Research and Markets (http://www.researchandmarkets.com/research/62305f/philippines_sourci) has announced the addition of the "Philippines Sourcing Report: Fashion Jewelry" report to their offering.

Fashion Jewelry from the Philippines...

The Philippines is among the leading suppliers of handcrafted fashion jewelry made of natural materials in Asia. Makers offer pieces with exquisite craftsmanship and unique designs. Fashionable and reasonably priced, Philippine-made jewelry has gained a following in the international market.

Other factors that have contributed to the country's success in the line are its skillful workers and designers, a trainable workforce and the abundance of shell and wood, guaranteeing a steady supply of raw materials.

This exclusive report answers key industry questions such as:

- Which suppliers can offer you the best products, at the best prices?

- What are the newest products available in the market?

- What are the latest design and material innovations?

- What are the issues affecting export prices?

With profiles of 28 confirmed export manufacturers, a comprehensive industry overview and detailed product and pricing information, this report will answer these questions, and more.

What you'll get

- In-depth profiles of 18 major suppliers with a comprehensive look at their product and pricing strategy, manufacturing and export capability, verified contact details, and more. This information is not available anywhere else

- Profile tables of 10 additional suppliers, with key information such as production capacities, export capabilities and key export markets

- 111 full-color images that depict popular fashion jewelry exports, complete with product descriptions, prices, minimum order requirements and delivery times

- Results of the custom-designed supplier survey, which forecasts industry trends for the next 12 months

- Verified supplier contact details, including names, e-mails, telephone numbers and websites of profiled makers

- This report covers the six major types of fashion jewelry produced in the Philippines: necklaces, bracelets, earrings, rings, brooches and jewelry sets

Philippine-made fashion jewelry has gained a following in the international market, due mainly to its exquisite craftsmanship and unique designs.

The creative use of indigenous materials, as well as low minimum order requirements have enabled the Philippines to become one of the top five exporters in Asia for this line. In addition, the country possesses an abundance of shell and wood, guaranteeing a steady supply of raw materials.

In 2006, the Philippines exported more than US$62 million worth of fashion jewelry, a slight increase over 2005. However, this represented a growth of 33 percent over 2004. Overseas shipments are expected to increase further as worldwide demand for reasonably priced handcrafted jewelry continues to rise.

However, suppliers in the Philippines are treading with cautious optimism as various challenges continue to threaten their margins. Rising raw material costs, an appreciating peso and intensifying competition from other countries in Asia are among the main industry issues.

Most suppliers are taking a number of steps to alleviate these problems. Some, for example, are increasing their focus on design development to maintain an edge over competitors. New models from these suppliers are made of unique materials and feature innovative and intricate designs. Many suppliers are also exploring export markets other than the US and Europe as they try to boost overseas sales.

The following are some of the key trends we see in the Philippines' fashion jewelry industry:

- Exports in the line are expected to rise moderately in 2008, with increased demand coming mainly from Europe, specifically Germany and France. Suppliers are also establishing new export markets in Asia.

- Companies will continue to release low-end to high-end designs instead of focusing on just one market segment.

- In the next 12 months, suppliers will focus R&D efforts on creating designs that incorporate less expensive materials to bring down costs.

- Many companies will increase export prices by Q3 2008 as raw material and operating costs continue to escalate. However, suppliers will keep price increase between 5 and 10 percent to remain competitive.

Companies Mentioned:

In-depth profiles

- Anjo Accessories Inc

- Blue Planet Inc

- Cebu Pinocrafts International Inc

- Dam Good Stuff Inc

- Ecstasy Fashion Accessories Inc

- Extreme Design Export Trading

- Fil Moda Handicrafts Export

- Gratchi Fashion Internationale

- Heldred Export International

- Ibaan Craft Philippines Inc

- JT Multicraft.

- Keymart Philippines

- La Luna Trading Exports

- Linda Colin Creation

- Timeless Gifts N Fashion Accessories

- Vamika Inc

- W. Wesley International Trading Corp

- Zuleika International

Short profiles

- Asian Gift Products

- Asiana Export-Import Corp

- Austolia Jewelry Arts

- Beadaholic Inc

- Bliss Accessories Corp

- Cathy’s Handicraft

- EarthWorks Fashion Accessories Corp.

- Fanciful Joy Corp

- Indian Summer Gifts and Accessories

- Simply Penny Jewelry Inc