Natural diamond jewelry sales worldwide in 2024 are forecast to amount to 72 billion U.S. dollars. Meanwhile, it is forecast that global nominal lab diamond jewelry sales will amount to 18 billion U.S. dollars in total in 2024, of which seven billion U.S. dollars are expected to be incremental sales, meaning that they are sales that do not displace natural diamond sales.

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Diamond Jewelry Market Size 2025-2029

The diamond jewelry market size is forecast to increase by USD 18.77 billion, at a CAGR of 3.2% between 2024 and 2029.

The market is driven by innovation in design and manufacturing technology, which continues to shape consumer preferences and expectations. This technological advancement enables the creation of unique and intricate pieces, catering to diverse customer demands. Furthermore, the increasing adoption of omnichannel strategies by jewelry retailers is transforming the market landscape. By integrating online and offline channels, businesses can reach a wider audience and provide a seamless shopping experience. However, the market faces challenges as well. The presence of counterfeit products in the e-retailing space poses a significant threat to market integrity and consumer trust. Companies must invest in robust authentication technologies and collaborate with e-commerce platforms to mitigate this issue.
In summary, the market is characterized by innovation and omnichannel strategies, while the challenge of combating counterfeit products requires continuous attention and investment. Companies that effectively navigate these dynamics and maintain a strong focus on consumer experience will be well-positioned for growth.

What will be the Size of the Diamond Jewelry Market during the forecast period?

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The market continues to evolve, with dynamic shifts influencing various sectors. Statement jewelry, once a niche category, has gained prominence, offering consumers unique and eye-catching pieces. Simultaneously, jewelry insurance has emerged as a crucial component, safeguarding investments in fine jewelry. Edwardian jewelry, with its intricate designs and timeless elegance, remains a popular choice for collectors and enthusiasts. Meanwhile, costume jewelry, known for its affordability and versatility, caters to a broader audience. Jewelry manufacturers innovate, integrating lab-grown diamonds into their offerings, providing sustainable alternatives to traditional mining methods. Sustainable jewelry, with its ethical sourcing and eco-friendly practices, is another growing segment.

Bridal jewelry, a significant market, showcases diverse styles, from classic solitaires to intricate halo settings, pavé and bezel settings, and more. Luxury jewelry, synonymous with craftsmanship and exclusivity, continues to captivate consumers. Jewelry authentication, a critical service, ensures the authenticity and value of precious pieces. Online jewelry retailers offer convenience, while retail jewelry stores provide a tactile shopping experience. Jewelry design trends shift, with minimalist jewelry gaining popularity, while antique and vintage pieces maintain their allure. Custom jewelry, with its personalized touch, adds to the market's diversity. Jewelry care, appraisal, repair, and cleaning services ensure the longevity of jewelry investments.

Precious metals, diamonds, and other materials undergo rigorous grading and certification processes, ensuring quality and transparency. The market, with its continuous unfolding, offers a rich tapestry of evolving patterns and applications. From engagement rings and wedding bands to fashion-forward pieces, the market's dynamism reflects the enduring appeal of jewelry.

How is this Diamond Jewelry Industry segmented?

The diamond jewelry industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product Type

  Rings
  Necklaces
  Earrings
  Bangles
  Pendants


Distribution Channel

  Specialty stores
  Department stores
  Discounters
  Online retailers
  Others


Type

  Natural
  Lab-grown


End-User

  Women
  Men
  Unisex


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

.

By Product Type Insights

The rings segment is estimated to witness significant growth during the forecast period.

The market encompasses various segments, including rings, earrings, pendants, and bracelets. Among these, the rings segment holds the largest market share, with numerous companies catering to the demand for engagement, wedding, and fashion rings. Brands like Harry Winston, Tanishq, and Malabar Gold and Diamonds offer an extensive range of diamond rings in different designs and patterns. The luxury segment is witnessing significant growth as companies target high-end customers with premium offerings. Fo

This statistic depicts the global diamond value growth from production to retail in 2011 and 2012. In 2011, the value of global rough diamonds increased from 15 billion to 24 billion U.S. dollars after they were polished for jewelry.

The global market size of Jewelry Diamond is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Jewelry Diamond Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Jewelry Diamond industry. The key insights of the report:
1.The report provides key statistics on the market status of the Jewelry Diamond manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Jewelry Diamond industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Jewelry Diamond Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Jewelry Diamond as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Jewelry Diamond market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

As of 2018, ** percent of Millennial jewelry consumers in the United States said that they were aware of the existence of lab-grown diamonds. In 2018, the total global lab-grown diamond jewelry market was valued at approximately *********** U.S. dollars.

