Advancements in jewelry manufacturing technologies and a rising demand for sustainable, ethically sourced products are significantly impacting the gems and jewelry market. These factors are reshaping consumer preferences and pushing the market towards higher-value segments.
Key trends include the growing popularity of lab-grown diamonds and gemstones. The segment for diamonds set in gold is expected to reach $183.7 million by 2030. Currently, the U.S. market is valued at $108.6 million in 2023. China’s market, meanwhile, is predicted to grow at a robust annual rate of 8.5%, reaching $135.4 million by 2030.
The report provides a comprehensive regional analysis, competitive insights, and forecasts, offering valuable information for understanding market trends and spotting new business opportunities in the global gems and jewelry industry.
