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Technavio Research: Online Jewelry Market to Grow by $ 19 88 bn During 2020-2024 | Industry Analysis, Market Trends, Market Growth, Opportunities, and Forecast 2024

(1) Technavio has been monitoring the online jewelry market and it is poised to grow by 19.88 bn during 2020-2024, progressing at a CAGR of over 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201222005263/en/ Technavio has announced its latest market research report titled Global Online Jewelry Market 2020-2024 (Graphic: Business Wire) Click Get Free sample report in minutes Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the online jewelry market. The mark

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Online Jewelry Market to Grow by $ 19 88 bn During 2020-2024 | Industry Analysis, Market Trends, Market Growth, Opportunities, and Forecast 2024 | Technavio

Online Jewelry Market to Grow by $ 19 88 bn During 2020-2024 | Industry Analysis, Market Trends, Market Growth, Opportunities, and Forecast 2024 | Technavio
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The Coronavirus-Era Shopping Response to a Downturn: Trade Up

Shoppers have a new mantra this year: Treat yourself. Stuck at home and spending far less on travel, experiences and dining out, consumers are trading up on everything from designer handbags to diamond jewelry, according to industry executives and market-research firms. The splurging defies the norms of past economic downturns, when consumers traded down to less-expensive items. And it isn’t only the well-off taking part. Less-affluent shoppers are buying items like premium spaghetti sauce or salon-worthy shampoo that was previously out of reach or thought to be not worth the price before the coronavirus pandemic forced people to curtail activities and isolate.

United statesNew yorkEast hamptonSan franciscoMarshal cohenSarah johnsonRoy cohenErwan rambourgYves saint laurentLouis vuittonEvan angelastroGeoffroy van raemdonckKrishnakumar daveyMarc metrickSuzanne kapnerNational retail federation