Global Costume Jewelry Market size in 2015 was valued at $25,554 million growing at CAGR of 6.9% to reach $40,631 million by 2022. Costume jewelry market has witness increased adoption owing to factors such as increasing prices of gold, silver & other precious gems jewelry, increasing demand for men costume jewelry and availability of wide variety of designs in costume jewelry.

The costume jewelry market has significantly benefited from the economic growth in the Asia-Pacific and LAMEA regions. Rise in living standards, and growing fashion consciousness are expected to boost the market growth. Presently, costume jewelry are high in demand among corporate people, working women, teenagers, and working population owing to affordability and increasing demand of men costume jewelry.

Advancements in online marketing trends and increase in use of digital media for product marketing are the key factors contributing to the growth of the global costume jewelry industry. Increase in adoption of technologically advanced techniques and colorful stones for artificial jewelry would contribute to the growth of e-commerce websites for imitation jewelries. However, fluctuating raw material prices and strict trade laws are some of the major factors that could hamper the market growth.

The report segments the global costume jewelry market on the basis of product type, gender, mode of sale and geography. Based on the type of the product, the market is categorized into necklaces & chains, rings, earrings, bracelets, cufflinks & studs, and others. Among these products, the necklaces & chains and bracelets segments are majorly in demand and hold a combined share of around 44% in global costume jewelry market. The mode of sale comprises of retail and online sale, where retail mode is further classified into brand outlets, boutiques, multi-brand stores, and specialty stores. Customers majorly prefer the retail mode of sale while buying jewelry. However, online medium for the purchase of costume and imitation jewelry is observed to be a rising trend among them. Online sales channel is expected to grow at the highest CAGR of 7.7% during the forecast period.

Key players profiled in the report are Buckley London, Avon Product Inc., Swank, Inc., Cartier, LOUIS VUITTON, DCK Concessions, Billig Jewelers, Inc., BaubleBar Inc., Giorgio Armani S.p.A, and Stuller, Inc.

Key Benefits

This report provides an in-depth analysis of the global costume jewelry market to elucidate the potential investment pockets.
The current trends and future scenarios are outlined to determine the overall market potential and single out profitable trends to gain a stronger foothold in the market.
This report provides information regarding key drivers, restraints, and opportunities along with their detailed impact analysis.
Quantitative analysis of the current market trends and future estimations for 20142022 are provided to indicate the financial competency.
Porters Five Forces Model of the industry illustrate the potency of the buyers and suppliers.

Costume Jewelry Market Key Segments

By Product Type

Necklaces & Chains
Earrings
Rings
Cufflinks & studs
Bracelets
Others (Brooches, pendants, anklets, pins)

By Gender

Male
Female
By Mode of Sale
Retail
Online

By Region

North America
U.S.
Canada
Mexico
Europe
UK
Italy
Germany
France
Rest of Europe
Asia-Pacific
China
India
Japan
Singapore
Rest of Asia-Pacific
LAMEA
Brazil
UAE
South Africa

Key Market Players

Avon Product Inc.
Buckley London
Swank, Inc.
Cartier
LOUIS VUITTON
DCK Concessions
Billig Jewelers, Inc.
BaubleBar Inc.
Giorgio Armani S.p.A
Stuller, Inc.

Other Companies Mentioned in the Report

The Colibri Group
H. Stern Com. & Ind. S.A.
Channel S.A.
Yurman Design, Inc.
Gianni Versace S.p.A.
Gucci Group NV
Swarovski Group
PANDORA A/S
H & M Hennes & Mauritz AB
Zara
PRADA