The U.S. costume jewelry market features a wide variety of trendy fashion accessories made from non-precious materials like glass, plastic, metal, and synthetic stones. Costume jewelry pieces are affordable alternatives to real gold and gemstone jewelry that allow consumers to stay up with the latest styles at lower price points. Bracelets, necklaces, earrings, and rings dominate the product landscape, coming in diverse designs, materials, and colors to complement different fashion tastes and wardrobes. The growing popularity of casual dressing in America has amplified demand for versatile, everyday costume jewelry that can easily dress up or down different outfits.
The U.S. costume jewelry market is estimated to be valued at US$ 20.89 Mn in 2024 and is expected to exhibit a CAGR of 5.9% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the U.S. costume jewelry market are Coty UK, Procter & Gamble, Prestige Beaut, L’Oreal, LVMH, Givaudan, International Flavors & Fragrances, Estee Lauder, Beautiful, and Kilian. These companies offer a wide variety of fashion-forward costume jewelry lines targeting consumers of all demographics and incomes.
The U.S. Costume Jewelry Market Demand in the United States is witnessing growing demand fueled by increasing fashion consciousness among the population. Costume jewelry provides consumers with affordable options to experiment with different styles, colors and looks. Additionally, rising popularity of social media platforms where people showcase their unique outfits has further popularized the trend of costume jewelry.
Strong global expansion is being observed by leading costume jewelry brands as they target new international markets for growth. Several American brands are leveraging e-commerce to penetrate the growing online costume jewelry market globally. This is helping drive the overall market size and realize untapped foreign potential over the forecast period.
Get More Insights On, U.S. Costume Jewelry Market