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The potential tungsten wedding band market in China

Do you know what kind of people may prefer to buy tungsten wedding bands? The people who are born in 6os? No, the young people, who are now only 20- 30 years old. They are so fashionable and like to show their individuality so much. Commodity Online reports that the global economic meltdown is affecting the Chinese economy as well. According to Chinese government statistics released in the beginning of the year, only 35% of the 6.1 million students who will graduate from college this year will find a job. Marriage, and get the tungsten wedding band, not expensive, which apparently serves as a buffer from temporary unemployment, is becoming an appealing lifesaver among women in their senior year at university.

Matchmaking agencies across China are reportedly experiencing a sudden boom as a growing number of college seniors are signing up for their services. According to demographical statistics, babies born during a birth peak in China in the mid to late 1980s will be of marriageable age from 2009 to 2014. Then the will a large number of potential customers of buying tungsten wedding bands. With so many marriages predicted in the near future, the tungsten jewelry market is poised to enjoy the upcoming boom. Over ten million couples are expected to marry annually in China, which will undoubtedly boost sales of tungsten wedding bands. Reportlinker.com reports that the Chinese wedding jewelry market was valued at around $17 billion in 2008. The transition of part of the tungsten wedding bands business to the eCommerce market also indicates that the globalization trend for tungsten jewelry purchases is here to stay,providing the tungsten wedding band wholesale sector with additional drive.

According to the Reportlinker.com report, Chinese consumers are becoming increasingly fashionable concept and many of them are seeking ways to show their charm and unique life style,so they will choose tungsten wedding band as their most important jewelry in their lif.China will become the fifth largest holder of tungsten wedding bands in the world and has doubled its tungsten jewelry reserves since 2003.