Wedding Ring Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Researchmoz added Most up-to-date research on "Wedding Ring Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" to its huge collection of research reports.
A wedding band or wedding ring is a finger ring which indicates that the person who is wearing the ring is married. It is typically made of metals such as gold, silver, or platinum, and traditionally is consisting of diamonds. Depending on the culture or tradition, a wedding ring is usually worn on the base of the right or left ring finger. Another indication of the cultural importance of wedding rings is that these are among the few items which visitors and prison inmates are permitted to wear. The double-ring ceremony defines the exchange of wedding rings for both spouses. In some of the European nations, it is common to exchange plain engagement rings of the similar form for both spouses, and usually, an additional and sometimes more precious wedding ring is given to the bride. Wedding rings are normally chosen together and the engagement is a matter of agreement between the two spouses. Both wedding and engagement rings are worn on the left or right hand depending on the tradition. In Austria and Germany, both spouses wear engagement rings on the left hand. In Germany, it is a tradition to wear a wedding ring for both the groom and the bride since long.
To Get Sample Copy of Report visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=1513083
The wedding ring market is expected to show sustainable growth in the coming years. The demand for wedding rings is anticipated to rise owing to improved lifestyle in emerging economies, increasing urban population, and rising number of middle class individuals in countries such as China and India, compelled companies to focus more on designing innovative and unique wedding rings which are made of gold, silver, platinum, or combination of these metals. Many individuals wear their wedding rings night and day, leading to an indentation in the skin which is visible even when the ring is removed. The difference in cultures and traditions in various regions such as North America, Asia Pacific, Europe, and Middle East, and Africa could hinder the growth of the wedding ring market. This is because in countries such as China, and India, there is no compulsion of wearing a wedding ring after marriage. Furthermore, the cost of the wedding or engagement ring might act as a restraint to the market. In addition, varying prices of gold, silver, and platinum might retard the growth of the wedding ring market in Asia Pacific region.
The wedding ring market is segmented by application, type, region, and end-user. On the basis of type, wedding rings are classified into gold wedding ring, platinum wedding ring, diamond wedding ring, and others. Platinum rings have significant share in the North America and Europe wedding ring market. Gold wedding rings hold a substantial share in the global wedding ring market. Based on application, the wedding rings market is segmented into engagement ring and wedding ring. On the basis of end-user, the market is segmented into men and women. In terms of region, the wedding ring market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Furthermore, these regions are subdivided into various countries such as the U.S., Canada, U.K., Germany, France, Italy, China, India, Japan, Australia, Saudi Arabia, South Africa, and Brazil.
Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/wedding-ring-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html#table-of-content
Some of the key players in the wedding ring market include Cartier, Tiffany, Chow Tai Fook, Chow Sang Sang, Lukfook, I DO, Mingr, Chow Tai Seng, Lao Fen Xiang, Harry Winston, LVMH, CHJ, CHJD, Yuyuan, TSL, David Yurman, Van Cleef & Arpels, Charles & Colvard and so on. Key players in the market regularly launch new designs in wedding rings to remain competitive. Furthermore, companies launch exciting offers to promote their products and adopt innovative marketing strategies to attract customers.
About ResearchMoz
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow me on @ https://marketsizeinfo.blogspot.in/