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Diamond Market Size 2024-2028

The diamond market size is forecast to increase by USD 42.72 billion, at a CAGR of 8.09% between 2023 and 2028.

The market is experiencing significant growth, driven primarily by the increasing demand for diamond jewelry, particularly for engagement and wedding rings. This trend is fueled by cultural traditions, societal norms, and the desire for luxury and self-expression. Additionally, the emergence of synthetic diamonds in various applications, such as industrial and consumer electronics, is expanding the market's scope and potential. However, the market faces challenges, including the presence of counterfeit products in the e-retailing space. This issue undermines consumer trust and poses a threat to market integrity.
Companies must prioritize authenticity and transparency to mitigate the risks and maintain a strong market position. To capitalize on opportunities and navigate challenges effectively, market participants should focus on innovation, quality, and ethical sourcing. By addressing these factors, they can differentiate themselves and build lasting customer relationships.

What will be the Size of the Diamond Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, with dynamic interplays between various sectors shaping its landscape. Diamond engagement rings remain a significant application, with GIA certification playing a crucial role in ensuring transparency and trust. Simultaneously, diamond auctions provide a platform for buying and selling polished and rough diamonds, influencing market prices. The 4Cs of diamonds - carat weight, color, clarity, and cut - remain the benchmark for evaluating diamond quality. However, the advent of technology has led to advancements such as irradiation treatment, polishing wheels, and blockchain technology, enhancing diamond certification and traceability. Irradiation treatment alters the diamond's color, while polishing wheels refine its shape.

Blockchain technology offers enhanced transparency and security, ensuring ethical sourcing and traceability. Retail markups vary, with luxury goods commanding premium prices. Meanwhile, the rough diamond sector undergoes continuous transformation, with mining, processing, and value assessment shaping its market dynamics. Rough diamonds are cut and polished to create stunning jewelry pieces, such as earrings, pendants, and bracelets. Investment-grade diamonds attract investors, with conflict-free diamonds gaining popularity due to ethical considerations. Synthetic diamonds, including lab-grown and cultured diamonds, challenge the traditional market, offering cost-effective alternatives. Diamond Mining equipment and processing technologies continue to advance, enabling efficient extraction and refinement. The market's continuous evolution reflects the interplay between technology, consumer preferences, and industry trends.

How is this Diamond Industry segmented?

The diamond industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Jewelry making
  Industrial applications


Type

  Natural
  Synthetic


Mining Method

  Open Pit
  Underground
  Alluvial
  Marine


Cut/Shape

  Round Brilliant
  Princess
  Cushion
  Emerald
  Oval
  Pear
  Marquise
  Asscher
  Radiant
  Heart


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Application Insights

The jewelry making segment is estimated to witness significant growth during the forecast period.

The market experiences significant growth due to the expanding middle class and their increasing disposable income. This economic shift enables consumers to invest in luxury goods, particularly diamond jewelry. The desire for personal accessories, coupled with evolving lifestyles and urbanization, fuels innovation among manufacturers, resulting in unique designs to attract customers. Key entities shaping this market include diamond mining equipment for extracting rough diamonds, cultured diamonds for ethical sourcing, and diamond certification bodies like GIA and IGI ensuring authenticity and quality. Polished diamonds are then cut and graded based on the 4Cs – carat weight, color, clarity, and cut – before being transformed into various jewelry pieces such as engagement rings, earrings, pendants, and bracelets.

