DUBLIN, February 11, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/96jxh2/global_cufflinks) has announced the addition of the "Global Cufflinks Market - Market Analysis 2015-2019" report to their offering.
The increasing online retailing drives the sales of cufflinks, and the market is expected to reach a CAGR of over 9.87% during the forecast period.
The rise in urbanization and per capita expenditure in developing countries also contribute to market growth. For instance, according to the Ministry of Statistics and Program Implementation, India's total disposable personal income grew by 5.7% and reached $2,097.23 billion in 2014. This rise in GDP led to an increase in purchasing power among consumers.
Varying customer preferences in terms of style, design, and comfort are fueling the demand for customized cufflinks globally. In response to the changing needs and demands of consumers, many manufacturers have introduced customized cufflinks, incorporating photos, monograms, and so on. The growing demand for customization is expected to drive the global cufflinks market in the forecast period.
According to the report, the growth in online retailing has contributed to market growth. There is also a newfound demand for customized cufflinks that incorporate photos and monograms. Newer product ideas have also refreshed the demand for cufflinks.
Further, the report states that as this is a niche market, competition is rife among vendors and often results in price wars.
- Louis Vuitton
- Paul Smith
- Dolce & Gabbana
- Giorgio Armani
- Hugo Boss
- Ralph Lauren
Key Topics Covered:
Part 1: Executive summary
Part 2: Scope of the report
Part 3: Market research methodology
Part 4: Introduction
Part 5: Market landscape
Part 6: Market segmentation by product
Part 7: Market segmentation by retail format
Part 8: Market segmentation by geography
Part 9: Key leading countries
Part 10: Market drivers
Part 11: Impact of drivers
Part 12: Market challenges
Part 13: Impact of drivers and challenges
Part 14: Market trends
Part 15: Vendor landscape
Part 16: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/96jxh2/global_cufflinks
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