The market is dominated by domestic suppliers, as imports account for 46.0% of total market size in 2023. B2B drives market demand, with B2B spending representing 87.4% of total demand in 2023. India has the third largest market size for imitation jewellery, brushes and other personal items regionally, with demand reaching USD20.8 billion in 2023. The total number of companies decreases in 2023, to 3,854,909 units. The costs of the industry increase by 0.7% in 2023, largely driven by rising labour costs. The industry’s profitability increases and stands at 37.1% of production value in 2023, the third highest regionally. The industry’s exports share decreases in 2023 to 33.6% of total production output. With production value of USD20.0 billion, India accounts for 10.0% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Imitation Jewellery, Brushes and Other Personal Items in India: ISIC 3699. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Imitation Jewellery, Brushes and Other Personal Items in India: ISIC 3699 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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