This report researches and evaluates the impact of COVID-19 outbreak on the market, including potential opportunities and challenges, drivers, and risks associated with the market. We present a detailed assessment of market growth based on numerous scenarios.

Market Overview:

The market report offers a detailed analysis of the market size, regional and country-level market size, segmentation, market growth, market share, competitive landscape, and the impact of domestic and global leading players.

Market Drivers:

The rising prices of gold and silver jewelry, rapid urbanization, and the increasing adoption of e-commerce platforms are the significant factors responsible for the growth of the costume jewelry market size. In the present digital scenario, e-commerce is considered as the most reliable platforms to purchase affordable and user-friendly jewelry. Online platforms offer a wide range of jewelry that could be found at a particular retail store. Additionally, the customers can easily view the jewelry from any place such as the workplace, home, or while in transit. Fashion brands on the e-commerce platform provide a better price, international designs, and patterns, lab certification, and offers easy payment gateways, which is encouraging the consumers towards the market for costume jewelry. Continuous advancements in technology have surged the adoption of e-commerce platforms among customers as they can easily ask their queries, which are addressed by automated chatbots and can track and monitor delivery status. Therefore, the increasing adoption of e-commerce platform is further surging the market growth.

As compared to the past decade, urbanization is increasing rapidly. Currently, the urban population mainly consists of youth, working individuals, including a large number of working women. With the changing economic status, the lifestyle of individuals has significantly changed. They are influenced by television shows, fashion bloggers, social media, and other channels, hence wearing trendy clothes and accessories is increasing in the market. Hence, it becomes challenging for economic class people to afford expensive ornaments, particularly in nations such as India, where wearing jewelry items is highly preferred.

Market Segmentation:

The Costume Jewelry Market is split by product, gender, sales channel, and regions. For the forecast period, the growth among the segments provides accurate calculations and forecasts for sales by different segments in terms of volume and value. This analysis will help in expanding the business by targeting qualified niche markets.

Segment by Product:

Necklaces & Chains
Earrings
Rings
Cufflinks & studs
Bracelets
Others
Segment by Gender:

Male
Female
Segment by Sales Channel:

Retail Sale
Online Sale
Segment by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

Competitive Landscape and Analysis:

The Costume Jewelry Market offers detailed information including company overview, company total revenue, market potential, global presence, and total revenue generated. The report will also provide market share, production sites, SWOT analysis, product launch, and other relevant data.

The key players for the Costume Jewelry Market are Silgan Azuli Skye, Silpada Designs Inc., Stella & Dot Llc, Premier Designs Inc., Louis Vuitton, Cartier SA, Sabika, Inc., Yanbal, Park Lane Jewelry, and Lulu Avenue, among others.

About GMI Research

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