USD 5.4 billion
Beaded Jewelry Market Size, Share, Growth Analysis, By Product(Necklaces, Bracelets, Rings, Earrings), By Material(Plastic, Glass, Metal and Others), By End User(Women and Men), By Distribution Channel(Online and Offline), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30L2125 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
114
|Figures:
79
Beaded Jewelry Market Insights
Global Beaded Jewelry Market size was valued at USD 5.4 billion in 2021 and is poised to grow from USD 5.9 billion in 2022 to USD 11.7 billion by 2030, growing at a CAGR of 8.9% in the forecast period (2023-2030).
The market expansion has mostly been ascribed to consumers' growing fashion consciousness, changing lifestyles, and greater disposable money. Additionally, market expansion is accelerated by the consumer's increasing purchasing power per capita income. Additionally, the producers are concentrating and spending money on growing their customer base by luring them in through a variety of channels, like through e-commerce websites and discount programs, thereby speeding market expansion. Additionally, a significant market trend that will fuel the demand for beaded jewelry in developing nations is the ongoing creation of creative and eye-catching ornamental beaded products.
The popularity of corporate people, working women, and young people is developing as a result of the growing number of manufacturers who have produced numerous affordable solutions. Additionally, millennials and young professionals in the workforce like beaded jewelry over fine jewelry. The rise in demand for beaded goods around the world has also been significantly influenced by changes in the price of gold and silver.
The market for beaded jewelry is expected to be driven by rising urbanization, shifting consumer buying patterns, and expanding digital innovation. The demand for fashion jewelry in this area has also increased due to the growing inclination for inexpensive wearing jewelry products in Asian nations like China and India, which is driving the market's growth throughout the forecast period. The demand for beaded jewelry has been driven in recent years by an increase in the middle class in developing economies as well as disposable income.
The demand for the fashion industry has recently been impacted by the growing e-commerce sector and internet access in urban and rural areas. Additionally, the suppliers are offering significant discounts on online jewelry purchases and simple access to a variety of products; this could help consumers save time and money, which will further fuel industry expansion. Additionally, the market has grown over the anticipated period because of the rising demand for the beaded product in the men's market.
However, the growth could be hampered by market FAD items and variable raw material prices. Due to an unorganized supply chain in the market for beaded jewelry around the world, the fashion jewelry sector has noticed a significant rise in the price of the beaded product. These elements may limit market expansion throughout the time frame given. The market is likely to grow faster than predicted over the forecast period as reputable vendors and expanding online marketplaces create new opportunities for industry players.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Offline
Fastest Growth
Offline
Growth Rate
8.9% CAGR
Global Beaded Jewelry Market 2022-2030 ($ Bn)
Country Share for North America Region- 2022 (%)
To get more reports on the above market click here to Buy The Report
Beaded Jewelry Market Segmental Analysis
Global Beaded Jewelry Market is segmented based on Product, Material, End-user, Distribution Channel and region. Based on Product the market is segmented into Necklaces, Bracelets, Rings, Earrings. Based on Material the market is segmented into Plastic, Glass, Metal and Others. Based on End User the market is segmented into Women and Men. Based on Distribution Channel the market is segmented into Online and Offline. Based on region the global Beaded Jewelry Market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by Product
The necklaces industry controlled the market in 2021 and held a revenue share of more than 35.0%. The segment is expected to expand at a CAGR of 8.6% between 2022 and 2030. The market is expected to increase more quickly over the course of the projected period as a result of the beaded necklaces' rising acceptance among young people, particularly working women. Over the past few years, companies investing in new product launches, a variety of product designs, and the growing trend of changing jewelry every day have been some of the major factors driving market growth.
The bracelets market is anticipated to grow at the quickest annual rate, or 9.7%, between 2022 and 2030. Due to the escalating need for bracelets, which is primarily being driven by the enormous demand for various beaded products in countries like China and India, the market is growing swiftly. The category is also anticipated to develop during the projected period as a result of men's increasing bracelet demand. The increased demand for metal-coated beaded products among young people in both developed and developing countries is also estimated to hasten market expansion over the course of the projected time frame.
Analysis by Distribution Channel
In 2021, the offline distribution channel segment, which had the biggest revenue share of about 75.0%, dominated the market for beaded jewelry. From 2022 to 2030, the segment is anticipated to grow at a CAGR of 8.7%. The section includes offline channels like jewelry stores, and it is anticipated that over retail will speed up industry growth. Due to the availability of a huge range of beaded products under one roof and the availability of bargaining characteristics, the traditional manner of purchasing has also come to dominate the market. In the jewelry product category, customers prefer to go to physical stores to have their purchases personalized to their tastes, which contributes to the market's expansion.
