Costume Fashion Jewelry Market Report 2024 (Global Edition)

Global Costume Fashion Jewelry Market Report 2024 Market Size Split by Type Outlook: (Necklaces, Earrings, Rings, Bracelets, Others), by Material Outlook: (Metal, Plastic, Acrylic, Gemstones), by Dist...

Costume Fashion Jewelry Market Report Description

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Costume Fashion Jewelry Market Insights Video

Competitive Landscape of the Costume Fashion Jewelry Market

The competitive landscape of the costume fashion jewelry market is characterized by a large number of players, ranging from established brands to emerging designers. Companies compete based on factors such as product design, affordability, quality, and the ability to keep up with fast-changing fashion trends. The rise of e-commerce and social media influencers has intensified competition, with brands leveraging digital marketing and personalized offerings to attract consumers.

In October 2024, The Kaftan Company (TKC) expanded its product portfolio by launching the handcrafted jewelry collection, "Beady Bauble." The collection, which included necklaces, jhumkas, cowrie shells, and fabric earrings, aimed to enter the fashion jewelry segment. TKC expressed excitement about offering a jewelry line that complemented their kaftans, blending traditional motifs with contemporary style. (Source: https://in.fashionnetwork.com/news/The-kaftan-company-expands-portfolio-with-launch-of-jewellery-line-beady-bauble,1669806.html) In May 2024, LOEWE unveiled an exclusive jewelry collection in collaboration with renowned American sculptor Lynda Benglis at the Spring/Summer 2024 women’s fashion runway in Paris. The collection featured 20 designs inspired by Benglis’s artistic techniques, such as knotted, draped, and corrugated forms, and was crafted from materials like 18-carat gold, silver, and crystal. The pieces combined art with craftsmanship. (Source: https://www.lofficielsingapore.com/fashion/loewe-jewellery-collaboration-lynda-benglis-fashion-news)

Top Companies Market Share in Costume Fashion Jewelry Industry: (In no particular order of Rank)

• Louis Vuitton Malletier SAS
• CARTIER
• Sabika
• Yanbal
• Richline Group
• Inc.
• STELLA & DOT
• Lulu Ave
• Silpada
• American Exchange Group
• DCK Group
• Giorgio Armani S.p.A.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Costume Fashion Jewelry Market

Which Region Dominates the Costume Fashion Jewelry Market in 2024?

According to Cognitive Market Research, North America currently dominates the costume fashion jewelry market, and the region is expected to have significant growth during the projected period. The region's robust retail infrastructure, coupled with the growing influence of social media and e-commerce platforms, further strengthens its position in the global market for costume fashion jewelry.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The demand for affordable yet trendy accessories is expanding rapidly, with online platforms and social media influencers playing a key role in shaping consumer preferences and boosting market growth.

The current report Scope analyzes Costume Fashion Jewelry Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Costume Fashion Jewelry

According to Cognitive Market Research, the global Costume Fashion Jewelry market size was estimated at USD 29654.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 11861.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Costume Fashion Jewelry market with a market size of USD 9358.96 million in 2024 and is projected to grow at a CAGR of 5.9% during the forecast period. The US holds a major share in the costume fashion jewelry market due to high consumer spending on accessories.
• The Canada Costume Fashion Jewelry market had a market share of USD 1423.42 million in 2024 and is projected to grow at a CAGR of 6.9% during the forecast period. The costume fashion jewelry market in Canada is growing due to increasing fashion-conscious consumers and demand for affordable accessories.
• The Mexico Costume Fashion Jewelry market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 1079.42 million in 2024.

Europe Costume Fashion Jewelry

According to Cognitive Market Research, the global Costume Fashion Jewelry market size was estimated at USD 29654.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 8896.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.

