What is Choker Market?
A choker is a neck tight Necklace, it is a tight-fitting choker worn as a fashion trend that started in the '90s and is reoccurring. A choker is a form of jewelry worn suspended around the neck. It is most generally made in flexible forms, for example, a chain, as a string of beads, pearls, gemstones, or other regular materials, or made of a more inflexible band of metal embellished with gemstones, pearls, beads, or other techniques such as engraving, filigree, repoussé, granulation, The durability of jewelry like chokers made of metal, glass beads, or gemstones provides an opportunity to appreciate and understand the technology, cultural practices, artistry, and aesthetics of other cultures and distant time periods. Choker Necklace is extremely straightforward yet stylish worn in the neck by ladies across the globe. Numerous Hollywood and Bollywood big names wore Choker neckbands to look the stylish best at well-known occasions is booming the demand for it in the market.
The market study is being classified by Type (Gold Metal Chokers, Studded Chokers, Ajrak Chokers and Others), by Application (Occasional and Others) and major geographies with country level break-up.
H&M (Sweden), ZARA (Spain), Forever21 (United States), ASOS(United States), TOPSHOP (United Kingdom), Urban Outfitters (United States), Stradivarius (Spain), Bershka(Spain), Are You Am I(United States) and Vanessa Mooney(United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Choker market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Choker market by Type, Application and Region.
On the basis of geography, the market of Choker has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The rise in urbanization has resulted in changing consumer behavior related to accessories, and the growing female population is one of the major driving factors of the growth
Market Trend
- The increase in cross-cultural designs is one of the latest trends that is gaining popularity for Choker
Restraints
- Substituted availability for the Choker
Opportunities
- growth-enhancing factors such as the growing number of digital buyers is booming the growth opportunities
Challenges
- Fluctuated price of raw material
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Choker Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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