In 2023, France led the European imitation jewellery market with a significant number of enterprises, showing a year-on-year growth of 7.29%. Italy and Poland saw declines of 4.89% and 2.97%, respectively, while countries like Hungary, Germany, and Croatia experienced substantial growth at 8.58%, 10.07%, and 20.34%. Smaller markets such as Austria and Bulgaria recorded significant increases in enterprise numbers at 17.33% and 12.47%. Most countries showed positive growth, with a few exceptions like Sweden and Denmark, which contracted slightly.
Future trends in the European imitation jewellery market may include increased digitalization and online sales growth. The rising demand for affordable luxury and fashionable accessories could spur further growth in emerging markets. Sustainable materials and ethical production processes could also become more influential, shaping enterprise strategies.
Top countries in Imitation Jewellery Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 10,180 | 2023 | +4.96% | +7.29% | View data |
| 2 | 2 Italy | 1,250 | 2023 | -3.83% | -4.89% | View data |
| 3 | 3 Hungary | 931 | 2023 | +3.56% | +8.58% | View data |
| 4 | 4 Lithuania | 886 | 2023 | +4.27% | +0.56% | View data |
| 5 | 5 Netherlands | 606 | 2023 | +1% | +2.95% | View data |
| 6 | 6 Germany | 530 | 2023 | +10.42% | +10.07% | View data |
| 7 | 7 Poland | 497 | 2023 | -1.58% | -2.97% | View data |
| 8 | 8 Portugal | 484 | 2023 | +7.8% | +3.02% | View data |
| 9 | 9 Croatia | 265 | 2023 | +2.32% | +20.34% | View data |
| 10 | 10 Sweden | 180 | 2023 | -1.1% | -3.13% | View data |
