Lab-Grown Diamond Jewelry Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Application

May 2025 | 107 pages | ID: L3F613284CA6EN
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Lab-Grown Diamond Jewelry Market Summary

Introduction to the Lab-Grown Diamond Jewelry Industry

Lab-grown diamond jewelry encompasses diamonds and gemstones produced in controlled laboratory environments, offering identical chemical and physical properties to mined diamonds at significantly lower costs, often up to 40% more affordable. These diamonds are created using technologies like High-Pressure High-Temperature (HPHT) and Chemical Vapor Deposition (CVD), appealing to consumers seeking ethical, sustainable, and cost-effective alternatives. The industry has gained traction due to growing environmental awareness, with 75% of younger consumers (born 1980–1995) prioritizing sustainability, compared to older generations. China leads as the global hub for lab-grown diamond production and processing, with 2023 output reaching approximately 9.86 million carats, a 68% increase from 2022, and demand surging 80.49% to 7.4 million carats in 2022. The rise of “self-pleasing” consumption, accounting for 46% of purchases, has overtaken traditional wedding and anniversary uses, driven by post-pandemic demand for quality and lifestyle-driven purchases among affluent consumers. The industry benefits from technological advancements reducing production costs and improving quality, but faces challenges from consumer perception, regulatory gaps, and competition with mined diamonds.

Market Size and Growth Forecast

The global lab-grown diamond jewelry market is projected to reach USD 10.0 billion to USD 12.0 billion by 2025, with an estimated compound annual growth rate (CAGR) of 15% to 20% through 2030, fueled by rising consumer acceptance, sustainability trends, and production scalability.

Regional Analysis

Asia Pacific expects a growth rate of 18% to 23%. China dominates as the largest producer and consumer, with its wholesale market expanding rapidly due to cost advantages and domestic demand. India’s jewelry manufacturing hub status supports export-driven growth, particularly to Western markets.

North America anticipates a growth rate of 15% to 20%. The U.S. leads with strong demand for sustainable luxury, especially among millennials and Gen Z, with retailers like Brilliant Earth driving adoption. Canada’s market grows steadily, focusing on ethical branding.

Europe projects a growth rate of 14% to 19%. The UK and Germany see rising demand for eco-friendly jewelry, with retailers emphasizing transparency. France’s luxury market integrates lab-grown diamonds into high-end designs.

South America expects a growth rate of 10% to 15%. Brazil’s emerging middle class drives demand, though economic volatility limits growth.

Middle East and Africa anticipate a growth rate of 8% to 13%. The UAE’s luxury retail sector adopts lab-grown diamonds, but cultural preference for mined diamonds slows penetration.

Application Analysis

Wedding: Projected at 12% to 17%, wedding jewelry remains significant, with lab-grown diamonds appealing for affordability and ethical sourcing. Trends include customizable engagement rings and larger stones.

Anniversary: Expected at 10% to 15%, anniversary jewelry benefits from repeat purchases, with designs focusing on timeless elegance and sustainability narratives.

Self-pleasing: Anticipated at 18% to 23%, self-pleasing purchases dominate, driven by younger consumers prioritizing personal expression and sustainability. Trends include bold, everyday wear pieces.

Key Market Players

De Beers Group: A UK firm, De Beers develops sustainable wedding jewelry.

Swarovski: An Austrian company, Swarovski focuses on anniversary pieces.

Diamond Foundry: A U.S. firm, Diamond Foundry supplies self-pleasing jewelry.

WD: A U.S. company, WD develops custom jewelry designs.

Pandora: A Danish firm, Pandora focuses on affordable self-pleasing pieces.

Brilliant Earth: A U.S. company, Brilliant Earth supplies sustainable jewelry.

Signet: A U.S. firm, Signet develops wedding and anniversary jewelry.

Richline Group: A U.S. company, Richline focuses on retail jewelry.

Fenix Diamonds: An Indian firm, Fenix supplies self-pleasing jewelry.

JC Jewels: An Indian company, JC develops wedding jewelry.

Clean Origin: A U.S. firm, Clean Origin focuses on sustainable rings.

