Global Precious Metal Plating Market (2021-2028)

Dublin, December 22, 2021 (GLOBE NEWSWIRE) – The “Global Precious Metal Plating Market Size, Share and Trend Analysis Report by Product (Gold, PGM), Application (Jewelry, Fashion Accessories) , region (APAC, North America), and Segment Forecasts, 2021-2028 “report has been added to ResearchAndMarkets.com offer.

According to the report, the global precious metal plating market size is expected to reach USD 312.01 million by 2028, with a CAGR of 6.1% during the forecast period. Jewelry and accessory design trends and the growing demand for precious metal jewelry through e-commerce platforms make the market lucrative.

The online platform has been one of the suitable portals for selling jewelry and fashion accessories due to the pandemic. The adoption of precious metals among young people and the rise of cross-border e-commerce have opened up lucrative growth opportunities for small and medium-sized businesses. For example, according to US-based software company Wedia, Internet traffic in France increased by 70% and social media usage by 61%, from March to April 2020. These statistics indicate an increase in activity online on e-merchant sites. The increase in e-commerce activity is expected to benefit the growth of the market in the long term.

The COVID-19 pandemic has caused significant volatility in global commodity prices. The pandemic has significantly affected the precious metals industry and resulted in lower demand and disruption in the supply chain and economic activities. The pandemic will depend on its severity and duration, but it looks like the crisis will have a lasting impact in the long term.

The pandemic has forced stores to remain closed, which has resulted in increased sales through online platforms. In the fourth quarter of 2020, a gradual increase in consumer spending on e-commerce platforms was observed, mainly due to products such as jewelry, accessories and fashion items. Therefore, an increase in online sales of luxury goods coupled with a significant shift in new fashion trends offers promising growth opportunities for the global market in the years to come.

Highlights of Precious Metal Plating Market Report

  • By commodity, gold is estimated to experience the second fastest CAGR of 6.2% during the projected period
  • The increasing popularity of gold and its visual appearance among different age groups has helped keep the positive momentum in terms of demand for gold plated jewelry.
  • Plated jewelry and related accessories are less expensive than pure gold jewelry; hence an increase in consumer preference for plated jewelry and increased sales of these through e-commerce channels is driving the growth of the segment
  • In terms of application, the jewelry segment dominated the market in 2020 and is expected to grow further at a stable CAGR from 2021 to 2028.
  • This growth can be attributed to the development of e-commerce channels and increased sales through these channels, as well as the growing acceptance of jewelry among men.
  • Led by the United States, North America occupies a leading position in the world market due to the increase in precious metals trading activity. According to the US Census Bureau, in mid-2020, the import of precious metals saw a sharp increase

Main topics covered:

Chapter 1. Methodology and scope

Chapter 2. Executive summary

Chapter 3. Precious Metal Plating Market Variables, Trends and Scope
3.1. Market overview
3.2. Mapping of penetration and growth prospects
3.3. Industry value chain analysis
3.4. Market dynamics
3.4.1. Market Driver Analysis
3.4.2. Analysis of market restrictions
3.4.3. Industry challenges
3.4.4. Industry opportunities
3.5. Business environment analysis
3.5.1. Industry Analysis – Porter’s
3.5.1.1. Supplier power
3.5.1.2. Purchasing power
3.5.1.3. Threat of substitution
3.5.1.4. New entrant threat
3.5.1.5. Competitive Rivalry
3.6. Market entry strategies

Chapter 4. Precious Metal Plating Market: Product Estimates and Trend Analysis
4.1. Analysis of product movement and market share, 2020 and 2028
4.2. Gold
4.2.1. Market Estimates & Forecasts, 2017 – 2028 (Tons, Million USD)
4.3. Silver
4.3.1. Market Estimates & Forecasts, 2017 – 2028 (Tons, Million USD)
4.4. Platinum Group Metals (PGMs)
4.4.1. Market Estimates & Forecasts, 2017 – 2028 (Tons, Million USD)

Chapter 5. Precious Metal Plating Market: Application Estimates and Trend Analysis
5.1. Analysis of application movement and market share, 2020 and 2028
5.2. Jewelry
5.2.1. Market Estimates & Forecasts, 2017 – 2028 (Tons, Million USD)
5.3. Fashion Accessories
5.3.1. Market Estimates & Forecasts, 2017 – 2028 (Tons, Million USD)

Chapter 6. Precious Metal Plating Market: Regional Estimates and Trend Analysis

Chapter 7. Competitive analysis
7.1. Key global players, recent developments and their impact on the industry
7.2. Categorization of key companies / competitions (key innovators, market leaders, emerging players)
7.3. Supplier landscape
7.3.1. List of raw material suppliers
7.3.2. List of major end users

Chapter 8. Company Profiles
8.1. Umicore
8.1.1. Company presentation
8.1.2. Financial performance
8.1.3. Comparative analysis of products
8.1.4. Strategic initiatives
8.2. Bluclad SpA
8.2.1. Company presentation
8.2.2. Financial performance
8.2.3. Comparative analysis of products
8.2.4. Strategic initiatives
8.3. Atotech
8.3.1. Company presentation
8.3.2. Financial performance
8.3.3. Comparative analysis of products
8.3.4. Strategic initiatives
8.4. MacDermid, Inc.
8.4.1. Company presentation
8.4.2. Financial performance
8.4.3. Comparative analysis of products
8.4.4. Strategic initiatives
8.5. METALOR Technologies SA
8.5.1. Company presentation
8.5.2. Financial performance
8.5.3. Comparative analysis of products
8.5.4. Strategic initiatives
8.6. COVENTYA International
8.6.1. Company presentation
8.6.2. Financial performance
8.6.3. Comparative analysis of products
8.6.4. Strategic initiatives
8.7. Italfimet
8.7.1. Company presentation
8.7.2. Financial performance
8.7.3. Comparative analysis of products
8.7.4. Strategic initiatives
8.8. Valmet Plating srl
8.8.1. Company presentation
8.8.2. Financial performance
8.8.3. Comparative analysis of products
8.8.4. Strategic initiatives
8.9. Krohn Industries, Inc.
8.9.1. Company presentation
8.9.2. Financial performance
8.9.3. Comparative analysis of products
8.9.4. Strategic initiatives
8.10. Gold plating services
8.10.1. Company presentation
8.10.2. Financial performance
8.10.3. Comparative analysis of products
8.10.4. Strategic initiatives
8.11. DuPont
8.11.1. Company presentation
8.11.2. Financial performance
8.11.3. Comparative analysis of products
8.11.4. Strategic initiatives

For more information on this report visit https://www.researchandmarkets.com/r/inef7


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