NEW YORK, Aug. 10, 2023 /PRNewswire/ — The diamond market is set to grow by USD 39,665 million from 2022 to 2027 progressing at a CAGR of 8.04% during the forecast period. Discover Apparel, Accessories & Luxury Goods industry potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. View Sample Report!

The diamond market covers the following areas:

Diamond Market Sizing
Diamond Market Forecast
Diamond Market Analysis

Company Landscape

The diamond market is fragmented and the companies are deploying organic and inorganic growth strategies to compete in the market. Some companies that are experts in the process industry are trying to increase their presence and market share by horizontally integrating with system integrators. End-users in discrete industries rely on their experiences from past purchases, based on which they maintain future relationships with companies. This enables global and established RPA companies to dominate the local and regional companies in terms of quality, durability, reliability, and technological innovations. Hence, the competition among the companies in the global RPA market is expected to intensify during the forecast period.

• Anglo American plc: The company offers diamonds with De Beers group which sells rough diamonds to global diamantaires through its diamond trading and auctions businesses.
• BlueStone Jewellery and Lifestyle Pvt. Ltd: The company offers diamonds such as rings, pendants, and nosepins.
• Brilliant Earth LLC: The company offers diamonds such as round, oval, and pear.

For the market’s company landscape highlights with a comprehensive list of companies and their offerings – View Sample in minutes

Diamond Market – Market Segmentation

This diamond market report extensively covers market segmentation by application (jewelry making and industrial applications), type (natural and synthetic), and geography (APAC, North America, Europe, Middle East and Africa, and South America). 

• The market share growth by the jewelry making segment is significant during the forecast period. Some of the key factors which are significantly contributing to the growth of this segment are the growing middle-class population base and their rising spending power. Thus, there is an increase in investment by consumers for more personal accessories, including diamonds. As a result, several manufacturers are increasingly focusing on unique designs to cater to the growing demand of consumers. Some of the key factors which influence the purchasing decision of consumers for diamonds include culture, ethnicity, and fashion. Additionally, many market players in the market are launching new technological innovations to promote the online purchase decisions of customers. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth.

Diamond Market – Regional Market Outlook

APAC is estimated to account for 33% of the market growth during the forecast period. Some of the key factors which are significantly contributing to the growth of the diamond market in APAC include the increasing economic growth, expanding middle-class population base, and presence of different market players. Furthermore, the rapid rise increase in the presence of established retailers, along with their growing promotional activities and advertisement campaigns, is expected to fuel market growth. Hence, such factors are expected to drive market growth in the region. 

View Sample Report in minutes for more highlights into the market segments.

Companies Mentioned

• Anglo American plc
• Asian Star Co Ltd.
• BlueStone Jewellery and Lifestyle Pvt. Ltd.
• Brilliant Earth LLC
• CHANEL Ltd.
• Compagnie Financiere Richemont SA
• DAMIANI S.p.A.
• F.lli Pisa SRL
• Graff Diamonds Ltd.
• Kalyan Jewellers India Ltd.
• Kering SA
• Malabar Gold and Diamonds
• Pandora AS
• Sagar Diamonds Ltd.
• Sheetal Group
• Signet Jewelers Ltd.
• Swarovski AG
• Tacori Inc.
• The Swatch Group Ltd.
• Vaibhav Global Ltd.

What’s New? 

• Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial - buy the report! 

Diamond Market – Market Dynamics

Major Driver

The increasing demand for wedding jewelry drives the market growth in the global diamond market. One of the major segments with a dominant market share in the global diamond market is wedding jewelry. Some of the key factors which are fuelling the growth of the global diamond market are the increase in budget for wedding functions, expanding middle-class population, and increasing disposable income. Hence, the increase in disposable income leads to an increase in purchasing power of consumers which is positively impacting the market. There is an increasing demand for diamond jewelry in India, specifically during the wedding season. Furthermore, many market players are promoting new brands and products in order to have a competitive advantage. Hence, such factors are driving the global diamond market growth during the forecast period.

