Press release
Certified Gemstones Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Certified Gemstones
What Is the Current Certified Gemstones Market Size and Its Estimated Growth Rate?
The certified gemstones market size has grown strongly in recent years. It is projected to increase from $10 billion in 2024 to $10.63 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. The growth is attributed to the shift towards online sales, digital marketing strategies, the growth of lab-grown diamonds, expansion of online retail, rising consumer affluence, and increasing demand for luxury goods.
The certified gemstones market is projected to reach $13.41 billion by 2029, growing at a CAGR of 6.0%. This growth is supported by rising interest in unique accessories, higher disposable incomes, growing gemstone investments, expanding online gemstone sales, and the increasing popularity of colored gemstones. Key trends will include e-commerce growth, sustainable sourcing, technological advancements in certification, and increased demand from emerging markets.
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How Are Emerging Segments Shaping the Certified Gemstones Market Landscape?
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
Subsegments:
1) By Emerald: Natural Emeralds, Treated Emeralds
2) By Pearl: Natural Pearls, Cultured Pearls
3) By Ruby: Natural Rubies, Treated Rubies
4) By Sapphire: Natural Sapphires, Treated Sapphires
5) By Other Gemstones: Diamond, Aquamarine, Garnet, Topaz
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Which Growth Factors Are Influencing Certified Gemstones Market Expansion?
The increased use of ornaments is expected to boost the certified gemstone market's growth. Fashion trends, cultural influences, economic conditions, and improved marketing strategies have contributed to the rise in ornament use. Certified gemstones enhance jewelry by guaranteeing quality and authenticity. In December 2023, India's gems and jewelry exports increased by 14.07%, reaching $2.90 billion, highlighting the growing ornament market.
Who Are the Dominant Players Across Different Certified Gemstones Market Segments?
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
What Trends Are Expected to Dominate the Certified Gemstones Market in the Next 5 Years?
Companies in the certified gemstones market are developing AI-powered gemstone report platforms to increase accessibility and affordability. For instance, in July 2024, Gübelin Gem Lab, a Switzerland-based laboratory, introduced the Gem Passport, an AI-based gemstone report tool using Gemtelligence. This platform provides detailed gemstone assessments, including origin and treatment information, and streamlines the testing process.
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Which Geographic Regions Are Expected to Dominate the Certified Gemstones Market in the Coming Years?
North America was the largest region in the certified gemstones market in 2023. The regions covered in the certified gemstones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Certified Gemstones Market?
2. What is the CAGR expected in the Certified Gemstones Market?
3. What Are the Key Innovations Transforming the Certified Gemstones Industry?
4. Which Region Is Leading the Certified Gemstones Market?
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