US Jewelry Market to Grow Steadily, Reaching 8.6 Kt in Production and $114.6 Billion by 2035

A new report from IndexBox predicts steady growth in the US jewelry market over the next decade. The market is expected to expand at a compound annual growth rate (CAGR) of 1.1% in volume and 1.4% in value between 2024 and 2035. This growth is driven by increasing consumer demand for jewelry across the country.

Market consumption is projected to follow an upward trend, with volume reaching 8.6 kilotons (Kt) by 2035. The market’s value is also expected to rise, reaching $114.6 billion by the end of the forecast period at nominal wholesale prices.

With demand fueling this steady expansion, the US jewelry industry is set to maintain its positive trajectory in the coming years.

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