Research
January 13, 2015
Editorial image from "Life in Bulgari" magazine; jewelry is expected to see strong growth through 2020
By Sarah Jones
The global luxury market is projected to be valued at $374.85 billion by 2020, according to a new report by Transparency Market Research.
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tIMQ9tt3re1iewGzc2eJm7ZJdosg6OhaNz7RFRjFf3EBdf3zjsxsMi5TKh4DaphuvGXd3\/mbM2qgivXkWlW44EfpRjLqfwZMLhJ9GvYA43Qo99mFn8Hb7OeSPpW6d+hYVU2\/vjNeCBw+KfWvhPzGdeys9Ni430JPJtWvHc2xuOhwklRdeeSMpv4o1\/yxDg8eJgL+zDqk7vTW75PcBa\/Yj3oLDDHY3D5hu7thWL8VEkGe8lEo8X0pyMo8jWdGHWqRrJ96fvbx1q747il+S+\/EyRZ4KUcRaMEcN\/cG5Sj8fE3Ja4wG4jFTENF1vG3vZ2DBedz4Tr8gKEPvLvNoUAE4xvqm6mro1sKyo\/oy836Wk5OjJwelfc8LZpBtqOs496yRjp4oF7Bl\/SWy\/Zsc9y3h5uUN6yi2Bo7KtGBfZHGn7BMIF+0alLDCjq3hamVXyH4hFXTxhBtn9cJH6UFkNOXJSft6S8X5bi2DyZ9U2Ddn2GKz\/57kEKNsVT8x+fEo+m4UOLBB8\/+dCKUpTkZ10KTleZ4dI5qdg1Gi6jCUY8LI54ntqVDE6vugeAxq7ImrghhXybGvgW4XYpHxgKP6Q+OnnnG0k4Frq7\/L\/9SqTXaXns8NYfqYv8Ugz3zAoGbvGugx\/LQvu2QqhbLaSxcgPt4E9S+xDwPN1c3k+JOw\/te47DfGKBL9ZCCMbw1KsVTvMdFGpu7FT1KJtkvh9lpvtZhTlU66BJTeExgtG8YmyXcgUiLSaNX9K5nhRvuKvyonjZNPvg2eHZfCrKU84gMxAex8d3lgg3qsks49UMPjCczzRxWXQ1JTWAYNDuEeGIN6s\/sGLjH1lxbm14xurge5T0JPELrQ3xHgvn+biheFbyrjI3IGTBeZA3OUAyc+3N+SWXG+\/BIyHyi5sIl2UJl6\/VxPnKnLC1Cx6NtQCKg0n8r\/Mei5PXTzHNPZJ5HzvQU2zHBw0VMEaPPUmEH9ZKElLdMzdvarOE8tFOOj4LVY1NiOZk\/hm4W+7HisUmo1OjCT013AbCVtzxHeAGIETP5v7Foce3wDPuSMkJwO2gqBwD\/RUQItAxD2zaKY7FejM+\/hgYLdqsTMj7lrwV7ayopnHV71mjVpGOSpnbqZjenzD1BK\/X0Fvho6jLzpRZjDAEaCd2H2n1TX78BjHh9cMCZHLM\/mKECK+\/DzaHRjRXexRYROab+y8WI58AI4uZFn6j4Tty1HqIZkI5LU\/RdeDT6Pj9qIWh1lMXBQXwkvLvZAvX5FttZ390TTdTUWnUBXagtH5ypjJRDZOvl\/KCk\/2q2d1ZZvV3e1n3SFQLF22T\/bzDdV5Km4mlKYwh40uj1LYuFdPNqCWvy0qRCVg8fyB0iCURKIg5mi5dEBm4lXdREOqbLgN8casCYh4pHqwI5DlrbtzTopbUi3RvGclbHv9SUSmz9m9bLRahJ8KT6uIjOZIxxfZKSHWtjIc9O72dazSsjUr35PEYzEKX0sBQVwyxSUgWGyUAnjmDZiSJbJ84RI\/ixjJ5t6w7gFwTG0fWOs8aEL11CBuLVhRA5kKHh6iZF9JUoPC3Yh3Ufs9jOmRWFFZBrpDRgaJW5x5KvvP3rYSxem+mMIxl3YzAD1OEElssVqwZxiBBVAV49NTEHRxeJFyrwsneWJSWY7Bcl\/JwlAd2dTEaVlSYDvsAhtyb0tpE0fUxzFY66sPT\/1n1OfxGYtZxwWP9GdSRPZCfwlLuXuF2MA5v1AIwDi2ALIcX+AD2+CFDLOxIGNVsXvjefMS7dMUS6GVIkeXHlOAbDv422UKdgMYho2+eFE5Wdv1S\/3HLOy6jTXINPYlmeykpCTyNsUeBwX2SRGhR7t0CcokDBZ\/XllRfmL+orJS1DuRU6i08FK5CxJ7xuMteJSDi6MyhaMcfn0W9R0LHSqWQ77U8DXKM4a6LWd\/G\/9GFSSxMghNRtZr9e54VrrBbn9or5lvr\/EzcH2rtEntqM0t6w4SlRvSkV6WFNXqke\/h39vaKnn1yioeS7ICfosXzO6zUM\/P8axlRPSG3iF7OufD+z\/WdIbd21Tm4CUi9s5a1spZEELyvomQHv0UOetp6\/F9rIGhLQBDdlljNK7kUCw\/UCstlwS0bhSGW04lm1vrI5DV6glXw7VhTz7L+LdQtpKLTJrEa+qvL+BTpJCYZavJDRmlQk7I477yG6OsXfs7oiDrUbAg4shzAOLk41QbGntgOtg1nOtUGI0Xk7ShThcvyPkJVUMGw20hEGgyXd2kLzeeq0OxjG2RRG5x+WODXWRtW9JahJlHT\/sRM65hiA\/Y8P4aR2X3G+R2t\/3dmRasgD1Ni8u3usOk6s\/A49xM5oA7mjwiqFm14ofKt6iqHOx3bpaUyjmOFJCQAgWFxEeo21OGcZCdBmWbXXJuQvYQiEib0XJw7huAgo9i0sxBOrwfs3DQsEgtEp9U6NbMB5YItRqKucNzAqj6CB3vCZVb459uwg5a4DTOVQ2Wu7F1\/UKQivSPLiSlpoiBuHUOhu+\/7GsZY9w2CPhlOndIU75ymKs+z0VMYD83sHGap1U8r4f3+HbfprLUTC8urnlTjmkBcrTp2kDvwrV9ZEnJqRIEjguG+QvBiMu6m3PMJtCWGd97eaH5aJdCMy4m2LDAOlphD7tUrI\/zLiMa+2HtnJqYgaE+kS+fxy0UpW4syaiSbLoQhiprecPetHdRK7XzmwfA9rd1OrrMjb3V\/T+WWfNZQ2RcUMQ68U6onZkHt12Nw8Fe1tdArM0Yl4yiW+aKSF1Smx0JFs82bz\/MrYzkKCJQZdUgHeNdrpm9wYZSVvJG01wHv+0ZJiSAaVSlqsMgBJMLOzfQD8v4BcuRoRwsyrQAX8xszM5h1QjZCYMwfwPS1V30PvlaKl0WZCoI0mPLyJeq0fPkVBukAPtYKo7gZohgOnj\/1gq36KYCl2CNz0\/7ijGNRUGdF1qVOIzn3udUYL8EkPe+kUplm+x\/EH3ykvMwWJjKTDlDVWYV6CE5xBjE+7HXsskoPup\/IBYjMzZVLadLBSMn527KWTnDO6KDYqrU20CiZepJqr2ggzmdr2szaDshytJyFgOMldxHh60vfv9bdUJKzg05uzPrIV2dxRwFOpj3\/JTJmamKilwkCCkmtEKKqzdTAY0douJvx0iHNZ9ySsyMIGN9KamDLWIooaNVbT6U6YBweeRiNHnbmr9Ka71aFFckIz+to3z7nU5kK\/itt3nncpULaNyF3CqcCKwE+4VDAuDBx2HllorrmLMzgkj3XR4s2V8DaP+z+87IbHAmX3rH8s7hU4QGlxgr3\/LbdCWsdgui\/EkLlHmGW8onLtqyNkSJ2lNCSw9BC1+R\/jAKhgkauNYIHolI2KdExec41hmkvvSqqVpTABKnf+GkKHhf5wB0v3+gXKSUNSPnRup1NHIuNnTHv6gQx2H6EwBciGdz7T9zqmVaBaNTh3VaYswQMM2g+PDtcCYnW26mswldr8ZDu+MuhPWVlB\/JDCSm\/VZAgm\/uK+hcepBFmLb3en\/zFHuzscr+4a7zXhXKC12mlTbu6JRq3vOo8pZ5XS5yWr5EDsERL+InOlk3\/er6cdQ9aqWkq8Jgwhq8xK+ApKxKhRvH52pRQccxzxXq3seGGKelbS+rWvTFwNR21l3KICeW25UPZAvTeQkxrEyT8fIFCiNqw\/2U5S6jBk\/AUVf7RdmkINQRwjtbg9UwvsSGs3JVqRsnmyWkE\/UUr7TdamIXlda\/zE7Wr+uiOj4T7NS7VFpI9vgD4IHxeIm5UF\/VBJLIXGYr3gOYIvhcRbF3Kf9iJmeObTKrDP1x+0sdJ3Iw8z\/ijzCET89rdl6JArz6XWZcL2iXi1gn0lf0SsX5h3eRwWSO61uHqliZNWXlEG0BTpeOAVYXPbHQDHdO4Ozvw17yUrPMjHepAKV+WVLikxIcqdhJ0ajR1+rxtywaWLwt\/FtQn\/L4WBK0\