Costume Jewelry Market Projected To Grow At USD 39.2 Billion By 2025 : Grand View Research Inc.
San Francisco, 9 October 2019: The Report Costume Jewelry Market Size, Share & Trends Analysis Report By Type (Ring, Earring), By End User (Men, Women), By Distribution Channel (Online Stores, Offline Stores), And Segment Forecasts, 2019 – 2025 The global costume jewelry market size is expected to reach USD 39.2 billion by 2025, expanding at a CAGR of 6.5% in the forecast period, according to a new report by Grand View Research, Inc. Growing fashion consciousness, increasing number of working women, and rising disposable income are some of the factors for the market growth. On the basis of type, the ring segment dominated the market with a share of 33.6% in 2018. Wide variety, application, and low cost of the product as compared to other product types is likely to fuel the segment growth in the forecast period. Earrings are expected to register a CAGR of 6.9% in the forecast period. Trend of changing the product on a daily basis among working women has led to the require