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Global Costume Jewelry Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled " Costume Jewelry Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20 23-2028
," the global costume jewelry market size reached US$ 33.1 Billion in 2022.
Costume jewelry, also known as fashion jewelry, comprises accessories or decorative items generally made using simulated stones and semi-precious base metals, such as brass, copper, silver and aluminum, that can easily bend and tarnish. It can also be made from inexpensive materials, including pearls, beads, non-precious metals, synthetic stones, ivory, plastic, terracotta, glass, textiles, leather, and metals plated with precious metals, like gold.
Some most commonly available types of costume jewelry include earrings, bracelets, anklets, finger and nose rings, bangles, and necklaces. Nowadays, costume jewelry is widely worn for personal adornment, improving aesthetics, and complementing specific outfits, garments, and current fashion trends. Request for a PDF sample of this report: https://www.imarcgroup.com/costume-jewelry-market/requestsample
The surging fashion consciousness among consumers, improving lifestyles and increasing purchasing power represent the primary factor driving the market growth. In addition, with the expanding working population, there has been a significant rise in the demand for affordable accessories and jewelry pieces. Along with this, the growing awareness regarding personal appearance among individuals and the rising acceptance of men’s costume jewelry have augmented the product demand. Furthermore, several key players are experimenting with different semi-precious stones, beads, and metals to provide a range of innovative costume jewelry in new designs and at affordable prices. In line with this, extensive investments in aggressive promotional activities, such as celebrity endorsements, online ads, and discount offers, have propelled the market growth.
Besides this, the growing popularity of customized costume jewelry engraved with specific quotes, names, designs, and patterns to add emotional connection or for gifting purposes has accelerated the product adoption rate. Other factors, including the escalating demand for luxury jewelry among corporate women, changing fashion trends, rising number of metrosexual men, surging social media influence, increasing internet penetration, and easy product availability via e-commerce platforms, are also providing a positive thrust to the market growth.
Looking forward, IMARC Group expects the market value to reach US$ 49.3 Billion by 2028, expanding at a CAGR of 6.5% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/costume-jewelry-market
Key Market Segmentation
The research report includes the following segments:
Breakup by Product Type:
• Rings
• Necklaces and Chains
• Earrings
• Cufflinks and Studs
• Bracelets
• Others
Breakup by Gender:
• Female
• Male
Breakup by Distribution Channel:
• Offline
• Online
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Competitive Landscape with Key Players:
• Avon Products Inc. (Natura & Co)
• Buckley London
• Chanel
• Compagnie Financière Richemont SA
• David Yurman Enterprises LLC
• Gianni Versace S.r.l. (Capri Holdings Limited)
• Giorgio Armani S.p.A
• H & M Hennes & Mauritz AB
• H.Stern Jewelers
• LVMH Moët Hennessy Louis Vuitton
• Pandora A/S
• Prada S.p.A
• Stuller Inc
• Yanbal
1. How has the global costume jewelry market performed so far and how will it perform in the coming years?
2. What has been the impact of COVID-19 on the global costume jewelry market?
3. What are the key regional markets?
4. What is the breakup of the market based on the product type?
5. What is the breakup of the market based on the gender?
6. What is the breakup of the market based on the distribution channel?
7. What are the various stages in the value chain of the industry?
8. What are the key driving factors and challenges in the industry?
9. What is the structure of the global costume jewelry market and who are the key players?
10. What is the degree of competition in the industry?
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/costume-jewelry-market/toc
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