The Global Costume Jewelry Market size was valued at USD 45.8 billion in 2022 and is estimated to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
Global Costume Jewelry Market Driver:
Surging Fashion Consciousness & High Cost of Fine Jewelry to Aid in Market Growth – In recent years, consciousness regarding fashion has increased, which has been surging the adoption of costume jewelry such as bracelets, rings, necklaces, earrings, etc. Costume jewelry is in high demand among teenagers, corporate people, and working populations due to its affordability, which significantly holds a considerable share & helps to drive the market growth globally.
Moreover, the shifting perception of consumers to purchase cost-effective jewelry over expensive ones contributes to enhancing the Costume Jewelry Market size. Furthermore, to add beauty to the attire, consumers can purchase attractive jewelry via online shops at less cost, thus upscaling the demand graph. Also, increasing disposable income & rising urbanization aid in elevating the growth of the Costume Jewelry Market in the future years as well.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Costume Jewelry Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Type
- Necklace & Chain
- Ring
- Bracelets
- Earrings
- Others
- By Distribution Channel
- Online stores
- Offline stores
- By End Users
- Women
- Men
- By Company
- Revenue Shares
- Competition Characteristics
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Avon Products, Inc., Buckley London, Compagnie Financière Richemont SA, Randa Accessories, Stuller, Inc., Giorgio Armani S.P.A., DCK Group, Yurman Design Inc., The Colibri Group, Stern Com. & Ind. S.A., Swank Inc. and others are looking forward to strengthening their market positions.
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