The global demi fine jewelry market was valued at USD 3.10 billion in 2023 and is projected to be worth USD 3.33 billion in 2024 and reach USD 6.31 billion by 2032, exhibiting a CAGR of 8.30% during the forecast period.

Demi fine jewelry are ornaments made with precious metals, such as sterling silver and vermeil gold. The demi fine jewelry falls between cheap costume jewelry and expensive delicate jewelry. The low price range is set to propel the sale of demi fine jewelry during the forecast period.

Fortune Business Insights™ mentioned this in a report titled “Demi Fine Jewelry Market, 2024-2032.”

List of Key Players Present in the Report:

Information Source:  https://www.fortunebusinessinsights.com/demi-fine-jewelry-market-108419

Segments

Rising Demand for Trendy Jewelry to Propel Market Growth for Earrings

By type, the market is segmented into bracelets, earrings, necklaces, and rings. Due to the increasing demand for trendy jewelry and its growing popularity among women, the market is expected to witness growth during the forecast period. The rising consumer inclination toward earrings also propels the market growth over 2024-2032.

Rising Demand for Fusion Jewelry Designs amongst Women to Drive the Segment

Based on end user, the market is segmented into women and men. The women segment will dominate the demi fine jewelry market share and hold a significant market share over 2024-2032. The increasing trend of fusion jewelry that combines modern, ethnic, and traditional jewelry is driving the market during the forecast period.