PUBLISHER: Polaris Market Research | PRODUCT CODE: 1478658
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1478658
The U.S. Men's Jewelry market size is expected to reach USD 10,749.4 Million by 2032, according to a new study by Polaris Market Research. The report "U.S. Men's Jewelry Market Share, Size, Trends, Industry Analysis Report, By Product (Necklace, Ring, Earrings, Bracelet, Other Products); By Type; By Category; By Distribution Channel; By Age; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
In the U.S., there is a growing emphasis on aesthetics among adults, leading to a rise in demand for men's jewelry that lets people express their unique sense of style. As fashion trends evolve, men's jewelry is increasingly seen as a way to showcase one's personality. Men are embracing accessories more and more to demonstrate their fashion sense as societal norms surrounding masculinity change.
With a strong economy and increasing disposable income, consumers are able to invest more in jewelry, including high-end and personalized pieces. The influence of celebrities and social media influencers is significant in shaping consumer preferences, and their endorsement of men's jewelry often drives trends and demand among their followers. Jewelry brands are responding by diversifying their product lines to cater to the varying tastes and preferences of male consumers. This includes offering a wider range of styles, materials, and designs, from classic and understated pieces to bold and avant-garde options.
In recent times, the fashion industry has witnessed a transformation in the perception of gender and self-expression, leading to a blending of traditional fashion boundaries. Men are now more inclined towards experimenting with jewelry that was once considered exclusive to women's fashion, including earrings, bracelets, and necklaces. The trend has been further fuelled by the growing popularity of men's jewelry as a preferred gifting option for special occasions and holidays, resulting in consistent demand throughout the year.
The U.S. men's jewelry market is experiencing growth due to the introduction of new and modern designs. As men place increasing importance on individuality and self-expression, they are searching for distinctive and unique pieces that reflect their identity and style. The incorporation of innovative designs in men's jewelry not only caters to this growing demand but also challenges traditional ideas of men's accessorizing, inspiring a culture of experimentation and creativity. By embracing contemporary aesthetics and using unconventional materials and motifs, designers can capture the attention of a wider consumer base, including younger generations who are particularly drawn to new styles.
The men's jewelry market in the U.S. is currently dominated by the gold segment, which holds the largest share. This is due to the inherent value and enduring appeal of gold, which has made it a desirable choice amongst consumers looking for luxury and prestige.
The U.S. market is expected to witness significant growth in the 30-50 years age segment during the forecast period. This is primarily due to the fact that individuals in this age group generally attain financial stability and professional success, and therefore, are more inclined to invest in luxury items like jewelry.
The U.S. key market players include Bernard James, David Yurman, Jaxxon, John Hardy, LAGOS, LLC, Miansai, MISSOMA, Spinelli Kilcollin, STULLER, INC., T&CO. (LVMH Moet Hennessy Louis Vuitton SE), Two Tone Jewelry Mfg. Co., and among others.
Polaris Market Research has segmented the U.S. Men's Jewelry market report based on product, type, category, distribution channel, and age: