Global Finger Ring Market Overview:
Finger Ring is a round metal band worn as a jewelry. It can be made of gold, silver or platinum. The people wear it as an ornament or the display of wealth. The ring is also the symbolic function of marriage and worn on the left hand in some countries. Due to the rise in disposable income and its uses in functions such as marriage there is rise in demand of the product.
- Changing Style Statement Fueled by Rising Disposable Income
- Emphasizing on Innovative Designs for Finger Ring
- Increasing Demand from Fashion Industry
- Improved Lifestyle in Emerging Economies
- Increasing Demand for Customized Finger Ring
- High Cost Associated with Finger Rings
- Limited Raw Materials Available
- Increasing Disposable Income in Low and Middle-Income Countries
- Increasing Online Market for Jewelry
- Rising Focus Among Millennial
- Lack of Acceptance in Low Income Group
- Fluctuating Raw Material Prizes
Some of the key players profiled in the report are Tiffany&Co (United States), Cartier (France), Bvlgari (Italy), VanCleef&Arpels (France), Harry Winston (United States), DERIER (France), Damiani (Italy), Boucheron (France), MIKIMOTO (Japan) and SWAROVSKI (Europe). Additionally, following companies can also be profiled that are part of our coverage like Lukfook (Hong Kong), Chowtaiseng (China), Yuyuan (China), Kimberlite (United States), Chow Tai Fook (Hong Kong) and Laofengxiang (China). Analyst at AdvanceMarketAnalytics see United States, France Vendors to retain maximum share of Global Finger Ring market by 2024. Considering Market by Distribution, the sub-segment i.e. Online Store will boost the Finger Ring 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**
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Research Methodology:The top-down and bottom-up approaches are used to estimate and validate the size of the Global Finger Ring market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Finger Ring market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies, Organisations and Forums.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.