Diamond auctions and wholesale platforms facilitate t

The global diamond engagement ring market is a substantial and dynamic sector, projected to experience consistent growth throughout the forecast period (2025-2033). While precise market size figures are unavailable, industry analyses suggest a current market valuation in the billions, given the high value of individual rings and the significant number of engagements annually. A Compound Annual Growth Rate (CAGR) of, let's assume, 5% is a reasonable estimate, considering factors such as increasing disposable incomes in emerging markets, evolving consumer preferences towards personalized jewelry, and the enduring cultural significance of diamond engagement rings. Key drivers include rising affluence, particularly in Asia-Pacific regions, a burgeoning millennial and Gen Z population entering marriageable ages, and successful marketing campaigns associating diamonds with love and commitment. Trends point towards a growing preference for ethically sourced diamonds, lab-grown diamonds as a more sustainable alternative, and unique, bespoke designs reflecting individual tastes. However, potential restraints include economic downturns impacting discretionary spending, fluctuating diamond prices due to global supply chain disruptions, and increasing awareness of environmental and social impacts associated with traditional diamond mining. The market segmentation likely includes variations based on diamond quality (carat, clarity, color, cut), metal type (platinum, gold, etc.), ring style, and price point. Major players like Tiffany & Co., Chow Tai Fook, Bvlgari, and independent jewelers like DR Corporation Limited and BAUNAT compete across these segments, each leveraging brand recognition, design innovation, and strategic marketing to capture market share. The competitive landscape is fiercely contested, with established luxury brands vying for market dominance alongside emerging online retailers offering direct-to-consumer models and greater price transparency. Regional variations in market size and growth are expected, reflecting cultural nuances, purchasing power, and local economic conditions. North America and Asia-Pacific are likely to remain significant regional markets, while Europe and other regions also contribute substantially. Future growth will likely depend on the success of brands in adapting to shifting consumer preferences, embracing sustainable practices, and effectively engaging younger demographics through digital marketing and personalized experiences. The market’s long-term health hinges on the continuous evolution of design, the adoption of ethical and sustainable practices, and the effective management of global economic uncertainties.

The global diamond ring market, a significant segment within the broader jewelry industry, is experiencing robust growth. While precise figures for market size and CAGR are absent from the provided data, industry reports consistently point to a multi-billion dollar market fueled by factors such as increasing disposable incomes, particularly in emerging economies, and a growing preference for luxury goods as a symbol of status and personal achievement. Key drivers include evolving consumer preferences towards personalized and ethically sourced jewelry, the influence of social media and celebrity endorsements on purchasing decisions, and innovative designs that cater to diverse tastes and trends. The market is segmented by price point (luxury, premium, mid-range), diamond quality (carat, clarity, color, cut), metal type (platinum, gold, silver), and geographic region. The competitive landscape is dominated by established luxury brands like De Beers, Graff, and Tiffany & Co., alongside prominent players such as Chow Tai Fook and Signet Jewelers, who cater to a broader consumer base. The market also witnesses the rise of smaller, independent jewelers focusing on unique designs and bespoke creations. The forecast for the diamond ring market indicates continued expansion over the next decade (2025-2033), though the exact CAGR will depend on various macroeconomic factors and shifts in consumer spending patterns. However, we can project continued growth driven by several factors: the rise of e-commerce platforms that are increasingly improving the consumer experience for luxury purchases; the ongoing popularity of diamond rings as engagement and anniversary gifts, particularly in cultures with strong traditions surrounding such occasions; and the potential for increased investment in lab-grown diamonds, offering a more affordable and sustainable alternative to mined diamonds, though this will likely influence market segmentation rather than reduce overall demand. Challenges include fluctuating diamond prices due to market volatility, concerns about ethical sourcing and responsible mining practices, and economic downturns that could curb consumer spending on luxury items. This necessitates a focus on transparency in supply chains, sustainable practices, and adaptable marketing strategies to maintain market share and attract new customers.

In 2022, the sales value of the diamond jewelry market in Japan amounted to *** billion U.S. dollars, declining by almost ten percent compared to the previous year. The Japanese diamond jewelry market size fluctuated in recent years, but remained close to **** billion dollars.

China Jewelry, Diamond, Jade, Gold: Tmall Online Sales: Market Share data was reported at 0.690 % in Aug 2020. This records an increase from the previous number of 0.540 % for Jul 2020. China Jewelry, Diamond, Jade, Gold: Tmall Online Sales: Market Share data is updated monthly, averaging 0.660 % from Jun 2019 (Median) to Aug 2020, with 15 observations. The data reached an all-time high of 0.940 % in Apr 2020 and a record low of 0.400 % in Oct 2019. China Jewelry, Diamond, Jade, Gold: Tmall Online Sales: Market Share data remains active status in CEIC and is reported by Moojing Market Intelligence. The data is categorized under China Premium Database’s Consumer Goods and Services – Table CN.HTB: Taobao and Tmall Online Sales: Cultural and Entertainment Article.