Shenzhen Zhongjia Hengmei: A Chinese company, Zhongjia supplies retail jewelry.

Shanghai Yuyuan: A Chinese firm, Yuyuan develops luxury jewelry.

MCLON: A Chinese company, MCLON focuses on self-pleasing pieces.

CHJ Jewellery: A Chinese firm, CHJ supplies anniversary jewelry.

Zhengzhou Sino-Crystal: A Chinese company, Sino-Crystal develops wedding jewelry.

CARAXY Diamond Technology: A Chinese firm, CARAXY focuses on custom designs.

X Diamond: A Chinese company, X supplies sustainable jewelry.

Porter’s Five Forces Analysis
  • Threat of New Entrants: Moderate. High technological and capital barriers deter entry, but declining production costs enable startups like Fenix Diamonds. Established brands like De Beers leverage scale and trust, limiting new entrants’ impact.
  • Threat of Substitutes: High. Mined diamonds and other gemstones compete, but lab-grown diamonds’ cost and ethical advantages give Brilliant Earth an edge. Synthetic alternatives like moissanite pose a growing threat.
  • Bargaining Power of Buyers: High. Consumers benefit from multiple suppliers and transparent pricing, pressuring Pandora to offer competitive designs. Brand loyalty mitigates some buyer power in premium segments.
  • Bargaining Power of Suppliers: Moderate. Equipment and raw material suppliers influence costs, but diversified sourcing by Swarovski reduces risks. Specialized CVD technology providers hold some leverage.
  • Competitive Rivalry: High. De Beers, Pandora, and Brilliant Earth compete on price, sustainability, and design. Rapid consumer adoption and retail expansion drive innovation, intensifying rivalry.
Market Opportunities and Challenges

Opportunities
  • Sustainability Demand: Younger consumers’ eco-conscious preferences boost Brilliant Earth’s ethical branding.
  • Cost Advantage: Up to 40% price reductions expand Pandora’s market reach to middle-income consumers.
  • Self-Pleasing Trend: Rising lifestyle-driven purchases favor Swarovski’s bold designs.
  • Production Scalability: China’s output growth supports Fenix Diamonds’ export potential.
  • Retail Expansion: E-commerce and branded stores enhance De Beers’ accessibility.
  • Technological Advancements: Improved CVD processes lower costs for Diamond Foundry.
  • Emerging Markets: India’s growing middle class offers export opportunities for CHJ Jewellery.
Challenges
  • Consumer Perception: Mined diamond prestige challenges Pandora’s mainstream adoption.
  • Regulatory Gaps: Lack of global standards for lab-grown diamonds impacts De Beers’ credibility.
  • Market Saturation: Rapid entry of low-cost producers pressures Swarovski’s margins.
  • Economic Volatility: Disposable income fluctuations affect Brilliant Earth’s sales in developing regions.
  • Supply Chain Risks: Raw material shortages disrupt Fenix Diamonds’ production.
  • Brand Differentiation: Intense competition challenges CHJ Jewellery’s market positioning.
  • Retail Resistance: Traditional jewelers’ reluctance slows Diamond Foundry’s penetration.
CHAPTER 1 EXECUTIVE SUMMARY

CHAPTER 2 ABBREVIATION AND ACRONYMS

CHAPTER 3 PREFACE

3.1 Research Scope
3.2 Research Sources
  3.2.1 Data Sources
  3.2.2 Assumptions
3.3 Research Method
Chapter Four Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users

CHAPTER 5 MARKET TREND ANALYSIS

5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats

CHAPTER 6 INDUSTRY CHAIN ANALYSIS

6.1 Upstream/Suppliers Analysis
6.2 Lab-Grown Diamond Jewelry Analysis
  6.2.1 Technology Analysis
  6.2.2 Cost Analysis
  6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users

CHAPTER 7 LATEST MARKET DYNAMICS

7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics

CHAPTER 8 HISTORICAL AND FORECAST LAB-GROWN DIAMOND JEWELRY MARKET IN NORTH AMERICA (2020-2030)

