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

Introduction:

Diamonds are the most precious stone that jewelers use to make their jewelry and jewelry. Diamond is certified in four categories namely cut, color, clarity and carat. Diamond jewelry has quality artefacts and is also considered good for investment.

The driving force behind the growth of the diamond jewelry market can be attributed to the increase in disposable income among consumers and the up-to-date innovation in design and functionality. The demand for innovative jewelry designs is driving the market, as consumers are willing to pay a premium price because of their growing fashion awareness.

Moreover, factors such as increased demand convenient services will also boost the Diamond Jewelry Market in the estimated period of time.

 

Attributes	Details
Diamond Jewelry Market Value (2022)	US$ 340.69Bn
Diamond Jewelry Market Projected Value (2032)	US$ 568.8Bn
Diamond Jewelry Market CAGR (2022 – 2032)	5.0%

 

Companies are focusing on launching and selling products using online channels

The diamond jewelry market is also expected to grow significantly through online channels as major companies are focusing on releasing product launches, sales and other related information using their websites. There has also been a change in the way consumers look at thumbs. The younger generation with a less-traditional approach towards marriage tends to forge a strong bond between love and diamond rings, be it commitment rings, engagement rings or promise rings. In the near future, jewellers are expected to target young customers across the globe due to the growing affinity towards diamond rings.

Increasing demand for wedding rings

The increasing sale of diamond rings across the globe is mainly attributed to the increasing demand for wedding rings and the growing preference for corporate dressing. One of the key trends that has kept the market hooked in recent years has been the increasing sales of rings in the male consumer segment. This could be attributed to the improvement in men's jewelry design and the growing fashion awareness among men across the world.

Restrains:

Lack of knowledge of hallmarks on jewelry

However, increasing e-commerce frauds and lack of knowledge of hallmarks on jewelry are likely to hamper market growth. Further, COVID-19s also have negatively impacted the diamond industry and this will lead to lower revenue generation in the financial year.

Due to the lockdown, the diamond jewelry industry cannot export its products or sell them domestically.

Diamonds are rare and expensive

However, diamonds are rare and expensive which is restraining the target market growth. Further, prices of diamonds are not decided by governments and do not have any regulatory framework and hence they could retain their market value during recession is hampering the target market.

 

Diamond Jewelry Market is segmented based on Product Type, Sale channel and region.

Diamond Jewelry Market, By Product Type

On the basis of Ingredients Diamond Jewelry Market is segmented into Rings, Necklaces, Earrings, Pendants, and Bangles. The ring segment will grow at the highest rate in the projected period. The growing demand for premium products from middle class customers during wedding ceremonies and festivals encourages sellers to get into the category of premium products.

 Diamond Jewelry Market, By Sales Channel

On the basis of Product Diamond Jewelry Market is segmented into Specialty Stores, Discounters, Online Retailers, Department Stores, and Others (Catalogues and TV commercials).

Regional Insights:

 

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On the basis of region, the Diamond Jewelry Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to be the dominating target market over the forecast period followed by Asia-Pacific. United States being the major global diamond jewelry market has driven the target market growth in North America.

Asia-Pacific is expected to be the second leading target market over the forecast period due to the presence of major diamond markets in the region. China has majorly boosted the target market in Asia-Pacific due to the increasing demand for diamonds in terms of jewelry.

