openPR Logo
Press release

Costume Jewelry Market to Reach $40,631 Million by 2022 | Top Key Players are Buckley London, Avon Product , Swank, Cartier, LOUIS VUITTON, DCK Concessions, Billig Jewelers and Stulle

12-06-2018 08:57 AM CET | Fashion, Lifestyle, Trends

Press release from: Allied Market Research

Costume Jewelry Market

Costume Jewelry Market

Costume Jewelry Market by Type, Mode of Sale, Gender, and Geography: Global Opportunity Analysis and Industry Forecasts, 2014-2022, the global costume jewelry market size was valued at $25,554 million in 2015, and is estimated to reach $40,631 million by 2022, growing at a CAGR of 6.9% from 2016 to 2022. North America accounted for around 32% share of the overall market revenue in 2015, owing to rising prices of precious metal jewelries such as gold, silver and diamond, resulting in higher adoption of costume and imitation jewelries among consumers. Asia-Pacific is anticipated to grow at the highest CAGR of 8.5% from 2016 to 2022.

Access Full Summary at: https://www.alliedmarketresearch.com/costume-jewelry-market?utm_source=OpenPR

The market is driven by factors such as low-maintenance cost, growing fashion consciousness, rising prices of gold & diamond jewelry, and affordability of costume jewelries. However, fluctuating costs of raw materials, lack of durability of jewelry item, and stringent import & trade laws are the constraints for the market growth.

The global costume jewelry market is categorized based on the type of product into necklaces & chains, rings, earrings, bracelets, cufflinks & studs, and others. Necklaces & chains segment generated a higher revenue in 2015, and is expected to dominate the market throughout the forecast period. Increase in use of artificial jewelry such as necklaces and chains in bridal wear, daily wear, and fashion wear is expected to boost the market growth.

The global costume jewelry market is segmented based on gender into male and female consumers. Female consumers segment generated the highest revenue in 2015, constituting more than 64% of the total market by value and maintain its dominance during the forecast period. The male consumers segment is expected to exhibit significant growth with improvement in mens jewelry designs, growing demand for wedding rings, and rising preference for corporate dressing. Other factors driving the male costume jewelries market are growing fashion awareness and inclination towards piercing and tattooing ornament on their bodies.

Download PDF Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/2093?utm_source=OpenPR

The global costume jewelry market is categorized based on the mode of sale into retail sales channel and online sales channel. Retail sales channels include brand outlets, physical stores, departmental stores, retail shops, and flagship stores. The segment contributed largest revenue in 2015, constituting around 86% of the total costume jewelry market. However, the online sales segment is anticipated to grow at the highest CAGR during the forecast period owing to improvements in various digital platforms and increasing e-commerce websites.

The demand for imitation jewelry is growing at a steady pace. The market has witnessed a steady increase in the demand for costume jewelries, globally, every year.. However, the adoption is faster in Asia-Pacific and LAMEA. With the increasing penetration of artificial jewelry among males and females, especially for the products such as rings, earrings, and bracelets, costume jewelry manufacturers are now targeting developing nations such as India and China as the potential markets. Growing population, rising disposable income, and improving economic conditions are the key factors fueling the market growth in these regions.

China is one of the top three exporters of costume jewelry in the world, as it is a cost-effective manufacturing hub with a large base of manufacturers. Many of the companies shifted their manufacturing base from Western countries to the East, and especially to China owing to the low cost of labor and operations. This scenario is expected to result in paradigm shift in the industry increasing focus on product innovation & differentiation rather than lost-cost product offerings and streamlining distribution channels.

The global costume jewelry market is highly fragmented with both small and large players as well as other small brands and local non-branded products. LOUIS VUITTON, Avon Products, Inc., BaubleBar Inc., and Buckely London are key companies in the global costume jewelry market.

North America accounted for the major share in the global costume jewelry industry in 2015, and is expected to maintain its dominance throughout the forecast period, owing to growing demand for imitation jewelry items and increase in imports in U.S. Asia-Pacific is projected to grow at the highest rate in the near future, owing to increasing adoption of inexpensive artificial jewelry items, growing fashion consciousness, and rising purchasing power of consumers.

Enquiry Report: https://www.alliedmarketresearch.com/purchase-enquiry/2093?utm_source=OpenPR

Key Findings of the Costume Jewelry Market
•The rings segment is expected to grow at the highest CAGR of 8.8% from 2014 to 2022.
•U.S. accounted for the largest customer base in the North American costume jewelry market in 2015, and is anticipated to dominate the market throughout the forecast period.
•The online mode of sale segment is expected to grow at a highest CAGR of 7.7%
•The male consumers segment is expected to grow at a highest CAGR of 7.6% during the forecast period.

The key players profiled in the report are Buckley London, Avon Product Inc., Swank, Inc., Cartier, LOUIS VUITTON, DCK Concessions, Billig Jewelers, Inc., BaubleBar Inc., Giorgio Armani S.p.A, and Stuller, Inc. Market players have adopted various strategies such as product launch, acquisition, collaboration, and partnership to expand their foothold in the market.