Major Trend

The increasing demand for synthetic diamonds from emerging applications is the primary trend in the global diamond market. There is an increase in demand for synthetic diamonds, mainly for applications including electronics and semiconductor applications. Some of the key applications of these synthetic diamonds include many electronic devices such as high-power optical-electronic devices, high-voltage power electronics, light-emitting diodes, laser diodes, and high-frequency high-power devices. Additionally, there is an increasing preference for synthetic diamonds in semiconductor applications due to their unique thermal management properties. One of the main advantages of synthetic diamonds is that the thermal conductivity of synthetic diamonds is higher than that of metals such as copper and aluminum. Hence, such benefits are expected to drive market growth during the forecast period.

Significant Challenge 

The presence of counterfeit products in the e-retailing space is a major challenge hindering the global diamond market growth during the forecast period. There is an increasing penetration of counterfeit products and brands. As most of the consumers are purchasing the product through online channels, they are unable to check it physically before buying it and the counterfeit retailers make profits by selling these fake jewelry. The proliferation of fake products in the e-retailing space of diamond jewelry is due to the increasing brand consciousness and the preference for luxury products. Hence, such factors are expected to negatively impact the market, which in turn will hinder the market growth during the forecast period.

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on comapny Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of company included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global diamond market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on global diamond market 2017 – 2021 ($ million)

• 4.2 Application Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.3 Type Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application – Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Jewelry making – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Jewelry making – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Jewelry making – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Jewelry making – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Jewelry making – Year-over-year growth 2022-2027 (%)

• 6.4 Industrial applications – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Industrial applications – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Industrial applications – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Industrial applications – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Industrial applications – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 42: Market opportunity by Application ($ million)
• Exhibit 43: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 44: Chart on Type – Market share 2022-2027 (%)
• Exhibit 45: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 46: Chart on Comparison by Type
• Exhibit 47: Data Table on Comparison by Type

• 7.3 Natural – Market size and forecast 2022-2027 
• Exhibit 48: Chart on Natural – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Natural – Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Natural – Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Natural – Year-over-year growth 2022-2027 (%)

• 7.4 Synthetic – Market size and forecast 2022-2027 
• Exhibit 52: Chart on Synthetic – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Synthetic – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Synthetic – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Synthetic – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 56: Market opportunity by Type ($ million)
• Exhibit 57: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 APAC – Market size and forecast 2022-2027 
• Exhibit 63: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027 
• Exhibit 67: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027 
• Exhibit 71: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 75: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027 
• Exhibit 79: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 China – Market size and forecast 2022-2027 
• Exhibit 83: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.9 US – Market size and forecast 2022-2027 
• Exhibit 87: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.10 India – Market size and forecast 2022-2027 
• Exhibit 91: Chart on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on India – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on India – Year-over-year growth 2022-2027 (%)

• 9.11 Germany – Market size and forecast 2022-2027 
• Exhibit 95: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.12 United Arab Emirates – Market size and forecast 2022-2027 
• Exhibit 99: Chart on United Arab Emirates – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on United Arab Emirates – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on United Arab Emirates – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on United Arab Emirates – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Company Landscape

• 11.1 Overview

• 11.2 Company landscape
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 108: Impact of key risks on business

12 Company Analysis

• 12.1 Company covered
• Exhibit 109: company covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on company position and classification

• 12.3 Anglo American plc
• Exhibit 111: Anglo American plc – Overview
• Exhibit 112: Anglo American plc – Business segments
• Exhibit 113: Anglo American plc – Key news
• Exhibit 114: Anglo American plc – Key offerings
• Exhibit 115: Anglo American plc – Segment focus

• 12.4 BlueStone Jewellery and Lifestyle Pvt. Ltd. 
• Exhibit 116: BlueStone Jewellery and Lifestyle Pvt. Ltd. – Overview
• Exhibit 117: BlueStone Jewellery and Lifestyle Pvt. Ltd. – Product / Service
• Exhibit 118: BlueStone Jewellery and Lifestyle Pvt. Ltd. – Key offerings

• 12.5 Brilliant Earth LLC
• Exhibit 119: Brilliant Earth LLC – Overview
• Exhibit 120: Brilliant Earth LLC – Product / Service
• Exhibit 121: Brilliant Earth LLC – Key offerings

• 12.6 Compagnie Financiere Richemont SA 
• Exhibit 122: Compagnie Financiere Richemont SA – Overview
• Exhibit 123: Compagnie Financiere Richemont SA – Business segments
• Exhibit 124: Compagnie Financiere Richemont SA – Key offerings
• Exhibit 125: Compagnie Financiere Richemont SA – Segment focus

• 12.7 DAMIANI S.p.A.
• Exhibit 126: DAMIANI S.p.A. – Overview
• Exhibit 127: DAMIANI S.p.A. – Product / Service
• Exhibit 128: DAMIANI S.p.A. – Key offerings

• 12.8 F.lli Pisa SRL
• Exhibit 129: F.lli Pisa SRL – Overview
• Exhibit 130: F.lli Pisa SRL – Product / Service
• Exhibit 131: F.lli Pisa SRL – Key offerings

• 12.9 Graff Diamonds Ltd.
• Exhibit 132: Graff Diamonds Ltd. – Overview
• Exhibit 133: Graff Diamonds Ltd. – Product / Service
• Exhibit 134: Graff Diamonds Ltd. – Key offerings

• 12.10 Kalyan Jewellers India Ltd. 
• Exhibit 135: Kalyan Jewellers India Ltd. – Overview
• Exhibit 136: Kalyan Jewellers India Ltd. – Product / Service
• Exhibit 137: Kalyan Jewellers India Ltd. – Key offerings

• 12.11 Kering SA
• Exhibit 138: Kering SA – Overview
• Exhibit 139: Kering SA – Business segments
• Exhibit 140: Kering SA – Key offerings
• Exhibit 141: Kering SA – Segment focus

• 12.12 Malabar Gold and Diamonds 
• Exhibit 142: Malabar Gold and Diamonds – Overview
• Exhibit 143: Malabar Gold and Diamonds – Product / Service
• Exhibit 144: Malabar Gold and Diamonds – Key offerings

• 12.13 Pandora AS
• Exhibit 145: Pandora AS – Overview
• Exhibit 146: Pandora AS – Business segments
• Exhibit 147: Pandora AS – Key offerings
• Exhibit 148: Pandora AS – Segment focus

• 12.14 Signet Jewelers Ltd.
• Exhibit 149: Signet Jewelers Ltd. – Overview
• Exhibit 150: Signet Jewelers Ltd. – Business segments
• Exhibit 151: Signet Jewelers Ltd. – Key offerings
• Exhibit 152: Signet Jewelers Ltd. – Segment focus

• 12.15 Tacori Inc.
• Exhibit 153: Tacori Inc. – Overview
• Exhibit 154: Tacori Inc. – Product / Service
• Exhibit 155: Tacori Inc. – Key offerings

• 12.16 The Swatch Group Ltd. 
• Exhibit 156: The Swatch Group Ltd. – Overview
• Exhibit 157: The Swatch Group Ltd. – Business segments
• Exhibit 158: The Swatch Group Ltd. – Key offerings
• Exhibit 159: The Swatch Group Ltd. – Segment focus

• 12.17 Vaibhav Global Ltd.
• Exhibit 160: Vaibhav Global Ltd. – Overview
• Exhibit 161: Vaibhav Global Ltd. – Product / Service
• Exhibit 162: Vaibhav Global Ltd. – Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 163: Inclusions checklist
• Exhibit 164: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 165: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 166: Research methodology
• Exhibit 167: Validation techniques employed for market sizing
• Exhibit 168: Information sources

• 13.5 List of abbreviations 
• Exhibit 169: List of abbreviations

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