Imitation Jewelry Market Imitation jewelry refers to jewelry made from inexpensive metals and gemstones. Imitation jewelry is mainly made from low cost metals such as brass, nickel, sterling silver, steel, silver or gold plated. It also includes gemstones such as lucite or rhinestone. As the cost of buying gemstones, diamonds, and solid gold is steep when trying to match up jewelry pieces for different occasions and outfits, consumers are purchasing imitation jewelry to strike a balance between looking fashionable and maintaining budgets. Imitation jewelry is a replica of fine jewelry but can cost significantly less. The imitation jewelry market is projected to grow at a high rate during the forecast period due to growing demand. Major Key Players of the Imitation Jewelry Market are: DCK Concessions, Yurman Design, Inc., LOUIS VUITTON, Avon Product Inc., Swank, Inc. Cartier, Buckley Jewellery Limited, Billig Jewelers, Inc., BaubleBar Inc., Stuller, Inc., and Gianni Versace S.p.A. among others. Get sample copy of “Imitation Jewelry Market” at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=32912 The main drivers of growth for the imitation jewelry market is globalization of brands, rising prices of gold and other valuable stones and pearls, and growing demand for male costume jewelry. Some of the key challenges faced by the imitation jewelry industry include rising raw material cost and overall subtle market of fashion jewelry. The disorganized supply chain of the raw materials used in costume jewelry also acts as a major restraint for the industry as it sometimes increases the prices of raw materials. Online channels are still a new trend in many regions but are offering numerous new opportunities for the market. The main threat hampering the growth of the imitation jewelry market is the shortage of skilled craftsmen. Additionally, considerable time is spent on quality checks of raw materials from local suppliers, thus delaying delivery to the market. Although there are strict regulations (especially in the western countries) regarding the type of metals used in the jewelry, some cases have been reported which shows a high percentage of unsafe chemicals used, including lead, chromium, and nickel. This has created fear in the minds of people and can act as a major restraint which can negatively impact the growth of the market in the near future. Also, fast changing fashion trends is affecting the growth of the market. However, growing fashion consciousness among teens and cost effective fashionable jewelry is likely to boost the overall market in the coming years. The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications. The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis