The U.S. costume jewelry market comprises affordable fashion jewelry made from materials like glass, plastic, precious and semi-precious gems, Swarovski crystals, etc. Costume jewelry provides women affordable options to keep up with constantly changing fashion trends at lower costs compared to fine jewelry. Costume jewelry products such as necklaces, bracelets, earrings, rings are extensively adopted across diverse age groups ranging from teenagers to working professionals and elders due to their affordable prices and wide variety of styles.

The U.S. costume jewelry market is estimated to be valued at US$ 19.3 Bn in 2024 and is expected to exhibit a CAGR of 6.4% over the forecast period 2024 To 2031.

Key Takeaways
Key players operating in the U.S. costume jewelry are Coty UK, Procter & Gamble Prestige BeautL’Oreal, LVMH, Givaudan, International Flavors & Fragrances, Estee Lauder Beautiful, Kilian, Firmenich, Symrise.

The key opportunities in the U.S. Costume Jewelry Market Trends include rising demand for fashionable and affordable jewelry from millennials, increasing online sales, and key innovative technologies like 3D printing enabling custom and personalized designs.

Emerging technologies such as 3D printing are enabling costume jewelry manufacturers to create customized and personalized designs at affordable costs which was not possible before through conventional manufacturing processes. 3D printing is expected to revolutionize the costume jewelry industry by enabling on-demand manufacturing.

Market drivers
The primary driver for the U.S. costume jewelry market Size And Trends is the rising spending power of millennials on fashion accessories. Millennials consider fashion and styling as an important way of self-expression and are major consumers of affordable costume jewelry products. Additionally, the expansion of online retail channels is democratizing fashion and enabling consumers to easily access a vast variety of low-cost costume jewelry designs from the comfort of their homes which is fueling the market growth.

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