Press release
Moissanite Market to Value 6.2% CAGR by 2025
Moissanite is a lab-created gemstone that is generally perceived as a diamond substitute by consumers. Moissanite is composed of silicon carbide and is created through a thermal process that is patented by Charles & Colvard Ltd., the only manufacturer of moissanite across the globe. Moissanite, a synthetic diamond, has been estimated to account for around 1.6% share of the overall gemstone market by 2015 end.
Currently, the global moissanite market across the world is mainly driven by factors, such as resemblance of the product as diamond, rising consumer awareness about the product, and increasing consumer inclination towards luxurious jewelry products. However, factors such as the emergence of new technologies for creating other similar gemstones may restrain the market growth over the forecast period. The global moissanite market is anticipated to expand at a CAGR of 6.2 % from 2015 to 2025, to account for US$ 48.84 Mn by 2025.
On the basis of application, the moissanite market has been segmented into rings, earrings, bracelets, and pendants. The rings segment is expected to account for 80.4% share of the global moissanite market by 2015 end, and is expected to register a moderate CAGR of 6.5% in terms of value over the forecast period (2015–2025). There has been a stupendous rise in adoption of moissanite in rings, which are the most preferred products among consumers, who buy them as gifts for their partners or mothers, in turn driving the segment growth in the near future. Earrings segment has been estimated to account for 9.8% value share of the overall market by 2015 end and is expected to register a CAGR of 6.0% in terms of value over the forecast period.
On the basis of region, the moissanite market is segmented into North America, Latin America, Asia-Pacific, Europe, and the Middle East & Africa. Among these, North America is expected to account for 88.2% value share of the global moissanite market by 2015 end. The market in the region is expected to expand at CAGR of 6.3% in terms of value during the forecast period. Increasing consumer preference for pocket-friendly luxurious jewelry products is expected to fuel the growth of the market in the North America region over the forecast period.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/moissanite-market/toc
The report provides detailed information about the various trends driving each market segment and offers analysis and insights into the potential of the global moissanite market in specific regions.
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/4327
Currently, Charles & Colvard, Ltd is the only player operating in the market. Meanwhile, Cree Inc. and Norstel AB are the key raw material suppliers in the global moissanite market.
Buy Now: You can now buy a single user license of the report @ http://www.persistencemarketresearch.com/checkout/4327
The final report customized as per your specific requirement will be sent to your e-mail id within 7-20 days, depending on the scope of the report.
For more information, please e-mail us at sales@persistencemarketresearch.com
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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 Moissanite Market to Value 6.2% CAGR by 2025 here
News-ID: 483892 • Views: …
More Releases from Persistence Market Research
Garbage Collection Trucks Market Expected to Surpass US$ 20,049.9 Million by 203 …
The garbage collection trucks market is witnessing a significant uptrend as urbanization, population growth, and the increasing need for effective waste management solutions drive demand worldwide. According to Persistence Market Research, the global market size is anticipated to grow from US$ 15,032.7 million in 2025 to US$ 20,049.9 million by 2032, reflecting a CAGR of 4.2% during the forecast period. Garbage collection trucks, also referred to as waste collection vehicles,…
Investments in Port and Logistics Infrastructure Propel Shipping Containers Mark …
The shipping containers market is a critical component of global trade and logistics, facilitating the seamless movement of goods across countries. According to Persistence Market Research, the market is projected to reach US$10.2 billion in 2032, up from US$7.8 billion in 2025, expanding at a CAGR of 3.8% during the forecast period. The growth is closely tied to investments in port and logistics infrastructure, which enhance container handling efficiency and…
Rising Recreational Boating and Technological Advancements Accelerate Outboard E …
The outboard engines market is poised for remarkable growth in the coming years, driven by technological advancements, electrification, and an increasing global appetite for marine recreational activities. According to Persistence Market Research, the global outboard engines market is projected to grow from US$ 5,469.1 million in 2025 to US$ 8,279.6 million by 2032, reflecting a CAGR of 6.1%. This robust growth trajectory highlights the rising demand for efficient, environmentally friendly,…
Automotive Parts Aftermarket Outlook 2023-2033: Key Players Like Bosch, Denso, M …
The Automotive Parts Aftermarket has become a critical component of the global automotive ecosystem. According to Persistence Market Research, the market size reached US$ 548.5 billion in 2022 and is projected to expand to US$ 576.5 billion in 2023. With the replacement parts segment expected to achieve a total value of US$ 984.7 billion by 2033, the market is set to grow at a CAGR of 5.5% from 2023 to…
More Releases for America
Stabilit America Highlights Applications of Fiberglass Roof Panels with Stabilit …
Roofing materials are very important in the realm of modern construction, as they should be long lasting, economical and attractive. Fiberglass roof panels are a few of the numerous choices among several alternatives that have received a reputation of being versatile, long life, and adaptable in various sectors. They are favored by the architects, contractors, and property developers due to their lightweight construction, resistance to weather factors, and the ease…
Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound…
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound…
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),…
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific…
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market
Summary
The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements.
Gaucher Disease market size to maintain the average annual growth…
