openPR Logo
Press release

Gemstones Market Shares, Strategies and Forecast Worldwide, 2018-2026

07-03-2019 12:17 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Gemstones Market Shares, Strategies and Forecast Worldwide,

Global demand for gemstones is envisaged to surge steadily over the course of coming years. Gemstones worth nearly US$ 22 billion were sold in 2018, as reported by a new research intelligence outlook of Future Market Insights (FMI). The global gemstones market revenues are likely to see moderate Y-o-Y growth of 4.4% in 2019.

Request Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-9459

Customization of Gemstones Jewelry & Ornaments Trending Rapidly

According to FMI’s report, nearly 85% of overall sales of gemstones is accounted by jewelry and ornaments, a majority of which is accounted by gemstone-studded rings. Customization of gems and jewelry has been trending since the recent past, which is creating high-potential growth opportunities for gemstones market players. The report suggests that a number of manufacturers and designers are exclusively focused on the development of innovative, customized gemstone jewelry designs by using cutting edge technologies such as rapid prototyping (RP) and computer-aided design (CAD). However, research also clearly points to steady growth in the rate of purchasing gemstones for luxury arts.
Diamond holds an approximate revenue share of 80% of overall gemstones sales and has been projected to remain the bestselling type of gemstones over the years to come. The report highlights promising growth in the demand for ruby, as indicated by the gemstones market forecast for the next few years. At present, more than 85% of gemstones that are sold are in synthetic format. The study opines that the versatile physical attributes and relatively lower price point of gemstones in the synthetic format will continue to position them as a preferred choice over natural gemstones.

Although low-end gemstones have been performing well in terms of sales over the recent past, high-end gemstones market will continue to nurture the premium consumer base. Consumers from emerging Asian economies will particularly prefer high-quality gemstones that are rare to collect and unique in designs. While this trend has originated from the constantly improving per-capita spending on lifestyle products, a sizable consumer population also reaffirms to adhere to budget constraints while selecting the type of gemstone.

Developed Regions Spearhead Global Gemstones Space, Asian Markets to Emerge Lucrative

North America, with over 1/3rd share of the global gemstones market value, will remain the preeminent region for investment, for manufacturers, designers, and marketers of gemstones. Moreover, according to the study, Europe also accounts for a considerably high value share in gemstones market – prominently owing to significant demand for diamond and precious gemstones jewelry.

Request For Analyst@ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-9459

Furthermore, Asia Pacific - the hub for some of the high-quality, finest gemstone finds, is cited as an important regional market for both, diamond and colored gemstones. FMI’s analysis points to China’s primacy in the APAC’s gemstones market, followed by India and Japan.

Competition Analysis: Gemstones Market Players

Supply of colored gemstones such as ruby, sapphire, emerald, and others is likely to remain fragmented, as colored gemstones has been defined as a small cottage industry. The number of players is high and the products range is wide. On the other side, the market for diamond is governed by a few large players, owning concentrated mine pockets.

A majority of leading companies operating in the global gemstones market landscape are strategizing on the expansion of mining, production, and processing capacities of gemstones. Several players in gemstones market are also focusing their developmental strategies on mining, manufacturing, and processing of diamond. The report has profiled some of the prominent companies active in global gemstones market, including Gem Diamonds Limited, Rockwell Diamonds Inc., Debswana Diamond Company (Pty) Limited, Swarovski Group, Petra Diamonds Limited, Botswana Diamonds P.L.C, Stornoway Diamond Corporation, Arctic Star Exploration Corp., KGK Group, and others.

For more insights on the gemstones market prospects during the examination period 2018-2026, write in to press@futuremarketinsights.com

U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United Statesfood
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Blog: Market Research Blog
FMI Blog: https://www.fmiblog.com/
Web: https://www.futuremarketinsights.com/

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Gemstones Market Shares, Strategies and Forecast Worldwide, 2018-2026 here

News-ID: 1795104 • Views: 85

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Gem

Global Fencing Market 2019 - Tenax Group, Bekaert, Ply Gem Holdings
This new report by Eon Market Research, titled “Global Fencing Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Fencing industry at a global as well as regional and country level. Key facts analyzed in this report include the Fencing market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study of the competitive
Global Moissanite Market 2018 - HRB Exports, Viktor Kämmerling, Stars Gem
Global Moissanite Market 2018 Analysis Report audits a Market Regions, Product Categories, with Sales, Business Revenue, Goods cost, Moissanite piece of the overall industry and Growth patterns, concentrating on driving Moissanite industry players, showcase size, request and supply examination, utilization volume, Forecast 2017 to 2025. The major regions present in the continents like United States, Germany, Japan and China and their contribution to global Moissanite market is elaborated in this research
Gem Accounts Cloud Accounting Launches in Australia - Global Rollout Next
Gem Software Solutions Pty Ltd is a cloud software accounting company based in Melbourne Victoria, Australia. The company just launched its cloud accounting platform to suit medium and large scale businesses in Australia and is now planning to launch in other key countries as part of it's global rollout. Melbourne, VIC, Australia., August 13, 2013 -- Launched July 2013 Medium and Large Australian Businesses and their Accountants can now implement a
Gem Accounts Cloud Accounting Launches in New Zealand
Gem Accounts cloud accounting software has just launched it’s New Zealand version featuring stock and inventory, full quote to cash workflows, and flexible payroll system. Melbourne, VIC, Australia., September 19, 2013 -- Serious Cloud Accounting for New Zealand is Here Finally, a mid-tier cloud accounting software that can replace all the functionality of your desktop system is here. Built from the ground up for medium & large businesses, Gem Accounts delivers
GIA Expands World-Class Gem Education in Dubai
Added courses at DMCC benefit gems and jewellery community DUBAI, United Arab Emirates – May 23, 2012 – GIA (Gemological Institute of America) has added courses to the Dubai Multi Commodities Centre (DMCC) schedule following the tremendously positive response from students who attended GIA’s Diamond Grading Lab class there in February. The Accredited Jewelry Professional (AJP) diploma recently concluded, whereas the Colored Stone Grading Lab class and Gem Identification Lab class
GEM-UP CONSULTING and MARKETING2GROW Announce Strategic Partnership
GEM-UP Consulting Inc. and Marketing2Grow are pleased to announce they have entered in a non exclusive partnership. The two companies have agreed to join forces and resources to offer their customers the best possible solutions when it comes to combining Customer Centric Marketing with innovative technology solutions. "This partnership will enhance the value that both companies are offering to their clients" said Stephan Serwe, Founder and Principal of Marketing2Grow. “Today we