Press release
Costume Jewellery Market to Witness Remarkable Growth, Projected to Reach US$ 68.61 Billion by 2029
18.09.2023: Costume Jewellery Market Report Scope and Research MethodologyThe Global Costume Jewellery Market Report 2029 provides an extensive analysis of the market, including market dynamics, drivers, restraints, regional insights, and research methodology. The report covers various market segments, including Product Type, Gender, Mode of Sale, and Region, and offers comprehensive insights into the industry's significant developments. It utilizes methodologies such as PORTER and PESTEL analysis to present a clear view of the market landscape.
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What are Costume Jewellery Market Dynamics?
The growth of the Costume Jewellery Market is primarily driven by factors such as the fluctuating price of precious materials like gold and diamonds, leading consumers to opt for more affordable costume jewellery. Additionally, the rise in fashion consciousness, adoption of Western culture, and increased disposable income are contributing to market growth. However, factors such as the increasing cost of raw materials and the limited-term popularity of jewellery pose challenges to market growth.
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What is Costume Jewellery Market Segmentation?
In 2022, the women's market sector had the biggest market share (xx%). The key driver of this market's expansion is the adoption of numerous jewellery kinds for various occasions. Jewellery is a crucial component for female users since it improves their appearance. Many women have turned to costume jewellery instead of fine jewellery due to the escalating costs of materials like gold and diamonds. Costume jewellery can be quickly changed out to match an outfit or an event without breaking the bank. Over the course of the projected period, the market is also anticipated to be driven by an increase in the demand for upscale jewellery among corporate women for their everyday attire.
Online sales are expected to expand at the fastest CAGR of 7.5% throughout the projected period among all modes of sale. The increasing prevalence and use of the internet is a major factor in the segment's growth. Young clients' busy schedules and the entry of reliable online retailers are both contributing to the market's expansion.
The market for necklaces and chains, by product type, is anticipated to see the largest CAGR growth throughout the projection period. For formal events, women adore wearing chains or necklaces. The necklace and chain section of the product type segment is seeing revenue increase mostly due to rising grooming consciousness among women all over the world.
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Who are Costume Jewellery Market Key Players?
1. Avon Product
2. Buckley London
3. Swank
4. Cartier
5. LOUIS VUITTON
6. DCK Concessions
7. Billig Jewelers
8. BaubleBar
9. Giorgio Armani
10. Stuller
11. The Colibri Group
12. H. Stern
13. Channel
14. Yurman Design
15. Gianni Versace
16. Gucci Group NV
17. Swarovski Group
18. PANDORA A/S
19. H & M Hennes & Mauritz AB
20. Zara
21. PRAD
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Table of content for the Costume Jewellery Market includes:
Part 01: Executive Summary
Part 02: Scope of the Costume Jewellery Market Report
Part 03: Global Costume Jewellery Market Landscape
Part 04: Global Costume Jewellery Market Sizing
Part 05: Global Costume Jewellery Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Regional Insights:
Europe led the market in 2022, accounting for 38% of the share. The region's strong focus on research and development, coupled with a growing demand for natural products, is driving market growth. Additionally, the healthcare industry's rapid expansion and increasing demand for marine products contribute to the market's strength.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic
perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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