Infinium Global Research has added a new report on Global Gold Jewellery Crafting Tools Market. The report predicts the market size of Gold Jewellery Crafting Tools is expected to reach XX billion by 2023.
Global jewellery crafting tools market size is expected to exceed USD X.xx billion by 2023, growing at a CAGR between x % and x% over the period of 2017 – 2023. Gold jewellery crafting tools are tools used for manufacturing gold jewellery either manually or automatically. As jewellery making is a precise process, highly skilled craftsmen and crafting tools are essential. It takes long hours to manufacture gold jewellery depending upon the complexities of designs. Raw gold metal is melted, shaped into required forms and using various crafting tools the jewellery is crafted as per the design. In order to reduce the manufacturing time and resources, commercially jewellery crafting machinery is utilized for manufacturing jewellery. However, in traditional gold consuming nations, the preference for traditional crafting of gold jewellery is more, when compared to the contemporary automated crafting methods. Gold jewellery crafting tools are utilized for making gold chains, gold bangles, gold bracelets, gold coins, gold anklets, gold necklaces, gold pendants andgold wires among others. Depending upon the type of gold such as white gold, rose gold, green gold and white gold and their purity in terms of karats such as 24 karat, 18 karat, 14 karat and 10 karat, the crafting tools used for manufacturing varies.
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Market Insights
Growing demand for gold jewellery in traditionally highly consuming countries such as China and India drive the growth of the gold jewellery crafting tools market. The increasing demand for traditional designs drives the demand for jewellery crafting tools for traditional way of manufacturing. The export oriented manufacturers prefer to improve productivity and reduce manufacturing cost and it is driving the demand for the automatic jewellery crafting machinery. The growth of E-commerce has improved the reach of the gold jewellery to smaller towns and cities and it is aiding the increasing sales of gold jewellery. The orders from far away countries are also now becoming normal. To meet this demand, to increase the production capacity, jewellery manufacturers are buying more jewellery crafting tools. The demand for Jewellery crafting tools and machinery through e-commerce websites are also increasing steadily. The increasing popularity of gold plated jewellery is driving the demand for gold plating tools and machinery. The emergence of homemade jewellery for sale through social media and e-commerce websites are also driving the demand for gold jewellery crafting tools market.
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Segments Covered
The report covers the analysis of global as well as regional markets of Gold Jewellery Crafting Tools Market. Moreover, the global gold jewellery crafting tools market is segmented by tool type. The global gold jewellery crafting tools market by tool type covers bench tools, casting tools,cutting tools, drawing tools, drilling tools,engraving tools, forming tools, measuring tools, polishing & finishing tools, plating toolsand soldering& torching tools among others. On the basis of machinery type, the market is segmented as bangle ring turning machine, casting machine, CNC machine, chain making machine, gold refinery, hand presses, hammering machine, soldering machine, threading machine,and wire& sheet rolling machine among others.
Key topics covered:
1. Preface
2. Executive summary
3. Global Gold Jewellery Crafting Tools Market Overview
4. IGR- Snapshots
5. Global Gold Jewellery Crafting Tools Market Analysis, By Tool Type (USD million) 2017 – 2023
6. Global Gold Jewellery Crafting Tools market analysis, by Machinery Type (USD million) 2017 – 2023
7. Global Gold Jewellery Crafting Tools Market Analysis, Regional Analysis (USD million) 2017 – 2023
8. Companies Profiles

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