Global Luxury Cufflink Market Overview:
Luxury Cufflink market is expected to grow in the future due to changing lifestyles, increasing fashion consciousness, and growing demand for luxury goods and accessories. Cufflinks are items of jewelry that are used to secure the cuffs of dress shirts or for fastening shirt cuffs closed. The front sections of the cufflinks can be decorated with gemstones, inlays, inset material, or enamel and designed in two or three-dimensional forms. Availability of Customised Cuffies is trending in the market. Some of the players profiled in the study are Dior (France), Bulgari (Italy), Guccio Gucci (United States), Hermès International S.A. (France), Ralph Lauren (United States), Louis Vuitton Malletier (France), Boucheron (France), Cartier (France), Pranga & Co. (Canada) and Happy Winston (United States).
On the basis of geography, the market of Luxury Cufflink 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). If we see Market by Shape, the sub-segment i.e. Square will boost the Luxury Cufflink market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Luxury Cufflink market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- A Rapid Increase in the Jewelry and Fashion Industry across the Globe
- Growing Demand for Luxurious Goods & Accessories among People
Influencing Trend
- Consumers Shift towards Customization of Cufflinks
Restraints
- High Cost Owing to Precious Metals and Gems
Opportunities
- Rising Popularity of Gold and Silver Cufflinks among Professionals
Challenges
- On October 29, 2018, Pranga & Co. has introduced the world’s first-ever real banknotes in the design of cufflinks. The initial release of the "Numis Collection" series features banknotes from over a dozen countries including Canada, Sweden, France, and Ireland.
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined synergies.
Target Audience:
Cufflinks Manufacturers, Jewelry and Fashion Brands, Raw Material Suppliers, Distributors/Suppliers, Potential Investors and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Luxury Cufflink market on the basis of product [Gold Cufflinks and Silver Cufflinks] , application [Office Occasions, Banquet Occasions and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Luxury Cufflink market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Luxury Cufflink industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Georgjensen (Denmark) and Mikimoto(United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Luxury Cufflink market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.