Summary of our market study
Would you like to receive an extract from this study? Fill in the form below
to understand this market
Detailed content of our market study
Inforamtion
- Number of pages : ~ 40 pages
- Format : Digital and PDF versions
- Last update :
Summary and extracts
1 Market overview
1.1 Definition and presentation
Fashion jewelry is made up of a multitude of jewels characterized by inventiveness of form, material and design, and by the absence of precious materials (gold, silver, diamonds, sapphires, etc.).
China remains the world's leading market, and wearing costume jewelry is extremely common in certain Asian countries. The second largest market is India, followed by the United States and, finally, Europe.
In Spain, the main manufacturers in the sector are Industrias Cristian Lay, Creve Invest, De Pablos e Hijos accesorios Metalicos, Redstring and Sikno Jewellery. [El Economista]
The sector is made up of specialist chains, independent retailers, heavyweights with a presence in Spain and abroad, as well as online pure-players, which have grown rapidly in recent years. The top five companies account for 42% of total sales, and their market share is growing at the expense of independents, who now account for just a quarter of the market.
Despite a sharp drop in sales due to the appearance of covid-19 and health restrictions in 2020-2021, the latest industry figures show a marked improvement in sales in 2022. Among the most noteworthy trends of recent years are the ever-increasing growth of online sales, which are driving the sector, the development of a men's range and the use of new materials.
1.2 The booming global jewelry market
The global jewelry market is in good health, and should continue to be so in the coming years. As shown in the chart below, the global jewelry market will be worth $*** billion in **** , and is expected to grow by **. *% to $*** billion by ****.
Jewelry market value forecast World, ****-****, in billions of ...
1.3 The Spanish market
According to the DBK Sector Observatory, retail sales of jewelry and watches recorded a strong recovery in ****, supported by improved private consumption behavior and the reactivation of tourism activity, following the more than **% drop in activity in ****. As a result, the market will be worth *.* billion euros in ****, **.*% more than in ...
1.4 Spain's trade balance is heavily in deficit
The UN Comtrade database provides access to export and import figures for all categories of manufactured products and raw materials. For the chart below, the selected category is "Articles of jewelry and parts thereof, of precious metal or of metal clad with precious metal"code ****. Spain's trade balance is negative, although ...
2 Demand analysis
2.1 Spanish consumption of costume jewelry and jewelry accessories
The most successful jewelry in Spain:
According to Google Trends data, the most popular jewelry categories in Spain are in this order: necklaces, earrings, bracelets and rings.
Most popular jewelry Spain, ****, Google trends index Source: ****
Consumption by gender :
Women buy more jewelry than men (***), with **% of purchases being self-gifts.
Jewelry purchases ...
2.2 Seasonality
The graph below shows the frequency of weekly Google searches for the term "costume jewelry". We can see peaks between the end of November and the end of December, corresponding to the run-up to Christmas and the festive season, showing that costume jewelry is a gift option to put under the ...
2.3 Geographical breakdown of demand
The regions where interest in the search term "bisuteria" is highest are Aragón, Principado de Asturias, País Vasco and Extremadura .
Source: ****
3 Market structure
3.1 Costume jewelry value chain
Below is a simplified value chain for the costume jewelry sector:
Jewelry creation/design: this stage generally takes place in the brand's offices. A wide variety of players are involved in this stage: fashion houses, jewelry designers, craftsmen... Jewelry manufacturing / assembly : the designs created and imagined in the previous stage are ...
3.2 Spanish costume jewelry production
Number of costume jewelry companies in Spain :
Growth in the number of costume jewelry and jewelry manufacturing companies Spain, ****-**** Source: ****
This graph shows the annual evolution of the number of companies dedicated to the manufacture of jewelry, costume jewelry and similar items in Spain between **** and ****. In the latter year, ...
3.3 Distribution channels
The main distribution channels :
Breakdown of sales by distribution channel (***) Spain, ****, in Source: ****
Specialized chains accounted for around **% of the market in ****, with sales value of *** million euros, a share that is tending to increase. Independent stores recorded sales of around *** million euros, representing **% of the market. Department stores and other ...
