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Costume Jewelry Market in India 2023-2027

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    Report

  • 125 Pages
  • April 2023
  • Region: India
  • TechNavio
  • ID: 5632877
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The costume jewelry market in India is forecast to grow by USD 639.32 million during 2022-2027, accelerating at a CAGR of 8.64% during the forecast period. This 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 the affordable pricing of costume jewelry, high prices of gold and silver jewelry, and the tradition of jewelry-making in India.

The analyst's costume jewelry market in India is segmented as below:

By Product

  • Necklaces and chains
  • Earrings
  • Rings
  • Bracelets
  • Others

By Distribution Channel

  • Offline
  • Online
This study identifies the increased demand from millennials as one of the prime reasons driving the costume jewelry market growth during the next few years. Also, increasing demand for earrings and rings and growth in online sales of jewelry will lead to sizable demand in the market.

This report on the costume jewelry market in India covers the following areas:

  • Costume jewelry market sizing
  • Costume jewelry market forecast
  • Costume jewelry market industry analysis
The analyst's 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 vendors that include Anuradha Art Jewellery, Avon Products Inc., GBL Altair Pvt. Ltd., GlobalBees Brands Pvt. Ltd., Indian Imitation Jewellery, IndieJewel Fashions Pvt. Ltd., Isharya, Kushals Fashion Jewellery, Manek Ratna, Mangalmani Jewellers, 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 Pvt. Ltd., 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 analyst 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 analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Exhibit 01: Executive Summary - Chart on Market Overview
  • Exhibit 02: Executive Summary - Data Table on Market Overview
  • Exhibit 03: Executive Summary - Chart on Country Market Characteristics
  • Exhibit 04: Executive Summary - Chart on Market Segmentation by Product
  • Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
  • Exhibit 06: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Exhibit 07: Parent market
  • Exhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition
  • Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
  • Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
  • Exhibit 11: Chart on India - Market size and forecast 2022-2027 ($ million)
  • Exhibit 12: Data Table on India - Market size and forecast 2022-2027 ($ million)
  • Exhibit 13: Chart on India: Year-over-year growth 2022-2027 (%)
  • Exhibit 14: Data Table on India: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Costume Jewelry Market in India 2017 - 2021
  • Exhibit 15: Historic Market Size - Data Table on Costume Jewelry Market in India 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
  • Exhibit 16: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 Distribution Channel Segment Analysis 2017 - 2021
  • Exhibit 17: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
  • Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
  • Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
  • Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
  • Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
  • Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
  • Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
6.1 Market segments
  • Exhibit 25: Chart on Product - Market share 2022-2027 (%)
  • Exhibit 26: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
  • Exhibit 27: Chart on Comparison by Product
  • Exhibit 28: Data Table on Comparison by Product
6.3 Necklaces and chains - Market size and forecast 2022-2027
  • Exhibit 29: Chart on Necklaces and chains - Market size and forecast 2022-2027 ($ million)
