Global Costume Jewelry Market 2019 – Statistics and Analysis & forecast to 2025

The global costume jewelry market size is expected to reach USD 39.2 billion by 2025, expanding at a CAGR of 6.5% in the forecast period, according to a new report by Grand View Research, Inc. Growing fashion consciousness, increasing number of working women, and rising disposable income are some of the factors for the market growth.
On the basis of type, the ring segment dominated the market with a share of 33.6% in 2018. Wide variety, application, and low cost of the product as compared to other product types is likely to fuel the segment growth in the forecast period. Earrings are expected to register a CAGR of 6.9% in the forecast period. Trend of changing the product on a daily basis among working women has led to the requirement of a variety of products, thereby influencing the product demand.

Louis Vuitton, Cartier, Sabika, Silgan Azuli Skye, Premier Designs, Yanbal, Park Lane, Silpada, Stella & Dot, and Lulu Avenue are some of the major market players in the industry.

Browse Research Report On costume jewelry Market:
https://www.grandviewresearch.com/industry-analysis/costume-jewelry-market
The offline segment is dominated the market and accounted for 74.4% share of the overall revenue in 2018. Traditional method of shopping, presence of a wide variety of products, and option of customization as per the customer preference are anticipated to propel the segment growth in the near future. The online segment is likely to expand at the fastest CAGR of 7.1% in the forecast period. Introduction of a large number of online platforms in recent times with trusted dealers is expected to drive the segment.

Further key findings from the study suggest:
  • By type, the ring segment is anticipated to expand at a CAGR of 7.1% in the forecast period
  • North America was the second largest regional costume jewelry market in 2018, accounting for 25.0% share of the overall revenue
  • Based on distribution channel, online stores are expected to register a CAGR of 7.1% in the forecast period.
Growing e-commerce and internet penetration in rural as well as urban areas have also impacted the demand for cosmetics in the recent time. For instance, the online sale of jewelry items has witnessed a growth of 15.0% in the last few years. Thus, the market demand for the product has also surged due to increasing internet penetration in the last few years. Furthermore, rising demand for the product in the men segment has fueled the market growth in the forecast period.

Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-costume-jewelry-market

Grand View Research has segmented the global costume jewelry market on the basis of type, distribution channel, end user:
Costume Jewelry Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)
  • Online Stores
  • Offline Stores
Costume Jewelry Type Outlook (Revenue, USD Billion, 2015 - 2025)
  • Necklace/Chain
  • Ring
  • Bracelet
  • Earring
  • Others
Costume Jewelry End User Outlook (Revenue, USD Billion, 2015 - 2025)
  • Men
  • Women
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


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