Market Overview:
The global artificial jewelry market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising disposable income, increasing demand for artificial jewelry in wedding and other applications, and growing popularity of artificial jewelry among millennials. The global artificial diamond market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising disposable income, increasing demand for artificial diamonds in wedding and other applications, and growing popularity of synthetic diamonds among millennials. The global synthetic stone market is expected to grow at a CAGR of 5.3% during the forecast period from 2018to 2030 due its properties such as durability, low cost, and color options. Increasing demand for these stones in various applications including wedding ceremonies, fashion shows etc.
Product Definition:
Artificial Jewelry is a type of jewelry that is made from materials other than precious metals and stones. It can be made from materials such as plastics, glass, or ceramics. Artificial jewelry is often less expensive than traditional jewelry, making it a popular choice for people on a budget. It can also be more durable than traditional jewelry, making it a good choice for people who are hard on their belongings.
Artificial Diamond:
Artificial diamond is a man-made product, which has similar physical and chemical properties as that of natural diamonds. It can be manufactured using various technologies including High Pressure/High Temperature (HPHT), Chemical Vapor Deposition (CVD), and Emulsified Carbons. The HPHT process is the most widely used technology for producing artificial diamonds with high quality and yield.
Artificial Stone:
Artificial stone is a man-made product used as an alternative to natural stones such as jade, quartz, etc. It can be made from various synthetic materials such as glass, plastic and resin. The most commonly used type of artificial stone is cultured marble which is also known as cultured glassstone or false marble.
The global artificial jewelry market size was valued at USD 2 billion in 2015.
Application Insights:
The wedding application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to rising number of weddings taking place across the globe. According to a study, it has been estimated that globally, around 1.7 billion people aged between 15 and 29 have been married or will be married in 2018. Wedding is one of the most important occasions for jewelry wearer as during this time she/he wears her/his best jewels which add value to his/her appearance.
Festival application was second largest segment in 2017 and is expected to grow at a significant rate over the forecast period owing to increasing number of festivals being held across various regions including Asia Pacific, North America and Europe Latin America etc. Festival is an opportunity for jewelers present in these regions due both physical features such as location & setting sun light & shadows along with symbolism attached with festival celebrations such as colors, symbols & legends etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing disposable income, coupled with rising population in countries such as China and India. Furthermore, the presence of various manufacturing companies in this region will drive the market further. For instance, Bajaj Electricals Ltd., one of India's largest electrical equipment manufacturers has started manufacturing artificial jewelry products under its brand name ‘Bajaj Jewelry’ since 2015.
North America was valued at USD X million in 2017.
Growth Factors:
- Increasing demand from the fashion industry for artificial jewelry
- Rising disposable income of consumers in developing countries
- Proliferation of online retail platforms that offer a wide range of artificial jewelry at competitive prices
- Growing popularity of DIY (Do It Yourself) culture among millennials, who are increasingly opting for artificial jewelry to personalize their outfits
- Increasing awareness about the health and environmental benefits of using artificial jewelry over traditional gold and silver jewelries
Scope Of The Report
Report Attributes
Report Details
Report Title
Artificial Jewelry Market Research Report
By Type
Artificial Diamond, Artificial Stone, Others
By Application
Wedding, Festival, Fashion, Other
By Companies
De Beers, Sandvik Hyperion, ZhongNan Diamond, Henan Huanghe Whirlwind, Zhengzhou Sino-Crystal Diamond, CR GEMS Diamond, Element Six, Jinqu Chaoying Diamond, Sumitomo Electric, Microwave Enterprises
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Artificial Jewelry Market Report Segments:
The global Artificial Jewelry market is segmented on the basis of:
Types
Artificial Diamond, Artificial Stone, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wedding, Festival, Fashion, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- De Beers
- Sandvik Hyperion
- ZhongNan Diamond
- Henan Huanghe Whirlwind
- Zhengzhou Sino-Crystal Diamond
- CR GEMS Diamond
- Element Six
- Jinqu Chaoying Diamond
- Sumitomo Electric
- Microwave Enterprises
Highlights of The Artificial Jewelry Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Artificial Diamond
- Artificial Stone
- Others
- By Application:
- Wedding
- Festival
- Fashion
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Artificial Jewelry Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artificial jewelry is jewelry that is not made from natural materials. It can be made from a variety of materials, including plastic, metal, and silicone.
