Emerald jewelry Market Report 2026

The emerald jewelry market size has grown strongly in recent years. It will grow from $2.63 billion in 2025 to $2.78 billion in 2026 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to growth in global luxury goods consumption, rising disposable incomes among high-net-worth individuals, strong demand for gemstone-based jewelry, expansion of branded jewelry retail, cultural significance of emerald gemstones.

The emerald jewelry market size is expected to see strong growth in the next few years. It will grow to $3.48 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing demand for ethically sourced gemstones, expansion of digital jewelry marketplaces, rising popularity of personalized luxury accessories, growing gifting culture across occasions, increasing influence of emerging luxury consumer markets. Major trends in the forecast period include rising demand for certified natural emeralds, growing preference for custom and bespoke jewelry, expansion of online luxury jewelry retail, increasing use of ethical sourcing and traceability, enhanced focus on high-end craftsmanship.

The rising demand for luxury jewelry products is expected to drive the growth of the emerald jewelry market going forward. Luxury jewelry products are premium, finely crafted items made from precious metals and gemstones, often characterized by exclusive designs and exceptional craftsmanship. Demand for luxury jewelry is supported by its lasting appeal as a symbol of craftsmanship, rarity, investment value, and personal status. Emerald jewelry is widely used in luxury offerings due to its distinctive green color and rarity, which convey elegance and exclusivity. For example, in February 2025, according to the Hong Kong Trade Development Council, a Hong Kong-based government organization, Hong Kong’s fine jewelry exports increased by 23% in 2023 before declining by 8% year on year in 2024, reaching HK$80.5 billion (US$10.3 billion). Therefore, the growing demand for luxury jewelry products is fueling the expansion of the emerald jewelry market.

Companies operating in the emerald jewelry market are increasingly focused on introducing innovative offerings, such as emerald jewelry designed for daily wear, to strengthen their competitive position. Daily wear emerald jewelry includes pieces crafted from natural emeralds that are designed for regular use, combining durability, comfort, and visual appeal. These designs allow consumers to wear emerald jewelry throughout the day without compromising on quality or aesthetics. For instance, in May 2023, Muzo, a Colombia-based emerald mining company, launched a fine jewelry essentials collection called Muzo Essentials. The collection is intended for everyday wear and features 18-karat yellow gold pieces set with Muzo emeralds, including stud earrings, gold hoops with emerald pendants, solitaire emerald necklaces, and bracelets. The range emphasizes timeless yet contemporary designs that are versatile, stackable, and easy to wear.

In August 2023, Emerald Jewel Industry India Limited, an India-based jewelry manufacturer, entered into a strategic partnership with Preciosa to enhance its jewelry portfolio by incorporating Preciosa’s high-quality CZ color stones. This collaboration brings together Emerald Jewel Industry’s focus on craftsmanship, quality, and design with Preciosa’s expertise in producing premium cubic zirconia stones. Preciosa is a Czech Republic-based manufacturer specializing in CZ color stones.

Major companies operating in the emerald jewelry market are Cartier International SNC, Swarovski, Tiffany And Co., David Yurman, Graff, Chopard, Kendra Scott, Harry Winston, Alex and Ani, Monica Vinader, Kay Jewelers, Bulgari, Mikimoto, Van Cleef And Arpels, Judith Ripka, Marco Bicego, Stephen Webster, Lagos, Tacori, Roberto Coin, Piaget, Jared, Gurhan, Scott Kay, Zales.

Europe was the largest region in the emerald jewelry market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the emerald jewelry market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the emerald jewelry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The emerald jewelry market consists of sales of pendants, brooches, cufflinks, and tiaras, among other accessories featuring emeralds. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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