• The United Kingdom Costume Fashion Jewelry market had a market share of USD 1494.59 million in 2024 and is projected to grow at a CAGR of 7.2% during the forecast period. The UK is leading the costume fashion jewelry market with a high demand for trendy and affordable accessories.
• The France Costume Fashion Jewelry market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 818.46 million in 2024.
• According to Cognitive Market Research, the German Costume Fashion Jewelry market size was valued at USD 1761.48 million in 2024 and is projected to grow at a CAGR of 6.6% during the forecast period. Germany's costume fashion jewelry market is experiencing growth due to increasing consumer interest in affordable, stylish, and diverse accessories.
• The Italy Costume Fashion Jewelry market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 765.09 million in 2024.
• The Russia Costume Fashion Jewelry market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 1378.93 million in 2024.
• The Spain Costume Fashion Jewelry market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD 729.50 million in 2024
• The Luxembourg Costume Fashion Jewelry market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 275.79 million in 2024.
• The Portugal Costume Fashion Jewelry market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 186.82 million in 2024.
• The Greece Costume Fashion Jewelry market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 106.76 million in 2024.
• The Rest of Europe's Costume Fashion Jewelry market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 1378.93 million in 2024.

Asia Pacific Costume Fashion Jewelry

According to Cognitive Market Research, the global Costume Fashion Jewelry market size was estimated at USD 29654.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 6820.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.

• According to Cognitive Market Research, the China Costume Fashion Jewelry market size was valued at USD 3069.24 million in 2024 and is projected to grow at a CAGR of 9.4% during the forecast period. China is the largest market for costume fashion jewelry due to growing consumer demand for trendy and affordable accessories.
• The Japan Costume Fashion Jewelry market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 941.23 million in 2024.
• The India Costume Fashion Jewelry market had a market share of USD 818.46 million in 2024 and is projected to grow at a CAGR of 11.7% during the forecast period. India's costume fashion jewelry market is experiencing rapid growth due to increasing demand for trendy and affordable accessories.
• The South Korean Costume Fashion Jewelry market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 682.05 million in 2024.
• The Australian Costume Fashion Jewelry market is projected to witness growth at a CAGR of 9.6% during the forecast period, with a market size of USD 354.67 million in 2024.
• The South East Asia Costume Fashion Jewelry market is projected to witness growth at a CAGR of 10.9% during the forecast period, with a market size of USD 470.62 million in 2024.
• The Rest of Asia Pacific Costume Fashion Jewelry market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 484.26 million in 2024.

South America Costume Fashion Jewelry

According to Cognitive Market Research, the global Costume Fashion Jewelry market size was estimated at USD 29654.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 1482.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Costume Fashion Jewelry market size was valued at USD 634.61 million in 2024 and is projected to grow at a CAGR of 7.9% during the forecast period. Brazil dominates the costume fashion jewelry market due to the high demand for affordable, stylish accessories among diverse consumer segments.
• Argentina's Costume Fashion Jewelry market had a market share of USD 249.10 million in 2024 and is projected to grow at a CAGR of 8.2% during the forecast period. A rising interest in affordable, stylish, and unique accessories fuels Argentina's growing demand for costume fashion jewelry.
• Colombia Costume Fashion Jewelry market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 131.96 million in 2024.
• Peru Costume Fashion Jewelry market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 121.58 million in 2024.
• Chile Costume Fashion Jewelry market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 106.76 million in 2024.
• The Rest of Latin America's Costume Fashion Jewelry market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 238.72 million in 2024.

Middle East and Africa Costume Fashion Jewelry

According to Cognitive Market Research, the global Costume Fashion Jewelry market size was estimated at USD 29654.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 593.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031..

• The GCC Countries Costume Fashion Jewelry market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 253.84 million in 2024. GCC countries control the costume fashion jewelry market due to high disposable incomes and strong demand for luxury accessories.
• The Egypt Costume Fashion Jewelry market is projected to witness growth at a CAGR of 7.9% during the forecast period, with a market size of USD 62.27 million in 2024.
• The South Africa Costume Fashion Jewelry market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 93.71 million in 2024. South Africa's rising sales in the costume fashion jewelry market are fueled by increased demand for trendy, affordable accessories.
• The Turkey Costume Fashion Jewelry market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 51.01 million in 2024.
• The Nigeria Costume Fashion Jewelry market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 62.27 million in 2024.
• The Rest of the MEA Costume Fashion Jewelry market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 69.98 million in 2024.