Some of the major companies in the artificial jewelry market are De Beers, Sandvik Hyperion, ZhongNan Diamond, Henan Huanghe Whirlwind, Zhengzhou Sino-Crystal Diamond, CR GEMS Diamond, Element Six, Jinqu Chaoying Diamond, Sumitomo Electric, Microwave Enterprises.
The artificial jewelry market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Artificial Jewelry Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Artificial Jewelry Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Artificial Jewelry Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Artificial Jewelry Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Artificial Jewelry Market Size & Forecast, 2018-2028
4.5.1 Artificial Jewelry Market Size and Y-o-Y Growth
4.5.2 Artificial Jewelry Market Absolute $ Opportunity
Chapter 5 Global Artificial Jewelry Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Artificial Jewelry Market Size Forecast by Type
5.2.1 Artificial Diamond
5.2.2 Artificial Stone
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Artificial Jewelry Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Artificial Jewelry Market Size Forecast by Applications
6.2.1 Wedding
6.2.2 Festival
6.2.3 Fashion
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Artificial Jewelry Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Artificial Jewelry Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Artificial Jewelry Analysis and Forecast
9.1 Introduction
9.2 North America Artificial Jewelry Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Artificial Jewelry Market Size Forecast by Type
9.6.1 Artificial Diamond
9.6.2 Artificial Stone
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Artificial Jewelry Market Size Forecast by Applications
9.10.1 Wedding
9.10.2 Festival
9.10.3 Fashion
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Artificial Jewelry Analysis and Forecast
10.1 Introduction
10.2 Europe Artificial Jewelry Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Artificial Jewelry Market Size Forecast by Type
10.6.1 Artificial Diamond
10.6.2 Artificial Stone
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Artificial Jewelry Market Size Forecast by Applications
10.10.1 Wedding
10.10.2 Festival
10.10.3 Fashion
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Artificial Jewelry Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Artificial Jewelry Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Artificial Jewelry Market Size Forecast by Type
11.6.1 Artificial Diamond
11.6.2 Artificial Stone
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Artificial Jewelry Market Size Forecast by Applications
11.10.1 Wedding
11.10.2 Festival
11.10.3 Fashion
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Artificial Jewelry Analysis and Forecast
12.1 Introduction
12.2 Latin America Artificial Jewelry Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Artificial Jewelry Market Size Forecast by Type
12.6.1 Artificial Diamond
12.6.2 Artificial Stone
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Artificial Jewelry Market Size Forecast by Applications
12.10.1 Wedding
12.10.2 Festival
12.10.3 Fashion
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Artificial Jewelry Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Artificial Jewelry Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Artificial Jewelry Market Size Forecast by Type
13.6.1 Artificial Diamond
13.6.2 Artificial Stone
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Artificial Jewelry Market Size Forecast by Applications
13.10.1 Wedding
13.10.2 Festival
13.10.3 Fashion
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Artificial Jewelry Market: Competitive Dashboard
14.2 Global Artificial Jewelry Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 De Beers
14.3.2 Sandvik Hyperion
14.3.3 ZhongNan Diamond
14.3.4 Henan Huanghe Whirlwind
14.3.5 Zhengzhou Sino-Crystal Diamond
14.3.6 CR GEMS Diamond
14.3.7 Element Six
14.3.8 Jinqu Chaoying Diamond
14.3.9 Sumitomo Electric
14.3.10 Microwave Enterprises
