box is anticipated to be highly preferred and hence gain a 57.6% market share in 2024.
The jewellery box will be greatly used for rings and earrings and gain a 49.1% market share in 2024.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material 5.1. Wood 5.2. Leather 5.3. Paper 5.4. Metal 5.5. Glass 5.6. Plastic 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution Channel 6.1. Offline 6.1.1. Hypermarket & Supermarket 6.1.2. Retail Store 6.1.3. Convenience Store 6.1.4. Other Offline Store 6.2. Online 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 7.1. Necklace 7.2. Bracelet 7.3. Ring & Earring 7.4. Watches 7.5. Others 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Dahlinger GmbH and Co KG 18.2. Potters Limited 18.3. Holmen AB ADR 18.4. McLaren Packaging Ltd. 18.5. Taylor Box Company 18.6. Thomas Sabo GmbH and Company KG 18.7. Westpack 18.8. Gunther Mele Limited 18.9. Wellery Boxes 18.10. Sacher & Co. GmbH 19. Assumptions & Acronyms Used 20. Research Methodology
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Jewellery Box Market
