SINGAPORE, July 19 (Bernama-BUSINESS WIRE) -- Global Market Research Company Euromonitor International released today 2016 personal accessories data.
According to the new research, jewellery is the best performing personal accessories category with sales worth US$ 316 billion in 2016. It is also the fastest growing segment within the personal accessories industry with 3 percent growth between 2015 and 2016. Jewellery, that includes both costume and fine jewellery, experienced 15 percent year-on-year growth of internet retail sales, reaching US$ 19 billion in 2016, up from US$ 9 billion in 2011. Interestingly, the 16 percent growth of internet retailing for fine jewellery is higher than the growth of internet retailing for costume jewellery at 12 percent, as more fine jewellery players go online.
According to the new research, jewellery is the best performing personal accessories category with sales worth US$ 316 billion in 2016. It is also the fastest growing segment within the personal accessories industry with 3 percent growth between 2015 and 2016. Jewellery, that includes both costume and fine jewellery, experienced 15 percent year-on-year growth of internet retail sales, reaching US$ 19 billion in 2016, up from US$ 9 billion in 2011. Interestingly, the 16 percent growth of internet retailing for fine jewellery is higher than the growth of internet retailing for costume jewellery at 12 percent, as more fine jewellery players go online.
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