Market Research Report

Global Costume Jewelry Market Research Report: Forecast (2023-2028)

By Type (Necklace & Chain, Ring, Bracelets, Earrings, Others), By Distribution Channel (Online stores, Offline stores), By End Users (Women, Men), By Region (North America, South A...merica, Europe, The Middle East & Africa, Asia-Pacific), By Company (Avon Products, Inc., Buckley London, Compagnie Financière Richemont SA, Randa Accessories, Stuller, Inc., Giorgio Armani S.P.A., DCK Group, Yurman Design Inc., The Colibri Group, Stern Com. & Ind. S.A., Swank Inc., Others) Read more

  • FMCG
  • Oct 2023
  • 196
  • CG33053

Market Definition

Costume jewelry is also known as fashion jewelry, which is used to enhance the appearance. It is often made of less-precious or synthetic materials such as copper, aluminum, brass, plastics, textiles, synthetic, stones, etc. While fine jewelry is designed with precious metals, such as silver, platinum, gold, diamond, gemstones, etc., costume jewelry is usually cheap compared to it.

Market Insights & Analysis: Global Costume Jewelry Market (2023-28)

The Global Costume Jewelry Market was valued at USD 45.8 billion in 2022 and is estimated to grow at a CAGR of around 6.5% during the forecast period, i.e., 2023-28. With the booming fashion consciousness, adoption of Western society, and ascending income levels, the market is projected to propel. Costume jewelry is majorly utilized by the population to enhance & complete their fashionable outfit look. Hence, due to the increasing consciousness of fashion & jewelry worldwide, the demand for this jewelry is destined to upscale. Youngsters across the globe are inclined towards trending fashion and desire to keep up with the changing lifestyle. Therefore, as costume jewelry is affordable & has an attractive appearance, it is becoming popular among the young population.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 6.5%
Regions Covered North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: The UAE, Saudi Arabia, Qatar, Egypt, South Africa, Rest of the Middle East & Africa
Key Companies Profiled Avon Products, Inc., Buckley London, Compagnie Financière Richemont SA, Randa Accessories, Stuller, Inc., Giorgio Armani S.P.A., DCK Group, Yurman Design Inc., The Colibri Group, Stern Com. & Ind. S.A., Swank Inc., Others
Market Value (2022) USD 45.8 Billion

 

Moreover, the broad introduction of fashion jewelry, characterized by its metal-plated designs featuring various colors, shapes, and sizes, is poised to captivate consumers and stimulate sales within the jewelry industry. This, in turn, is expected to facilitate the expansion of the Costume Jewelry Market. The rising preference for technologically advanced techniques and vibrant gemstones in artificial jewelry is believed to contribute significantly to the growth of imitation jewelry through e-commerce platforms.

Nevertheless, the potential drawback of reduced durability associated with Costume Jewelry poses a challenge for the market. However, the increasing initiatives by key industry players represent a promising opportunity for market expansion. Consequently, the proliferation of online platforms & reputable sellers is opening new avenues for market players, driving the market towards a positive trajectory in the forthcoming years.

Global Costume Jewelry Market Driver:

Surging Fashion Consciousness & High Cost of Fine Jewelry to Aid in Market Growth – In recent years, consciousness regarding fashion has increased, which has been surging the adoption of costume jewelry such as bracelets, rings, necklaces, earrings, etc. Costume jewelry is in high demand among teenagers, corporate people, and working populations due to its affordability, which significantly holds a considerable share & helps to drive the market growth globally.


Global Costume Jewelry Market Research Report: Forecast (2023-2028)

Moreover, the shifting perception of consumers to purchase cost-effective jewelry over expensive ones contributes to enhancing the Costume Jewelry Market size. Furthermore, to add beauty to the attire, consumers can purchase attractive jewelry via online shops at less cost, thus upscaling the demand graph. Also, increasing disposable income & rising urbanization aid in elevating the growth of the Costume Jewelry Market in the future years as well.

Global Costume Jewelry Market Possible Restraint:

Less Durability & Presence of Allergens in Costume Jewelry to Limit Market Growth – The less durability of costume jewelry acts as a potential restraint for the Costume Jewelry Market. The jewelry is typically made up of less-expensive or cheaper materials such as glass, metals, brass, plastics, synthetic stones, etc., due to which they are less durable & their color fades away very quickly than fine jewelry, which is made of precious materials.

