Costume Jewelry Market By Product Type Bracelets, Necklaces and Chains, Cufflinks and Studs, Earrings, Rings and Other Product Types, Gender Female and Male and Mode of Sale Online and Retail – Global Industry Analysis And Forecast To 2025
The costume jewelry is also referred to as trinkets; fake jewelry, fallalery, junk jewelry, trinkets, or fashion jewelry is the jewelry produced as the ornamentation to supplement the specific fashionable garment or costume rather than the “genuine” fine jewelry, that might be viewed fundamentally as keepsakes, investments, or collectibles. Initially, the costume or the fashion jewelry was manufactured of the inexpensive recreated gemstones, for example, the lucite or rhinestones, set in brass, pewter, silver or nickel. Amid the sorrow years, rhinestones were even minimized by the few makers to meet the expense of creation. Therefore, the Costume Jewelry Market is anticipated to expand and has tremendous scope during the forecast period. The global Costume Jewelry Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers and Restrains
The factors that are driving the growth of the market are; urbanization taking place at a rapid rate across the globe, increasing demand from female and also male across the globe, increasing utilization of internet services that is increasing the sales taking place online, rising cost related to the precious metals like the silver, gold and platinum is shifting focus of the people towards this option of jewelries, etc. The factors limiting the growth of this market can be the increasing cost of raw material utilized for manufacturing and the sensitivity of these jewelries.
The North American region is leading the market owing to some strong market players present in this region while the Asia Pacific region will take over the market due to increasing disposable income with the population.
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Costume Jewelry Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
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The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Avon Product Inc.
Giorgio Armani S.p.A
Billig Jewelers Inc.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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Name: Jennifer Daniel
Organization: Planet Market Reports