The article cited AMA's Global Diamond and Gemstone Market Study explored substantial growth with CAGR of %. According the report, The Popularity of Online Shopping is one of the primary growth factors for the market. Rising Demand from Emerging Economies
is also expected to contribute significantly to the Diamond and Gemstone market. Overall, Jewelry
applications of Diamond and Gemstone, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as CARTIER International SNC (France), Harry Winston, Inc. (United States), Tiffany & Co. (United States), Vab Cleef and Arpels (France), Graff (United Kingdom), Hearts On Fire Company, LLC (United States), Chow Tai Fook (China), Petra Diamonds Ltd (United Kingdom), Gemfields Group Ltd (United Kingdom), De Beers Group (United Kingdom) and Alrosa (Russia) may see astonishing sales in this Market and certainly improve revenue growth.
The Color, such as Colored, is boosting the Diamond and Gemstone market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Product, such as Earring, is boosting the Diamond and Gemstone market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Diamond and Gemstone market identified that the demand is rising in many different parts of the world as "Preference for Branded Ornaments
". Furthermore, some recent industry insights like "In November 2023, De Beers Group launched Lightbox Jewelry, a new diamond brand aimed at millennials and Gen Z consumers. The brand will offer a range of lab-grown diamonds at more affordable prices than traditional mined diamonds." is constantly making the industry dynamic. One of the challenges that industry facing is "Synthetic Gemstones and Lab-Grown Diamonds"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Diamond and Gemstone market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Diamond and Gemstone market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Diamond and Gemstone market tight? Which application/end-user category or Product Type [Natural Diamond and Gemstone and Synthetic Diamond and Gemstone] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Diamond and Gemstone market and other related sub-markets covered in the study.
o Key & emerging players in the Diamond and Gemstone market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Diamond and Gemstone market size is calculated using market estimation process, the Diamond and Gemstone market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Diamond and Gemstone market size has been validated using both top-down and bottom-up approaches.