Costume Jewelry Market - Pmr Market Insight Report 2014 to 2020

Costume Jewelry Market - PMR Market Insight Report 2014 to 2020

Persistence Market Research

Costume Jewelry Market - PMR Market Insight

Report 2014 to 2020

Persistence Market Research

1

Costume Jewelry Market - PMR Market Insight Report 2014 to 2020

Persistence Market Research Released New Market Report on “Costume Jewelry

Market - PMR Market Insight Report 2014 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.

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.

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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 fashionable and trendy. Moreover large population of young

consumers (average age is 29 year and 37 year respectively for...