In 2022, the global costume jewelry market has an estimated value of $37 billion. Costume jewelry is a prominent part of the fast fashion industry, which offers ready-to-wear designs and styles to keep up with current trends. But while costume jewelry was once thought of as cheap and poor quality, it has since been elevated to a higher standard.

Jewelry has always been a popular gift for a loved one, and there never seems to be a shortage of new earrings or necklaces on the market. It's estimated that the global luxury jewelry market will reach $40.19 billion by 2031. Yet, finding the perfect new jewelry is tricky when there are so many options. If this is your first time buying luxury jewelry, then don't worry. We've got you covered!