Affordable Luxury: Exploring the Rise of Demi Fine Jewelry in the UK
A comprehensive historical analysis of the market for United Kingdom Demi Fine Jewelry has been thoroughly analyzed in this report. It offers data and insights from 2019-2022 and provides extensive market forecasts from 2023-2032 by region/country and subsector. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the United Kingdom Demi Fine Jewelry market.
The United Kingdom Demi Fine Jewelry Market is anticipated to exceed USD 432.65 million by 2033, growing at a CAGR of 16.66% from 2023 to 2033.
The report includes growth prospects in the United Kingdom Demi Fine Jewelry market by type, application, sub-segment, and region, and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Consumer Goods and other sectors. Regional coverage spans North America, Europe, and the rest of the world, including Asia Pacific.
Demi Fine Jewelry includes accessories made with valuable metals like vermeil gold and sterling silver. The demi-fine jewelry category sits in the middle of expensive delicate jewelry pieces and inexpensive costume jewelry. Additionally, this jewelry can deliver high quality and demand appealing prices through the use of a substantial layer of 18k gold vermeil and a sturdy sterling silver core. Methods like applying pure gold on top of fine silver and using rhodium plating on valuable metals help prevent scratches and tarnish, making the product more durable and boosting its popularity. The market share of demi-fine jewelry is expected to see a significant rise in the foreseeable future due to the increasing disposable incomes of consumers and the growing appeal of the product as a more affordable option than traditional fine jewelry. Taylor & Hart reported a 228% rise in online searches for gender-neutral jewelry from 2020 to 2021, indicating a growing demand for gender-fluid items. Hence, the rise in consumer interest for unisex items will fuel growth in the demi-fine jewelry market in the coming years.
Leading players of United Kingdom Demi Fine Jewelry including:
- Missoma
- Monica Vinader Ltd.
- Otiumberg
- Edge of Ember
- Astley Clarke Limited
- Others
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Market split by Segement can be divided into:
By Type
- Bracelets
- Earrings
- Necklaces
- Rings
- Others
By End User
- Women
- Men
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In December 2023, Tanzire, an Indian e-commerce platform that focuses on demi-fine jewelry, introduced Missoma, a demi-fine jewelry brand based in the U.K., to appeal to the Indian market.
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What is covered in the report?
- 1. Overview of the United Kingdom Demi Fine Jewelry market.
- 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa) market size data for the United Kingdom Demi Fine Jewelry market, based on segement.
- 3. United Kingdom Demi Fine Jewelry Market trends.
- 4. United Kingdom Demi Fine Jewelry Market drivers.
- 5. Analysis of major company profiles.
Reasons to buy this Market Report:
1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging United Kingdom Demi Fine Jewelry market.
2. Use the SWOT analysis to determine the competitive intensity and, therefore, attractiveness of the emerging United Kingdom Demi Fine Jewelry Industry.
3. Leading company profiles reveal details of key United Kingdom Demi Fine Jewelry market players' emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging United Kingdom Demi Fine Jewelry market with five-year historical forecasts.
5. Compares data from North America, South America, Asia Pacific, Europ, and the Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the United Kingdom Demi Fine Jewelry market over the upcoming seven years
7. Accurate estimation of the United Kingdom Demi Fine Jewelry market size
8. Exact estimations of the upcoming trends and changes observed in consumer behavior
9. Growth of the United Kingdom Demi Fine Jewelry market across North & South America, EMEA, Asia Pacific, and Latin America
10. Information about United Kingdom Demi Fine Jewelry market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the United Kingdom Demi Fine Jewelry market
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