Due to its low durability & relatively short lifespan, costume jewelry is more likely prone to wear, breakage, and tarnishing, thus making the consumers inclined towards fine jewelry. This results in obstructing the sales, which affects the manufacturers, further constraining the Costume Jewelry Market growth worldwide.

Furthermore, sometimes costume jewelry can cause allergies because it contains an allergenic substance known as nickel. With the use of costume jewelry, some individuals have been experiencing allergic reactions, including itching, redness, irritation, etc., therefore contributing to limiting the market growth.

Global Costume Jewelry Market Growth Opportunity:

Surging Manufacturers’ Efforts Act as a Lucrative Opportunity for the Market – As the demand for costume jewelry has been growing over the years, the market size is poised to enhance in the coming years. Nowadays, consumers are seeking jewelry with less harmful & minimum side-effects, providing cost-effectiveness.

Due to such factors, many manufacturers, such as Avon Products, Inc., Buckley London, and Yurman Design, Inc., are focusing on investing in marketing approaches that can promote the valuable aspects of their products related to costume jewelry. Hence, these efforts of key manufacturers & increasing mandate for costume jewelry produce a lucrative opportunity for the Costume Jewelry Market, possibly raising the growth rate during the forecast period.

Global Costume Jewelry Market Key Trend:

Rising Eminence of Celebrities, Social Media, and Fashion Influencers Shaping the Market Progression – The increasing advertisements of costume jewelry, rising fashion influencers, and celebrity endorsement an ongoing trend that is assisting in boosting the Costume Jewelry Market growth. In the fashion industry, celebrities, social media influencers, and fashion icons wear costume jewelry to attain various looks & styles.

Hence, the emerging entertainment industry is playing a key role in upscaling the market expansion. Furthermore, the demand for costume jewelry is also observed in the emerging entertainment industry, thus becoming a trend and further enhancing the Global Costume Jewelry Market size in the projected years.

Global Costume Jewelry Market (2023-28): Segmentation Analysis

The Costume Jewelry Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2023–28 at the global, national, and regional level. In accordance to the analysis, the market has been further classified as:

Based on Product Type:

  • Necklace & Chains
  • Rings
  • Bracelets
  • Earrings
  • Others

The Necklace & Chain segment is projected to hold the largest share of the Costume Jewelry Market, owing to the availability of various shaped & sized items. The higher price of necklaces & chain items compared to other segments results in higher segmental revenues. Hence, the change in fashion trends or styles further helps contribute a significant share in the market growth. Also, the rise in fashion consciousness among the population worldwide, and the need for the delicate design of necklaces & chains is another factor driving the Costume Jewelry Market growth.

Based on End User:

  • Women
  • Men

The Women segment dominated the market in 2022 and is anticipated to account for the highest share in the years ahead. Women are more conscious about personal grooming & appearances, which contributes to enhancing the Costume Jewelry Market size. The variety of jewelry available under the women's segment rather than the men's segment aids in supplementing the segmental share of the market. Women need various pieces of jewelry for several occasions, which is the main factor driving the demand.

On the other hand, the Men segment is also emerging globally & is presumed to raise the utmost share of the Costume Jewelry Market throughout the projected period due to the growing acceptance of men’s jewelry and the influence of celebrity culture. Thus, such factors help to augment the market growth over the predicted period.

Global Costume Jewelry Market Regional Projection

Geographically, the Global Costume Jewelry Market expands across:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

North America is the prominent region playing a leading role in the Costume Jewelry Market due to the maximum adoption of fashion jewelry & evolving retail organization. The increasing advertisement for costume jewelry & celebrity prominence raises the market share across the region. Moreover, improvements in the disposable income of individuals & expanding fashion accessories in this region also influenced the growth of costume jewelry.

Additionally, the adoption of costume jewelry has been noticeable in some developed countries such as the US, Germany, and Canada. Hence, this reflects the booming adoption of costume jewelry & might augment in the coming years.

