Asia Pacific Jewellery Market Size by Country Analysis (2025-2032)

Growing luxury preferences, stronger fashion influence, and expanding digital retail formats reshape competitive behaviour across the region. The APAC Jewellery market was defined in 2025 by significant demand concentration, with China at USD 42.90 billion, India at USD 17.74 billion, and Japan at USD 18.37 billion, supported by premium product appeal and increasing brand engagement. These fundamentals indicate that in 2026 is estimated to reflect continued advancement as companies strengthen omni-channel reach, enhance design variety, and refine value-led strategies to serve diverse consumer needs across APAC.
From 2027 to 2032, the APAC Jewellery Market is projected to expand as disposable incomes rise, urbanisation accelerates, and consumers prioritise personalised and premium categories. China is projected to reach USD 73.92 billion by 2032, while India is projected to reach USD 32.66 billion, reinforcing the depth of demand in both emerging and established markets. Japan’s projected USD 27.74 billion further signals steady upscale consumption. The sector grows because of middle-class expansion, evolving gifting traditions, and consistent product innovation that strengthens competitive differentiation and long-term APAC Jewellery market value.