Is there an increasing use of alternative materials in contemporary jewelry sector?
The article presents a concept of increasing use of alternative materials in contemporary jewelry sector. The design, process and execution of jewelry are keeping sustainability in mind which leaves minimal carbon footprint in the Nature.
What are the environmental problems in the jewelry industry?
Realizing it, several industrial sector have changed their production process and products in order to meet the environmental requirements. Aspects such as shortage of natural resources, increasing consumption and growing environmental pollution are problems that also impact the jewelry industry.
What is the share of branded jewelry in the watch market?
Branded items already account for 60 percent of sales in the watch market. While branded jewelry accounts for only 20 percent of the overall jewelry market today, its share has doubled since 2003 (Exhibit 1).
What is the future of branded jewelry?
By contrast, future growth in branded jewelry is likely to come from nonjewelry players in adjacent categories such as high-end apparel or leather goods—companies like Dior, Hermès, and Louis Vuitton—introducing jewelry collections or expanding their assortment.