(bmmagazine.co.uk) - India set to overtake US as the second biggest fine jewellery market in the world by the end of 2018 new research finds. China remains the biggest market for fine jewellery with sales reaching USD $86.3billion by the end of 2017, and expected to reach USD$92billion by the end of this year. Overall Chinese market has grown by over 21 per cent in the last five years. According to Euromonitor International, the Indian fine jewellery market will be worth USD $62.8bn, $4billion more than US retail spend which will reach $58.6bn, by the end of 2018.
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