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Report Overview
The Mexico jewellery market reached a value of USD 2141.08 Million in the year 2025. This market is further expected to grow at a CAGR of 6.50% between 2026 and 2035, to reach a value of USD 4019.10 Million by 2035.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
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Mexico ranks third globally in silver and gold jewellery production and the primary production hubs are in Guadalajara and Mexico City, with Jalisco being the epicentre, contributing 70% to the national total.
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As per industry reports, jewellery sales experienced a 11.5% increase in 2022 compared to the previous year.
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Mexico’s disposable income is expected to reach a value of USD 15,608 per capita by 2025 and USD 16,541 by 2030. This can favourably affect the market demand.
Leading Companies in Mexico Jewellery Market
Market players are focused on offering a diverse product portfolio, reaching a wide demographic, and obtaining relevant certifications to establish their presence and credibility in the market
Pandora A/S was founded in 1982 and is headquartered in Denmark, Europe. It is a renowned jewellery manufacturer. The company’s products are accessible in over 100 countries across six continents, with a presence in more than 6,700 points of sale, notably including approximately 2,600 concept stores.
HStern Indústria e Comércio SA was founded in 1945 and is headquartered in Rio de Janeiro, Brazil. It is a family-owned and independent enterprise. With a global workforce of approximately 1,000 employees, the company operates in over 10 countries with 70 points of sale in major capitals worldwide.
LVMH Moët Hennessy Louis Vuitton SE, founded in 1987, is a global luxury goods company based in Paris, France. It is known for its diverse portfolio including fashion, leather goods, perfumes, cosmetics, watches, and wines. With a strong presence worldwide, LVMH has received accolades for its quality and innovation in the luxury market.
Compagnie Financière Richemont SA was founded in 1988 and is a renowned luxury goods company with headquarters in Switzerland, Europe. The company’s portfolio comprises prestigious Maisons distinguished by their dedication to craftsmanship, creativity, and diversity. These Maisons include Cartier, Van Cleef & Arpels, and Montblanc.
Other notable players operating in the jewellery market in Mexico are Joyería TOUS, S.A, Swarovski International Holding AG, Sabelli S.A. de C.V, Pepe Dominguez Silver Jewelry, Zanfeld S.A de C.V, Haramara Jewelry, and Fonelli, S.A de C.V, among others.
Mexico Jewellery Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Mexico jewellery market reached a value of USD 2141.08 Million in the year 2025.
The market is estimated to grow at a CAGR of 6.50% during 2026-2035.
The jewellery market in Mexico is estimated to reach a value of USD 4019.10 Million by 2035.
Mexico is known for its production of silver jewellery, particularly in the town of Taxco. Other popular types include jewellery featuring precious and semi-precious stones, beads, shells, and intricate craftsmanship like filigree work and repoussé techniques.
Key drivers include rising incomes and purchasing power, growing demand for luxury jewellery like diamonds, and the increasing popularity of online jewellery sales, especially among younger consumers.
Trends include genderless jewellery designs, strong competition for diamonds from other gemstones, and growing demand for customised and exclusive jewellery pieces.
Men and women are the end users in the market.
The key regional markets for jewellery are Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The product types include necklaces, rings, earrings, and bracelet, among others.
The materials are platinum, gold, and diamond, among others.
The key players in the market include Pandora A/S, HStern Indústria e Comércio SA, LVMH Moët Hennessy Louis Vuitton SE, Compagnie Financière Richemont SA, Joyería TOUS, S.A, Swarovski International Holding AG, Sabelli S.A. de C.V, Pepe Dominguez Silver Jewelry, Zanfeld S.A de C.V, Haramara Jewelry, and Fonelli, S.A de C.V, among others.
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