Global Diamond Jewelry Market Size, Trends, By Cut (Round Brilliant Cut, Emerald Cut, Princess Cut, Oval Cut, Pear Cut, Heart Cut, Cushion Cut, Radiant Cut, and Others), By Clarity (FL & IF, I (1/2/3), VVS 1, VVS 2, VS 1, VS 2, SI 1, SI 2), By Carat (0.009 CT - 0.30 CT, 0.50 - CT, 1.25 - 2.00 CT, 2.50 - 4.00 CT, 5.00 CT and above), By Color (Colorless (Grades D/E/F), Near Colorless (Grades G/H/I/J), Faint (Grades K/L/M), Very Light (Grades N/O/P/Q/R), Light (Grades S/T/U/V/W/X/Y/Z)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Diamond Jewelry Market
The Global Diamond Jewelry Market was valued at US$ 341.5 Bn in 2022, estimated to reach US$ 496.06 Bn by 2030, with a CAGR of 4.72% from 2023-2030.
Diamond jewelry refers to any type of jewelry that incorporates diamonds, which are precious stones known for their brilliance, hardness, and rarity. Diamond jewelry can come in many forms, including necklaces, earrings, bracelets, rings, and more. These pieces can be made from a variety of materials, including gold, platinum, and silver, and can range from simple and understated to elaborate and ornate. Diamond jewelry is often given as a gift to mark special occasions such as engagements, weddings, and anniversaries.
Market Drivers
The global market for diamond jewelry is being driven by increasing disposable incomes, rising consumer demand for luxury products, and changing lifestyle patterns. In addition, the popularity of diamond jewelry is also driven by their perceived value as a long-term investment, as well as their association with special occasions such as engagements, weddings, and anniversaries.
Technological advancements in the diamond industry, such as lab-grown diamonds and blockchain-based traceability systems, are also expected to drive market growth. The increasing use of online sales channels, the growth of the fashion industry, and the rise of customization options are additional factors that are contributing to the growth of the diamond jewelry market.
Market Restraints
The growth of the global diamond jewelry market may be impacted by the high cost of diamonds which makes them unaffordable for many consumers, especially in developing countries.
Additionally, the diamond industry has faced controversy in recent years over issues such as conflict diamonds and ethical sourcing, which has led some consumers to become more hesitant to purchase diamond jewelry.
Another challenge facing the market is the growing popularity of lab-grown diamonds, which are cheaper and more sustainable than natural diamonds.
Market Segmentation
The scope of the global diamond jewelry market covers segmentation based on cut, clarity, carat, color, and region.
Based on cut, the market can be segmented into Round Brilliant Cut, Emerald Cut, Princess Cut, Oval Cut, Pear Cut, Heart Cut, Cushion Cut, Radiant Cut, and others. For clarity, the market is segmented into FL & IF, I (1/2/3), VVS 1, VVS 2, VS 1, VS 2, SI 1, and SI 2.
Further, the market is segmented based on carats, such as 0.009 CT - 0.30 CT, 0.50 - CT, 1.25 - 2.00 CT, 2.50 - 4.00 CT, 5.00 CT, and above. Based on color, the market is segmented into Colorless (Grades D/E/F), Near Colorless (Grades G/H/I/J), Faint (Grades K/L/M), Very Light (Grades N/O/P/Q/R), Light (Grades S/T/U/V/W/X/Y/Z).
Regional Analysis
The global diamond jewelry market is segmented into 5 main regions, namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The diamond jewelry market is dominated by North America. The Asia-Pacific region is expected to witness fast growth in the diamond jewelry market during the forecast period due to rising disposable income and a growing middle class. In addition, the increasing trend of purchasing diamond jewelry for occasions such as weddings, engagements, and anniversaries is also contributing to the growth of the diamond jewelry market in the Asia-Pacific region.
Key Players
Tiffany & Co, Cartier, Bulgari, Harry Winston, Graff Diamonds, De Beers, Pandora A/S, Chow Tai Fook, Swarovski, Petra Diamonds Limited, Mikimoto, etc.
