NAICS 339914 - Costume Jewelry and Novelty Manufacturing
This U.S. industry comprises establishments primarily engaged in (1) manufacturing, engraving, chasing, and etching costume jewelry; and/or (2) manufacturing, engraving, chasing, or etching nonprecious metal personal goods (i.e., small articles carried on or about the person, such as compacts or cigarette cases). This industry includes establishments primarily engaged in manufacturing precious plated jewelry and precious plated personal goods.
Industry trends:
The Costume Jewelry and Novelty Manufacturing industry (NAICS 339914) is experiencing significant shifts influenced by consumer preferences, technological advancements, and sustainability trends. One notable trend is the increasing consumer demand for personalized and unique jewelry pieces. This customization trend is driven by the desire for individual expression and exclusivity, with manufacturers leveraging digital design tools and 3D printing technologies to cater to bespoke requests.
Sustainability is another critical factor shaping the industry. Consumers are becoming more conscious of the environmental impact of their purchases, prompting manufacturers to adopt eco-friendly materials and ethical sourcing practices. This shift towards sustainable fashion is expected to continue, with a growing emphasis on transparency and corporate social responsibility.
The integration of technology in both manufacturing processes and retail experiences is also notable. Augmented reality (AR) and virtual try-on features are enhancing the online shopping experience, making it easier for customers to visualize products before purchasing. Additionally, advancements in automated manufacturing are increasing efficiency and reducing production costs.
Looking ahead, the industry is forecasted to witness steady growth, with a surge in demand for innovative and high-quality costume jewelry. The emphasis on sustainability and personalization will likely drive further advancements in materials and production techniques. Companies that can adapt to these trends and leverage technology will be well-positioned to capitalize on the evolving market landscape.
This industry is comprised of:
Cases, jewelry, metal (except precious), manufacturing
Costume jewelry manufacturing
Engraving and/or etching costume jewelry
Jewelry, costume, manufacturing
Pearls, costume, manufacturing
Personal goods, metal (except precious), manufacturing
Watch bands, metal (except precious), manufacturing
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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