The North America Demi-fine Jewelry Market would witness market growth of 12.8% CAGR during the forecast period (2022-2028).
The demi-fine jewelry is majorly gaining traction among men & women aged 20’s to ’30s. This is the result of the “luxury in jewelry” concept as an emerging trend across the globe. Fine jewelry is crafted using precious metals such as platinum, solid gold, and sterling silver. This type of jewelry is considered the premium quality jewelry existing in the market.
Further, this kind of jewelry use diamonds, and pearls. This type of jewelry is perfect for users who prefer wearing jewelry on regular basis. The demi-fine jewelry can last much longer depending on the care one pays while using the ornament. Usually, people are concerned that the plating of the ornament may come off or the jewelry may get discolored, but these can easily be avoided just by taking care of the jewelry.
It is suggested not to use perfumes & lotions while wearing the jewelry as there are chances that the jewelry piece get discolored if came in contact with demi-fine jewelry. Demi-fine jewelry has become widely popular these days, especially among users who wish to have luxury jewelry within their budgets.
Women in regional nations such as the United States are not just confined to their homes. A large number of women in the region are working in offices or have their businesses. This has resulted in growing financial independence as well as rising spendable incomes for these women. This has resulted in rising the demand for demi fine jewelry in regions to be worn on daily basis.
The US market dominated the North America Demi-fine Jewelry Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $776.5 Million by 2028. The Canada market is poised to grow at a CAGR of 14.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 14.6% during (2022 - 2028).
Based on Application, the market is segmented into Women and Men. Based on Distribution Channel, the market is segmented into Offline and Online. Based on Price Range, the market is segmented into 151-300 USD, Below 150 USD, and 301-500 USD. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Demi-fine Jewelry Market is Estimated to reach $4.3 Billion by 2028, at a CAGR of 13%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Otiumberg Limited, Missoma Limited, Edge of Ember, Catbird, Astley Clarke Limited, WWAKE, Inc., Loren Stewart, Monica Vinader Ltd., Natasha Schweitzer, and Sarah and Sebastian Pty. Ltd.
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