Market Taxonomy
By Cut
- Round Brilliant Cut
- Emerald Cut
- Princess Cut
- Oval Cut
- Pear Cut
- Heart Cut
- Cushion Cut
- Radiant Cut
- Others
- FL & IF
- I (1/2/3)
- VVS 1
- VVS 2
- VS 1
- VS 2
- SI 1
- SI 2
- 0.009 CT - 0.30 CT
- 0.50 - CT
- 1.25 - 2.00 CT
- 2.50 - 4.00 CT
- 5.00 CT and above
- Colorless (Grades D/E/F)
- Near Colorless (Grades G/H/I/J)
- Faint (Grades K/L/M)
- Very Light (Grades N/O/P/Q/R)
- Light (Grades S/T/U/V/W/X/Y/Z)
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- What are the key opportunities in the Global Diamond Jewelry Market?
- What will be the growth rate from 2023 to 2030?
- Which segment/region will have the highest growth?
- What are the factors that will impact/drive the market?
- What is the competitive landscape in the industry?
- What is the role of key players in the value chain?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Diamond Jewelry Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Cumulative Impact due to Recent Energy Crisis
- 4.2.5 Cumulative Impact due to Nearing Economic Downturn
- 4.2.6 Post Covid-19 World Supply & Demand Conditions
- 4.2.7 Cumulative Impact of Russia-Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Diamond Jewelry Market, By Cut
- 5.1 Y-o-Y Growth Comparison, By Cut
- 5.2 Global Diamond Jewelry Market Share Analysis, By Cut
- 5.3 Global Diamond Jewelry Market Size and Forecast, By Cut
- 5.3.1 Round Brilliant Cut
- 5.3.2 Emerald Cut
- 5.3.3 Princess Cut
- 5.3.4 Oval Cut
- 5.3.5 Pear Cut
- 5.3.6 Heart Cut
- 5.3.7 Cushion Cut
- 5.3.8 Radiant Cut
- 5.3.9 Others
- 6 Global Diamond Jewelry Market, By Clarity
- 6.1 Y-o-Y Growth Comparison, By Clarity
- 6.2 Global Diamond Jewelry Market Share Analysis, By Clarity
- 6.3 Global Diamond Jewelry Market Size and Forecast, By Clarity
- 6.3.1 FL & IF
- 6.3.2 I (1/2/3)
- 6.3.3 VVS 1
- 6.3.4 VVS 2
- 6.3.5 VS 1
- 6.3.6 VS 2
- 6.3.7 SI 1
- 6.3.8 SI 2
- 7 Global Diamond Jewelry Market, By Carat
- 7.1 Y-o-Y Growth Comparison, By Carat
- 7.2 Global Diamond Jewelry Market Share Analysis, By Carat
- 7.3 Global Diamond Jewelry Market Size and Forecast, By Carat
- 7.3.1 0.009 CT - 0.30 CT
- 7.3.2 0.50 - CT
- 7.3.3 1.25 - 2.00 CT
- 7.3.4 2.50 - 4.00 CT
- 7.3.5 5.00 CT and above
- 8 Global Diamond Jewelry Market, By Color
- 8.1 Y-o-Y Growth Comparison, By Color
- 8.2 Global Diamond Jewelry Market Share Analysis, By Color
- 8.3 Global Diamond Jewelry Market Size and Forecast, By Color
- 8.3.1 Colorless (Grades D/E/F)
- 8.3.2 Near Colorless (Grades G/H/I/J)
- 8.3.3 Faint (Grades K/L/M)
- 8.3.4 Very Light (Grades N/O/P/Q/R)
- 8.3.5 Light (Grades S/T/U/V/W/X/Y/Z)
- 9 Global Diamond Jewelry Market, By Region
- 9.1 Global Diamond Jewelry Market Share Analysis, By Region
- 9.2 Global Diamond Jewelry Market Size and Forecast, By Region
- 9.3 Global Diamond Jewelry Market Trends and Forecast, By Region
- 10 North America Diamond Jewelry Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 North America Diamond Jewelry Market Share Analysis, By Cut
- 10.3 North America Diamond Jewelry Market Size and Forecast, By Clarity
- 10.4 North America Diamond Jewelry Market Size and Forecast, By Carat
- 10.5 North America Diamond Jewelry Market Size and Forecast, By Color
- 10.6 North America Diamond Jewelry Market Size and Forecast, By Country
- 10.6.1 U.S.
