Global Costume Jewellery Market –by product type ((necklaces & chains, earrings, rings, bracelets, cufflinks & studs, and others) –by gender (male and female)-by mode of sell (retail and online sales)-by region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)) – is expected to reach US $ 45.30 Bn by 2026, at a CAGR of 5.02 %.
Rising fashion awareness of consumers, low-maintenance cost, increasing prices of gold & diamond Jewellery, growing prices for gold and precious gems & pearls are driving the demands for the costume jewellery. It is easy and safest to carry anywhere compared to real Jewellery owing to fear of loss, burglary are driving the market of costume Jewellery market. Furthermore, unorganized supply chain of the raw materials in costume Jewellery industry is hampering the growth in the global costume jewellery market.
Earrings and rings segment is expected to witness significant growth in the Global costume jewellery market.
Growing inclination of population towards artistic appearance, rising fashion mindfulness, and changing standard lifestyle are driving the growth in the global costume jewellery market. Costume jewellery has high demand among working women, teenagers, and corporate people. Origination and adoption of new technology in costume jewellery helps to appeal the customers. Altered type of raw materials are used to make costume jewellery includes synthetic stones, semi-precious stones, glass, plastic, lac, terracotta, pearl and metals. It makes costume jewellery look dissimilar than traditional gold and silver jewelleries.
Online segment is expected to hold large market share in the global costume jewellery market in the forecast period.
Online jewellery contains various jewellery items that are segmented into fine jewellery and fashion jewellery. Jewellery creators are fortified to shift toward online retailing owing to rise in the digitally driven consumers, fluctuating customer shopping patterns, and growing online purchasing behaviour.
China is one of the leading exporter of costume jewellery in the globe.
China is one of the leading exporter of costume jewellery in the globe, as it is a cost-effective industrial hub with a large base of creators. Many of the key players are shifted their business base from western countries to the East, and specifically to China owing to the low cost of labor and operations.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of some of the leading manufacturers such as Buckley Jewellery Limited, The Colibri Group, Avon Products Inc, Swank Inc, H. Stern Com. & Ind. S.A., Cartier SA ,Yurman Design, Inc., Channel S.A., Billig Jewelers, Inc., Louis Vuitton North America, Inc., Stuller, Inc., and Gianni Versace S.p.A.
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the global costume jewellery market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global costume jewellery market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global costume jewellery market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Costume Jewellery Market”.
https://www.maximizemarketresearch.com/market-report/global-costume-jewellery-market/21622/
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
Manik Baug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607065656