Engagement Ring Market, Global Outlook and Forecast 2023-2028

Report ID: 1371817 | Published Date: Jan 2025 | No. of Page: 120 | Base Year: 2024 | Rating: 3.7 | Webstory: Check our Web story

Since ancient times, rings have been the most expressive symbol of love and have long been the traditional gift for betrothal coronation.Ring as an engagement token, in a traditional form.Engagement means a contract, two people have an engagement relationship and the material can be of any kind. Compared with the wedding ring, the two have a lot in common. The engagement ring is usually one, usually purchased by the male student.
This report contains market size and forecasts of Engagement Ring in global, including the following market information:
Global Engagement Ring Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Engagement Ring Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Engagement Ring companies in 2021 (%)
The global Engagement Ring market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Platinum Ring Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Engagement Ring include Cartier, Tiffany, Laofengxiang, Chow Tai Fook, Chow Sang Sang, Lukfook, Mingr, LVMH and Chowtaiseng, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Engagement Ring manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Engagement Ring Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Engagement Ring Market Segment Percentages, by Type, 2021 (%)
Platinum Ring
Gold Ring
Diamond Ring
Other
Global Engagement Ring Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Engagement Ring Market Segment Percentages, by Application, 2021 (%)
Women
Men
Global Engagement Ring Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Engagement Ring Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Engagement Ring revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Engagement Ring revenues share in global market, 2021 (%)
Key companies Engagement Ring sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Engagement Ring sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cartier
Tiffany
Laofengxiang
Chow Tai Fook
Chow Sang Sang
Lukfook
Mingr
LVMH
Chowtaiseng
Harry Winston Company
CHJ
I DO
CHJD
Yuyuan
David Yurman
TSL
Van Cleef&Arpels
Charles & Colvard
De Beers
Buccellati
Bvlgari
Damiani

Frequently Asked Questions
Engagement Ring Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Engagement Ring Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Engagement Ring Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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