U.S Costume Jewelry Market (New Report) is Poised to Experience Huge Global Growth from 2016 to 2024

The multi-billion dollar media & entertainment industry in the US unmistakably grabs the attention of almost every other person in the world. From Hollywood to its fashion & showbiz, US has always welcomed innovative designs that transform one's appearance into remarkable stance.

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.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐫𝐞𝐩𝐨𝐫𝐭 @ 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 Moët 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%.

𝐅𝐨𝐫 𝐈𝐧-𝐃𝐞𝐩𝐭𝐡 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐁𝐮𝐲 𝐍𝐨𝐰 @ https://www.persistencemarketresearch.com/checkout/14863

𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐨𝐟 𝐔𝐒 𝐜𝐨𝐬𝐭𝐮𝐦𝐞 𝐣𝐞𝐰𝐞𝐥𝐫𝐲 𝐦𝐚𝐫𝐤𝐞𝐭, 𝐜𝐨𝐦𝐩𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

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

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 @ https://www.persistencemarketresearch.com/request-customization/14863

𝐀𝐛𝐨𝐮𝐭 𝐏𝐞𝐫𝐬𝐢𝐬𝐭𝐞𝐧𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭

Rajendra Singh
Persistence Market Research
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