Global Brooch Market Size By Type (Celtic Brooches, Hair And Portrait Brooches), By Sales Channel (Online, Offline), By Geographic Scope And Forecast

Brooch Market Size And Forecast

Brooch Market size was valued at USD 29.1 Billion in 2024 and is projected to reach USD 43.16 Billion by 2031, growing at a CAGR of 7.3% during the forecast period 2024-2031.

The demand for hair and portrait brooches is the major factor fueling the market’s expansion. High disposable income and purchasing power, together with a developing global economy, are driving up demand for luxury products. The Global Brooch Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Brooch Market Definition

A brooch is a piece of decorative jewelry made to be fastened to clothing, frequently to bind them together. Typically, it is made of metal, often silver or gold or some other material. Brooches are usually embellished with gemstones or enamel, and they can be worn purely for ornament or as a functional attachment for clothing.

Global Brooch Market Overview

One of the oldest kinds of jewelry still worn today, brooches have been around for a very long time. They were initially used as clothes pins, but now, pendants on necklaces and bracelets are the more common way to wear them. The demand for hair and portrait brooches is the major factor fueling the market’s expansion.

High disposable income and purchasing power, together with a developing global economy, are driving up demand for luxury products. Furthermore, changing fashion trends among consumers with a special focus on young women aged between 15-30 years, and the growing online retail industry across various regions are anticipated to drive the Global Brooch Market. However, volatility in raw materials may impede the market growth over the course of the projected period.

Global Brooch MarketSegmentation Analysis

The Global Brooch Market is Segmented on the basis of Type, Sales Channel, and Geography.

Brooch Market, By Type

• Celtic Brooches
• Hair and Portrait Brooches
• Bow Brooch
• Cruciform Brooch
• Others

Based on Type, the market is segmented into Celtic Brooches, Hair and Portrait Brooches, Bow Brooch, Cruciform Brooch, and Others.

Brooch Market, By Sales Channel

• Online
• Offline

Based on Sales Channel, the market is segmented into Online and Offline.

Brooch Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Regional Analysis, the Global Brooch Market is segmented into North America, Europe, Asia Pacific, and the Rest of the world. North American region held the major market share of the Global Brooch Market owing to the increasing number of fashion-conscious people in countries such as the U.S., Canada, and Mexico. High disposable incomes that can be spent on luxury goods will drive the demand for brooches during the forecast period.

Furthermore, Asia Pacific is projected to grow at a significant rate during the projected period owing to growing demand from young women shoppers who like wearing accessories with their outfits irrespective of social status, and the huge population base is anticipated to drive the market growth in the region.

Key Players

The “Global Brooch Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Yiwu Duoyun Jewelry Co. Ltd, Haifeng Emilia Jewelry Co. Ltd, Yiwu Shilan Import&Export Co. Ltd, Guangzhou Keering Imp.& Exp. Co. Ltd, Dongguan City Aoyi Hardware Co. Ltd, SAN YEONG METAL INDUSTRIAL Co. Ltd, Ningbo L&B Import & Export Co. Ltd. The competitive landscape section also includes information about the above competitor’s key development strategies, market positioning analyses, and market share analyses on a global scale.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Brooch Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Brooch Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

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