Costume Fashion Jewelry Market Analysis

How are Segments Performing in the Global Costume Fashion Jewelry Market?

Costume Fashion Jewelry Market Type Segment Analysis

According to Cognitive Market Research, necklaces hold a major share of the costume fashion jewelry market due to their versatility and wide appeal among consumers. They are available in various styles, from chokers to long chains, and are often used to complement different outfits. The popularity of necklaces is further supported by their presence in fashion trends and their ability to be customized for personal expression, making them a staple accessory.

Earrings are the fastest-growing segment in the costume fashion jewelry market due to increasing consumer preference for diverse styles and affordable options. The variety of designs available, ranging from bold statement pieces to subtle everyday wear, caters to a broad audience. Additionally, the rise of online platforms and social media influencers has heightened visibility and demand for earrings, further boosting their popularity in the fashion jewelry market.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Costume Fashion Jewelry Industry. Request a Free Sample PDF!

Costume Fashion Jewelry Market Material Segment Analysis

According to Cognitive Market Research, metal holds a significant share in the costume fashion jewelry market due to its durability, versatility, and wide range of design possibilities. Popular metals such as stainless steel, brass, and alloy are frequently used to produce affordable yet stylish pieces. These metals allow for intricate detailing and are often preferred for creating bold and trendy designs. Additionally, metal jewelry is favored for its long-lasting nature and ability to cater to diverse consumer preferences.

Acrylic is the fastest-growing material in the costume fashion jewelry market due to its affordability, versatility, and wide range of design possibilities. Lightweight and durable acrylic jewelry offers consumers an attractive alternative to traditional metal pieces. It can be easily molded into various shapes and colors, making it highly popular among designers. Additionally, its vibrant hues and unique textures appeal to fashion-conscious individuals seeking bold and affordable accessories.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Costume Fashion Jewelry Distribution Channel Outlook: Segment Analysis

Costume Fashion Jewelry Market Distribution Channel Segment Analysis

According to Cognitive Market Research, retail stores have a prominent share in the costume fashion jewelry market as they offer consumers the opportunity to browse and try on accessories in person. With an increasing number of brick-and-mortar stores catering to affordable and trendy jewelry options, these physical locations remain a key sales channel. Additionally, retail stores allow for a more personalized shopping experience, which attracts a wide range of customers looking for unique pieces.

Online channels are the fastest-growing segment in the costume fashion jewelry market as consumers increasingly prefer the convenience and variety of shopping from home. E-commerce platforms offer a wide range of affordable and trendy accessories with the advantage of easy price comparisons and home delivery. Social media and influencer marketing further boost online sales by exposing consumers to new styles and designs. This trend reflects the growing shift towards digital retail in the jewelry market.

• Specialty Stores
• Retail Stores
• Online Channels

Costume Fashion Jewelry End User Outlook: Segment Analysis

Costume Fashion Jewelry Market End User Segment Analysis

According to Cognitive Market Research, women dominate the share of the costume fashion jewelry market due to their strong preference for a wide variety of styles and designs. Fashion-conscious female consumers are more likely to invest in trendy and affordable accessories to complement their outfits. Additionally, women are more likely to purchase jewelry for personal expression and gift-giving. The demand for personalized and unique pieces also drives the high market share among female consumers.

The men's costume fashion jewelry market is one of the fastest growing segments as more men seek stylish and affordable accessories to complement their fashion choices. This growth is influenced by a shift towards greater acceptance of jewelry in men's fashion. The increasing popularity of statement pieces such as bracelets, rings, and necklaces is contributing to the market's expansion. Social media trends and celebrity influences also play a significant role in shaping consumer preferences.

• Men
• Women

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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