4 Offer analysis
4.1 A wide range of products
It is difficult to give an exhaustive presentation of costume jewelry due to the diversity of products on offer.
We can, however, segment the products according to the classic categories used to segment a classic jewelry offering:
Jewelry type:
Earrings ; Rings, bracelets ; Charms ; Necklaces ; Pendants ; Piercings ; Brooches ; Others.
Consumer gender:
Male ...
4.2 Characteristics of costume jewelry prices
Trends in consumer prices for costume jewelry:
In recent years, prices of costume jewelry and jewelry items have risen sharply in Spain, up **.*% in two years, against a backdrop of rising raw material and transport costs and inflation. Compared to other European countries, prices are **% higher than the European average, and ...
4.3 The arrival of luxury brands on the costume jewelry market
In recent years, luxury brands have been taking an interest in the fashion jewelry market, offering a range of this type of jewelry.
An emblematic example of this trend is the range of costume jewelry sold by Dior. Far more expensive than lesser-known brand equivalents, this jewelry enables Dior to generate ...
4.4 The growing importance of environmental issues
The importance of consuming ecologically and responsibly has been growing in recent years, and the jewelry market is no exception. Over the last few years, a number of brands have emerged, exclusively online, that present themselves as more ethical than their older competitors.
Ana Luisa
Ana Luisa is an American jewelry ...
5 Regulations
5.1 Legislation
In Spain, legislation relating to costume jewelry focuses primarily on consumer protection and product safety. Here are some of the main laws and regulations that apply to costume jewelry:
General Law for the Defense of Consumers and Users: This law applies to all consumer products, including costume jewelry. It defines the ...
6 Positioning the players
6.1 Player segmentation
- De Pablos e Hijos Accesorios Metalicos SL
- Industrias Cristian Lay SA
- Greve Invest SL (Vidal & Vidal)
- Moa
- Rand Diffusion (Bala Boosté)
- Agatha
- JLN Taratata
- Thom Group (Smizze, Marc Orian, Histoire d'or)
- Bershka
- Promod
- Christian Dior Couture
List of charts presented in this market study
- Forecasting the value of the costume jewelry market
- Jewelry market value forecasts
- Market size trends in jewelry (including costume jewelry) and watches
- Trends in the estimated size of the costume jewelry market
- Evolution of Spain's trade balance on the jewelry market
All our studies are available online in PDF format
Take a look at an example of our research on another market!
Latest news
Companies quoted in this study
This study contains a complete overview of the companies in the market, with the latest figures and news for each company. :
Choosing this study means :
Access to more than 35 hours of work
Our studies are the result of over 35 hours of research and analysis. Using our studies allows you to devote more time and added value to your projects.
Benefit from 6 years' experience and over 1,500 industry reports already produced
Our expertise enables us to produce comprehensive studies in all sectors, including niche and emerging markets.
Our know-how and methodology enable us to produce reports that offer unique value for money.
Access to several thousand articles and paid-for data
Businesscoot has access to all the paid economic press as well as exclusive databases to carry out its market research (over 30,000 articles and private sources).
To enhance our research, our analysts also use web indicators (semrush, trends, etc.) to identify market trends and company strategies. (Consult our paying sources)
Guaranteed support after your purchase
A team dedicated to after-sales service, to guarantee you a high level of satisfaction. +44 238 097 0676
A digital format designed for our users
Not only do you have access to a PDF, but also to a digital version designed for our customers. This version gives you access to sources, data in Excel format and graphics. The content of the study can therefore be easily retrieved and adapted for your specific needs.
Our offers :
The costume jewellery market | Spain
- What are the figures on the size and growth of the market?
- What is driving the growth of the market and its evolution?
- What is the positioning of companies in the value chain?
- Data from several dozen databases
5 reports pack (-15%) ES Spain
- 5 reports at €75.6 excluding VAT per study to choose from our Spanish catalogue for 12 months
- Save 15% on additional studies purchased
- Choose to be refunded any unused credit at the end of the 12-month period (duration of the pack)
See the terms and conditions of the pack and the refund of unused credit.