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Costume Jewelry Market Growth Opportunity Analysis and Industry Forecast, 2014-2022 | Buckley London, Avon Product, Swank, Cartier, LOUIS VUITTON, DCK Concessions, Billig Jewelers, BaubleBar, Giorgio Armani S.p.A

07-11-2019 03:11 PM CET | Fashion, Lifestyle, Trends

Press release from: Premium Market Insights

Premium Market Insights - Costume Jewelry Market

Premium Market Insights - Costume Jewelry Market

Global Costume Jewelry Market size in 2015 was valued at $25,554 million growing at CAGR of 6.9% to reach $40,631 million by 2022.

Costume jewelry market has witness increased adoption owing to factors such as increasing prices of gold, silver & other precious gems jewelry, increasing demand for men costume jewelry and availability of a wide variety of designs in costume jewelry.

The costume jewelry market has significantly benefited from the economic growth in the Asia-Pacific and LAMEA regions. Rise in living standards, and growing fashion consciousness are expected to boost market growth. Presently, costume jewelry are high in demand among corporate people, working women, teenagers, and working population owing to affordability and increasing demand of men costume jewelry.

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Advancements in online marketing trends and increase in use of digital media for product marketing are the key factors contributing to the growth of the global costume jewelry industry. Increase in adoption of technologically advanced techniques and colorful stones for artificial jewelry would contribute to the growth of e-commerce websites for imitation jewelries. However, fluctuating raw material prices and strict trade laws are some of the major factors that could hamper the market growth.

The report segments the global costume jewelry market on the basis of product type, gender, mode of sale and geography. Based on the type of the product, the market is categorized into necklaces & chains, rings, earrings, bracelets, cufflinks & studs, and others. Among these products, the necklaces & chains and bracelets segments are majorly in demand and hold a combined share of around 44% in global costume jewelry market. The mode of sale comprises of retail and online sale, where retail mode is further classified into brand outlets, boutiques, multi-brand stores, and specialty stores. Customers majorly prefer the retail mode of sale while buying jewelry. However, online medium for the purchase of costume and imitation jewelry is observed to be a rising trend among them. Online sales channel is expected to grow at the highest CAGR of 7.7% during the forecast period.

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Key players profiled in the report are Buckley London, Avon Product, Swank, Cartier, LOUIS VUITTON, DCK Concessions, Billig Jewelers, BaubleBar, Giorgio Armani S.p.A, and Stuller, Inc.

Costume Jewelry Market Key Segments:

By Product Type

Necklaces & Chains
Cufflinks & studs
Others (Brooches, pendants, anklets, pins)

By Gender

By Mode of Sale

Reasons to Purchase:

- Outperform competitors using accurate up to date demand-side dynamics information.
- Identify growth segments for investment.
- Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market.
- Create regional and country strategies on the basis of local data and analysis.
- Stay abreast of the latest customer and market research findings
- Benchmark performance against key competitors.
- Develop strategies based on likely future developments.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Gain a global perspective on the development of the market.

We also can offer customized report to fulfill special requirements of our clients.

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Contact Info:
Name: Sameer Joshi
Organization: Premium Market Insights
Phone: +1-646-491-9876

About Premium Market Insights:
Premium Market Insights is a one-stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

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