Costume Jewelry Market In India 2024-2028
The costume jewelry market in India is forecasted to grow by USD 904.34 mn during 2023-2028, accelerating at a CAGR of 10.02% during the forecast period. The report on the costume jewelry market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by affordable pricing of costume jewelry, rise of fast fashion in jewelry, and tradition of jewelry-making in India.
Technavio's costume jewelry market in India is segmented as below:
By Product
- Necklaces and chains
- Earrings
- Rings
- Bracelets
- Anklets and others
By End-user
By Distribution Channel
This study identifies the increased demand from millennials as one of the prime reasons driving the costume jewelry market in India growth during the next few years. Also, high demand for customized costume jewelry and growth in online sales of jewelry will lead to sizable demand in the market.
The report on the costume jewelry market in India covers the following areas:
- Costume jewelry market in India sizing
- Costume jewelry market in India forecast
- Costume jewelry market in India industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading costume jewelry market in India vendors that include Anuradha Art Jewellery, Drip Project, GBL Altair Pvt. Ltd., GIVA Jewellery, Indian Imitation Jewellery, Isharya, Kushals Retail Pvt Ltd., Manek Ratna, Mangalmani Jewellers, Natura and Co Holding SA, Nykaa Fashion Pvt. Ltd., Padmavati Jewellery, ROMOCH, Rubans Accessories, Sia Jewels Pvt. Ltd., Sukkhi Online Pvt. Ltd., TBA Jewels Pvt. Ltd., Violet and Purple Designer Fashion Jewellery, YouBella Jewellery and Lifestyle, and Zariin. Also, the costume jewelry market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.