The global jewelry and silverware manufacturing market
comprises establishments primarily engaged in manufacturing, engraving, chasing
or etching jeweler, novelties or precious metal flatware; stamping coins;
cutting, slabbing, tumbling, carving, engraving, polishing or faceting precious
or semiprecious stones; recutting, repolishing and setting.
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The global jewelry and silverware manufacturing market was
valued at $321 billion in 2017, and is expected to be driven by increase in
demand for jewelry and silverware by the end users. Asia Pacific was the
largest geographic region in the market, accounting for almost half of the
global market share.
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China was the largest country in the market, accounting for almost
one-fourth of the global jewelry and silverware manufacturing market share.
The top five competitors in the market are Richline Group,
Tiffany, James Avery Craftsman, Cartier, and Bulgari. Richline Group is the
largest player in the market. Richline Group manufactures and distributes
jewelry and offers precious metals, pearls, findings, gemstones, raw materials,
hand tools, equipment, displays, packaging products, beads, fashion earrings,
and chains.
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