Jewellery in the form of rings, necklaces, cuffs, bracelets – the list goes on, is popular among men and women to add a little spark to their outfits. With increasing income and jewelry being seen as a status symbol by many, the jewelry market is expected to grow at a compound annual growth rate (CAGR) of 8.5% from 2022 to 2030 according to Grand View Research.
This growing market is a big opportunity for anyone with a good eye for unique jewelry items to start their very own jewelry brand or extend their existing assortment with a jewelry line. No matter whether you are a creator, retailer or entrepreneur, these jewelry trends will make sure that your jewelry business will be a success.
Playful Jewelry
Hearts, smiley faces, emojis, unique shapes and patterns or bright flashing colors – jewelry that is playful and catches the eye is perfect to express yourself. These playful items can be sold as part of seasonal campaigns in the colors of spring with a few flower elements or to express consumers’ self-identity aligned with their zodiac signs, initials, and birthdates.
Jewellery as a body accessory
Jewelry is used as a body accessory in the form of body chains which, unlike most other jewelry items, are not worn around the neck or around the wrist but across the chest, back or around the hips.
Body chains can be made of various different materials with different weights and different styles ranging from elegant and classy to gothic and dramatic.
Silver and Gold Jewellery
The outdated belief that jewelry needs to be either silver or gold and people wear either silver or gold jewelry is long gone. Consumers are now loving the trend of mixing silver and gold not only with different jewelry items but even within the same item. Rings, bracelets, necklaces, earrings and cuffs made of both silver and gold are trendy.
Sustainable jewelry
Sustainability is becoming a bigger topic every year and the growing awareness among consumers means that consumers are more and more looking for ways to make their consumption more sustainable. Therefore, a trend for accessories that will contribute to their sustainability goal, such as sustainable engagement rings, for example. Since sustainable materials are hard to find, jewelry made out of recycled materials is the best option. The key to satisfying the consumers’ need for sustainable consumption is to be transparent about the sourcing process of the materials.
