Tell me about the jewellery manufacture sector
Jewellery manufacturing is a global industry that involves the production of jewellery items, such as rings, bracelets, earrings, and necklaces. The industry also includes precious metal fabrication and the production of other related items such as watches, coins and pendants.
The industry employs a range of professionals, including jewellers, designers, engravers, polishers, and setters. It also requires specialist equipment, such as casting machines, rolling mills and polishing machines.
Jewellery manufacturing is a highly competitive and complex industry, with a global market estimated to be worth $272 billion in 2020. It is also an industry where trends and styles can change quickly, meaning that manufacturers must be able to respond to changing customer demands and preferences.
The industry has grown significantly over the past few decades, with emerging markets such as China and India becoming major players in the global jewellery industry. Technology has also played an important role, with 3D printing and other digital tools being used to create unique and intricate pieces.