According to Value Market Research, the global pearl market size is projected to experience significant growth, with expectations to reach a market size of approximately USD 16.24 billion by 2032. This represents a substantial increase from the USD 4.92 billion recorded in 2023. The market is anticipated to expand at a compound annual growth rate (CAGR) of 14.2% over the study period from 2024 to 2032. This robust growth forecast reflects a strong and sustained demand for pearls, driven by factors such as rising consumer interest in luxury goods, increasing applications in jewelry and fashion, and a growing awareness of pearls as a valuable and sustainable product.
The major players in the Pearl market include K. Mikimoto, LVMH, Isle of Wight Pearl, Pearl Paradise, Kailis, Jewelmer, CPI Luxury Group, Assael, TASAKI & Co, Pearl Falco, Wing Wo Hing, Akuna Pearls, Pearl Jewelry Ito, Aquarian Pearls, Pearls of Australia, and Palas Emporio Pty Ltd.
Continue reading
The major players in the Pearl market include K. Mikimoto, LVMH, Isle of Wight Pearl, Pearl Paradise, Kailis, Jewelmer, CPI Luxury Group, Assael, TASAKI & Co, Pearl Falco, Wing Wo Hing, Akuna Pearls, Pearl Jewelry Ito, Aquarian Pearls, Pearls of Australia, and Palas Emporio Pty Ltd.
Continue reading