8.1 Lab-Grown Diamond Jewelry Market Size
8.2 Lab-Grown Diamond Jewelry Market by End Use
8.3 Competition by Players/Suppliers
8.4 Lab-Grown Diamond Jewelry Market Size by Type
8.5 Key Countries Analysis
  8.5.1 United States
  8.5.2 Canada
  8.5.3 Mexico

CHAPTER 9 HISTORICAL AND FORECAST LAB-GROWN DIAMOND JEWELRY MARKET IN SOUTH AMERICA (2020-2030)

9.1 Lab-Grown Diamond Jewelry Market Size
9.2 Lab-Grown Diamond Jewelry Market by End Use
9.3 Competition by Players/Suppliers
9.4 Lab-Grown Diamond Jewelry Market Size by Type
9.5 Key Countries Analysis
  9.5.1 Brazil
  9.5.2 Argentina
  9.5.3 Chile
  9.5.4 Peru

CHAPTER 10 HISTORICAL AND FORECAST LAB-GROWN DIAMOND JEWELRY MARKET IN ASIA & PACIFIC (2020-2030)

10.1 Lab-Grown Diamond Jewelry Market Size
10.2 Lab-Grown Diamond Jewelry Market by End Use
10.3 Competition by Players/Suppliers
10.4 Lab-Grown Diamond Jewelry Market Size by Type
10.5 Key Countries Analysis
  10.5.1 China
  10.5.2 India
  10.5.3 Japan
  10.5.4 South Korea
  10.5.5 Southest Asia
  10.5.6 Australia

CHAPTER 11 HISTORICAL AND FORECAST LAB-GROWN DIAMOND JEWELRY MARKET IN EUROPE (2020-2030)

11.1 Lab-Grown Diamond Jewelry Market Size
11.2 Lab-Grown Diamond Jewelry Market by End Use
11.3 Competition by Players/Suppliers
11.4 Lab-Grown Diamond Jewelry Market Size by Type
11.5 Key Countries Analysis
  11.5.1 Germany
  11.5.2 France
  11.5.3 United Kingdom
  11.5.4 Italy
  11.5.5 Spain
  11.5.6 Belgium
  11.5.7 Netherlands
  11.5.8 Austria
  11.5.9 Poland
  11.5.10 Russia

CHAPTER 12 HISTORICAL AND FORECAST LAB-GROWN DIAMOND JEWELRY MARKET IN MEA (2020-2030)

12.1 Lab-Grown Diamond Jewelry Market Size
12.2 Lab-Grown Diamond Jewelry Market by End Use
12.3 Competition by Players/Suppliers
12.4 Lab-Grown Diamond Jewelry Market Size by Type
12.5 Key Countries Analysis
  12.5.1 Egypt
  12.5.2 Israel
  12.5.3 South Africa
  12.5.4 Gulf Cooperation Council Countries
  12.5.5 Turkey

CHAPTER 13 SUMMARY FOR GLOBAL LAB-GROWN DIAMOND JEWELRY MARKET (2020-2025)

13.1 Lab-Grown Diamond Jewelry Market Size
13.2 Lab-Grown Diamond Jewelry Market by End Use
13.3 Competition by Players/Suppliers
13.4 Lab-Grown Diamond Jewelry Market Size by Type

CHAPTER 14 GLOBAL LAB-GROWN DIAMOND JEWELRY MARKET FORECAST (2025-2030)

14.1 Lab-Grown Diamond Jewelry Market Size Forecast
14.2 Lab-Grown Diamond Jewelry Application Forecast
14.3 Competition by Players/Suppliers
14.4 Lab-Grown Diamond Jewelry Type Forecast

