China Shipped Out Close to US$650 Million Worth of Costume Jewelry in the 10 Months to October 2005, Giving a Year-On-Year Growth of more than 50 Percent
[Press Release] Business Wire via Yahoo! Finance
DUBLIN, Ireland–(BUSINESS WIRE)–Feb. 23, 2006–Research and Markets (http://www.researchandmarkets.com/reports/c33515) has announced the addition of the Global Sources’ China Sourcing Report: Costume Jewelry to their offering.
China’s costume jewelry export industry has been experiencing steady growth over the past couple of years. The country shipped out close to US$650 million worth of costume jewelry in the 10 months to October 2005, giving a year-on-year growth of more than 50 percent. Export sales were even 20 percent higher than total shipments in 2004.
China is home to more than 5,000 manufacturers of costume jewelry. Robust export growth has encouraged many new suppliers to join the line and the supplier base continues to grow. China’s 5,000 costume jewelry manufacturers produce about half the world’s supply. The industry is currently increasing at a rate of better than 50% per year. However suppliers in China are facing numerous challenges that are going to impact your sourcing ability in the months ahead, including higher raw material costs and intensifying competition.
Lured by the low-entry barrier and high growth prospects, more companies continue to join the industry. Existing companies are also expanding production capacity and improving their facilities to meet the surging demand.
How can you find new, cost-effective opportunities – and stay ahead of your competitors? With profiles of 61 major costume jewelry suppliers and a gallery of 153 popular export products, this report will show you how to do the job right.
What You Will Get
• Deep profiles of 15 major suppliers that offer details on manufacturing capabilities, quality control procedures, future development plans and more. Based on personal factory tours and interviews with senior managers, this information is available nowhere else
• Profile tables of 46 additional suppliers, with key information such as production capacities, key export markets and main machinery installed
• A Product Gallery featuring 153 of the most popular export models, with key specifications and full-color pictures
• The results of the latest supplier survey, summarizing price, product, production and R&D trends for the next 12 months
• This report covers the following types of costume jewelry: bracelets & anklets, chokers & necklaces, earrings, rings, and brooches
How You Will Benefit
• Shortlist manufacturers using easy-to-compare profile tables that highlight main export markets, in-house capabilities, capacity utilization and product focus
• Select companies with in-house mold-making, electroplating and material testing facilities
• Discover the benefits of sourcing from the different production hubs, including Shandong, Guangdong and Zhejiang provinces
• Find out how you can profit from the enhanced R&D capabilities of suppliers in Taiwan
• Get full company contact details, including phone numbers, e-mail addresses and website URLs
