The global Bead Products market garnered revenue around USD 32.9 Billion in 2019 and projected to reach USD 59.7 Billion in 2027, with at a compound annual growth rate of 7.80% throughout the estimate period from 2020 to 2027.
The global bead products market is on the course to witness a considerable growth during the forecast period. The demand for bead products, particularly in the past decade has increased at a rapid pace and the trend is likely to continue over the assessment period, owing to the widening application of bead products. In the current scenario, bead products are extensively used in different products, including home décor, jewelry, pet items, models, and accessories. Bead products continue to gain attention from craftsmen and jewelers across the world, owing to the entry of an array of innovative bead designs made from different materials.
In addition, the advent of the do it yourself (DIY) trend that is largely gained popularity, due to social media platforms, including Pinterest, Instagram, and Facebook is another factor that is expected to boost the adoption of bead products in the upcoming years.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Bead Products market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Bead Products market growth.
The global Bead Products market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
• African Crafts Market
• Alamy Ltd.
• BeadforLife
• Earth Africa Curio
• Global Village Gifts
• Indego Africa
• Kenya Crafts
• Naushad Trading Company (NTC) Limited
• The Kenyan Craft Company
• WorldCrafts
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global Bead Products Market: Segmentation
Bead Products Market, by Product Type
• Home Décor
o Bowls & basket
o Box
o Coasters
o Beaded Cutlery
o Coffee Mugs
o Table Accessories
o Others
• Jewelry
o Necklace
o Bangles & bracelets
o Earrings
o Ring
o Pendent
o Others
• Accessories
o Bags
• Laptop Bags
• I-pad Bag
• Mobile Phone Bag
• Clutches
• Purses
o Hair Accessories
o Key Chain
o Others
• Pet Item
o Pet Leash
o Pet Collars
• Models
o Dolls
o Pottery
o Animal Figurines
• Holiday Ornaments
• Others
Bead Products Market, by Bead Type
• Powder Glass Beads
• Crystal Beads
• Metal Beads
• Natural Beads
o Wood
o Bone
o Stones
• Others
Bead Products Market, by Bead Shape
• Round
• Oval
• Cube
• Cuboid
• Others
Bead Products Market, by Bead Size
• Less than 0.5 mm
• 0.5 mm - 1 mm
• More than 1 mm
Bead Products Market, by Price
• High
• Medium
• Low
Bead Products Market, by Category
• Mass
• Premium
Bead Products Market, by End User
• Individual
• Corporate
Bead Products Market, by Distribution Channel
• Online
• Offline
o Trade shows & Fairs
o Large Retail Formats
o Small Retail Formats
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
• North America
? U.S.
? Canada
• Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
• Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
• Central & South America
? Brazil
? Argentina
? Rest of Central & South America
• Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA