Global Costume Jewelry Market Snapshot by 2020
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 the basis of products, the costume jewelry industry is broadly categorized as bracelets, brooch, earrings, necklaces, chokers, bangles, finger rings, toe rings, anklets and pendants.
The costume Jewelry industry operates as a true global industry as the raw materials are mostly sourced from Australia, Africa, Russia and Canada, manufacturing takes place in China, India, Italy and Turkey whereas the largest markets is North America, followed by Europe.
Request to view table of content @ http://www.persistencemarketresearch.com/toc/2791
The developing economies such as BRIC (Brazil, Russia, India and China) are the fasted growing market with double digit growth rates. Asia Pacific is the largest producer of costume jewelry and expected to take over North America in terms of consumption in the coming years. High growth rate in Asia Pacific region is attributed to the rising income of the consumers in these countries. Further, with the massive urbanization and westernization taking place, the consumers are now becoming more fashionable and trendy. Moreover large population of young consumers (average age is 29 year and 37 year respectively for India and China) are also a key contributor in overall growth of costume jewelry in these countries.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/2791
The key drivers for the costume jewelry include increasing prices for gold and other precious gems and pearls, internationalization of brands and increasing demand of men costume jewelry. Some of the key challenges for the costume jewelry industry include rising raw material cost and fad sensitive market of fashion jewelry. The unorganized supply chain of the raw materials in costume jewelry industry also act as a major restraint for the industry as it sometimes lead to steep hike in the prices of raw materials. Online channels, which are still new trend, offer new opportunity for the market.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
This release was published on openPR.
Permanent link to this press release:
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 Global Costume Jewelry Market Snapshot by 2020 here
News-ID: 424915 • Views: 306
More Releases from Persistence Market Research
The Outpatient Home Therapy Market to witness an overall with respect to growth …
Outpatient home therapy provides treatment at the patient’s home. There need for outpatient home therapy is growing and more facilities are added to the services. Outpatient home therapy provides extra comfort to the patients and is regulated by the Medicare and Medicaid programs. Home therapy is useful when patients are not able to travel to the healthcare units due to lack of transportation or the patient may not be able
The Meningococcal Vaccines Market to scale high in the next decade
The meningococcal vaccine market has expanded to a significant extent over the past few years in correspondence to the parent market. Constant research and development in meningococcal vaccines for various meningococcal disease preventive applications, coupled with the sanctions of subsidy & support of government organizations for immunization program are among the significant factors that are anticipated to drive the growth of the meningococcal vaccine market during the forecast period. Expansion of
The Immunoassay Interference Blocker Market to be on the escalation mode in the …
The rapidly increasing prevalence of chronic diseases and the growth of the aging population across the world are among factors that are expected to increase the need for biochemical testing for the management of chronic diseases. The global increase in aging population is expected to increase the demand for diagnostic kits and reagents for the detection of age-related as well as other chronic conditions, which is expected to boost the
The Orthopedic Surgical Robots Market to foresee growth in the next 10 years
Orthopedic surgical robots have gained immense popularity over the years. Consistent advancements in the technology for orthopedic surgical robots, the availability of orthopedic surgical robots across the globe, and increase in government funding and investments by manufacturers for the development of orthopedic surgical robots are among the primary factors that are anticipated to fuel the demand for orthopedic surgical robots during the forecast period. According to the latest research by PMR,
More Releases for Ind
What's Driving The Bus Duct Market Growth? Key Players Are: Siemens, Schneider E …
The report on the “Bus Duct Market” is a complete overview of the market, covering various aspects of product definition, segmentation based on various parameters, and the prevailing vendor landscape. It compiles in-depth information and research methodologies. It is also combined with relevant charts and tables to enable readers to get a better perspective of this global market. Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/3002119?utm_source=RK-OPR By Market Players: Siemens,
Bus Duct Market Analysis and forecast to 2019- 2024: Top manufacturers are- Schn …
According to the Global Bus Duct Market (2019) Report, size of market is expected to grow over time in terms of Demand, supply, Revenue etc. The report also analyses driving forces behind the growth and popularity, industry peers and their Strategic, key geographical regions, influencing Factors and forecast to 2024. The report provides a comprehensive analysis of the Bus Duct industry market by types, applications, players and regions. This report also
Global Curcumin Market 2019 - Synthite Ind, Sabinsa, Indena, Biomax
This new report by Eon Market Research, titled “Global Curcumin Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Curcumin industry at a global as well as regional and country level. Key facts analyzed in this report include the Curcumin market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study of the competitive
Future Of Confectionery Equipment Market: Recent Industry Activity, Focus on Key …
Confectionery Equipment Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/26272 UpMarketResearch offers a latest published report on “Global Confectionery Equipment Market Analysis and Forecast 2018- 2025” delivering key insights and providing a competitive advantage to
Curcumin Market 2016 - Synthite Ind, Sabinsa, Indena, Biomax, K.Patel Phyto,
The Global Curcumin Market 2016 Industry Research Report focused on major manufacturers, regions, type as well as application of the Curcumin industry. Curcumin is an ingredient of turmeric which is found in limited amounts in ginger. It is not water-soluble, but it is soluble in ethanol. It has excellent properties such as anti-inflammatory and anti-oxidation. It is extracted from turmeric and is widely used in pharmaceuticals, food and cosmetics industry
Technology Innovation Award for IND iMobile Banking
1st April 2009- BUDAPEST, Hungary – The prestigious award, Innovation Grand Prize recognized by The Hungarian Association for Innovation was presented by The President of the Republic of Hungary Mr. László Sólyom at the dignified ceremony held in Hungarian Parliament’s Upper House Hall on last Friday. IND Group’s software product, IND iMobile Banking presented at last year’s CEBIT with a great success, received the glittering Technology Innovation Award at 17th