- 10.6.1.1 Market Size and Forecast, By Cut
- 10.6.1.2 Market Size and Forecast, By Clarity
- 10.6.1.3 Market Size and Forecast, By Carat
- 10.6.1.4 Market Size and Forecast, By Color
- 10.6.2 Canada
- 10.6.2.1 Market Size and Forecast, By Cut
- 10.6.2.2 Market Size and Forecast, By Clarity
- 10.6.2.3 Market Size and Forecast, By Carat
- 10.6.2.4 Market Size and Forecast, By Color
- 10.6.3 Mexico
- 10.6.3.1 Market Size and Forecast, By Cut
- 10.6.3.2 Market Size and Forecast, By Clarity
- 10.6.3.3 Market Size and Forecast, By Carat
- 10.6.3.4 Market Size and Forecast, By Color
- 11 Europe Diamond Jewelry Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Europe Diamond Jewelry Market Share Analysis, By Cut
- 11.3 Europe Diamond Jewelry Market Size and Forecast, By Clarity
- 11.4 Europe Diamond Jewelry Market Size and Forecast, By Carat
- 11.5 Europe Diamond Jewelry Market Size and Forecast, By Color
- 11.6 Europe Diamond Jewelry Market Size and Forecast, By Country
- 11.6.1 Germany
- 11.6.1.1 Market Size and Forecast, By Cut
- 11.6.1.2 Market Size and Forecast, By Clarity
- 11.6.1.3 Market Size and Forecast, By Carat
- 11.6.1.4 Market Size and Forecast, By Color
- 11.6.2 France
- 11.6.2.1 Market Size and Forecast, By Cut
- 11.6.2.2 Market Size and Forecast, By Clarity
- 11.6.2.3 Market Size and Forecast, By Carat
- 11.6.2.4 Market Size and Forecast, By Color
- 11.6.3 UK
- 11.6.3.1 Market Size and Forecast, By Cut
- 11.6.3.2 Market Size and Forecast, By Clarity
- 11.6.3.3 Market Size and Forecast, By Carat
- 11.6.3.4 Market Size and Forecast, By Color
- 11.6.4 Russia
- 11.6.4.1 Market Size and Forecast, By Cut
- 11.6.4.2 Market Size and Forecast, By Clarity
- 11.6.4.3 Market Size and Forecast, By Carat
- 11.6.4.4 Market Size and Forecast, By Color
- 11.6.5 Italy
- 11.6.5.1 Market Size and Forecast, By Cut
- 11.6.5.2 Market Size and Forecast, By Clarity
- 11.6.5.3 Market Size and Forecast, By Carat
- 11.6.5.4 Market Size and Forecast, By Color
- 11.6.6 Spain
- 11.6.6.1 Market Size and Forecast, By Cut
- 11.6.6.2 Market Size and Forecast, By Clarity
- 11.6.6.3 Market Size and Forecast, By Carat
- 11.6.6.4 Market Size and Forecast, By Color
- 11.6.7 Rest of Europe
- 11.6.7.1 Market Size and Forecast, By Cut
- 11.6.7.2 Market Size and Forecast, By Clarity
- 11.6.7.3 Market Size and Forecast, By Carat
- 11.6.7.4 Market Size and Forecast, By Color
- 12 Asia Pacific Diamond Jewelry Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Asia Pacific Diamond Jewelry Market Share Analysis, By Cut
- 12.3 Asia Pacific Diamond Jewelry Market Size and Forecast, By Clarity
- 12.4 Asia Pacific Diamond Jewelry Market Size and Forecast, By Carat
- 12.5 Asia Pacific Diamond Jewelry Market Size and Forecast, By Color
- 12.6 Asia Pacific Diamond Jewelry Market Size and Forecast, By Country
- 12.6.1 China
- 12.6.1.1 Market Size and Forecast, By Cut
- 12.6.1.2 Market Size and Forecast, By Clarity
- 12.6.1.3 Market Size and Forecast, By Carat
- 12.6.1.4 Market Size and Forecast, By Color
- 12.6.2 Japan
- 12.6.2.1 Market Size and Forecast, By Cut
- 12.6.2.2 Market Size and Forecast, By Clarity
- 12.6.2.3 Market Size and Forecast, By Carat
- 12.6.2.4 Market Size and Forecast, By Color
- 12.6.3 India
