Global Chalcedony Earrings Market By Distribution Channel (Retail Store, Teleshopping and Online Platform), By Type (Сhаlсеdоnу Dіаmоnd Еаrrіngѕ, Сhаlсеdоnу Gоld Еаrrіngѕ and Сhаlсеdоnу Ѕіlvеr Еаrrіngѕ) By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: Dec 2021
- Report ID: 62862
- Number of Pages: 212
- Format:
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Chalcedony Earrings Market Overview:
Global chalcedony earrings sales were valued at USD 5,734.6 million in 2021. They are expected to grow at a CAGR of 10.5% over the forecast period.
The market is expected to grow due to rising consumer preferences for authentic and antique jewelry. The market will be influenced positively by increasing awareness about the availability of different types of natural gemstones and changing fashion trends.
Global Chalcedony Earrings Market Scope:
Distribution Channel Analysis
The market leader, 35%, was the retail segment. Because of its durability and modern designs, jewelry made from chalcedony stone is suitable for everyday wear. The stores’ low investment costs are expected to be a boon for growth. The market for chalcedony earrings is expected to grow during the forecast period due to rapid expansion in the jewelry industry and the willingness of consumers to invest more in the latest fashion trends.
The fastest-growing channel online is expected to grow at 11.1% CAGR between 2023 and 2032. Online shopping is a popular choice because of its convenience and low prices. The popularity of contemporary jewelry, especially earrings for everyday wear, is expected to increase because of their lightweight and durability. They also offer a wide selection of products at affordable prices. Manufacturers are focusing on new designs in chalcedony earrings that can be afforded.
Type Analysis
In 2021, the largest market share was held by Сhаlсеdоnу Gоld Еаrrіngѕ. The durability and designs of jewelry made with gold are reasons why chalcedony gold earring is popular. It is also expected that the chalcedony diamond earrings are costlier, which should bode well for their growth.
Маrkеt Ѕеgmеntѕ
By Distribution Channel
- Retail Store
- Teleshopping
- Online Platform
By Type
- Сhаlсеdоnу Dіаmоnd Еаrrіngѕ
- Сhаlсеdоnу Gоld Еаrrіngѕ
- Сhаlсеdоnу Ѕіlvеr Еаrrіngѕ
Market Dynamics:
The primary driver of chalcedony earrings demand is the growing adoption of colored stones, especially by millennials. Market growth is expected to be buoyed by increased exports from countries like Brazil, Mexico, and India. The U.S. is the country with the highest demand for chalcedony earrings. The global market is expected to be driven by the high demand for birthstone jewelry, as well as lightweight jewelry made with silver, gold, and platinum.
Chalcedony, a rock structure made of quartz and moganite, is called chalcedony. These translucent gems are often available in a variety of colors, including blue, white, brown, and gray. The chalcedony earrings are versatile and fashionable for everyday use due to their wide range of colors. These gemstones are a viable choice for fashion jewelry because of their affordability and availability. In the future, there will be growth opportunities due to the availability of many designs, colors, patterns, and styles of earrings.
The demand for chalcedony earrings will be driven by the belief in the positive effects of these gems. The chalcedony gems are thought to improve mental flexibility and verbal dexterity. They improve communication skills and stimulate learning of new languages. They also increase optimism and lightheartedness.
These stones are also a natural anti-inflammatory and have the ability to heal the respiratory system and lower blood pressure. These effects are expected to increase consumer awareness, which should bode well for product demand.
Regional Analysis
In 2021, North America occupied the largest market share at 37.3%. This region is a hub for the production and demand of gemstones, particularly from the U.S. The demand for chalcedony earrings will be driven by the growing popularity of authentic and natural jewelry in the U.S., Mexico, and Canada.
The demand for chalcedony earrings is expected to be driven by the region’s high disposable income and willingness of women to spend more on fashion jewelry. Additionally, the U.S. produced 90% of all-natural gemstones from the country in a total of twelve states. Regional growth is expected to be buoyant by the rising popularity of earrings due to their affordability and versatility.
Asia Pacific is expected to expand at the highest CAGR of 11.0% between 2023 and 2032. China and India have created a stable market for chalcedony, which is expected to increase regional demand for earrings made of chalcedony. China accounts for around 30% of global jewelry demand. The key growth drivers of the region’s market are increased consumer awareness, online shopping popularity, and fashion consciousness.
Key Regions and Countries covered in the rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Key Companies & Market share:
T&CO and Wanderlust Life, The Jewellery Channel Limited, GEMPORIA LTD, Stauer.com, Ana Silver Co., Gopali Jewellers, NOVICA United, Inc., Pyramid & Precious International, and BLOOM JEWELRY LLC. are the most prominent players in the global market. Companies also focus on increasing their production capacity and developing innovative technologies to meet the rising demand for chalcedony earrings.
Маrkеt Рlауеrѕ іnсludеd in the rероrt:
- GEMPORIA LTD
- The Jewellery Channel Limited
- Tiffany & Co.
- Gopali Jewellers
- NOVICA United
- BLOOM JEWELRY LLC
- Pyramid & Precious International
- Ana Silver Co
- Other Key Players
For the Chalcedony Earrings Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
Q: What is the Chalcedony Earrings market size?A: The Chalcedony Earrings market size is US$ 5,734.6 Million in 2021.
Q: What is the CAGR for the Chalcedony Earrings market?A: The Chalcedony Earrings market is expected to grow at a CAGR of 10.5% during 2023-2032.
Q: What are the segments covered in the Chalcedony Earrings market report?A: Market.US has segmented the Chalcedony Earrings market by geography (North America, Europe, APAC, South America, and the Middle East and Africa). By Distribution Channel (Retail Store, Teleshopping and Online Platform), By Type (Сhаlсеdоnу Dіаmоnd Еаrrіngѕ, Сhаlсеdоnу Gоld Еаrrіngѕ and Сhаlсеdоnу Ѕіlvеr Еаrrіngѕ)
Q: Who are the key players in the Chalcedony Earrings market?A: GEMPORIA LTD, The Jewellery Channel Limited, Tiffany & Co., Gopali Jewellers, NOVICA United, BLOOM JEWELRY LLC, Pyramid & Precious International, Ana Silver Co, Other Key Players, are the key vendors in the Chalcedony Earrings market.
Q: Which region is more attractive for vendors in the Chalcedony Earrings market?A: North America region will register the highest revenue share of 37.3%. Therefore, North America Chalcedony Earrings market is expected to garner significant business opportunities for the vendors during the forecast period.
Q: What are the key markets for Chalcedony Earrings?A: Key markets for Chalcedony Earrings are The US, China, India, Brazil, etc.
Q: Which segment has the largest share in the Chalcedony Earrings market?A: In the Chalcedony Earrings market, vendors should focus on grabbing business opportunities from the Retail store segment as it accounted for the largest market share in the base year.
- GEMPORIA LTD
- The Jewellery Channel Limited
- Tiffany & Co.
- Gopali Jewellers
- NOVICA United
- BLOOM JEWELRY LLC
- Pyramid & Precious International
- Ana Silver Co
- Other Key Players
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