In 2023, the imitation jewellery turnover in France stood at 339.9 million euros. The market experienced fluctuations over the past decade, peaking in 2014 at 541.5 million euros, followed by a general decline with occasional upward movements. Year-on-year variations reflect this with significant drops and moderate rebounds. Recent years show a consistent decrease: -2.78% in 2022, and -2.83% in 2023. The five-year CAGR up to 2023 is at -0.95%, while the forecasted five-year CAGR from 2024 to 2028 is -2.59%, indicating a sustained declining trend.
Future trends to watch for:
- Emerging markets for imitation jewellery and changing consumer preferences.
- Impact of economic conditions and disposable income on the industry.
- Technological advancements in production and new materials.
- Sustainability practices and eco-friendly products gaining consumer traction.