- 12.6.3.1 Market Size and Forecast, By Cut
- 12.6.3.2 Market Size and Forecast, By Clarity
- 12.6.3.3 Market Size and Forecast, By Carat
- 12.6.3.4 Market Size and Forecast, By Color
- 12.6.4 South Korea
- 12.6.4.1 Market Size and Forecast, By Cut
- 12.6.4.2 Market Size and Forecast, By Clarity
- 12.6.4.3 Market Size and Forecast, By Carat
- 12.6.4.4 Market Size and Forecast, By Color
- 12.6.5 Australia
- 12.6.5.1 Market Size and Forecast, By Cut
- 12.6.5.2 Market Size and Forecast, By Clarity
- 12.6.5.3 Market Size and Forecast, By Carat
- 12.6.5.4 Market Size and Forecast, By Color
- 12.6.6 New Zealand
- 12.6.6.1 Market Size and Forecast, By Cut
- 12.6.6.2 Market Size and Forecast, By Clarity
- 12.6.6.3 Market Size and Forecast, By Carat
- 12.6.6.4 Market Size and Forecast, By Color
- 12.6.7 Singapore
- 12.6.7.1 Market Size and Forecast, By Cut
- 12.6.7.2 Market Size and Forecast, By Clarity
- 12.6.7.3 Market Size and Forecast, By Carat
- 12.6.7.4 Market Size and Forecast, By Color
- 12.6.8 Malaysia
- 12.6.8.1 Market Size and Forecast, By Cut
- 12.6.8.2 Market Size and Forecast, By Clarity
- 12.6.8.3 Market Size and Forecast, By Carat
- 12.6.8.4 Market Size and Forecast, By Color
- 12.6.9 Rest of Asia
- 12.6.9.1 Market Size and Forecast, By Cut
- 12.6.9.2 Market Size and Forecast, By Clarity
- 12.6.9.3 Market Size and Forecast, By Carat
- 12.6.9.4 Market Size and Forecast, By Color
- 13 Latin America Diamond Jewelry Market Analysis and Forecast (2023-2030)
- 13.1 Introduction
- 13.2 Latin America Diamond Jewelry Market Share Analysis, By Cut
- 13.3 Latin America Diamond Jewelry Market Size and Forecast, By Clarity
- 13.4 Latin America Diamond Jewelry Market Size and Forecast, By Carat
- 13.5 Latin America Diamond Jewelry Market Size and Forecast, By Color
- 13.6 Latin America Diamond Jewelry Market Size and Forecast, By Country
- 13.6.1 Brazil
- 13.6.1.1 Market Size and Forecast, By Cut
- 13.6.1.2 Market Size and Forecast, By Clarity
- 13.6.1.3 Market Size and Forecast, By Carat
- 13.6.1.4 Market Size and Forecast, By Color
- 13.6.2 Argentina
- 13.6.2.1 Market Size and Forecast, By Cut
- 13.6.2.2 Market Size and Forecast, By Clarity
- 13.6.2.3 Market Size and Forecast, By Carat
- 13.6.2.4 Market Size and Forecast, By Color
- 13.6.3 Colombia
- 13.6.3.1 Market Size and Forecast, By Cut
- 13.6.3.2 Market Size and Forecast, By Clarity
- 13.6.3.3 Market Size and Forecast, By Carat
- 13.6.3.4 Market Size and Forecast, By Color
- 13.6.4 Peru
- 13.6.4.1 Market Size and Forecast, By Cut
- 13.6.4.2 Market Size and Forecast, By Clarity
- 13.6.4.3 Market Size and Forecast, By Carat
- 13.6.4.4 Market Size and Forecast, By Color
- 13.6.5 Chile
- 13.6.5.1 Market Size and Forecast, By Cut
- 13.6.5.2 Market Size and Forecast, By Clarity
- 13.6.5.3 Market Size and Forecast, By Carat
- 13.6.5.4 Market Size and Forecast, By Color
- 13.6.6 Venezuela
- 13.6.6.1 Market Size and Forecast, By Cut
- 13.6.6.2 Market Size and Forecast, By Clarity
- 13.6.6.3 Market Size and Forecast, By Carat
- 13.6.6.4 Market Size and Forecast, By Color
- 13.6.7 Rest of Latin America
- 13.6.7.1 Market Size and Forecast, By Cut
- 13.6.7.2 Market Size and Forecast, By Clarity
- 13.6.7.3 Market Size and Forecast, By Carat
