MEA Jewellery Market Size and YoY Growth (2025-2032)

Growing demand for premium jewellery, deeper cultural affinity for gold and gemstones, and expanding modern retail channels are shaping purchasing behaviour across the Middle East & Africa region. The MEA jewellery market was valued at USD 37.12 billion in 2025 with a YoY growth of 1.56%, supported by strong tourism activity, higher disposable incomes, and the influence of luxury-led consumer aspirations. As economic conditions stabilise and digital commerce advances, the Middle East & Africa jewellery market is estimated to reach USD 37.77 billion in 2026, reflecting increased interest in authenticated, design-led, and investment-focused jewellery.

During 2027–2032, the MEA jewellery market is projected to expand steadily, moving from USD 38.55 billion in 2027 to USD 46.76 billion in 2032, with YoY growth improving from 2.05% to 5.79%. This progression is supported by premiumisation, a stronger gifting culture, and the region’s long-standing heritage in high-value jewellery. Strengthening retail infrastructure, rising consumer confidence, and ongoing demand for luxury craftsmanship continue to enhance the long-term growth potential of the Middle East & Africa region within the global jewellery industry.