Costume Jewelry Market Size, Share, Analysis, Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Costume Jewelry Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global costume jewelry market share, size and  forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Costume Jewelry Market?

The global costume jewelry market size reached US$ 33.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 49.3 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

What is Costume Jewelry?

Costume jewelry, also known as fashion jewelry or imitation jewelry, refers to jewelry pieces made from various materials, including metals like brass, copper, and alloy, as well as non-metal materials like plastic, wood, beads, and rhinestones. It is primarily used as fashion accessories and is generally more affordable. It is designed to complement various outfits and styles without the high price tag of fine jewelry. It is available in numerous styles and designs, which makes it versatile and suitable for multiple occasions. It consists of necklaces, earrings, bracelets, rings, brooches, and more.

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What are the growth prospects and trends in the costume jewelry industry?

The increasing influence of social media, changing fashion and aesthetic trends, and the flourishing fashion industry represent one of the primary factors driving the demand for costume jewelry around the world.

Moreover, the rising number of online shopping platforms that have facilitated easy access to a vast selection of costume jewelry with discounted deals and numerous payment options is favoring the growth of the market. In addition, the emerging trend of gifting unique premium items like costume jewelry on account of its affordability is contributing to the market growth.

Besides this, the growing inclination towards personalized options, which enables customers to create unique pieces that resonate with their tastes, is influencing the market positively.

What is included in market segmentation?

The report has segmented the market into the following categories:

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

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

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, LVMH Moët Hennessy Louis Vuitton, Pandora A/S, Prada S.p.A., Stuller Inc. and Yanbal.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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