Press release
Costume Jewelry Market in US to Reach US$ 20.3 Bn by 2024 – PMR Report
View Report Overview@ http://www.persistencemarketresearch.com/market-research/us-costume-jewelry-market.asp
Globally-recognized fashion labels such as Chanel S.A., Gianni Versace S.p.A, Hermes International AS, LVMH Moet Hennessy Louis Vuitton SE, and Gucci are also observed to be key players in US costume jewelry market. Other leading manufacturers of costume jewelry in the US, such as Pandora A/S, ZARA ESPANA SA, Hennes & Mauritz Ab, Guess Inc., and Alex and Ani, LLC, are also profiled as prominent players in this report.
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%.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/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.
US Costume Jewelry Market Report 2016-2024 is available for $3900 (Single User License) @ http://www.persistencemarketresearch.com/checkout/14863
Persistence Market Research Overview
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.
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