Global Moissanite Market Growth 2023-2029

Global Moissanite Market Growth 2023-2029

Moissanite is a gemstone born from the stars. It was first discovered in 1893 by a French scientist named Henri Moissan, who later won the Nobel Prize in Chemistry. He discovered microscopic particles of the gem that would eventually bear his name in Arizona, in a crater created by a meteorite that fell to Earth. He initially thought that he had discovered diamonds, but later determined that the crystals were composed of silicon carbide.

Natural moissanite is incredibly rare, so moissanite available today is laboratory-created. Moissanite is engineered to give the illusion of similarity to diamonds, but is compositionally and visually quite different from a real diamond. The durability, brilliance, and color of the two gems are quite distinct.

LPI (LP Information)' newest research report, the “Moissanite Industry Forecast” looks at past sales and reviews total world Moissanite sales in 2022, providing a comprehensive analysis by region and market sector of projected Moissanite sales for 2023 through 2029. With Moissanite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Moissanite industry.

This Insight Report provides a comprehensive analysis of the global Moissanite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Moissanite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Moissanite market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Moissanite and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Moissanite.

The global Moissanite market size is projected to grow from US$ 34 million in 2022 to US$ 59 million in 2029; it is expected to grow at a CAGR of 59 from 2023 to 2029.

Global Moissanite key players include Charles & Colvard, Unimoss, Amora, Viktor Kämmerling, Wuzhou Changsheng Gems, etc. Global top five manufacturers hold a share over 85%.

US is the largest market, with a share about 90%, followed by Europe and China, both have a share over 5%.

In terms of product, Round Brilliant is the largest segment, with a share over 80%. And in terms of application, the largest application is Rings, followed by Earrings, Pendants, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Moissanite market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Round Brilliant

Cushion

Square Brilliant

Heart

Others

Segmentation by application

Rings

Earrings

Pendants

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Charles & Colvard

Moissanite International

Amora

HRB Exports

Viktor Kämmerling

Stars Gem

Wuzhou Changsheng Gems

Unimoss

Key Questions Addressed in this Report

What is the 10-year outlook for the global Moissanite market?

What factors are driving Moissanite market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Moissanite market opportunities vary by end market size?

How does Moissanite break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.