DUBLIN–(BUSINESS WIRE)–The “Fashion Jewelry Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” report has been added to from ResearchAndMarkets.com offer.
The global costume jewelry market reached a value of US$30.78 billion in 2021. Looking ahead, the publisher expects the market to reach a value of US$47.13 billion. by 2027, posting a CAGR of 7.36% in 2021-2027.
Avon Products Inc. (Natura & Co)
Financial Company Richemont SA
David Yurman Enterprises LLC
Gianni Versace Srl (Capri Holdings Limited)
Giorgio Armani SpA
H&M Hennes & Mauritz AB
H. Stern Jewelers
LVMH Moet Hennessy Louis Vuitton
Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on different end-use sectors. This information is included in the report as a major market contributor.
Costume jewelery refers to fashion accessories or decorative objects generally made from inexpensive materials, such as pearls, base metals, synthetic stones, ivory, plastic, terracotta and glass . It can also be made from pearls and semi-precious metals such as silver, aluminum and brass.
Costume jewelry is widely available in impressive designs and is worn for personal adornment or to complement current fashion, specific outfits or clothing. Other than that, it helps the wearer to add aesthetics, enhance beauty and provide versatility at a lower cost. Earrings, anklets, finger and nose rings, bracelets, and necklaces are some of the common types of costume jewelry.
Changing fashion trends due to inflation in income levels and growing awareness of personal appearances are creating a positive outlook for the market. In this light, the growing labor force has facilitated the demand for affordable adornment pieces, such as costume jewelry, which further propels the growth of the market.
Moreover, manufacturers are experimenting with different semi-precious stones, pearls and metals to provide many varieties of fashion jewelry that meet various fashion needs at cost-effective rates. This, in turn, promotes the growth of the market. Apart from this, various product innovations, such as the introduction of personalized costume jewelry that can be engraved with specific quotes, names, designs and colors to create uniqueness and add emotional connection, are greatly boosting the market growth.
Moreover, the widespread adoption of aggressive promotional activities including celebrity endorsements and various discount offers is positively impacting the growth of the market. Other factors including increasing purchasing power of the masses, growing internet penetration, easy availability of products on e-commerce platforms, innovations in jewelry packaging styles and growing demand costume jewelry for men, are expected to drive the market towards growth.
Answers to key questions in this report:
How has the global costume jewelry market behaved so far and how will it behave in the years to come?
What has been the impact of COVID-19 on the global fashion jewelry market?
What are the main regional markets?
What is the market breakdown by product type?
What is the gender-based market split?
What is the market breakdown by distribution channel?
What are the different stages of the industry value chain?
What are the key drivers and challenges in the industry?
What is the structure of the global fashion jewelry market and who are the major players?
How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive summary
4.2 Key Industry Trends
5 Global Costume Jewelry Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakdown by Product Type
7 Market Breakdown by Gender
8 Market Breakdown by Distribution Channel
9 Market Breakdown by Region
10 SWOT Analysis
11 Value chain analysis
12 Analysis of the five forces of carriers
13 Price Analysis
14 Competitive Landscape
14.1 Market structure
14.2 Major Players
14.3 Profiles of Key Players
For more information on this report, visit https://www.researchandmarkets.com/r/v2jksh