/wUcrBqrf83ceNVhHn8KxafoAuoCYarZYpsWGE\/09Ydu5DORohMs5AYup6Cy6OSYdS5e2BwziTn+1qkn\/Vkx\/KMUo7pPaNE6nb1QfR0Yw7daIK0\/U6+BQ7UkzBBgtAwEtnPelaSRKid8I7WDvP2p6K7hYrswVjn4MZ3FonbzTkjJZtjkt1eLQ5ydyrvm25vyHEAFn8xRQsheVFuyNDOdeNsiBXkPP06dPau+fsEMGOmz7f1MZvEzfs+StvJhxNdJSWr46dxRePgTlmaJJJ4dxQ69MkXVY2tDRjWdXNEWt6G3s5DTHya+Wb5lfX9tmfh45ntLzXe5qEaWwY3YNgcWw7qGvpPGOnoDCOuNXk7J3FtDTeszojsY4m2Nz+O7UAVJ1uRVyU5w1joeGpPcpCTgPZY6zyWlrsNYF4UPMgp+6UjsRYYX6+B\/bdf2tT\/Ss6\/9idNYdW7vc0bAyRq8pQENxo\/l95Zc9JjpGsoE5d806wFPKD1T\/0135Md1PlnyhLwNub\/fYN5iv9bRJyvdZV62YuYghjj5yBNqYpDd6BApNmG2HCJzgGJDXVdSNpnJ8H7jJmiHe\/TwEo2PqArUT5BxyPy21bWUvOuaoH3ygFuuS9VJpZO7Wemf1XcjeayNJjZbjQwS\/hFEfkEJgQ8\/L31jXVneto+FxtNDAhaTIzv9RHQnJiFlvCZ7aLhXAjbZGnIKkNWt9j6YvmkUn4nsMLwIcM\/5fnMkxnU9QGHffywjK\/73roPltTv\/kp9o01j+LnBxI1xC1eG97rPCPEbx6cFx96Yw1wlGtx8bp3oTy5L0rlXB1G5grA5UZBgZdPiF5SAG21S7wceIFrrH2VK\/0HWjHVgpxH0VJ7ELzw59bEiccJaIq9NNWD+p\/cHLQuSXcs3HS\/HaAgDyumxLnm2QnYe\/0iAuSWZl0n41MfG9\/CiGwAoa\/MHMDFMq47QDVLM2mH8\/RZT3waKsP3p406bjofefdEm2mCxaZoFuP\/RMz7\/wxhvWcK\/6V4GMwTJM6gUAzuGhQMJTmJEW3Xa088FVw6hWAeKy+zI7H4bO5FokV0dkZef+558E+9WIrGCvygSddTwaJJnJK\/XUuIPN66SqfccS4ZLgwFxq+SP6EgWydLxS2TeVdR2KmQAcCMJRUkPCQoitLNe43GeNC1xUW0V9twSEGa3AdQc4xBTq0a34uAWJ5j7RfRrynyQmTezvUZ2RV5C0xUTZmRwEfdsY+e74fYHu+QmMQtEcAEb4cLQ7q8HnqYl5IWktnN0vEKqKYzcpFs5VW2gfUHXFQgj674Li8fnQlDmVEkcUJIXyhEkki\/T\/TyF5Qo\/l9Q7Aqnu80u6wAwMfvKmz5DlxFKWiceinVv5J3kwgRuNxZpJYjnyR2ylobTa2DB5W7+me9Pa\/fqm+VTN1\/K8fUOS57SmaDlRwTIqJ7VgVcmENTiQlsUpP0WUDUVlEh6ESuvqeirMczb\/V9I0qZYPx4tuPJGqiRnN\/zezgTgIqZRnxLxEUGsjPfz9PdbMT3+LMeEL6n+a7SYwAPBqkopblBso00iYPqXaCtwxjql1ckQ5x0P6EwQwFKdjPLE\/WWOcK7d2ixR1GBnUVplNvK+dc1hf0\/Gh6o2NanJ2jR7+Lpb9OuJqMNkC6Lyee30I3g1iPbLl9eDH70bEMjoPwsdx8RxDkSiX5yKCcEd789P0bdxf5S3bT1UcXaMaStlkhFYqeSNQ5F939olliBWwGSmDYhwbjIcFoV2Wq72Bq+5INM1f\/spWSRu8aW+hJigKzL2P60jBEm5wWATuHRC4RisK8pyzLp9BwBYN8Hu4HGCB8HVOUQAfVxLySXClaGtyM9SSBRqEltMu535xKlgiEi8chp3QQkKyVEbsTRTHRZnoTV41tI\/ptO8Q5WZCYYV\/APQCfmlnK\/te9hDgvnXlt2zxfrjzfy4WKvwDGUJxPrnufG+38gGQ3dWIgrvmiKJe\/RLvfVX4a11l\/NHhpXWWy\/2ahqLlo9+Bv5\/XnnhIzKQr6b1k=","iv":"873ae8bd05e222a719b4c90056397663","s":"c3ef9d85c3945631"}
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