CHAPTER 15 ANALYSIS OF GLOBAL KEY VENDORS

15.1 De Beers Group
  15.1.1 Company Profile
  15.1.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.1.3 SWOT Analysis of De Beers Group
  15.1.4 De Beers Group Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
15.2 Swarovski
  15.2.1 Company Profile
  15.2.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.2.3 SWOT Analysis of Swarovski
  15.2.4 Swarovski Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
15.3 Diamond Foundry
  15.3.1 Company Profile
  15.3.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.3.3 SWOT Analysis of Diamond Foundry
  15.3.4 Diamond Foundry Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
15.4 WD
  15.4.1 Company Profile
  15.4.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.4.3 SWOT Analysis of WD
  15.4.4 WD Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
15.5 Pandora
  15.5.1 Company Profile
  15.5.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.5.3 SWOT Analysis of Pandora
  15.5.4 Pandora Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
15.6 Brilliant Earth
  15.6.1 Company Profile
  15.6.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.6.3 SWOT Analysis of Brilliant Earth
  15.6.4 Brilliant Earth Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
15.7 Signet
  15.7.1 Company Profile
  15.7.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.7.3 SWOT Analysis of Signet
  15.7.4 Signet Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
15.8 Richline Group
  15.8.1 Company Profile
  15.8.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.8.3 SWOT Analysis of Richline Group
  15.8.4 Richline Group Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
15.9 Fenix Diamonds
  15.9.1 Company Profile
  15.9.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.9.3 SWOT Analysis of Fenix Diamonds
  15.9.4 Fenix Diamonds Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
15.10 JC Jewels
  15.10.1 Company Profile
  15.10.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.10.3 SWOT Analysis of JC Jewels
  15.10.4 JC Jewels Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
15.11 Clean Origin
  15.11.1 Company Profile
  15.11.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.11.3 SWOT Analysis of Clean Origin
  15.11.4 Clean Origin Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
15.12 Shenzhen Zhongjia Hengmei
  15.12.1 Company Profile
  15.12.2 Main Business and Lab-Grown Diamond Jewelry Information
  15.12.3 SWOT Analysis of Shenzhen Zhongjia Hengmei
  15.12.4 Shenzhen Zhongjia Hengmei Lab-Grown Diamond Jewelry Revenue, Gross Margin and Market Share (2020-2025)
Please ask for sample pages for full companies list
Tables and Figures
Table Abbreviation and Acronyms
Table Research Scope of Lab-Grown Diamond Jewelry Report
Table Data Sources of Lab-Grown Diamond Jewelry Report
Table Major Assumptions of Lab-Grown Diamond Jewelry Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Lab-Grown Diamond Jewelry Picture
Table Lab-Grown Diamond Jewelry Classification
Table Lab-Grown Diamond Jewelry Applications
Table Drivers of Lab-Grown Diamond Jewelry Market
Table Restraints of Lab-Grown Diamond Jewelry Market
Table Opportunities of Lab-Grown Diamond Jewelry Market
Table Threats of Lab-Grown Diamond Jewelry Market
Table Covid-19 Impact For Lab-Grown Diamond Jewelry Market
Table Raw Materials Suppliers
Table Different Production Methods of Lab-Grown Diamond Jewelry
Table Cost Structure Analysis of Lab-Grown Diamond Jewelry
Table Key End Users
Table Latest News of Lab-Grown Diamond Jewelry Market
Table Merger and Acquisition
Table Planned/Future Project of Lab-Grown Diamond Jewelry Market
Table Policy of Lab-Grown Diamond Jewelry Market
Table 2020-2030 North America Lab-Grown Diamond Jewelry Market Size
Figure 2020-2030 North America Lab-Grown Diamond Jewelry Market Size and CAGR
Table 2020-2030 North America Lab-Grown Diamond Jewelry Market Size by Application
Table 2020-2025 North America Lab-Grown Diamond Jewelry Key Players Revenue
Table 2020-2025 North America Lab-Grown Diamond Jewelry Key Players Market Share
Table 2020-2030 North America Lab-Grown Diamond Jewelry Market Size by Type
Table 2020-2030 United States Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Canada Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Mexico Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 South America Lab-Grown Diamond Jewelry Market Size
Figure 2020-2030 South America Lab-Grown Diamond Jewelry Market Size and CAGR
Table 2020-2030 South America Lab-Grown Diamond Jewelry Market Size by Application
Table 2020-2025 South America Lab-Grown Diamond Jewelry Key Players Revenue
Table 2020-2025 South America Lab-Grown Diamond Jewelry Key Players Market Share
Table 2020-2030 South America Lab-Grown Diamond Jewelry Market Size by Type
Table 2020-2030 Brazil Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Argentina Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Chile Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Peru Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Asia & Pacific Lab-Grown Diamond Jewelry Market Size
Figure 2020-2030 Asia & Pacific Lab-Grown Diamond Jewelry Market Size and CAGR
Table 2020-2030 Asia & Pacific Lab-Grown Diamond Jewelry Market Size by Application
Table 2020-2025 Asia & Pacific Lab-Grown Diamond Jewelry Key Players Revenue
Table 2020-2025 Asia & Pacific Lab-Grown Diamond Jewelry Key Players Market Share
Table 2020-2030 Asia & Pacific Lab-Grown Diamond Jewelry Market Size by Type
Table 2020-2030 China Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 India Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Japan Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 South Korea Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Southeast Asia Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Australia Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Europe Lab-Grown Diamond Jewelry Market Size
Figure 2020-2030 Europe Lab-Grown Diamond Jewelry Market Size and CAGR
Table 2020-2030 Europe Lab-Grown Diamond Jewelry Market Size by Application
Table 2020-2025 Europe Lab-Grown Diamond Jewelry Key Players Revenue
Table 2020-2025 Europe Lab-Grown Diamond Jewelry Key Players Market Share
Table 2020-2030 Europe Lab-Grown Diamond Jewelry Market Size by Type
Table 2020-2030 Germany Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 France Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 United Kingdom Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Italy Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Spain Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Belgium Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Netherlands Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Austria Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Poland Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Russia Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 MEA Lab-Grown Diamond Jewelry Market Size
Figure 2020-2030 MEA Lab-Grown Diamond Jewelry Market Size and CAGR
Table 2020-2030 MEA Lab-Grown Diamond Jewelry Market Size by Application
Table 2020-2025 MEA Lab-Grown Diamond Jewelry Key Players Revenue
Table 2020-2025 MEA Lab-Grown Diamond Jewelry Key Players Market Share
Table 2020-2030 MEA Lab-Grown Diamond Jewelry Market Size by Type
Table 2020-2030 Egypt Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Israel Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 South Africa Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Gulf Cooperation Council Countries Lab-Grown Diamond Jewelry Market Size
Table 2020-2030 Turkey Lab-Grown Diamond Jewelry Market Size
Table 2020-2025 Global Lab-Grown Diamond Jewelry Market Size by Region
Table 2020-2025 Global Lab-Grown Diamond Jewelry Market Size Share by Region
Table 2020-2025 Global Lab-Grown Diamond Jewelry Market Size by Application
Table 2020-2025 Global Lab-Grown Diamond Jewelry Market Share by Application
Table 2020-2025 Global Lab-Grown Diamond Jewelry Key Vendors Revenue
Figure 2020-2025 Global Lab-Grown Diamond Jewelry Market Size and Growth Rate
Table 2020-2025 Global Lab-Grown Diamond Jewelry Key Vendors Market Share
Table 2020-2025 Global Lab-Grown Diamond Jewelry Market Size by Type
Table 2020-2025 Global Lab-Grown Diamond Jewelry Market Share by Type
Table 2025-2030 Global Lab-Grown Diamond Jewelry Market Size by Region
Table 2025-2030 Global Lab-Grown Diamond Jewelry Market Size Share by Region
Table 2025-2030 Global Lab-Grown Diamond Jewelry Market Size by Application
Table 2025-2030 Global Lab-Grown Diamond Jewelry Market Share by Application
Table 2025-2030 Global Lab-Grown Diamond Jewelry Key Vendors Revenue
Figure 2025-2030 Global Lab-Grown Diamond Jewelry Market Size and Growth Rate
Table 2025-2030 Global Lab-Grown Diamond Jewelry Key Vendors Market Share
Table 2025-2030 Global Lab-Grown Diamond Jewelry Market Size by Type
Table 2025-2030 Lab-Grown Diamond Jewelry Global Market Share by Type


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