Press release
U.S Costume Jewelry Market (New Report) is Poised to Experience Huge Global Growth from 2016 to 2024
The demand for costume jewelry in the US is expected to gain traction, in the years to come, as leading edge accessories will continue to replace traditional ornaments. Persistence Market Research's latest publication, titled "Costume Jewelry Market: US Industry Analysis and Forecast, 2010-2024," estimates that by the end of 2024, the costume jewelry market in US will have netted revenues worth over US$ 20,289.3 Mn.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://www.persistencemarketresearch.com/samples/14863
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. Globally-recognized fashion labels such as
Chanel S.A
Guess Inc.
Gianni Versace S.p.A
Alex and Ani, LLC
Pandora A/S
LVMH Moรซt Hennessy Louis Vuitton SE
Hermes International SA
Hennes & Mauritz Ab
Zara Espana SA
Gucci
Others
According to the report, the costume jewelry market in US will grow at a steady pace during the forecast period. Proliferation of e-commerce and online distribution channels has propelled the market's potential, while technologies facilitating computerized generation of jewelry designs have developed lucrative growth opportunities. During the forecast period, the US costume jewelry is projected to exhibit a value CAGR of 5.2%.
๐ ๐จ๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ฎ๐ฒ ๐๐จ๐ฐ @ https://www.persistencemarketresearch.com/checkout/14863
๐๐๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐จ๐ ๐๐ ๐๐จ๐ฌ๐ญ๐ฎ๐ฆ๐ ๐ฃ๐๐ฐ๐๐ฅ๐ซ๐ฒ ๐ฆ๐๐ซ๐ค๐๐ญ, ๐๐จ๐ฆ๐ฉ๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
Earrings & finger rings are likely to become top-selling products in the US costume jewelry market, bringing in over US$ 7,000 Mn by 2024-end
In terms of revenues, sales of necklaces and pendants across US will exhibit sizeable growth at 5.7% CAGR
Increasing presence of non-branded costume jewelry makers will keep fragmenting the market's growth
Inclination towards purchase of premium costume jewelry will fuel the market's expansion as rising disposable incomes and easy access to top brands will propel the reach of costume jewelry businesses in the US
Through 2024, close to US$ 10,000 Mn worth of costume jewelry sold in the US will be priced between US$ 50 and US$ 100, while demand for high-priced (US$ 220 above) will gain traction
The report also reveals that throughout the forecast period, multi-brand boutiques will be identified as largest distribution channels for costume jewelry in the US
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง @ https://www.persistencemarketresearch.com/request-customization/14863
๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ฌ๐ข๐ฌ๐ญ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on "micros" by Persistence Market Research helps companies overcome their "macro" business challenges.
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies'/clients' shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.
๐๐จ๐ง๐ญ๐๐๐ญ
Rajendra Singh
Persistence Market Research
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
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Email: sales@persistencemarketresearch.com
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