Overview:
Costume jewelry, also known as junk jewelry, imitation jewelry, and fashion jewelry, is made of less valuable materials as compared to the materials used in making valuable jewelry, such as diamonds, gold, platinum, and other precious metals and gems. Raw materials include plastic, glass, semi-precious stones, leather, terracotta, metals such as aluminum and silver, and others.
The global costume jewelry market is growing at a fast pace and is anticipated to attain significant growth over the next seven years until 2023. Increasing prices of gold and other precious metals are anticipated to expand the demand for costume jewelry over the forecast period. The rising number of metrosexual men, along with the increasing popularity of costume jewelry amongst them, is expected to intensify the growth of the costume jewelry market during the forecast period.
At present, the Asia Pacific region captured the maximum share in revenue from the costume jewelry market and is anticipated to dominate over the forecast period. In the Asia Pacific region, rising fashion consciousness, along with escalating personal disposable income, has strengthened the growth of the costume jewelry market over the past few years. Increasing urbanization, along with the adoption of western culture, is anticipated to expand the growth of the costume jewelry market over the period 2016–2023.
The global costume jewelry market is mainly concentrated in Asia and the Pacific. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
The global costume jewelry market is segmented on the following basis:
By Product
- Earrings
- Necklaces
- Brooch
- Bangles
- Toe Rings
- Finger Rings
- Anklets
- Pendants
- Others
By Sales Channel
- Offline Store
- Online Store
- Others
By Geography
North America
Europe
- U.K.
- France
- Germany
- Italy
- Russia
- Rest of Europe
Asia Pacific
- Japan
- China
- India
- Australasia
- Rest of APAC
- Rest of the World
Latin America
- Brazil
- rest of Latin America
Middle East and Africa
Key players identified across the value chain in the costume jewelry market include but are not limited to:
The Colibri group includes Swank Inc., Buckley Jewellery Ltd., H.Stern Com & Ind.S.A., Cartier S.A., Stuller Inc., Louis Vuitton North America Inc., Billig Jewelers Inc., and others.
This report offers the following:
- An overview of the global costume jewelry market
- Market trends assessment for the period 2016-2023, with historical information for 2013 and 2014 and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
- Qualitative assessment tools such as market drivers, challenges, and future prospects, and competitive analysis: market positioning of key market players
- Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
- A general overview of the industry structure
- Company profiles highlighting key information about the major players operating in the global costume jewelry market,
- This report includes an estimation of market sizes for value. Both top-down and bottom-up approaches have been used to estimate and validate the size of the costume jewelry market.