Request Customization Report(20%) : https://www.alliedmarketresearch.com/request-for-customization/2093?utm_source=OpenPR

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Costume Jewelry Market to Reach $40,631 Million by 2022 | Top Key Players are Buckley London, Avon Product , Swank, Cartier, LOUIS VUITTON, DCK Concessions, Billig Jewelers and Stulle here

News-ID: 1421266 • Views: 246

More Releases from Allied Market Research

Overview Membrane Technology for Food and Beverage Processing Market Size, Share …
Membranes are natural or manufactured substances used for separation. They commonly serve the purpose of filter pads. Membranes, which are semi-permeable in nature (allow only selective compounds/substances to flow pass them) are easy to manufacture. These are gaining popularity in the process industry where purity of products is highly desired. Membranes are available in every shape and size and are required in numerous devices right from the water filter at
Cooking Appliances Market is Predicted to Grow High CAGR from 2019 to 2026
The cooking appliance include products such as microwaves, ovens, cook tops, and range hoods. Modern cooking appliance are used to provide ease to chefs. Also, with rapid depletion of natural resources such as LPG, and other petroleum products, there is an urgent need to use efficient and eco-friendly cooking appliances in kitchen. Key players are developing advance cooking appliances in order to increase their market share, and on the same
Power Bank Market Insights with Statistics and Growth Prediction 2018 to 2025
The growth of the global power bank market is driven by rising in demand for smartphones across the globe and an increase in sales of power banks on online portals & e-commerce websites. However, factors such as emerging trends of wireless charging and improved battery capacity of electronic devices hamper market growth. On the other hand, the development of solar & hydrogen fuel-based power banks and an increase in the
Shale Gas Market 2022 | Business Analysis and Evolutionary Growth
Shale gas is emerging as an ideal energy source, owing to its abundance, low carbon footprint and comparatively low price than conventional energy source such as natural gas, coal, nuclear and hydro. However, the issue of water scarcity due to the hydraulic fracturing technique may hamper its production. Moreover, the unstructured regulatory framework in the European countries may dampen its producers to some extent. The global shale gas consumption is

All 5 Releases


More Releases for Costume

Costume Jewelry Market: US Industry Analysis and Forecast, 2010-2024
Persistence Market Research’s report on US costume jewelry market delivers key insights on the dynamic growth of market under influence of multiple factors. The market, which is presently valued over US$ 13,500 Mn, is anticipated to showcase an absolute incremental opportunity of more than US$ 600 Mn in 2017 over 2016. Request For Report Sample@ https://www.persistencemarketresearch.com/samples/14863 According to the report, the costume jewelry market in US will grow at a steady pace
Global Swimming Costume Dryer Market 2018-2022
A swimming costume dryer is a convenient drying machine that extracts water from wet swimwear in seconds and therefore, is a must-have in homes and public facilities that have a swimming pool. This swimwear drying appliance plays an instrumental role in maintaining a cleaner and dryer environment in the locker rooms, changing areas, and swimming pool decks. Publisher's analysts forecast the global swimming costume dryer market to grow at a CAGR
Costume Jewelry Market Outlook by 2020 : PMR
Costume jewelry (also known as fashion jewellery, trinkets, junk jewelry, fake jewelry and fallalery) is a jewelry made of less valuable materials as compared with valuable materials such as gold, diamond, platinum and other precious metals and gem. The raw material used for these jewelleries include base metals, glass, plastic, synthetic stones, semi-precious stones, beads, ivory, lac, leather, terracotta, pearl and metals such as silver, aluminum and brass. On
Global Costume Jewelry Market Snapshot by 2020
Some of the major player in operating in the industry includes, Buckley Jewellery Limited, The Colibri Group, Avon Products Inc, Swank Inc, H. Stern Com. & Ind. S.A., Cartier SA, Channel S.A., Louis Vuitton North America, Inc., Stuller, Inc., Yurman Design, Inc., Billig Jewelers, Inc. and Gianni Versace S.p.A. Costume jewelry (also known as fashion jewellery, trinkets, junk jewelry, fake jewelry and fallalery) is a jewelry made of less
Global Costume Jewelry Market Report, 2015 – 2021
Costume jewelry is the type of jewelry manufactured as ornamentation to complement a particular fashionable costume or garment. It is made of non-precious materials to complement more valuable, expensive materials such as gold, platinum, diamond, and other precious materials. It is also known as trinkets, fashion jewelry, junk jewelry, or fake jewelry. Some of the raw materials used for manufacturing costume jewelry are metals, plastic, glass, synthetic stones, beads, semi-precious
Costume Jewelry Market, 2015-2021: Rising demand for men costume jewelry boost t …
Costume jewelry is the type of jewelry manufactured as ornamentation to complement a particular fashionable costume or garment. It is made of non-precious materials to complement more valuable, expensive materials such as gold, platinum, diamond, and other precious materials. It is also known as trinkets, fashion jewelry, junk jewelry, or fake jewelry. Some of the raw materials used for manufacturing costume jewelry are metals, plastic, glass, synthetic stones, beads, semi-precious