  • Exhibit 30: Data Table on Necklaces and chains - Market size and forecast 2022-2027 ($ million)
  • Exhibit 31: Chart on Necklaces and chains - Year-over-year growth 2022-2027 (%)
  • Exhibit 32: Data Table on Necklaces and chains - Year-over-year growth 2022-2027 (%)
6.4 Earrings - Market size and forecast 2022-2027
  • Exhibit 33: Chart on Earrings - Market size and forecast 2022-2027 ($ million)
  • Exhibit 34: Data Table on Earrings - Market size and forecast 2022-2027 ($ million)
  • Exhibit 35: Chart on Earrings - Year-over-year growth 2022-2027 (%)
  • Exhibit 36: Data Table on Earrings - Year-over-year growth 2022-2027 (%)
6.5 Rings - Market size and forecast 2022-2027
  • Exhibit 37: Chart on Rings - Market size and forecast 2022-2027 ($ million)
  • Exhibit 38: Data Table on Rings - Market size and forecast 2022-2027 ($ million)
  • Exhibit 39: Chart on Rings - Year-over-year growth 2022-2027 (%)
  • Exhibit 40: Data Table on Rings - Year-over-year growth 2022-2027 (%)
6.6 Bracelets - Market size and forecast 2022-2027
  • Exhibit 41: Chart on Bracelets - Market size and forecast 2022-2027 ($ million)
  • Exhibit 42: Data Table on Bracelets - Market size and forecast 2022-2027 ($ million)
  • Exhibit 43: Chart on Bracelets - Year-over-year growth 2022-2027 (%)
  • Exhibit 44: Data Table on Bracelets - Year-over-year growth 2022-2027 (%)
6.7 Others - Market size and forecast 2022-2027
  • Exhibit 45: Chart on Others - Market size and forecast 2022-2027 ($ million)
  • Exhibit 46: Data Table on Others - Market size and forecast 2022-2027 ($ million)
  • Exhibit 47: Chart on Others - Year-over-year growth 2022-2027 (%)
  • Exhibit 48: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Product
  • Exhibit 49: Market opportunity by Product ($ million)
  • Exhibit 50: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Distribution Channel
7.1 Market segments
  • Exhibit 51: Chart on Distribution Channel - Market share 2022-2027 (%)
  • Exhibit 52: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
  • Exhibit 53: Chart on Comparison by Distribution Channel
  • Exhibit 54: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2022-2027
  • Exhibit 55: Chart on Offline - Market size and forecast 2022-2027 ($ million)
  • Exhibit 56: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
  • Exhibit 57: Chart on Offline - Year-over-year growth 2022-2027 (%)
  • Exhibit 58: Data Table on Offline - Year-over-year growth 2022-2027 (%)
7.4 Online - Market size and forecast 2022-2027
  • Exhibit 59: Chart on Online - Market size and forecast 2022-2027 ($ million)
  • Exhibit 60: Data Table on Online - Market size and forecast 2022-2027 ($ million)
  • Exhibit 61: Chart on Online - Year-over-year growth 2022-2027 (%)
  • Exhibit 62: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
  • Exhibit 63: Market opportunity by Distribution Channel ($ million)
  • Exhibit 64: Data Table on Market opportunity by Distribution Channel ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
  • Exhibit 66: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
  • Exhibit 67: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
  • Exhibit 68: Overview on factors of disruption
10.4 Industry risks
  • Exhibit 69: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
  • Exhibit 70: Vendors covered
11.2 Market positioning of vendors
  • Exhibit 71: Matrix on vendor position and classification
11.3 Anuradha Art Jewellery
  • Exhibit 72: Anuradha Art Jewellery - Overview
  • Exhibit 73: Anuradha Art Jewellery - Product / Service
  • Exhibit 74: Anuradha Art Jewellery - Key offerings
11.4 Avon Products Inc.
  • Exhibit 75: Avon Products Inc. - Overview
  • Exhibit 76: Avon Products Inc. - Product / Service
  • Exhibit 77: Avon Products Inc. - Key offerings
11.5 GBL Altair Pvt. Ltd.
  • Exhibit 78: GBL Altair Pvt. Ltd. - Overview
  • Exhibit 79: GBL Altair Pvt. Ltd. - Product / Service
  • Exhibit 80: GBL Altair Pvt. Ltd. - Key offerings
11.6 GlobalBees Brands Pvt. Ltd.
  • Exhibit 81: GlobalBees Brands Pvt. Ltd. - Overview
  • Exhibit 82: GlobalBees Brands Pvt. Ltd. - Product / Service
  • Exhibit 83: GlobalBees Brands Pvt. Ltd. - Key offerings
11.7 IndieJewel Fashions Pvt. Ltd.
  • Exhibit 84: IndieJewel Fashions Pvt. Ltd. - Overview
  • Exhibit 85: IndieJewel Fashions Pvt. Ltd. - Product / Service
  • Exhibit 86: IndieJewel Fashions Pvt. Ltd. - Key offerings
11.8 Isharya
  • Exhibit 87: Isharya - Overview
  • Exhibit 88: Isharya - Product / Service
  • Exhibit 89: Isharya - Key offerings
11.9 Kushals Fashion Jewellery
  • Exhibit 90: Kushals Fashion Jewellery - Overview
  • Exhibit 91: Kushals Fashion Jewellery - Product / Service
  • Exhibit 92: Kushals Fashion Jewellery - Key offerings
11.10 Manek Ratna
  • Exhibit 93: Manek Ratna - Overview
  • Exhibit 94: Manek Ratna - Product / Service
  • Exhibit 95: Manek Ratna - Key offerings
11.11 Nykaa Fashion Pvt. Ltd.
  • Exhibit 96: Nykaa Fashion Pvt. Ltd. - Overview
  • Exhibit 97: Nykaa Fashion Pvt. Ltd. - Product / Service
  • Exhibit 98: Nykaa Fashion Pvt. Ltd. - Key offerings
11.12 Romoch
  • Exhibit 99: Romoch - Overview
  • Exhibit 100: Romoch - Product / Service
  • Exhibit 101: Romoch - Key offerings
11.13 Rubans Accessories
  • Exhibit 102: Rubans Accessories - Overview
  • Exhibit 103: Rubans Accessories - Product / Service
  • Exhibit 104: Rubans Accessories - Key offerings
11.14 Sia Jewels Pvt. Ltd.
  • Exhibit 105: Sia Jewels Pvt. Ltd. - Overview
  • Exhibit 106: Sia Jewels Pvt. Ltd. - Product / Service
  • Exhibit 107: Sia Jewels Pvt. Ltd. - Key offerings
11.15 Sukkhi Online Pvt. Ltd.
  • Exhibit 108: Sukkhi Online Pvt. Ltd. - Overview
  • Exhibit 109: Sukkhi Online Pvt. Ltd. - Product / Service
  • Exhibit 110: Sukkhi Online Pvt. Ltd. - Key offerings
11.16 TBA Jewels Pvt. Ltd.
  • Exhibit 111: TBA Jewels Pvt. Ltd. - Overview
  • Exhibit 112: TBA Jewels Pvt. Ltd. - Product / Service
  • Exhibit 113: TBA Jewels Pvt. Ltd. - Key offerings
11.17 YouBella Jewellery and Lifestyle
  • Exhibit 114: YouBella Jewellery and Lifestyle - Overview
  • Exhibit 115: YouBella Jewellery and Lifestyle - Product / Service
  • Exhibit 116: YouBella Jewellery and Lifestyle - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
  • Exhibit 117: Inclusions checklist
  • Exhibit 118: Exclusions checklist
12.3 Currency conversion rates for US$
  • Exhibit 119: Currency conversion rates for US$
12.4 Research methodology
  • Exhibit 120: Research methodology
  • Exhibit 121: Validation techniques employed for market sizing
  • Exhibit 122: Information sources
12.5 List of abbreviations
  • Exhibit 123: List of abbreviations

Executive Summary

The analyst recognizes the following companies as the key players in the costume jewelry market in India: Anuradha Art Jewellery, Avon Products Inc., GBL Altair Pvt. Ltd., GlobalBees Brands Pvt. Ltd., Indian Imitation Jewellery, IndieJewel Fashions Pvt. Ltd., Isharya, Kushals Fashion Jewellery, Manek Ratna, Mangalmani Jewellers, 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 Pvt. Ltd., YouBella Jewellery and Lifestyle, and Zariin.

Commenting on the report, one of the analysts from the research team said: "The latest trend gaining momentum in the market is increased demand from millennials."

According to the report, one of the major drivers for this market is the affordable pricing of costume jewelry.

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 a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Anuradha Art Jewellery
  • Avon Products Inc.
  • GBL Altair Pvt. Ltd.
  • GlobalBees Brands Pvt. Ltd.
  • Indian Imitation Jewellery
  • IndieJewel Fashions Pvt. Ltd.
  • Isharya
  • Kushals Fashion Jewellery
  • Manek Ratna
  • Mangalmani Jewellers
  • 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 Pvt. Ltd.
  • YouBella Jewellery and Lifestyle
  • Zariin