Press release
Future of Jewelry: Lab Grown Diamonds Market to Reach New Heights Amid Rising Ethical Demand 2025 | Top key players - ABD Diamonds, WD Advanced Materials, LLC, Adamas One Corp.
The Global Lab Grown Diamonds Market reached US$ 25.68 billion in 2024 and is expected to reach US$ 55.45 billion by 2032, growing with a CAGR of 10.10% during the forecast period 2025-2032.The latest Lab Grown Diamonds market research report from DataM Intelligence delivers a comprehensive analysis of the global Lab Grown Diamonds Market landscape, highlighting emerging trends, market size, competitive dynamics, and key growth drivers. This high-impact report offers strategic insights for investors, marketers, and decision-makers looking to capitalize on current and future market opportunities.
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The Lab Grown Diamonds Market refers to the industry involved in the production and sale of diamonds created in controlled laboratory environments using advanced technological processes such as High Pressure High Temperature (HPHT) and Chemical Vapor Deposition (CVD). These diamonds possess identical physical, chemical, and optical properties to natural diamonds and are used in jewelry, industrial, and technological applications.
Market Segments
By Manufacturing Method: High Pressure High Temperature (HPHT), Chemical Vapor Deposition (CVD).
By Type: Polished, Rough.
By Nature: Colorless, Colored.
By Size: Below 2 Carats, 2-4 Carats, Above 4 Carats.
By Application: Fashion, Industrial.
The Lab Grown Diamonds industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
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Prominent players in the Lab Grown Diamonds Market
The prominent players in Lab Grown Diamonds market research report are: ABD Diamonds, WD Advanced Materials, LLC, Adamas One Corp, Henan Huanghe Whirlwind CO., Ltd., BHANDERI LAB GROWN DIAMONDS, New Diamond Technology, Mini Diamonds (I) Ltd., SP3 Diamond Technologies LLP, Mittal Diamonds, De Beers Group and others.
These companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry Developments:
In September 2024, KAY Jewelers launched its first colored lab-created diamond collection in collaboration with designer Monique Lhuillier. The collection features 12 engagement rings set in 18K gold, showcasing pink, blue, and yellow lab-grown diamonds ranging from 1.5 to 2.625 carats total weight.
In July 2024, Grown Brilliance introduced the "Melrose" collection, its debut line of pink and blue lab-grown diamond jewelry. The 20-piece collection draws creative inspiration from the brand's Los Angeles store location, highlighting the growing demand for colorful, lab-created gemstones.
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Regions Covered:
The global Lab Grown Diamonds Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What are the primary drivers fueling growth in the Lab Grown Diamonds Market today?
✒ Which companies are currently leading innovation and market share in the Lab Grown Diamonds Market?
✒ In what ways is the current regulatory environment influencing the Lab Grown Diamonds Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the Lab Grown Diamonds Market-and why?
✒ What are the key barriers or challenges that could limit the growth of the Lab Grown Diamonds Market?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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