Business Idea: Start A Jewelry Making Business in 2024
The global jewelry market size was valued at $278B in 2018 and is expected to reach $292B by 2025.
The industry comprises manufacturers, wholesalers, retailers, and jewelry designers. Unlike many other industries that have gone through leaps in technology, the jewelry industry has remained untouched for over 40 years.
If you know how to make jewelry, then this might be a great way to make some extra money.
Revenue & Profitability
How much do jewelry making businesses make?
- On average, successful jewelry making businesses report $2.98M/year in revenue.
- 100% of jewelry making businesses report being profitable.
Learn more about how much money jewelry making businesses make.
Startup Costs
How much does it cost to start a jewelry making business?
- It can cost as low as $500 to start a jewelry making business.
- It can cost as high as $200,000 to start a jewelry making business.
Learn more about the costs of a jewelry making business.
Examples Of Successful Jewelry Making Businesses
Successful jewelry making business businesses and case studies
QALO co-founders transformed the jewelry industry with their innovative focus on product evolution, resulting in over 2 million community members and more than $100M in revenue since 2013.
Merci Maman is a personalized jewelry brand founded in 2007 by Arnaud and Béatrice de Montille, generating over $5m in sales annually with flagship product 'Duchess Necklace' still a best-seller, shipping 75k orders a year worldwide with profits completely reinvested back into the business.
See full list of successful jewelry making businesses.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
