Size of the luxury watches and jewelry market worldwide 2024

Published by Statista Research Department, Mar 13, 2025

In 2024, the luxury watches market was valued at around 51 billion euros. This was significantly more than the value of the luxury jewelry market that year, which amounted to 31 billion euros worldwide.

Market value of luxury watches and jewelry worldwide in 2024 (in billion euros)

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Release date

January 2025

Region

Worldwide

Survey time period

2024

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Market overview

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International trade

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Materials

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Leading companies

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Further related statistics

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Topics

Jewelry market worldwideApparel market worldwide Luxury watch industryMoët Hennessy Louis Vuitton (LVMH Group)Luxury goods in Europe
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