Global Beaded Jewelry Market By Distribution Channel 2022(%)
To get detailed analysis on other segments, Request For Free Sample Report
Beaded Jewelry Market Regional Insights
Asia Pacific dominated the market for beaded jewelry in 2021, accounting for the largest revenue share of around 35.0%. The huge demand for beaded jewelry in countries like China, Japan, and India is the cause of this. Due to the fastest-growing working population and rising disposable income, the region is experiencing a high demand for jewels. Additionally, it is projected that this region's expanding need for fairly priced jewelry and increased acceptability of stylish products will quicken market progress.
The market in Europe is anticipated to grow at the highest CAGR of 9.8% between 2022 and 2030 as a result of consumers' increasing preference for various types of jewelry and the high acceptability of beaded products in the U.K., Germany, France, Spain, and Italy. The market is expanding as a result of the expanding interest for metal-coated beaded goods in this region. Additionally, socioeconomic factors such as significant urbanization and shifting lifestyles in the U.K., Germany, and France have a beneficial influence on the creation of new products, which is expected to fuel market expansion throughout the projection period.
Global Beaded Jewelry Market By Geography, 2022-2030
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Beaded Jewelry Market Dynamics
Drivers
Fashion Trends to Bolster Market Growth
- Beaded jewelry is a popular fashion accessory that can be worn with a variety of outfits, and trends in fashion often drive demand for specific types of beaded jewelry.
Restraints
Limited Raw Materials to Hinder Market Growth
- Limited materials: Beaded jewelry is made using beads, which limits the range of materials that can be used. This can make it difficult for companies to differentiate their products and stand out in the market.
Request Free Customization of this report to help us to meet your business objectives.
Beaded Jewelry Market Competitive Landscape
To appeal to customers around the world, both small and large firms are developing cutting-edge products and broadening their product lines. Additionally, many jewelers report strong demand for their goods, particularly from the working population and the younger age. Additionally, beaded jewelry is becoming more popular all around the world, largely as a result of the availability of many types. Collaborations, the growth of distribution channels, and the introduction of new products are the main priorities for key companies.
Top Player’s Company Profiles
- Swarovski AG
- Pandora A/S
- Tiffany & Co.
- Harry Winston, Inc.
- Chopard International SA
- Cartier International SNC
- Bulgari SpA
- Van Cleef & Arpels SA
- Graff Diamonds Corporation
- Buccellati Holding Italia SpA
- Piaget SA
- Mikimoto & Co., Ltd.
- H. Stern Comercio e Industria SA
- Boucheron SA
- David Yurman Enterprises LLC
- Roberto Coin SRL
- Buccellati Holding America, Inc.
- BVLGARI Corporation of America, Inc.
- The Aaron Group
- The Napier Co.
Recent Developments
- In 2021, sustainability has become a major trend in the jewelry industry, including the beaded jewelry segment. Consumers are increasingly seeking eco-friendly and ethically-sourced materials and manufacturers are responding by incorporating recycled materials and responsible sourcing practices into their products.
- In 2020, the COVID-19 pandemic caused a slowdown in the global jewelry market, including beaded jewelry. However, some companies pivoted to online sales and increased their focus on digital marketing to reach customers.
Beaded Jewelry Key Market Trends
- In response to consumer demand for more eco-friendly and socially responsible products, many beaded jewelry manufacturers are incorporating sustainable materials, such as recycled beads and natural fibers, into their designs.
- With the growth of e-commerce, many beaded jewelry manufacturers are increasing their online presence and leveraging digital tools to enhance the customer experience. This includes offering virtual try-on options and using social media to showcase their latest designs and connect with customers.
- The legalization of cannabis for medical and recreational purposes in several countries and states has driven the demand for vape cartridges.
Beaded Jewelry Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, we found that the Beaded Jewelry market is the market expansion that has mostly been ascribed to consumers' growing fashion consciousness, changing lifestyles, and greater disposable money. Additionally, market expansion is accelerated by the consumer's increasing purchasing power per capita income. Additionally, the producers are concentrating and spending money on growing their customer base by luring them in through a variety of channels, like through e-commerce websites and discount programs, thereby speeding market expansion. However, the growth could be hampered by market FAD items and variable raw material prices. Due to an unorganized supply chain in the market for beaded jewelry around the world, the fashion jewelry sector has noticed a significant rise in the price of the beaded product. These elements may limit market expansion throughout the time frame given. The market is likely to grow faster than predicted over the forecast period as reputable vendors and expanding online marketplaces create new opportunities for industry players.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 5.4 billion |
| Market size value in 2031 | USD 11.7 billion |
| Growth Rate | 8.9% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
Recent Developments
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Beaded Jewelry Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Beaded Jewelry Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Beaded Jewelry Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Beaded Jewelry Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Beaded Jewelry Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Beaded Jewelry Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
USA (+1) 351-333-4748
