GVR Report cover Beaded Jewelry Market Size, Share & Trends Report

Beaded Jewelry Market Size, Share & Trends Analysis Report By Product (Necklaces, Bracelets, Rings, Earrings), By Material (Plastic, Glass, Metal), By End-user (Women, Men), By Distribution Channel, By Region, And Segment Forecasts, 2022 - 2030

  • Report ID: GVR-4-68039-954-5
  • Number of Pages: 80
  • Format: Electronic (PDF)

Report Overview

The global beaded jewelry market size was valued at USD 5.4 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.9% from 2022 to 2030. The market growth has primarily been attributed to continuously changing lifestyles and growing disposable income along with rising fashion consciousness among the consumer. Moreover, the rising buying power per capita income of the consumer is accelerating market growth. Furthermore, the manufacturers are focusing and investing in expanding their customer base by attracting them in different ways, such as through e-commerce websites and providing discount schemes thereby accelerating market growth. Additionally, the constant development of innovative and attractive decorative beaded products is a major trend in the market, which, in turn, will propel the demand for beaded jewelry in emerging countries.

U.S. beaded jewelry market size, by distribution channel, 2020 - 2030 (USD Million)

The outbreak of coronavirus across the globe had badly affected the global economy. To break the chain and spread of coronavirus, lockdown orders were imposed by various countries around the world. This had a devastating impact on the supply chain, distribution channels, and trade and development of the market for beaded jewelry. Moreover, the COVID 19 pandemic is having a profound impact on the global beaded jewelry industry, including production, and consumption due to closures of jewelry shops across the globe. Moreover, increasing demand for fashion jewelry after the COVID outbreak is expected to propel market growth over the forecast period.

The rising number of manufacturers has fetched many affordable options thus, increasing popularity among corporate people, working women, and youth. Moreover, young working professionals and millennials prefer beaded jewelry to fine jewelry. In addition, fluctuating prices of gold and silver have also been a major factor in the increase in demand for beaded products across the globe.

The growing digital innovation, constantly changing consumer-spending behaviors, and increasing urbanization collectively projected to drive the market for beaded jewelry. Furthermore, the high preference for affordable wearing jewelry items across Asian countries like India, and China has boosted the demand for fashion jewelry in this region, thus fueling the market growth over the forecast period. Additionally, the increasing middle-class population in developing economies along with disposable income been driving the market for beaded jewelry over the last few years.

The increasing e-commerce sector and internet penetration in urban as well as rural have also affected the demand for the fashion industry in recent years. Additionally, the manufacturers are providing a heavy discount on e-commerce jewelry buying and easy access to a wide range of products; this may save time and money, which further boosts the market growth. Furthermore, the increasing demand for the beaded product in the men's segment has fueled market growth over the forecast period.

However, fluctuating raw material prices and FAD products in the market may hamper the growth. The fashion jewelry industry has observed a sudden steep in the price of the beaded product due to an unorganized supply chain in the market for beaded jewelry across the globe. These factors can hinder market growth in the specified period. While expanding online platforms and trusted sellers across the globe are opening a new opportunity for the industry players, thus market growth is expected to accelerate over the forecast period.

Material Insights

The glass segment dominated the market for beaded jewelry and accounted for the largest revenue share of around 40.0% in 2021. The segment is expected to witness the fastest CAGR of 9.4% from 2022 to 2030. The increasing popularity of glass beaded jewelry among working professional women across the globe is accelerating market growth. Moreover, in developing economies such as China and India, beaded earrings are widely accepted by women of all age groups, thus the demand for the product is high and is expected to propel the market growth of the segment.

The plastic segment is expected to register the second-fastest CAGR of 9.0% in the market for beaded jewelry from 2022 to 2030. The rising demand for affordable fashion jewelry in developing and developed nations is supporting the segment growth. Moreover, plastic is a durable and relatively economic material used for manufacturing beaded jewelry products, thus contributing to the significant growth rate of the market revenue.

End-user Insights

The women's segment dominated the market for beaded jewelry and accounted for the largest revenue share of around 60.0% in 2021. The segment is expected to witness a CAGR of 8.6% from 2022 to 2030. The increasing demand for different varieties of fashion jewelry among women for different events is propelling the market growth. Moreover, the increasing trend of beaded jewelry among working women for their day-to-day looks is also likely to accelerate segment growth over the forecast period.    

The men's segment is expected to register the fastest CAGR of 9.2% in the market for beaded jewelry from 2022 to 2030. The rising acceptance of fashion jewelry among men is also accelerating the growth of the market. Moreover, products such as gold-coated beaded chains, cufflinks, necklaces, and beaded bracelets are commonly in demand among men across the globe, thereby fueling segment growth. Furthermore, the introduction of new designs and emerging fashion trends are attracting customers, and manufacturers leveraging this frequent change in fashion to design unique products to attract customers will further propel market growth over the forecast period.

Distribution Channel Insights

The offline distribution channel segment dominated the market for beaded jewelry and accounted for the largest revenue share of around 75.0% in 2021. The segment is expected to witness a CAGR of 8.7% from 2022 to 2030. The segment includes offline channels such as jewelry shops, and over retails are expected to accelerate market growth. Moreover, the traditional way of shopping has dominated the market due to the accessibility of a wide variety of beaded products under a single roof, and bargaining features are accelerating the market growth. In the product category of jewelry, consumers prefer to visit offline stores to get their products customized as per their preferences further driving the market growth.

