Demi-Fine Jewelry For Women Sales Market Size, Share, Trends, Growth and Forecast 2030

Demi-Fine Jewelry For Women Sales Industry Prospective:

The global demi-fine jewelry for women sales market size was evaluated at $2310 million in 2022 and is slated to hit $3240 million by the end of 2030 with a CAGR of nearly 4.35% between 2023 and 2030.

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Demi-Fine Jewelry For Women Sales Market: Overview

Demi-fine jewelry is a term used by jewelry-selling firms to describe affordable & premium quality jewelry for women that falls in the range of cost-effective costume jewelry and costly fine jewelry for women. Furthermore, the cost-efficiency of the product along with the use of high-quality materials for manufacturing the product makes it the most attractive product for women. Apart from this, the variety of demi-fine jewelry available for women along with their uniqueness has helped it gain immense popularity among the female population.

Key Insights

• As per the analysis shared by our research analyst, the global demi-fine jewelry for women sales market is projected to expand annually at the annual growth rate of around 4.35% over the forecast timespan (2023-2030)
• In terms of revenue, the global demi-fine jewelry for women sales market size was evaluated at nearly $2310 million in 2022 and is expected to reach $3240 million by 2030.
• The global demi-fine jewelry for women sales market is anticipated to record massive growth over the forecast period owing to the growing shift of customers towards customized as well as personalized jewelry.
• In terms of application, the below 150 USD segment is slated to register the fastest CAGR over the analysis period.
• Based on the distribution channel, the offline segment is predicted to lead the segmental surge over the forecast timeline.
• Region-wise, the Asia-Pacific demi-fine jewelry for women sales market is projected to register the highest CAGR during the assessment timeline.

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Demi-Fine Jewelry For Women Sales Market: Growth Factors

An increase in the number of working women can boost the global market trends

An increase in the number of working women population along with their demand for premium products will steer the expansion of the demi-fine jewelry for women sales market across the globe. A growing shift of customers towards customized as well as personalized jewelry is projected to drive global market trends. Apart from this, the rise in the online purchase of jewelry as well as the thriving e-commerce sector & increase in online shopping activities across the globe has paved the way for the growth of the market globally. Changing fashion trends along with the demand for stylish jewelry among the women population will expand the scope of the global market demand. Mergers and acquisitions will define the growth of the market globally in the years ahead. For instance, in the first half of 2022, Otiumber Limited, a major fine and demi-fine jewelry brand, and Hunza G, a UK-based firm designing sustainable swimwear labels, joined hands for creating gold hoops. The move will help in increasing the sale of demi-fine jewelry in Europe. New product launches are also likely to influence the expansion of the global market space in the forecasting years. Citing an instance, in the first quarter of 2021, Missoma Limited, a key player in the business of recycled gold & silver demi-fine jewelry, introduced a new product line of recycled gold demi-fine jewelry demonstrating a premium & luxury finish.

Demi-Fine Jewelry For Women Sales Market: Restraints

Scaling product prices can constraint the global industry surge over 2023-2030

High product costs can impede the expansion of the global demi-fine jewelry for women sales industry in the upcoming years. Apart from this, a prominent increase in online fraud along with less know-how about jewelry hallmarks among women can restrict the growth of the industry across the globe.

Demi-Fine Jewelry For Women Sales Market: Opportunities

Easy purchase and sale of the product to pen new growth facades for the global market over the forecast timeline

Easy availability of demi-fine jewelry for women at affordable prices with trending designs has generated new growth opportunities for the global demi-fine jewelry for women sales market in recent years. Moreover, the rise in the online presence of new brands along with a rise in the penetration of the internet & smartphones with the onset of new high-speed networks such as 5G will spearhead the demand for the product in the upcoming years.

Demi-Fine Jewelry For Women Sales Market: Challenges

Constantly changing government legislation can prove a big challenge in the growth trajectory of the industry globally

Changing government policies and rise in the import duties by EU countries along with oscillations in the raw material costs due to supply chain disruptions can prove to be a big challenge for the global demi-fine jewelry for women sales industry expansion. Natural disasters and regional conflicts have further posed a huge threat to industry growth across the globe.

Demi-Fine Jewelry For Women Sales Market: Segmentation

The global demi-fine jewelry for women sales market is sectored into price range, distribution channel, and region.  

In price range terms, the global demi-fine jewelry for women sales market is segregated into below 150 USD, 151-300 USD, and 301-500 USD segments. Moreover, the below 150 USD segment, which garnered nearly 60% of the global market share in 2022, is projected to record the fastest CAGR in the projected timespan. The growth of the segment in the next few years can be owing to the price range being a budget-friendly alternative for the product attracting a large number of women who prefer the product in the cost-effective price range of below USD 150 for routine use and office wear.

Based on the distribution channel, the global demi-fine jewelry for women sales industry is bifurcated into offline and online segments. In addition to this, the offline segment, which contributed about 87% of the global industry share in 2022, is set to establish segment domination in the forecasting timeline. The segmental elevation over the analysis timeframe can be subject to the growing demand for physical verification of jewelry among the women population. Apart from this, offline distribution channel helps brands in building a long-term relationship with consumers. Additionally, this offline mode of distribution channel offers various brands the opportunity to increase customer loyalty, customer trust, customer retention, improve usability, and reduce customer churn by regularly engaging with them.

Demi-Fine Jewelry For Women Sales Market: Report Scope

Demi-Fine Jewelry For Women Sales Market: Regional Insights

Europe is likely to retain its dominant position in the global market over the assessment timeline

Europe, which accounted for 51% of the global demi-fine jewelry for women sales market share in 2022, will be a leading region during the analysis timeframe. Moreover, the expansion of the market in Europe over the forecast period can be attributed to massive product demand due to its cost-effectiveness and graciousness. Furthermore, countries such as the UK, France, Germany, and Italy are key European countries comprising a large women population purchasing demi-fine jewelry products. The rise in the online purchase of the product in Europe and the thriving retail industry in the continent will embellish the regional market trends.

The Asia-Pacific demi-fine jewelry for women sales industry is set to register the fastest CAGR over the forecast timespan owing to the presence of a large number of major industry participants such as Tanishq in the countries such as India. Moreover, a rise in product demand in the countries such as Japan, South Korea, China, Indonesia, Japan, Sri Lanka, Malaysia, and Singapore will embellish the growth of the industry in the Asia-Pacific zone. Increase in demand for the product by women during festivals and various traditional events in the countries such as Thailand, India, Sri Lanka, Japan, China, and Indonesia will spur regional industry growth.

Demi-Fine Jewelry For Women Sales Market: Competitive Space

The global demi-fine jewelry for women sales market profiles key players such as:

• Wuzhou Provence Jewelry Co. Ltd
• Zhuhai Kirin Jewelry Co. Ltd
• Dws Jewellery
• ODM sterling silver
• Otiumberg Limited
• Edge of Ember
• WWAKE Inc.
• Aariana Jewels
• Loren Stewart
• Sarah & Sebastian Pty Ltd
• Missoma Limited
• Natasha Schweitzer
• Monica Vinader Ltd.
• Maroth Jewels Private Limited
• Astley Clarke Limited
• Meo Jewelry
• Chong Lerdlum Company Limited
• Guangzhou Yami Jewelry Co. Ltd
• Polaris Jewellery
• Yiwu YY Jewelry Co. Ltd
• Catbird.

The global demi-fine jewelry for women sales market is segmented as follows:

By Price Range 

• Below 150 USD
• 151-300 USD
• 301-500 USD

By Distribution Channel

• Offline
• Online

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa