Costume Jewelry

Global Costume Jewelry Market to Reach US$81.9 Billion by 2030

The global market for Costume Jewelry estimated at US$51.2 Billion in the year 2024, is expected to reach US$81.9 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2024-2030. Rings, one of the segments analyzed in the report, is expected to record a 9.6% CAGR and reach US$26.7 Billion by the end of the analysis period. Growth in the Earrings segment is estimated at 7.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$13.3 Billion While China is Forecast to Grow at 11.8% CAGR

The Costume Jewelry market in the U.S. is estimated at US$13.3 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$19.9 Billion by the year 2030 trailing a CAGR of 11.8% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.5% and 7.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Global Costume Jewelry Market - Key Trends and Drivers Summarized

Costume jewelry, also known as fashion jewelry, offers a fashionable and affordable alternative to fine jewelry. Made from non-precious materials like base metals, glass, and plastic, it provides endless styles and designs, allowing individuals to accessorize their outfits with a touch of glamour without a significant financial investment. Unlike fine jewelry, which focuses on precious metals and gemstones, costume jewelry emphasizes design and fashion trends, making it an ideal choice for those who want to stay stylish without spending much. The costume jewelry market is thriving due to its appeal to younger generations, driven by affordability, variety, and the influence of social media. The younger demographics are drawn to costume jewelry for its affordability, variety, and fashion-forward designs. Unlike fine jewelry, costume jewelry offers the flexibility to experiment with different styles without a substantial financial commitment. This appeal is further amplified by the influence of social media and fashion influencers who frequently showcase costume jewelry in their posts, making it a trendy and accessible option. As a result, the demand for costume jewelry has surged, with these consumers looking for pieces that reflect their personal style and the latest fashion trends.

Technological advancements and innovation in design are also key drivers of growth in the costume jewelry market. Advances in materials and manufacturing processes, such as the use of high-quality alloys, plastics, and synthetic stones, have improved the durability and appearance of costume jewelry. One significant innovation is the adoption of 3D printing technology. This method offers numerous advantages, such as reduced production time and labor costs, and eliminates the possibility of human error. Jewelry designers can now create intricate and complex designs that would be challenging or expensive to produce traditionally. Additionally, customization and personalization trends are gaining momentum, with consumers seeking unique pieces tailored to their tastes. Brands are leveraging technology to offer customizable options, allowing customers to personalize their jewelry with specific colors, charms, or engravings. This trend not only enhances the customer experience but also boosts brand loyalty and differentiation in a competitive market.

The expansion of e-commerce and the strategic use of digital marketing are transforming the costume jewelry industry. Online retail platforms provide consumers with convenient access to a vast array of jewelry options, often at competitive prices. This shift towards online shopping is particularly attractive to tech-savvy younger consumers who prefer the ease of browsing and purchasing jewelry from their devices. Furthermore, digital marketing strategies, including social media advertising, influencer collaborations, and targeted promotions, are effectively reaching a wider audience and driving sales. These digital channels enable brands to engage with consumers directly, create personalized marketing campaigns, and respond swiftly to changing fashion trends, thereby sustaining market growth.

SCOPE OF STUDY:

The report analyzes the Costume Jewelry market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (Rings, Earrings, Necklaces / Chains, Bracelets, Other Product Types); Gender (Women, Men); Distribution Channel (Offline, Online)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 64 Featured) -

• Avon Products Inc.
• BaubleBar
• Chanel SA
• Gianni Versace S.p.A
• Giorgio Armani S.p.A.
• GUESS, Inc.
• H & M Hennes & Mauritz AB
• Halcyon Days
• K&M Accessories
• PANDORA A/S
• PRADA
• Roman Research, Inc.
• Swarovski Group
• Zara

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.