The Diamond Engagement Rings market is a vibrant and ever-evolving segment of the luxury jewelry industry, renowned for its emotional significance and timeless appeal. Each year, millions of couples invest in diamond engagement rings as a symbol of their commitment, leading to a market valued at approximately $70 bi

The lab-grown diamond jewelry market is experiencing significant growth, driven by increasing consumer demand for ethically sourced and sustainable alternatives to mined diamonds. While precise market size data is unavailable, considering the rapid expansion of this sector and referencing similar reports on the broader lab-grown diamond market, a reasonable estimate for the 2025 market size could be placed at $5 billion. Assuming a conservative Compound Annual Growth Rate (CAGR) of 15% for the forecast period (2025-2033), the market is projected to reach approximately $16 billion by 2033. This growth is fueled by several key factors. Firstly, the increasing affordability of lab-grown diamonds compared to mined diamonds makes them attractive to a wider consumer base. Secondly, growing environmental and ethical concerns surrounding traditional diamond mining are pushing consumers towards more sustainable options. Thirdly, advancements in technology are continually improving the quality and brilliance of lab-grown diamonds, making them virtually indistinguishable from their mined counterparts. The industry is also benefiting from innovative marketing strategies highlighting the ethical and environmental advantages of lab-grown diamonds, effectively reaching younger, more environmentally conscious demographics. Several key trends are shaping the market. The rise of direct-to-consumer brands offering competitive pricing and enhanced transparency is disrupting traditional retail models. Furthermore, the increasing popularity of personalized and customizable jewelry options is driving innovation within the sector. While challenges remain, such as overcoming lingering consumer perceptions about the value of lab-grown diamonds and managing the complexities of supply chain development, the overall market outlook remains exceptionally promising. The presence of established players like De Beers and Swarovski, alongside numerous innovative startups, indicates a dynamic and competitive landscape poised for substantial future growth. The competitive landscape is further characterized by a mix of established jewelry brands and new entrants, reflecting the market’s rapid expansion and the influx of investment into the sector.

Comprehensive dataset of 414 Diamond buyers in California, United States as of August, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

The Premium Diamond Jewelry (1-3 Carats) market has emerged as a coveted segment within the luxury goods industry, driven by a blend of timeless elegance and modern consumer demands. This niche encompasses exquisite diamond rings, necklaces, earrings, and bracelets, artfully crafted to enhance personal style and ser

Global Diamond and Gemstone Market is expanding from US$ 76.17 Billion in 2023 to US$ 127.31 Billion by 2032 with a CAGR of 5.27%.

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The synthetic diamonds market is expected to grow at a CAGR of 8% during the forecast period. This market growth can be attributed to various factors including Cost advantage of synthetic diamonds, Growing demand for synthetic diamonds from APAC, and Restrictions on mining activities.

The synthetic diamonds market report offers several other valuable insights such as:

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will drive synthetic diamonds market growth during the next five years
Precise estimation of the synthetic diamonds market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the synthetic diamonds market industry across APAC, North America, Europe, MEA, and South America
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of synthetic diamonds market vendors

Comprehensive dataset of 87 Diamond buyers in North Carolina, United States as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

China Jewelry, Diamond, Jade, Gold: Tmall Online Sales: MoM: Market Share data was reported at 27.780 % in Aug 2020. This records an increase from the previous number of 10.200 % for Jul 2020. China Jewelry, Diamond, Jade, Gold: Tmall Online Sales: MoM: Market Share data is updated monthly, averaging 8.860 % from Jun 2019 (Median) to Aug 2020, with 15 observations. The data reached an all-time high of 41.070 % in Jan 2020 and a record low of -31.030 % in Jun 2019. China Jewelry, Diamond, Jade, Gold: Tmall Online Sales: MoM: Market Share data remains active status in CEIC and is reported by Moojing Market Intelligence. The data is categorized under China Premium Database’s Consumer Goods and Services – Table CN.HTB: Taobao and Tmall Online Sales: MoM: Cultural and Entertainment Article.

China Jewelry, Diamond, Jade, Gold: Tmall Online Sales: Number of Store data was reported at 1.670 Unit th in Aug 2020. This records an increase from the previous number of 1.618 Unit th for Jul 2020. China Jewelry, Diamond, Jade, Gold: Tmall Online Sales: Number of Store data is updated monthly, averaging 1.637 Unit th from Jun 2019 (Median) to Aug 2020, with 15 observations. The data reached an all-time high of 1.727 Unit th in Sep 2019 and a record low of 1.437 Unit th in Mar 2020. China Jewelry, Diamond, Jade, Gold: Tmall Online Sales: Number of Store data remains active status in CEIC and is reported by Moojing Market Intelligence. The data is categorized under China Premium Database’s Consumer Goods and Services – Table CN.HTB: Taobao and Tmall Online Sales: Cultural and Entertainment Article.