Costume Jewelry Market - Global Industry Analysis and Forecast
to 2020
Persistence Market Research
Costume Jewelry Market - Global Industry
Analysis and Forecast to 2020
Persistence Market Research
1
Costume Jewelry Market - Global Industry Analysis and Forecast
to 2020
Persistence Market Research Released New Market Report on “Costume Jewelry Market Global Industry Analysis and Forecast to 2020”.
Costume jewelry (also known as fashion jewellery, trinkets, junk jewelry, fake jewelry and
fallalery) is a jewelry made of less valuable materials as compared with valuable materials such
as gold, diamond, platinum and other precious metals and gem. The raw material used for these
jewelleries include base metals, glass, plastic, synthetic stones, semi-precious stones, beads,
ivory, lac, leather, terracotta, pearl and metals such as silver, aluminum and brass. On the basis
of products, the costume jewelry industry is broadly categorized as bracelets, brooch, earrings,
necklaces, chokers, bangles, finger rings, toe rings, anklets and pendants.
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The costume Jewelry industry operates as a true global industry as the raw materials are mostly
sourced from Australia, Africa, Russia and Canada, manufacturing takes place in China, India,
Italy and Turkey whereas the largest markets is North America, followed by Europe.
The developing economies such as BRIC (Brazil, Russia, India and China) are the fasted
growing market with double digit growth rates. Asia Pacific is the largest producer of costume
jewelry and expected to take over North America in terms of consumption in the coming years.
High growth rate in Asia Pacific region is attributed to the rising income of the consumers in
these countries. Further, with the massive urbanization and westernization taking place, the
consumers are now becoming more...