Report ID: SQMIG30L2125
Report ID:
SQMIG30L2125 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
114 |
Figures:
79
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.
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Report ID: SQMIG30L2125