Archive · 30 Sep 2025
Organized Jewellery Market Share Predicted to Rise by 2030
The Indian jewellery market is getting bigger, growing from $48 billion to $90 billion between 2018 and 2025.
A new report says that organized jewellery companies are expected to grow even faster and take over a larger portion of the market by 2030.
This growth is happening because Indians love jewellery, especially for weddings.
The number of people in the marriage age group is also increasing.
Organized players are improving, and adapting to rising gold prices, which will help them keep growing.
The Indian jewellery market grew to $90 billion in FY25.
Organized players are expected to capture a 45% market share by FY30.
The market grew at a CAGR of 9% from FY18-25.
Organized players grew 1.5x faster than the industry (14% CAGR) from FY18-25.
Weddings account for 50-55% of the jewellery market.
- Who
- Nomura
- What
- Report on the Indian gold jewellery market
- When
- FY30 and FY33
- Where
- India
- Why
- Due to strong cultural affinity for jewellery, weddings, and rising income
- Market Value (FY25)
- $90 billion
- Projected Market Value (FY33E)
- $150 billion
- Organized Market Share (FY24)
- 40%
- Projected Organized Market Share (FY30E)
- 45%
- Market CAGR (FY18-25)
- 9%
- Organized Players CAGR (FY18-25)
- 14%