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India Diamond Cutting and Polishing Market Set for Robust Growth US$ 25.25 Billion by 2030; Forecasted CAGR of 3.4% between 2022-2030

07-04-2024 11:42 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

India Diamond Cutting and Polishing Market

India Diamond Cutting and Polishing Market

India Diamond Cutting and Polishing Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global India diamond cutting and polishing market was estimated to be worth USD 18.69 billion in 2021 and is predicted to expand to USD 25.25 billion by 2030, with a CAGR of 3.4% during the forecast period 2022-2030.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐จ๐ฎ๐ซ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/india-diamond-cutting-and-polishing-market/request-for-sample

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž:
This comprehensive study provides an accurate overview of the worldwide Indian diamond cutting and polishing market. It includes comprehensive analyses of sales volume, price, revenue, market share, and important companies. The market is further divided into segments by category, technology, and product type, offering a comprehensive picture of the India diamond cutting and polishing market state.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Diamond polishing is the term sometimes used to describe the cutting procedure that turns a rough diamond crystal into a polished jewel. The final polishing of all the facets is an important phase in defining the quality and beauty of the completed gem, even though creating a polished diamond involves several distinct steps. It is necessary to plan, cut, and shape a raw crystal before the real polishing step. Every rough diamond presents a different problem. The optimum course of action necessitates a thorough examination of the crystal's potential, which entails sophisticated mathematics incorporating the crystal's shape and orientation, clarity attributes, and the economics of several possible yield scenarios.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:
Because there are so many companies in the industry, it is expected to be both competitive and fragmented.

๐‡๐ž๐ซ๐ž ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š ๐๐ข๐š๐ฆ๐จ๐ง๐ ๐œ๐ฎ๐ญ๐ญ๐ข๐ง๐  ๐š๐ง๐ ๐ฉ๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐  ๐ฆ๐š๐ซ๐ค๐ž๐ญ:
โ€ข Blue Star Diamonds
โ€ข Bonas Group
โ€ข KGK Group
โ€ข Kristall Production Corporation
โ€ข Moshe Namdar Diamonds LTD

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.polarismarketresearch.com/buy/1348/2

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ:
โ€ข Technology advancements are driving the market's growth. The process of grinding a diamond entail forcing the stone to be cut up against a steel wheel covered in diamonds that is rotating at 3,000 rpm.

โ€ข If well-established companies entered emerging areas and jewelry sales rose online, the market would have several development opportunities.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The market is mainly segmented based on technology, category, and product type. According to product analysis, the automated category is predicted to be the largest revenue generator in the industry. This segment needs less work, and specialized improvements are enabling automated processing, which will drive market expansion during the projection period.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐„๐ง๐ญ๐ข๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/india-diamond-cutting-and-polishing-market

๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

๐–๐ก๐ข๐ฅ๐ž ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š๐ง ๐๐ข๐š๐ฆ๐จ๐ง๐ ๐œ๐ฎ๐ญ๐ญ๐ข๐ง๐  ๐š๐ง๐ ๐ฉ๐จ๐ฅ๐ข๐ฌ๐ก๐ข๐ง๐  ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ž๐ง๐ฃ๐จ๐ฒ๐ฌ ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐š๐œ๐œ๐ฅ๐š๐ข๐ฆ, ๐ข๐ญ ๐Ÿ๐š๐œ๐ž๐ฌ ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐œ๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ:
โ€ข ๐๐ซ๐ข๐œ๐ž ๐•๐จ๐ฅ๐š๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ: Fluctuations in diamond prices and currency exchange rates impact profitability and operational margins.

โ€ข ๐’๐ค๐ข๐ฅ๐ฅ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ: Ensuring a steady supply of skilled labor is crucial. Efforts are underway to train the next generation of diamond cutters and polishers to maintain India's competitive edge.

โ€ข ๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐‚๐จ๐ง๐œ๐ž๐ซ๐ง๐ฌ: The industry is increasingly focused on sustainability and ethical sourcing practices, responding to consumer demands for responsibly mined diamonds.

๐ƒ๐ž๐ฌ๐ฉ๐ข๐ญ๐ž ๐ญ๐ก๐ž๐ฌ๐ž ๐œ๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ, ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฉ๐ซ๐ž๐ฌ๐ž๐ง๐ญ๐ฌ ๐ง๐ฎ๐ฆ๐ž๐ซ๐จ๐ฎ๐ฌ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก:
โ€ข ๐„๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง๐ญ๐จ ๐๐ž๐ฐ ๐Œ๐š๐ซ๐ค๐ž๐ญ๐ฌ: Emerging economies and growing consumer demand in Asia present untapped opportunities for market expansion.

โ€ข ๐•๐ž๐ซ๐ญ๐ข๐œ๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ ๐ซ๐š๐ญ๐ข๐จ๐ง: Some Indian companies are exploring vertical integration by investing in diamond mining operations abroad, securing a stable supply of rough diamonds.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
Looking ahead, the Indian diamond cutting and polishing industry is poised for continued growth and innovation. As consumer preferences evolve and technology advances, India's expertise in transforming rough diamonds into exquisite gems ensures its enduring relevance in the global marketplace.

๐ƒ๐ข๐ฏ๐ž ๐ˆ๐ง๐ญ๐จ ๐Ž๐ฎ๐ซ ๐๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐–๐จ๐จ๐ ๐€๐ง๐ ๐‹๐š๐ฆ๐ข๐ง๐š๐ญ๐ž ๐…๐ฅ๐จ๐จ๐ซ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-wood-and-laminate-flooring-market

๐‹๐ข๐ช๐ฎ๐ข๐ ๐๐ข๐ญ๐ซ๐จ๐ ๐ž๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-liquid-nitrogen-market

๐๐จ๐ฅ๐ฒ๐ฉ๐ซ๐จ๐ฉ๐ฒ๐ฅ๐ž๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-polypropylene-market

๐๐š๐ข๐ง๐ญ๐ฌ ๐€๐ง๐ ๐‚๐จ๐š๐ญ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-paints-and-coatings-market

๐€๐ช๐ฎ๐š๐Ÿ๐ž๐ž๐ ๐€๐๐๐ข๐ญ๐ข๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/aquafeed-additives-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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