Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

U.S. Costume Jewelry Market 2017–2027

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. These products give an extremely impressive look and appearance to the person and are also cheaper than jewelry made from expensive materials such as gold and diamond.

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).

Drivers

A rising sense of fashion among the population of the U.S. is primarily fueling the market growth of costume jewelry. Changing dressing sense coupled with the evolving fashion trend is another major factor expected to foster the market growth of costume jewelry. Growing consumer preferences of costume jewelry as they are an inexpensive and available wide variety that easily get a match with the costume is further projected to propel the market growth.

An emerging online platform that offers a wide variety of costume jewelry and also covers international patterns is expected to augment the market growth of costume jewelry. Moreover, online stores offer jewelry at affordable price along with the other attractive offers and discounts is further anticipated to fuel market growth. All these factors are expected to fuel the market growth of the costume jewelry over the forecast period.

Figure 1. U.S Costume Jewelry Market, Revenue Share (%), By Product Type, in 2018

U.S. Costume Jewelry  | Coherent Market Insights

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

Market Restraints

Increasing prices of raw materials such as silver, gold, and platinum, which are mainly used for plating purposes is projected to negatively impact the growth of the U.S. costume jewelry market over the forecast period. Moreover, lack of supply chain of raw materials infrastructure which leads to steep hikes in raw material prices is further expected to hamper the market growth of U.S. costume jewelry.

The U.S. costume jewelry market is highly competitive due to the presence of a high number of global and local producers. Additionally, various luxury and clothing brands are also penetrating into this market in order to utilize potential benefits such as high profits, and quick return on investment which is increasing competition in the market. This is expected to hamper the market growth.

Market Opportunities

Many manufacturers are targeting kids segments for gaining a competitive edge in the market and this will favor the market growth over the forecast period. Zales The Diamond Store unveils exclusive new Enchanted Disney Fine Jewelry designs. The new jewelry collection is an important addition to the existing Zales Enchanted Disney Fine Jewelry collection, and features >

Growing middle-class people in the U.S. country is anticipated to fuel the market growth of costume jewelry. Growing middle class people and rising disposable income are increasing the purchasing power of the people. Moreover growing focus of manufacturer to lunch affordable costume jewelry is another major factor propelling the growth of the U.S jewelry costume market.

Figure 2. U.S Costume Jewelry Market– Opportunity Analysis

U.S. Costume Jewelry  | Coherent Market Insights

Market Trends

Growing demand for branded products due to evolving social media platforms is expected to fuel the market growth in the U.S country. Major players such as Hermes and Louis Vuitton are popular for their premium quality costume jewelry because they spend a substantial amount of money on advertisements and brands online as well as other channels for creating high visibility. Therefore, increasing branded product visibility is creating demand for the branded product and this is expected to propel the market growth.

The growing popularity of pop-up stores at locations such as malls or airports etc. is projected to accelerate the market growth. This format is gaining popularity in the U.S., and various companies are also following this trend. For instance, in December 2016, David Yuman opened a pop-up store in Printemps Haussman, France, in order to expand customer base during the Christmas season

Figure 3. U.S Costume Jewelry Market – Value Chain Analysis

U.S. Costume Jewelry  | Coherent Market Insights

Competitive Section:

Key players operating in U.S. costume jewelry market are 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

Few Recent Developments1. Chanel S.A.

Key Developments:

  • In January 2017, the company participated in Spring/Summer 2017 show at Paris, France in order to showcase its costume jewelry and expand its customer base
  • In December 2016, the company opened a new Chanel boutique in the Hotel Camelot de Bisexual at le Marais, Paris in order to expand its presence in the domestic market

Costume jewelry is produced from inexpensive materials and is also known as fashion jewelry, trinkets, imitation jewelry, fake jewelry, and junk jewelry. It is primarily produced from inexpensive materials such as metals, beads, synthetic stones, glass, ivory, plastic, and colored stone jewelry. 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.

 Market Dynamics

The U.S. costume jewelry witnessed significant growth in recent past years, the increasing demand for such products due to the increasing prices of gold, silver, and diamond. Based on the product type, the U.S. costume jewelry market is bifurcated into the bracelets and bangles, earrings & finger rings, necklaces & pendants, anklets & toe rings, brooch, and others. Among these segments, the earrings & finger rings segment dominated the U.S. costume jewelry market in 2018, owing to the demand for earrings & finger rings among female consumers for daily use. This factor is estimated to drive growth of the U.S. costume jewelry market during the forecast period. 

On the basis of distribution channel, the U.S. costume jewelry market is bifurcated into the mono-brand stores, multi-brand boutiques, online retailing, and others. Among these segments, the multi-brand boutiques segment dominated the U.S. costume jewelry market in 2018, owing to the easy availability of such branded products in the multi-branded boutiques. This factor is estimated to drive growth of the U.S. costume jewelry market during the forecast timeframe.

Key features of the study:

  • This report provides in-depth analysis of the U.S. costume jewelry market, market size (US$ Billion), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019–2027).
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, costume jewelry products, and competitive strategy adopted by the leading players.
  • Key companies covered as a part of this study includes 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
  • It profiles leading players in the U.S. costume jewelry market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
  • The U.S. costume jewelry market report caters to various stakeholders in this industry, including investors, product developers, distributors, costume jewelry product companies, research institutes, new entrants, and financial analysts.
  • Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the U.S. costume jewelry market.

Market Taxonomy

  • U.S. Costume Jewelry Market, By Product Type:
    • Bracelets and Bangles
    • Earrings and Finger Rings
    • Necklaces and Pendants
    • Anklets and Toe Rings
    • Brooch
    • Others
  • U.S. Costume Jewelry Market, By Distribution Channel:
    • Mono-brand Stores
    • Multi-brand Boutiques
    • Online Retailing
    • Others
  • U.S. Costume Jewelry Market, By Price Range:
    • Low US$ 50-150
    • Medium US$ 150-220
    • High US$ 220 and above
  • Company Profiles
    • Chanel S.A *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
      • Future Plans
    • 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
    • Gucci

 “*” marked represents similar segmentation in other categories in the respective section

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Price Range
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. U.S. Costume Jewelry Market, By Product Type, 2017 - 2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Bracelets and Bangles
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
    • Earrings and Finger Rings
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
    • Necklaces and Pendants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
    • Anklets and Toe Rings
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
    • Brooch
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
  5. U.S. Costume Jewelry Market, By Distribution Channel, 2017 - 2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Mono-brand Stores
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
    • Multi-brand Boutiques
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
    • Online Retailing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
  6. U.S. Costume Jewelry Market, By Price Range, 2017 - 2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Low US$ 50-150
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
    • Medium US$ 150-220
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
    • High US$ 220 and above
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Billion)
  7. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Chanel S.A
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Guess Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Gianni Versace S.p.A
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Alex and Ani, LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Pandora A/s
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • LVMH Moët Hennessy Louis Vuitton SE
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Hermes International SA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Hennes & Mauritz Ab
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • ZARA ESPANA SA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Gucci
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "U.S. Costume Jewelry Market” –forecast to 2027

Frequently Asked Questions

The increasing demand for the costume jewelry among young youth and corporate peoples.
Earrings & finger rings segment dominates the U.S. costume jewelry market
The U.S. costume jewelry market has been segmented by product type, by distribution channel and by price range.
Key players operating in U.S. costume jewelry market are 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
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