Gain a Competitive Edge with Our Global Costume Jewelry Market Report

  • Global Costume Jewelry Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
  • This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
  • Global Costume Jewelry Industry Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

Frequently Asked Questions

   A. The Costume Jewelry Market is expected to grow at a compound annual growth rate (CAGR) of nearly 6.5% during 2023-28.

   A. The Costume Jewelry Market size was recorded to be around USD 45.8 billion in 2022.

   A. The rising fashion consciousness & high cost of fine jewelry led to the Costume Jewelry Market growth during 2023-28.

   A. Avon Products, Inc., Buckley London, Compagnie Financière Richemont SA, Randa Accessories, Stuller, Inc., Giorgio Armani S.P.A., DCK Group, Yurman Design Inc., The Colibri Group, Stern Com. & Ind. S.A., Swank Inc. and others are the top players in the Costume Jewelry Market.

   A. Necklace & Chain is the leading segment in the Costume Jewelry Market.

   A. North America dominates the Costume Jewelry Market during the 2023-28.

   A. The rising eminence of celebrity, social media, and fashion influencers to shape the Costume Jewelry Market progression throughout 2023-28.

   A. The surging manufacturers’ efforts to act as a lucrative opportunity for the Costume Jewelry Market during the forecast period.

Global Costume Jewelry Market Research Report (2023-2028) - Table of Contents

 

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  2. Market Segmentation
  3. Executive Summary
  4. Costume Jewelry Market Regulations, Norms, & Product Standards
  5. Costume Jewelry Market Trends & Developments
  6. Costume Jewelry Market Dynamics
    1. Drivers
    2. Challenges
  7. Costume Jewelry Market Imports, Exports Statistics
  8. Costume Jewelry Market Hotspots & Opportunities
  9. Costume Jewelry Market Value Chain & Stakeholder Margin Analysis
  10. Costume Jewelry Market Analysis (2018-2028F)
    1. Market Size & Analysis
      1. Market Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type
        1. Necklace & Chain
        2. Ring
        3. Bracelets
        4. Earrings
        5. Others
      2. By Distribution Channel
        1. Online stores
        2. Offline stores
      3. By End Users
        1. Women
        2. Men
      4.  By Company
        1. Revenue Shares
        2. Competition Characteristics
      5. By Region
        1. North America
        2. South America
        3. Europe
        4. The Middle East & Africa
        5. Asia-Pacific
  11. North America Costume Jewelry Market Analysis (2018-2028F)
    1. Market Size & Analysis
      1. Market Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    4. Canada Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    5. Mexico Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
  12. South America Costume Jewelry Market Analysis (2018-2028F)
    1. Market Size & Analysis
      1. Market Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
      4. By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    3. Brazil Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    4. Argentina Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
  13. Europe Costume Jewelry Market Analysis (2018-2028F)
    1. Market Size & Analysis
      1. Market Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Spain
        5. Italy
        6. Rest of Europe
    3. Germany Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    4. France Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    5. The UK Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    6. Spain Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    7. Italy Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
  14. The Middle East & Africa Costume Jewelry Market Analysis (2018-2028F)
    1. Market Size & Analysis
      1. Market Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
      4. By Country
        1. The UAE
        2. Saudi Arabia
        3. Qatar
        4. Egypt
        5. South Africa
        6. Rest of the Middle East & Africa
    3. The UAE Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    4. Saudi Arabia Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    5. Qatar Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    6. Egypt Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    7. South Africa Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
  15. Asia-Pacific Costume Jewelry Market Analysis (2018-2028F)
    1. Market Size & Analysis
      1. Market Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Rest of Asia-Pacific
    3. China Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    4. India Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    5. Japan Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    6. South Korea Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
    7. Australia Costume Jewelry Market Analysis (2018-2028F)
      1. By Type - Market Size & Forecast 2018-2028F, USD Million
      2. By Distribution Channel - Market Size & Forecast 2018-2028F, USD Million
      3. By End User- Market Size & Forecast 2018-2028F, USD Million
  16. Competitive Benchmarking & Company Profiles
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
      1. Avon Products, Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Buckley London
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Compagnie Financière Richemont SA
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4.  Randa Accessories
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. Stuller, Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Giorgio Armani S.P.A.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. DCK Group
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Yurman Design Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. The Colibri Group
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Stern Com. & Ind. S.A
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. Swank Inc.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      12. Others
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
  17. About Us & Disclaimer


Costume Jewelry Market Segmentation