Yahoo Finanzen Jewelry Appraisal Global Strategic Business Report 2024: A $5 Billion Market by 2030, Driven by the Luxury Market`s Expansion and Insurance & Investment Demands
Global Jewelry Appraisal Market
Dublin, July 04, 2024 (GLOBE NEWSWIRE) -- The "Jewelry Appraisal - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Jewelry Appraisal was valued at an estimated US$3.1 Billion in 2023 and is projected to reach US$5.0 Billion by 2030, growing at a CAGR of 7.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the jewelry appraisal market is driven by several factors including rising consumer awareness, increased demand for luxury goods, and the proliferation of online jewelry sales. As consumers become more knowledgeable about the value determinants of jewelry, they seek professional appraisal services to ensure they make informed purchasing or selling decisions.
The luxury market`s expansion has also contributed significantly to this demand, as high-net-worth individuals and collectors often require appraisals for insurance and investment purposes. Additionally, the online jewelry market, which has grown exponentially, necessitates appraisals for transactions to certify the authenticity and value of pieces sold and purchased virtually. This dynamic has led to an increase in specialized appraisal services tailored to online buyers and sellers, thereby supporting the overall growth of the appraisal industry.
Key Attributes:
Report Attribute | Details |
No. of Pages | 186 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $3.1 Billion |
Forecasted Market Value (USD) by 2030 | $5 Billion |
Compound Annual Growth Rate | 7.3% |
Regions Covered | Global |
Key Insights:
Market Growth: Understand the significant growth trajectory of the Offline Appraisal segment, which is expected to reach US$3.4 Billion by 2030 with a CAGR of a 6.9%. The Online Appraisal segment is also set to grow at 7.9% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, estimated at $841.5 Million in 2023, and China, forecasted to grow at an impressive 11.5% CAGR to reach $1.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
Detailed Market Analysis: Access a thorough analysis of the Global Jewelry Appraisal Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Jewelry Appraisal Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
How is the Global Jewelry Appraisal Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?
Report Features:
Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as A and A Gemological Laboratory, Addeo Jewelers, Brown and Company Jewelers, and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 48 Featured):
A and A Gemological Laboratory
Addeo Jewelers
Brown and Company Jewelers
Casale Jewelers
Gem Pro Appraisal Services LLC
Global Appraisal Group
JandM Jewelry
Jewelry Appraisal Services Inc.
Martin Jewelers
Noah Gabriel and Co. Jewelers
The Jewelry Appraiser Inc.
VALUEPROS APPRAISAL SERVICES
For more information about this report visit https://www.researchandmarkets.com/r/1v8ynv
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