The Rings Market is expected to grow by USD 54.53 Mn by 2026, Market Segmentation by Distribution Channel and Geography - Technavio

NEW YORK, Oct. 26, 2022 /PRNewswire/ -- The Rings Market is projected to grow by USD 54.53 million during 2021-2026, at a CAGR of 6.85% during the forecast period. The market is driven by the increasing number of promotional activities through social media and the increasing focus of vendors on brand endorsement during the forecasted period. Request Free Sample Report.

• Distribution channel 
• Offline 
• The offline distribution channel in the global ring market consists of specialty stores, multi-brand stores, and premium fashion stores. Vendors operate their organized retail stores based on customer segments, geographic markets, cultures, manufacturing facilities, and inventory transportation in order to increase their regional and global market shares. Such investments enable vendors to expand their global market reach and customer base.
• The use of technology in the stores allows the company to generate and sell rings more efficiently, as well as cater to every consumer category across a large geographical area. This not only boosts ring sales in a specific region but also boosts ring sales in the global market. The growth of retail channels in different cities and regions will drive customer familiarization with the different types of rings available. This will increase the sales of the global rings market during the forecast period. 
• Online
• Geography 
• APAC 
• China, India, and Japan are the major countries in the region contributing to the growth of the ring market. Rajesh Export, Chow Tai Fook Jewellery Group, Malabar Gold & Diamonds, Titan, and Emperor Watch & Jewellery are among the prominent vendors in the region. The region's main products are gold and silver rings. The adoption of gold rings is a popular investment option among customers in India and China during weddings and traditional ceremonies. Furthermore, the rising demand for cross-cultural ring designs has prompted vendors to offer modern and western ring designs inspired by a foreign culture which will drive the market during the forecasted period.
• North America
• Europe
• Middle East and Africa
• South America

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One of the key drivers supporting the ring market growth is the increasing number of promotional activities conducted through social media. Marketing and branding are essential for increasing customer interest in gems and jewelry. Vendors strategically engage customers through social media campaigns on platforms like Facebook, YouTube, and Instagram. Digital marketing helps increase product sales because of its broad reach. With the increasing penetration of the Internet, the growing adoption of smartphones and tablets, and the popularity of social media platforms, people can easily access jewelry information on the go.

For example, Kalyan Jewellers announced the launch of a special seasonal offer with their Back Home campaign across the UAE in July 2022. According to the campaign, customers who purchase jewelry worth Dh1,500 or more from Kalyan Jewellers will be eligible for free flight tickets to their home country. Such type of campaigns implies that vendors are proactively investing in social media campaigns and promotions in order to increase customer interest and sales. As a result, increasing marketing campaigns will boost ring sales during the forecast period. Download Free Sample Report.

The global ring market is fragmented due to the presence of regional and international vendors offering a wide variety of designs and stones for rings, which are primarily influenced by diverse cultures. The availability of such diverse designs and materials has increased the demand for cross-cultural designs over the last decade. Asian, Italian, Roman, and Egyptian rings are part of popular cross-cultural designs. Rings with such cross-cultural designs are typically molded with various gemstones, most notably diamonds. Awareness and knowledge about such cross-cultural designs among customers across the world raise the demand for such products. 

For instance, Kalyan Jewellers, one of the key vendors in India, offers a wide range of ring designs inspired by Asian culture. Therefore, the increasing demand and supply of cross-cultural ring designs in the market will likely drive the growth of the market during the forecasted period.

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Costume Jewelry Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026: The report extensively covers market segmentation by distribution channel (offline and online) and geography (North America, Europe, APAC, South America, and Middle East and Africa).

Online Jewelry Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026: The report extensively covers market segmentation by product (Fine jewelry and Fashion jewelry) and geography (North America, Europe, APAC, South America, and Middle East and Africa).

1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

• 5.1 Market segments 
• Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)

• 5.2 Comparison by Distribution Channel 
• Exhibit 26: Chart on Comparison by Distribution Channel
• Exhibit 27: Data Table on Comparison by Distribution Channel

• 5.3 Offline - Market size and forecast 2021-2026
• Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)

• 5.4 Online - Market size and forecast 2021-2026
• Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Distribution Channel
• Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 India - Market size and forecast 2021-2026
• Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
• Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 France - Market size and forecast 2021-2026
• Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Aurum Jewellers 
• Exhibit 89: Aurum Jewellers - Overview
• Exhibit 90: Aurum Jewellers - Product / Service
• Exhibit 91: Aurum Jewellers - Key offerings

• 10.4 CaratLane 
• Exhibit 92: CaratLane - Overview
• Exhibit 93: CaratLane - Product / Service
• Exhibit 94: CaratLane - Key offerings

• 10.5 CHANEL Ltd. 
• Exhibit 95: CHANEL Ltd. - Overview
• Exhibit 96: CHANEL Ltd. - Business segments
• Exhibit 97: CHANEL Ltd. - Key offerings
• Exhibit 98: CHANEL Ltd. - Segment focus

• 10.6 Chow Tai Fook Jewellery Group Ltd. 
• Exhibit 99: Chow Tai Fook Jewellery Group Ltd. - Overview
• Exhibit 100: Chow Tai Fook Jewellery Group Ltd. - Business segments
• Exhibit 101: Chow Tai Fook Jewellery Group Ltd. - Key offerings
• Exhibit 102: Chow Tai Fook Jewellery Group Ltd. - Segment focus

• 10.7 DAMIANI S.p.A. 
• Exhibit 103: DAMIANI S.p.A. - Overview
• Exhibit 104: DAMIANI S.p.A. - Product / Service
• Exhibit 105: DAMIANI S.p.A. - Key offerings

• 10.8 Emperor Watch and Jewelry Ltd 
• Exhibit 106: Emperor Watch and Jewelry Ltd - Overview
• Exhibit 107: Emperor Watch and Jewelry Ltd - Product / Service
• Exhibit 108: Emperor Watch and Jewelry Ltd - Key offerings

• 10.9 Kalyan Jewellers India Ltd. 
• Exhibit 109: Kalyan Jewellers India Ltd. - Overview
• Exhibit 110: Kalyan Jewellers India Ltd. - Product / Service
• Exhibit 111: Kalyan Jewellers India Ltd. - Key offerings

• 10.10 Kering SA 
• Exhibit 112: Kering SA - Overview
• Exhibit 113: Kering SA - Business segments
• Exhibit 114: Kering SA - Key offerings
• Exhibit 115: Kering SA - Segment focus

• 10.11 LVMH Moet Hennessy Louis Vuitton SE 
• Exhibit 116: LVMH Moet Hennessy Louis Vuitton SE - Overview
• Exhibit 117: LVMH Moet Hennessy Louis Vuitton SE - Business segments
• Exhibit 118: LVMH Moet Hennessy Louis Vuitton SE - Key news
• Exhibit 119: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
• Exhibit 120: LVMH Moet Hennessy Louis Vuitton SE - Segment focus

• 10.12 Malabar Gold and Diamonds 
• Exhibit 121: Malabar Gold and Diamonds - Overview
• Exhibit 122: Malabar Gold and Diamonds - Product / Service
• Exhibit 123: Malabar Gold and Diamonds - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 124: Inclusions checklist
• Exhibit 125: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 126: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 127: Research methodology
• Exhibit 128: Validation techniques employed for market sizing
• Exhibit 129: Information sources

• 11.5 List of abbreviations 
• Exhibit 130: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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