The Global Jewelry Scenarios

The Current Global Jewelry Scenarios

by Thursday, 02 May 2024

by Federica Frosini

In this new dossier, we review the situation of the international markets of Europe, Asia, the USA and Africa, highlighting each one’s macro direction that is influencing the choices of the end consumer. From Asia with a focus on China, still the reference market for hard luxury, to the USA explained by analyst Luca Solca, to the latest data issued by Intesa Sanpaolo's Study and Research Center on the European market’s first quarter. Lastly, for Africa, a quick snapshot of Angola - whose government is working to diversify the economy away from oil, which has been a promising...

Thursday, 02 May 2024

The Jewelry Landscape in Europe

Thursday, 02 May 2024

The Jewelry Landscape in Asia 



The Jewelry Landscape in USA

by Thursday, 02 May 2024

by Barbara Rodeschini

According to Altagamma's Consensus 2024, released in November 2023, international macroeconomic uncertainty and volatility rising inflation, high interest rates, geopolitical tensions, price increases and the declining purchasing power of middle and highend consumers – have led to a moderate market growth forecast for 2024. To be precise, the hard luxury segment - jewelry and watches - will maintain a positive trend with jewelry, still considered a safe haven and investment asset, at +5.5%, and timepieces, also seen as capitalization opportunities, especially for rare and hard-to-find...

The Jewelry Landscape in Africa

by Thursday, 02 May 2024

by Federica Frosini

What are the prospects for global luxury brands and investors looking to enter or expand in Angola? A recent article published by BoF in March 2024, pointed out that, despite the economy experiencing a setback, the purchasing power of highspending customers in the country remains high. A scenario supported by the African Development Bank, which reported a growth of 3.5% in GDP in 2023. For a more complete picture, here are some highlights. - In Angola, the revenue generated by the jewelry market is estimated at EUR 300.70 million in 2024, with an annual growth rate of 9.77% (CAGR...


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