Diamond Jewelry Market is majorly driven by the factor of diamonds being highly valuable in terms of jewelry among people. In addition, diamonds carry a significant emotional value among people lasting through multiple generation which has upsurge the target market growth.

Furthermore, high demand for diamonds in industries as they are effective at polishing, cutting, and drilling are fuelling the target market growth. However, diamonds are rare and expensive which is hampering the target market growth.

The growth of the diamond jewelry market over the projected period will be driven by the expansion of sellers across the globe due to the growing demand for various jewelry designs.

The report “Diamond Jewelry Market, By Product Type (Rings, Necklaces, Earrings, Pendants, and Bangles), By Sales Channel (Specialty Stores, Discounters, Online Retailers, Department Stores, and Others (Catalogues and TV commercials)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

Key Highlights:

• In May 2021, the colourful Gemstones Working Group announced the launch of the Gemstones and Jewelry Community Platform.
• In January, 2017, Blue Nile, Inc. united with online diamond buyback company Mondiamo for the creation of transparent process for those looking to sell their diamond jewelry.

Analyst View:

Diamond jewelry consists of rings, necklaces, earrings, bracelets and pendants, which are used for visiting either wedding, festivals or any other relevant occasion. The diamond jewelry market is on the rise and the adoption of diamond jewelry in wedding ceremonies and festivals is on the rise.   For example, diamonds are the first choice as a jewelry gift in case of an engagement or a wedding.  Diamonds are considered to be a symbol of love and that is why women are attracted to diamond jewelry as they find it special while wearing it. Buying diamond jewelry is considered to be the creation of a status symbol in the society.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Diamond Jewelry Market, By Product Type (Rings, Necklaces, Earrings, Pendants, and Bangles), By Sales Channel (Specialty Stores, Discounters, Online Retailers, Department Stores, and Others (Catalogues and TV commercials)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

Key Market Insights from the report:

Diamond Jewelry Market accounted for US$ 340.69 billion in 2022 and is estimated to be US$ 568.8 billion by 2032 and is anticipated to register a CAGR of 5.0 %. The Diamond Jewelry Market is segmented based on Product Type, Sales channel and Region.

• Based on Product Type, Diamond Jewelry Market is segmented into Rings, Necklaces, Earrings, Pendants, and Bangles.
• Based on Sales Channel, Diamond Jewelry Market is segmented into Specialty Stores, Discounters, Online Retailers, Department Stores, and Others (Catalogues and TV commercials).
• By Region, the Diamond Jewelry Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Diamond Jewelry Market:

The prominent players operating in the Diamond Jewelry Market includes, A & D Gem Corporation, Arihant Jewellers Pvt. Ltd., B. Vijaykumar & Co., Blue Nile, Inc., Buccellati Holding SpA, Chanel SA, Dora Industries, Inc., Gemco Designs, Inc., Graff Diamonds Corporation, and J.B. & Brothers Pvt. Ltd.

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