“According to The Federal Trade Commission of the United States government, most platinum jewelry sold in the U.S. is 85% platinum and 15% other metals, either precious platinum group metals and/or base metals. Labels will look like this: 850Plat. = 85% pure platinum, 900Pt. = 90% pure platinum. For items containing between 50% and 85% pure platinum combined with other platinum group metals, marketers should state the amount of pure platinum and the amount of other platinum group metals. For example, 800 Pt. 200 Pd. = 80% pure platinum, 20% palladium, 750 Pt. 250 Rh. = 75% pure platinum, 25% rhodium, 600 Pt. 350 Ir. = 60% pure platinum, 35% iridium.”
According to the report, Improved Lifestyle in Emerging Economies
is one of the primary growth factors for the market. Changing Style Statement Fueled By Rising Disposable Income
is also expected to contribute significantly to the Minimalist Jewelry market. Overall, applications of Minimalist Jewelry, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Specialty stores, is boosting the Minimalist Jewelry market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Material, such as Platinum, is boosting the Minimalist Jewelry market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Men, is boosting the Minimalist Jewelry market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Minimalist Jewelry market identified that the demand is rising in many different parts of the world as "Increasing Disposable Income in Low and Middle-Income Countries
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Minimalist Jewelry market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Minimalist Jewelry market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Minimalist Jewelry market size is calculated using market estimation process, the Minimalist Jewelry market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Minimalist Jewelry market size has been validated using both top-down and bottom-up approaches.