- 13.6.7.4 Market Size and Forecast, By Color
- 14 Middle East Diamond Jewelry Market Analysis and Forecast (2023-2030)
- 14.1 Introduction
- 14.2 Middle East Diamond Jewelry Market Share Analysis, By Cut
- 14.3 Middle East Diamond Jewelry Market Size and Forecast, By Clarity
- 14.4 Middle East Diamond Jewelry Market Size and Forecast, By Carat
- 14.5 Middle East Diamond Jewelry Market Size and Forecast, By Color
- 14.6 Middle East Diamond Jewelry Market Size and Forecast, By Country
- 14.6.1 Saudi Arabia
- 14.6.1.1 Market Size and Forecast, By Cut
- 14.6.1.2 Market Size and Forecast, By Clarity
- 14.6.1.3 Market Size and Forecast, By Carat
- 14.6.1.4 Market Size and Forecast, By Color
- 14.6.2 UAE
- 14.6.2.1 Market Size and Forecast, By Cut
- 14.6.2.2 Market Size and Forecast, By Clarity
- 14.6.2.3 Market Size and Forecast, By Carat
- 14.6.2.4 Market Size and Forecast, By Color
- 14.6.3 Egypt
- 14.6.3.1 Market Size and Forecast, By Cut
- 14.6.3.2 Market Size and Forecast, By Clarity
- 14.6.3.3 Market Size and Forecast, By Carat
- 14.6.3.4 Market Size and Forecast, By Color
- 14.6.4 Kuwait
- 14.6.4.1 Market Size and Forecast, By Cut
- 14.6.4.2 Market Size and Forecast, By Clarity
- 14.6.4.3 Market Size and Forecast, By Carat
- 14.6.4.4 Market Size and Forecast, By Color
- 14.6.5 South Africa
- 14.6.5.1 Market Size and Forecast, By Cut
- 14.6.5.2 Market Size and Forecast, By Clarity
- 14.6.5.3 Market Size and Forecast, By Carat
- 14.6.5.4 Market Size and Forecast, By Color
- 14.6.6 Rest of Middle East & Africa
- 14.6.6.1 Market Size and Forecast, By Cut
- 14.6.6.2 Market Size and Forecast, By Clarity
- 14.6.6.3 Market Size and Forecast, By Carat
- 14.6.6.4 Market Size and Forecast, By Color
- 15 Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16 Company Profiles
- 16.1 Tiffany & Co
- 16.1.2 Offerings
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2 Cartier
- 16.2.1 Overview
- 16.2.2 Offerings
- 16.2.3 Key Financials
- 16.2.4 Business Segment & Geographic Overview
- 16.2.5 Key Market Developments
- 16.2.6 Key Strategies
- 16.3 Bulgari
- 16.3.1 Overview
- 16.3.2 Offerings
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4 Harry Winston
- 16.4.1 Overview
- 16.4.1 Overview
- 16.4.2 Offerings
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.5 Graff Diamonds
- 16.5.1 Overview
- 16.5.2 Offerings
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.6 De Beers
- 16.6.1 Overview
- 16.6.2 Offerings
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7 Pandora A/S
- 16.7.1 Overview
- 16.7.2 Offerings
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8 Chow Tai Fook
- 16.8.1 Overview
- 16.8.2 Offerings
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9 Swarovski
- 16.9.1 Overview
- 16.9.2 Offerings
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
- 16.10 Petra Diamonds Limited
- 16.10.1 Overview
- 16.10.2 Offerings
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments
- 16.10.6 Key Strategies
- 16.11 Mikimoto
- 16.11.1 Overview
- 16.11.2 Offerings
- 16.11.3 Key Financials
- 16.11.4 Business Segment & Geographic Overview
- 16.11.5 Key Market Developments
- 16.11.6 Key Strategies
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