Average revenue per unit (ARPU) in the luxury jewelry segment of the luxury goods market Singapore 2018-2028

The average revenue per capita in the 'Luxury Jewelry' segment of the luxury goods market in Singapore was forecast to continuously increase between 2024 and 2028 by in total 1.1 U.S. dollars (+5.89 percent). After the eighth consecutive increasing year, the indicator is estimated to reach 19.78 U.S. dollars and therefore a new peak in 2028.

Find more key insights for the average revenue per capita in countries and regions like the revenue in the 'Luxury Watches' segment of the luxury goods market in Hong Kong and the average revenue per capita in the 'Luxury Leather Goods' segment of the luxury goods market in Qatar.

The Statista Market Insights cover a broad range of additional markets.

Average revenue per unit (ARPU) in the luxury jewelry segment of the luxury goods market Singapore from 2018 to 2028

Characteristic	In U.S. dollars
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-

Download

Source

Show detailed source information?

Already a member?

Sources

Use Ask Statista Research Service

More information

Supplementary notes

Data provided by Statista Market Insights are estimates.

Together with watches, jewelry constitutes a part of the market that is called “hard luxury” to differentiate it from fashion, accessories and cosmetics, which are made from “soft” materials.

LVMH’s Bulgari and Cartier as well as Richemont’s Van Cleef & Arpels and Piaget are examples of household brand names in this sector, which is otherwise characterized by jewelers’ own brands, with Tiffany, Lao Feng Xiang, Titan, Chow Sang Sang and Luk Fook being the biggest players in this field. The shown market data are based on an analysis of more than 100 of the biggest luxury companies in the world. A complete list of all companies and brands covered can be found in the methodology description. Accordingly, watches from smaller companies or artisanal production unaffiliated with the companies covered are not included. All data is shown at retail value, which includes markups for retail distribution and sales taxes.

Growth has lately been stimulated mostly by emerging markets but ever since the period of sagging demand in Greater China began, the global outlook can at best be described as stable.

Citation formats