Press release
Certified Gemstones Market Outlook: Analysis & Forecast 2024-2033
Certified Gemstones Market Outlook
As per the report, the certified gemstones market size has grown strongly in recent years. It will grow from $9.44 billion in 2023 to $10 billion in 2024 at a compound annual growth rate (CAGR) of 6%. The certified gemstones market size is expected to see strong growth in the next few years. It will grow to $12.67 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%.
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What Is Driving The Growth Of The Global Certified Gemstones Market?
Driving Forces Behind the Growth of the Certified Gemstones Market in Ornamental Use
The surge in the use of ornaments is expected to propel the certified gemstone market's growth going forward. Ornaments are decorative objects that are used to enhance the jewelry's appearance. They are typically non-functional accessories that add beauty, grace, or festivity. The surge in the use of ornaments can be attributed to evolving fashion trends, cultural and social significance, personal expression, improved economic conditions, advancement in manufacturing, and effective marketing strategies. Certified gemstones enhance jewelry by ensuring authenticity and quality assurance through detailed analysis and increased market confidence and investment value.
What Is The Key Trend In The Global Certified Gemstones Market?
Innovations In AI-Powered Gemstone Certification
Major companies operating in the certified gemstones market are developing artificial intelligence (AI)-powered gemstone report platforms to enhance the accessibility and affordability of gemological certifications. AI-powered gemstone reports are assessments of gemstones generated using artificial intelligence technology. These reports utilize AI algorithms to analyze various aspects of gemstones, such as their color, clarity, cut, carat weight, and overall quality.
How Is The Global Certified Gemstones Market Segmented?
The certified gemstones market covered in this report is segmented -
1) By Gemstone Type: Emerald, Pearl, Ruby, Sapphire, Other Gemstones
2) By Gemstone Category: Natural, Synthetic
3) By Distribution Channel: Store, Non-Store
4) By End-User: Jewelry And Ornaments, Luxury Arts
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How Is The Competitive Landscape Of The Global Certified Gemstones Market?
Major companies operating in the certified gemstones market are Rio Tinto International Holdings Ltd, De Beers SA, Debswana Diamond Company Limited, Tiffany & Company, Graff Diamonds International Limited, Gemological Institute of America Inc., Petra Diamonds Limited, Blue Nile Inc., Lucara Diamond Corporation, Gem Diamonds, Gemfields Group Limited, Swarovski AG, KGK Group, ALROSA-Nyurba, Muzo International Ltd., Fura Gems Inc., Arctic Star Exploration Corp., Jindal Gems, Botswana Diamonds Plc, Pala International Inc., Leibish & Co Ltd, David Morris, GemSelect Limited
Contents Of The Global Certified Gemstones Market
1. Executive Summary
2. Certified Gemstones Market Report Structure
3. Certified Gemstones Market Trends And Strategies
4. Certified Gemstones Market - Macro Economic Scenario
5. Certified Gemstones Market Size And Growth
…..
27. Certified Gemstones Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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