The online segment is expected to register the fastest CAGR of 9.4% from 2022 to 2030. This can be attributed to the rising usage and penetration of the internet in the rural market across the globe. Moreover, the hectic schedule of young and working consumers along with the presence of online trusted dealers are also boosting the market growth. Moreover, the increase in sales of beaded jewelry sets mostly through company-owned websites and other e-commerce platforms is further expected to accelerate the growth of this segment over the forecast period.

Product Insights

The necklaces segment dominated the market and accounted for the largest revenue share of over 35.0% in 2021. The segment is expected to witness a CAGR of 8.6% from 2022 to 2030. The rising popularity of the beaded necklaces among the youth especially working women is expected to accelerate market growth over the forecast period. Moreover, the companies are investing in new product launches along with a wide variety of designs the product, and the rising trend of changing jewelry daily are some of the major factors for market growth over the last few years.

Global beaded jewelry market share, by product, 2021 (%)

The bracelets segment is expected to witness the fastest growth rate of 9.7% from 2022 to 2030. The growing demand for bracelets, mainly in countries like China and India, owing to the huge demand for various beaded products is accelerating the market growth. Moreover, the rising demand for bracelets among men is projected to propel the segment growth over the forecast period. Furthermore, the increasing demand for metal-coated beaded products among youngsters in developed and developing economies is expected to accelerate market growth over the forecast period.

Regional Insights

Asia Pacific dominated the beaded jewelry market and accounted for the largest revenue share of over 35.0% in 2021. This is owing to the huge demand for beaded jewelry in countries like Japan, India, and China. With the largest growing working population and rising disposable income, the region is witnessing huge demand for jewelry. Moreover, the increasing demand for affordable jewelry and the rising trend of accepting fashion products in this region is expected to accelerate market growth.

Beaded Jewelry Market Trends by Region

In Europe, the market is expected to expand at the highest CAGR of 9.8% from 2022 to 2030 due to the high acceptance of the beaded products in the U.K., Germany, France, Spain, and Italy coupled with rising consumers’ preference for the varieties of jewelry. Moreover, the rising trend for metal-coated beaded products in this region is driving the market growth. Furthermore, socioeconomic factors, such as changing lifestyles in the U.K, Germany, and France, and significant urbanization have a positive impact on the development of new products, which, in turn, is anticipated to surge market growth over the forecast period.

Key Companies & Market Share Insights

Key players in this industry include Avon Products, Inc., Buckley London, Stuller, Giorgio Armani S.p.A., and many others. Both small and large players are introducing innovative products and expanding their portfolios to appeal to consumers across the globe. Moreover, several manufacturers of jewelry are witnessing a high demand for the product, especially among the working population and young generation. Furthermore, beaded jewelry is gaining traction around the globe, mainly due to the accessibility of several varieties. Key players are focusing on collaborations, the expansion of distribution channels, and new product launches. Some of the prominent players in the beaded jewelry market include: 

  • Avon Products, Inc.

  • Buckley London

  • Stuller, Inc.

  • Giorgio Armani S.p.A.

  • Yurman Design Inc.

  • LVMH Group

  • VAN CLEEF & ARPELS

  • Pandora Jewellers

  • RIAH FASHION

  • Rosec Jewels

  • Beads Discounter Inc

  • Pandora A/S

Beaded Jewelry Market Report Scope

Report Attribute

Details

Market size value in 2022

USD 5.9 billion

Revenue forecast in 2030

USD 11.7 billion

Growth rate

CAGR of 8.9% from 2022 to 2030

Base year for estimation

2021

Historical data

2017 - 2020

Forecast period

2022 - 2030

Quantitative units

Revenue in USD million and CAGR from 2022 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, material, end-user, distribution channel, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy Spain; China; India, Japan; Australia; Indonesia; South Africa; Brazil

Key companies profiled

Avon Products, Inc.; Buckley London; Stuller, Inc.; Giorgio Armani S.p.A.; Yurman Design Inc.; LVMH Group; VAN CLEEF & ARPELS; Pandora Jewellers; RIAH FASHION; Rosec Jewels; Beads Discounter Inc; Pandora A/S

Customization scope

Free report customization (equivalent to up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

 

Global Beaded Jewelry Market Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global beaded jewelry market report based on product, material, end-user, distribution channel, and region:

Global Beaded Jewelry Market Segmentation

  • Product Outlook (Revenue, USD Million, 2017 - 2030)

    • Necklaces

    • Bracelets

    • Rings

    • Earrings

  • Material Outlook (Revenue, USD Million, 2017 - 2030)

    • Plastic

    • Glass

    • Metal

    • Others

  • End-user Outlook (Revenue, USD Million, 2017 - 2030)

    • Women

    • Men

  • Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

    • Offline

    • Online

  • Regional Outlook (Revenue, USD Million, 2017 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • India

      • Japan

      • Australia

      • Indonesia

    • Central & South America

      • Brazil

    • Middle East & Africa

      • South Africa

Frequently Asked Questions About This Report

pdf

GET A FREE SAMPLE

bck

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

cog

NEED A CUSTOM REPORT?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.

Contact us now to get our best pricing.

BBB icon gvr sidebar D&B icon gvr sidebar

We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure.