The global demand for Costume Jewelry Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Costume Jewelry is a decorative item worn with fashionable garment or outfit. These items include a wide range of variables such as necklace, earrings, ring, bracelet, hairpin, crown, bangle, chain, and other. People wear jewellery matching with a costume to enhance their aesthetic appeal. It is an important part of attire wore just like makeup. It is also referred to as a symbol of wealth. Jewellery elements such as gold, diamonds, is higher priced, people who cannot afford to prefer rhinestones, cubic zirconias, aquamarines, citrines, peridots, shells made jewellery that non-precious and semi-precious.
Market Dynamics
In recent years, the market has witnessed the emergence of innovative and exceptional costume jewellery designs. Rising purchasing power, lifestyle changes, overall increasing affordability, and online marketing efforts are an important factor for market growth. The growing working women population and disposable income are several other factors fuelling the demand for costume jewellery. Costume jewellery facilitates people to dress up elegantly. The market has undergone a huge change. The young girls, as well as women, do not want to adorn gold jewellery or even gold plated jewellery anymore. The reason is everyone could not afford it and has some design and colour limitation. Looking into this trend, artisans are producing costume jewellery inclined towards other materials.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of costume jewelry.
Market Segmentation
The entire costume jewelry market has been sub-categorized into product, gender and mode of sale. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product
- Necklaces & Chains
- Earrings
- Rings
- Cufflinks & studs
- Bracelets
- Others
By Gender
By Mode of Sale
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for costume jewelry market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Costume Jewelry Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the costume jewelry market include The Colibri Group, Channel S.A., Gianni Versace S.p.A., Gucci Group NV, Swarovski Group. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.