Market Overview:
Sapphire is one of the most beautiful gems among the categories of jewelry stones. This sapphire comes in the shade of whole rainbow colors expect red. Sapphire belongs to the corundum family and also includes some fancy sapphires. Corundum are the second hardest gem with respect to diamonds. These sapphires necklaces are famous due to the individual’s prized possession. With the rising geographic consumption of these gems has made the market more poised in terms of jewelry. Although Asia has been the traditional source of gem (Sapphires) corundum for over past years, also Africa is coming as a poised to become a new primary source of these sources.
Influencing Trend:
Easily Availabilities of Finance for Purchasing Gems and Young, Rich Indians have Started a Gem of a Trend as Demand for Sapphires to Grow
Market Growth Drivers:
Growing Preference of these gems in Compared to Diamonds and Availability of Different Shapes and Colours in Sapphire Necklace to Enhance Individuals Personality
Challenges:
Issue Related to High Cost of Raw material for Manufacturing Gems and Problem related to Lack of Acceptance in Low and Middle Income Group People
The key Vendors profiled in the report are TJC (United Kingdom), Tiffany&Co (United States), Ernest Jones (United Kingdom), Two-Tone Jewelry (United States), TraxNYC (United States), Stauer (United States), BijanAndCo (United States) and GLAMIRA (Germany). Additionally, other players that are of this comprehensive study are Juniker Jewelry (United States), Artinian (Thailand) and Kimberley Diamond (United States).