Trending...
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- WebGlobals Launches Digital Marketing Growth System for Aussie Handyman
NEW YORK - AussieJournal -- According to a new in-depth jewelry market statistics study by CWC, the average American spends $78.14 on jewelry each year. The amount translates into 2.9 work hours worth of jewelry. Interestingly, the average household jewelry expenditure is significantly higher at $434.3.
Key Jewelry Market Demographic Findings
More on Aussie Journal
In addition to age groups, the study also uncovered the most frequent jewelry buyers categorized by gender, marital status, and country.
More on Aussie Journal
About CWC
Classy Women Collection (CWC) is an affordable fashion company in the women's jewelry and accessories industry. At CWC, women aren't just customers; they are family and deserve the best. Since its establishment in 2017, CWC has launched hundreds of products ranging from anklets to bracelets, including a new necklace collection with 500 different styles and looks. It operates side-by-side with its counterpart Classy Men Collection. As a result, CWC and CMC form a unique organization accomodating to women's and men's fashion needs around the globe.
Press Contact:
info@classywomencollection.com
- In 2020, the average American jewelry expenditure fell 35% compared to the previous year, suggesting companies across the jewelry market felt the impacts of the pandemic.
- Millennials spend an average of $203 on jewelry every year in the United States. The average millennial spends 157.9% more on jewelry than the average American. Although millennials account for 23% of the total world population, they make up 57% of all jewelry expenditure globally.
- The largest spenders are found in Gen X (45-54 age group), where the average person spends a whopping $304.6 on jewelry each year.
Key Jewelry Market Demographic Findings
More on Aussie Journal
- Cover Girl Finalist Teisha Mechetti Questions Legitimacy of Inked Originals Competition, Demands Transparency
- Who to Call When Floods Strike Melbourne: Victoria Hygiene, 24/7
- Easton & Easton, LLP Files Suit Against The Dwelling Place Anaheim & Vineyard USA Over Abuse Allegations
- AI Visibility: The Key to Beating Google's AI Overviews and Regaining Traffic
- Stuck Doing Math or Figuring Out Life's Numbers? Calculator.now Makes It Stupidly Simple
In addition to age groups, the study also uncovered the most frequent jewelry buyers categorized by gender, marital status, and country.
- 56% of women have bought some jewelry during their lives, as opposed to 46% of men, suggesting women buy more jewelry than men.
- 55% of all jewelry purchases are made by married people, while single individuals account for 30% and people in a relationship only 12%.
- Hong Kong leads the world with $1288.4 of annual jewelry revenue generated per capita. Singapore and the United States follow Hong Kong at $439.6 and $187.4, respectively.
More on Aussie Journal
- Colbert Packaging Announces WBENC Recognition
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
About CWC
Classy Women Collection (CWC) is an affordable fashion company in the women's jewelry and accessories industry. At CWC, women aren't just customers; they are family and deserve the best. Since its establishment in 2017, CWC has launched hundreds of products ranging from anklets to bracelets, including a new necklace collection with 500 different styles and looks. It operates side-by-side with its counterpart Classy Men Collection. As a result, CWC and CMC form a unique organization accomodating to women's and men's fashion needs around the globe.
Press Contact:
info@classywomencollection.com
Source: Classy Women Collection
0 Comments
Latest on Aussie Journal
- BIYA Forecasts 2025 Surge with ¥300M ($41.8 M USD) in Revenue and ¥25M Profit from Cloud Based HR Solutions: Baiya Intl. Group (N A S D A Q: BIYA)
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
- Melissa B. Releases Digitally Independent: Empowering Music Artists with AI and Brand Strategy
- Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
- A consortium of investors purchases the specialised plastic fabrication business, Viking Plastics
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- Bach and Beyond: Cellists Return to the Beach for 2nd Annual Bethany Beach Cellofest
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses
- Transform Your Home Comfort with the Daikin US7 – Professionally Installed by Melbourne Aircon
- WebGlobals Launches Digital Marketing Growth System for Aussie Handyman
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- ABN or TFN? Nanak Accountants Clarifies Australia's Tax Identity System for Workers and Business
- ATO Reminds Australians to Get WFH Tax Claims Right, Nanak Accountants Offers Expert Support
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient