Research Methodology – Luxury Jewelry Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Luxury Jewelry Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Luxury Jewelry Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share:
- Total population and demographic information
- Consumer purchasing power and trends
- Market trends for luxury goods
- Current and forecasted demand for luxury jewelry
- Number of companies and competition in the market
- Regulations and legal factors affecting the market
- Economic and geopolitical factors
- Pricing strategies and product portfolio of key market players
- Total sales and revenue generated in the market.
Key market Indicators:
- Luxury spender data
- Growth rate of overall luxury goods industry
- Market penetration rates
- Production and supply factors
- Market volatility
- Macroeconomic indicators such as GDP, unemployment rates, consumer confidence index etc.
- Brand value and recognition
- Availability of raw materials and prices.
Growth trends:
- Rapid urbanization and higher disposable incomes
- Growing popularity of online shopping and E-commerce
- Increasing preference for premium and customized products
- Emerging markets providing growth opportunities
- Growth in female workforce and independent buyers
- Trends toward sustainable and ethically sourced products
- Technological advancements and innovations in design and material use
- Rise of new consumers segments like the millennials and Gen Z.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Luxury Jewelry Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Luxury Jewelry Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights