Diamond Jewelry Market to Develop Rapidly by 2030, TMR Study

Transparency Market
Research delivers key insights into the global diamond jewelry market. In terms of revenue, the global diamond jewelry market is
estimated to expand at a CAGR of 3% during the forecast period, owing to
numerous factors regarding which TMR offers thorough insights and forecasts in
its report on the global diamond jewelry market.

The global market
for diamond jewelry is largely affected by numerous factors, including rise in
middle class population and preference for diamond jewelry to celebrate life
events such as weddings and anniversaries. The rising trend of lab-grown diamond
offers significant opportunities in the global diamond jewelry market.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=38531

𝐃𝐢𝐚𝐦𝐨𝐧𝐝 𝐉𝐞𝐰𝐞𝐥𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬

The global market
for diamond jewelry has been segmented based on product type, product category,
clarity grade, consumer group, distribution channel, and region. Based on
product type, the diamond jewelry market has been divided into
neckwear/necklace, earrings, rings, bangles/bracelets, pendants, and others
(nose pins, etc.). The demand for diamond rings and earrings is very high, and
the trend is anticipated to continue during the forecast period, owing to the
frequent launch of new products and high consumer preference. Diamond rings are
widely preferred as engagement rings and wedding rings in countries such as the
U.S., Canada, and the U.K.

In terms of product
category, the diamond jewelry market has been divided into daily wear, work
wear, and party & festive wear. The party & festive wear segment
accounted for a significant market share in terms of revenue in 2019.
Furthermore, the segment is estimated to record a CAGR of 3.3% during
the forecast period.

Based on consumer
group, the diamond jewelry market has been divided into men, women, and kids.
Diamond jewelry is primarily preferred by women consumers. Diamond pendants and
earrings are the popular choice of women to enhance their style statement and
appearance at offices and special events such as parties and festive
celebrations.

𝐆𝐞𝐭 𝐚 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=38531

𝐃𝐢𝐚𝐦𝐨𝐧𝐝 𝐉𝐞𝐰𝐞𝐥𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐬

The global market
for diamond jewelry has been divided into North America (U.S., Canada, and Rest
of North America), Europe (Germany, U.K., France, and Rest of Europe), Asia
Pacific (China, Japan, India, and Rest of Asia Pacific), Middle East &
Africa (GCC, South Africa, and Rest of Middle East & Africa), and South
America (Brazil and Rest of South America). The diamond jewelry market in North
America exhibits significant demand followed by Asia Pacific. The market growth
in North America can be attributed to the significant consumer preference for
diamond jewelry and willingness to spend on luxury accessories. Furthermore,
the market in the region is anticipated to register a CAGR of ~3% during
the forecast period. In Asia Pacific, the market for diamond jewelry generated
revenue worth US$ 23.3 Bn in 2019.
China is a major country contributing to the overall demand for diamond jewelry
in the region. In Asia Pacific, the market for diamond jewelry is anticipated
to expand at a CAGR of 3.3% during 2020-2030.
Diamond jewelry in gold settings is widely preferred for wedding and engagement
ceremonies. Jewelry designers tend to incorporate low carat weight diamonds to
offer affordable daily wear and work wear diamond jewelry, since consumers in
emerging economies are price sensitive.

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𝐃𝐢𝐚𝐦𝐨𝐧𝐝 𝐉𝐞𝐰𝐞𝐥𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

Key players
operating in the global diamond jewelry market are Harry Winston, Cartier,
Tiffany & Co., De Beers, Blue Nile Inc., Chopard, Zales, Tacori, Inc,
Buccellati, James Allen, BVLGARI, Tanishq Limited, Malabar Gold & Diamonds,
Palmiero Carlo S.r.l., and GRAFF.