InternationalNews

Global jewellery industry to grow by 4%

Sustainability is expected to become an ‘increasingly important’ element of the purchasing decision, with consumers more aware of traceability and transparency throughout the supply chain and are researching this in all aspects of their lives

The jewellery industry is expected to rebound and grow globally between 3-4% over the next four to five years, with demand expected to increase from younger consumers and domestic markets with less international travel taking place, according to The Sheffield Assay Office.

During the pandemic, the jewellery industry saw revenues globally decline by 10-15%.

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