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U.S. Costume jewelry market Segments Analysis By Top Key Players | Chanel S.A, Guess Inc., Gianni Versace S.p.A, Alex and Ani

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The U.S costume jewelry market is projected to reach around US$ 22.3 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.3% during the forecast period (2019-2027).

Costume jewelry is also referred to as imitation jewelry and fashion jewelry and is primarily worn as a fashion statement. It is mainly produced with inexpensive materials such as metals, glass, beads, ivory, plastic, synthetic stones, and semi-precious stones. Some of the other materials used to make costume jewelry are glass, semi-precious stones, leather, metal, terracotta, silver, and aluminum. Bangles, necklaces, earrings, rings, and anklets are some of the types of costume jewelry. Moreover, pearls and semi-precious metals are also used to make costume jewelry.

The research report studies the U.S. Costume jewelry  Market using different methodologies and analyzers to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market.

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Top Key Players in U.S. Costume jewelry  market: Chanel S.A, Guess Inc., Gianni Versace S.p.A, Alex and Ani, LLC, Pandora A/S, LVMH Moët Hennessy Louis Vuitton SE, Hermes International SA, Hennes & Mauritz Ab, ZARA ESPANA SA, and Gucci

Regional Analysis:

The market research report on the global U.S. Costume jewelry market offers complete analysis across various regions around the globe. The report contains detailed country-level analysis, market revenue, market value and forecast analysis for the following countries and regions: Geographically, the comprehensive analysis of ingestion, revenue and Market share and growth speed, historical and forecast (2021-2027) of these regions are covered.

Market Restraints 

The U.S. costume jewelry market has high intensity of brand loyal consumer that prefer well-established brands, due to this they are reluctant to switch to newer brands introducing in the market. Moreover, the U.S. costume jewelry industry is mainly dependent on imports for raw material required to produce finish products. Most of the time the import of raw materials is influenced by currency exchange rates and variation in the exchange rates affect the profit margins of players. This is expected to hamper the growth of the U.S. costume jewelry market.

Request For Sample Copy of This Premium Research U.S. Costume jewelry  Market : https://www.coherentmarketinsights.com/insight/request-sample/3711

Key Takeaways:

On the basis of product type in 2018, the earrings & finger rings segment has accounted the largest market share of 34.6% in terms of value, followed by necklaces and pendants and bracelets and bangles.

Market Trends

Evolving fashion trends coupled with the major players are introducing the innovative and trendy design of costume jewelry is expected to foster market growth. Moreover, the rising demand for costume jewelry, which is stylish but not costly is also expected to augment the market growth. Furthermore growing men accessories market such as bracelets, cufflinks, neckpieces, collar bars, etc. is further expected to boost the market growth.

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The post U.S. Costume jewelry market Segments Analysis By Top Key Players | Chanel S.A, Guess Inc., Gianni Versace S.p.A, Alex and Ani appeared first on Gatorledger.

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