Costume Jewelry Market 2025 Growth, Share, Size, Key Drivers By Manufacturers, Upcoming Trends
“Costume Jewelry Market Report provides in-depth analysis of industry by production, share, size, Demand, Proposition, Development, Opportunities, Growth, Economic Trends, Technologies Research, Segmentation, Key Futuristic, Investment Feasibility, Major Key Players, SWOT analysis and Forecast�
The global costume jewelry market is estimated to reach USD 39.2 billion, by 2025, expanding at a CAGR of 6.5% from 2019 to 2025, according to a new report by Million Insights. The rising population of working women individuals, increasing fashion trends, and increasing disposable income are the key factors that are expected to propel the market growth. The ring type accounted for the largest market share of 33.6% in the overall market, segmented by type. The rings costs very less compare to other jewelry items, thus is expected to boost the growth of the market in the forecast period. The growing popularity among youth population is particularly in the women is anticipated to proliferate the demand for the production the next few years. Growing demand for high quality, ethical and newest designs is increasing the demand for the costume jewelry. Major players in the costume jewelry market focus on changing consumer behavior, fashion styles for developing new jewelry variants. The offline stores channel held the largest market share of over 74.0% in the overall market. Consumers prefer to visit the offline stores for the customized and personalized product designs. Online channel is projected to grow at the highest CAGR of 7.1% from, 2019 to 2025.Rising number of online portals with trusted partners and dealers is boosting the online channels growth.
Request Sample Copy of this Market Research @ https://www.millioninsights.com/industry-reports/global-costume-jewelry-market/request-sample The growing internet penetration, and rural, urban development has a positive impact on the cosmetics industry. For instance, jewelry product through online retailer has seen growth over 15.0% in the recent few years. Furthermore, increasing demand from men for the product is expected to propel the market growth.