Press release
Lab Grown Diamonds Global Market Size is Expected to Witness $35.97 Billion at a CAGR of 8.8% By 2028 | De Beers Group, Swarovski AG, MiaDonna, IIa Technologies, Clean Origin LLC
Lab Grown Diamonds Global Market
The lab grown diamonds market size is expected to see strong growth in the next few years. It will grow to $35.97 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing laser technology, increase in adoption of fashion and jewelry, rising consumer adoption, demand for synthetic stones, economic growth. Major trends in the forecast period include advanced developments, product innovation, cvd technology, laser technology, increase in collabrations.
Market Overview -
Lab-grown diamonds, also known as synthetic or cultured diamonds, are created in a laboratory rather than being formed naturally within the Earth's mantle. These diamonds exhibit the same physical, chemical, and optical characteristics as natural diamonds and possess the same fire, scintillation, and brilliance.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=13685&type=smp
Diamond Sales Surge Propels Growth In The Lab-Grown Diamonds Market
A rise in demand for diamonds is expected to propel the lab-grown diamond market going forward. Diamonds are precious gemstones with carbon atoms arranged in a crystal lattice structure. Lab-grown diamonds offer several practical uses and advantages across various industries, such as jewelry manufacturing, electronics, and healthcare. For instance, in January 2021, according to Alrosa, a Russia-based diamond mining company, sales of raw and polished diamonds brought in a total of $4,169 million; rough diamond sales brought in $3,977 million; and polished diamond sales brought in $192 million. Therefore, the demand for diamonds is driving the lab-grown diamond market.
Competitive Landscape -
Major companies operating in the lab grown diamonds market report are De Beers Group, Swarovski AG , Henan Huanghe Whirlwind Co. Ltd., Diamond Foundry Inc., Chatham Created Gems, New Diamond Technology (NDT), MiaDonna, IIa Technologies, Washington Diamonds Corporation, Clean Origin LLC., WD Labs, Apollo Diamond Inc., Ada Diamonds, ABD Diamonds Pvt. Ltd., ALTR Created Diamonds, Scio Diamond Technology Corporation, Diam Concept, Applied Diamond Inc., Mittal Diamonds, Pure Grown Diamonds, Renaissance Diamonds, M7D Corporation, Taidiam Technology, BDI - Brevard Diamonds Inc., AOTC Group, Fenix Diamonds, Tolkowsky Diamonds, EcoStar Diamond, Tairus Created Diamonds
Lab-Grown Diamond Companies Introduce Colored Collections To Elevate Market Presence
Major companies operating in the lab-grown diamonds market are focused on developing innovative products, such as colored lab-grown diamonds, to strengthen their position in the market. Colored lab-grown diamonds are created through artificial processes in a laboratory setting and possess various colors due to certain trace elements, radiation, or other treatments during their formation. For instance, in August 2023, Cullen Jewellery, an Australian-based company specializing in fine jewelry, introduced its first-ever colored lab-grown diamonds collection, 'Love in Colour,' featuring pink, yellow, and blue shades. The latest collection beautifully enhances the brand's current inventory of colored moissanite gemstones that have earned the Radiant Beauty certification, a symbol of excellence.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/lab-grown-diamonds-global-market-report
Key Segments -
The lab grown diamonds market covered in this report is segmented -
1) By Type: Polished, Rough
2) By Nature: Colorless, Colored
3) By Manufacturing Process: High Pressure High Temperature (HPHT), Chemical Vapor Deposition (CVD)
4) By Application: Construction and Mining, Jewelry, Healthcare, Electronics, Others Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model "
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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 Lab Grown Diamonds Global Market Size is Expected to Witness $35.97 Billion at a CAGR of 8.8% By 2028 | De Beers Group, Swarovski AG, MiaDonna, IIa Technologies, Clean Origin LLC here
News-ID: 3448554 • Views: …
More Releases from The Business research company
Smart TVs and Enhanced Connectivity Fuel Streaming Media Devices Market Growth t …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Streaming Media Devices Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $31.74 billion In 2028…
Specialty Oleochemicals Market to Reach $41.94 Billion by 2028, Fueled by Rising …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Specialty Oleochemicals Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $41.94 billion In 2028 At…
Smart Syringe Market Set to Reach $17.23 Billion by 2028, Driven by Rising Needl …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Smart Syringe Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $17.23 billion In 2028 At…
Silicone in Electrical and Electronic Market Trends: Smartphone Boom and Technol …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Silicone In Electrical And Electronic Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $2.86 billion…
More Releases for Diam
Luxury Packaging and Foodservice Packaging Market to Witness Huge Growth by Key …
The Luxury Packaging and Foodservice Packaging research report combines vital data incorporating the competitive landscape, global, regional, and country-specific market size, market growth analysis, market share, recent developments, and market growth in segmentation. Furthermore, the Luxury Packaging and Foodservice Packaging research report offers information and thoughtful facts like share, revenue, historical data, and global market share. It also highlights vital aspects like opportunities, driving, product scope, market overview, and driving…
Luxury Packaging Market By Business Development, Innovation And Top Companies Fo …
This Luxury Packaging market report is segmented into several unique and crucial industry segments and applications to offer a precise market overview. Industries will learn about the immense prospects accessible in the market via this thorough Market research study in this Luxury Packaging market report. Global Luxury Packaging size is estimated to be xx million in 2021 from USD 21510 million in 2020, with a change of XX% between 2020…
Plastic Luxury Packaging Market Outlook, Competitive Strategies And Global Revie …
Los Angeles, United State: The global Plastic Luxury Packaging market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Plastic Luxury Packaging market. For instance, the market dynamics section digs deep into the drivers, restraints,…
Luxury Packaging Market 2019 Strategic Moves - GPA Global, Owens-Illinois, Diam, …
Luxury Packaging Market Research Report Formulates with historic data up to 2019 and gives a forecast for 2019-2024. The report gives a comprehensive outlook of the market including the current market status, historic, and expected way forward for the global Luxury Packaging market. The report inspects market size, key trends, technologies, challenges, product scope, industry revenue, and growth opportunities. The report delivers data on the drivers and restraints positively and…
2019 Luxury Packaging Market by Key Players: GPA Global, Owens-Illinois, Diam, A …
“Luxury Packaging Market” research report categorizes the global market by top players/brands, region, type and end user. This report also studies the global Luxury Packaging market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
“The global Luxury Packaging market is valued at 17000 million US$ in 2018 and will reach 26800 million US$ by the end of 2025, growing…
Luxury Packaging Market 2019-2024 By Key Players: GPA Global, Owens-Illinois, Di …
Over the next five years the “Luxury Packaging Market” will register a 6.8% CAGR in terms of revenue, the global market size will reach US$ 23600 million by 2024, from US$ 17000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Luxury Packaging business.
This 130 pages of report presents a comprehensive overview, market shares, and growth opportunities of Luxury Packaging…
