A Report On Global Craze for Jewelry

According to AFNS, a report entitled "Global Jewelry Retailing 2008” highlighting the indication of tremendous boom in Jewelry Retailing. As per report the global jewelry market will grow by 35% to $318 billion by 2013.

The Asia Pacific region will help compensate for a U.S. market that is expected to be weak through 2010. Asia-Pacific markets will share for $41 billion worth of all jewelry market growth by 2013, constituting more than half of its overall growth.

The report also indicates that luxury jewelry brands will grow from 20% to 30% of the overall global jewelry market, with the mass market declining in importance