Do You Know ‘Why’ Fashion Jewellery Is On An Unstoppable Rise In India?
In today’s India there has been a
sudden rise in popularity with regards to what is known as fashion jewellery or imitation jewellery. In fact, they have become the new toast of the creative Indian
jewellery market. Additionally, it has also found a healthy customer base in
other markets around the globe as well. Now, you might wonder as to ‘why’ a
phenomenon pertaining to this jewellery has gained popularity so soon, that too
in a country wherein traditional gold
jewellery has ruled the roost for centuries now. Here is then presenting
you a few critical reasons and they are as follows:
a. Change of
Customer’s Taste from Traditional to Imitation Jewellery:
We in India have truly entered what can be referred to
as the ‘Millennial Age’. What this also means is that unfortunately the buying
ability of a consumer now a days has decreased instead of increasing. As a
result of which, fashion jewellery
has become a real trend with people in this country otherwise obsessed with ‘Gold’. The fact that the young
generation no longer is has interested in investing in jewellery as compared to
the old has also played a major role. This has arisen simply due to the need
for individuals to be different, and follow one’s peers. It is also the fast
changing fashion trends that has resulted in this aversion towards any jewellery which is traditional. More
importantly, today’s fashionable jewellery can be adorned on any type of dress
unlike those precious jewellery thereby making it more popular.
b. The
increasing domestic demand for Imitation Jewellery:
It is obvious that ever since India has entered the ‘Age
of the Millennial’ that the demand for fashion jewellery has simply grown. Apparently,
according to a recent study research conducted by RNCOS, a popular industry
research and consultancy firm, the fashion jewellery market in 2014 was
supposed to have earned about Rs 8,000 crore.
The business supposedly further expanded by an annual growth rate 20% in
2018. As of today, with skyrocketing prices of gold and silver in the country it
is obvious that fashion trends with regards to jewellery adorning certainly
seems to be shifting towards the innovative like imitation rather than the
traditional.
c. The
arrival of ‘Digital Age’ has fastened the buying of Imitation Jewellery online:
It is the
‘Information and Technology Age’ that we are living in today, which means that
buying fashion jewellery has only
become a whole lot easier. As a matter
of fact, the rapid rise of e-commerce has led to all forms of jewellery such as
gold, silver, platinum, silver, and diamond being sold online. One such
example is a portal known as ‘Fashion Kida’ which provides for some of the most exquisitely crafted imitation jewellery such as necklaces and earrings. Some other items sold in this online marketplace include jewellery
pieces such Kundan, Gold Plated, Baroque
Beads, Shell Pearls, as well as a number of semi precious jewellery. So, if you intend to buy online imitation
jewellery that is sure to ‘Take Your Breath Away’, then come and enjoy shopping
with us at Fashion Kida.
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