Attribute Details Base year for estimation 2022 Forecast period 2022 – 2032 Market representation Revenue in USD Billion & CAGR from 2022 to 2032 Market Segmentation Product Type - Rings, Necklaces, Earrings, Pendants, and Bangles Sales Channel - Specialty Stores, Discounters, Online Retailers, Department Stores, and Others (Catalogues and TV commercials) Regional scope North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa Report coverage Revenue forecast, company share, competitive landscape, growth factors, and trends Segments Covered in the Report: This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Diamond Jewelry Market report based on product type, Sales channel and region: Diamond Jewelry Market, By Product Type: Rings Necklaces Earrings Pendants Bangles Diamond Jewelry Market, By Sales Channel: Specialty Stores Discounters Online Retailers Department Stores Others (Catalogues and TV commercials) Diamond Jewelry Market, By Region: North America U.S. Canada Europe Germany UK France Russia Italy Rest of Europe Asia Pacific China India Japan South Korea Rest of Asia Pacific Latin America Brazil Mexico Rest of Latin America Middle East & Africa GCC Israel South Africa Rest of Middle East & Africa   Recent Development: In October 2022, Bengaluru-based diamond jewelry maker Vijay James aka Surana Ensemble has announced the launch of its B2B website www.vijaygems.in. The website has been designed to consider all aspects related to the purchase of diamond jewelry. In June 2018, D Bears Group announced the launch of a new company called Lightbox Jewelry that will start marketing new brands of jewelry developed in the laboratory under the name Lightbox in September, offering customers high-quality, fashion jewelry designs at a lower price than the current lab-made diamond offerings.

The key players operating the Diamond Jewelry Market includes,

• A&D Gem Corporation is one of the leading importers of coloured stones in the UNITED STATES and has been serving the best retail jewellers as well as dealers for almost half a century.
• Arihant Jewellers Pvt Ltd is a private limited set up in July 2010, classified as a non-government company and registered with the Registrar of Companies, Chhattisgarh. Arihant Jewellers Pvt Ltd guarantees 100% purity as BIS offers hallmarked gold jewelry. Also, each diamond is given a certificate of diamond quality by independent certification laboratories.
• B. Vijayakumar & Co. operates as a distributor of loose diamonds and finished jewelry, a company based in Mumbai, India. Seed. Vijayakumar & Co. is the group's flagship company and has consistently cut down on cut and polished diamonds as India's leading exporter.
• Blue Nile, Inc. operates worldwide as an online retailer for diamonds and other jewelry. Founded in 19, the Blue Nile is headquartered in Seattle, Washington. It offers a variety of investment products like gold or platinum engagement rings and loose diamonds along with diamond centre stores.
• Buxelati Holding SPA provides retail jewelry products, the company provides bridal jewelry, watches, and related precious metal products, Buxelati Holding Italia serves customers in Italy.
• Channel SA designs and manufactures fashion products, the company sells a range of clothing, eyewear, watches, jewelry, fragrances, makeup, skincare, and accessories, Dechenel serves customers around the world.
• Dora Industries, Inc. was founded in 1989, the company's line of business includes the production of polished and cleaning goods.
• Gemco Designs., com is a wholesale diamond, silver and gold jewelry manufacturer that offers the best and most beautiful jewelry designs at the best price. He started off with a commitment to deliver the best quality jewelry at the most competitive prices and his continued efforts to design and create exceptional artworks in jewelry have created a special collection, which is an aesthetic blend of traditional and contemporary.
• Graff Diamonds Corporation is a vertically integrated diamond company, the company's operations include the design, production and retail distribution of jewelry and watches, and the sourcing, cutting and polishing of rough diamonds.
• JB & Brothers Pvt Ltd, established in 1983, has emerged as an expert producer and exporter of Solitaire, and the qualitative efforts of their visionaries have helped us reach the milestone of success.

• A & D Gem Corporation*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Arihant Jewellers Pvt. Ltd.
• B. Vijaykumar & Co.
• Blue Nile, Inc.
• Buccellati Holding SpA
• Chanel SA
• Dora Industries, Inc.
• Gemco Designs, com
• Graff Diamonds Corporation
• J.B. & Brothers Pvt. Ltd.

 

“*” marked represents similar segmentation in other categories in the respective section

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years Considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     • Primary Interviews
     • Primary Breakdown
     • Key data from Primary Sources
     • Key Industry Insights
   • Secondary Data
     • Major Secondary Sources
     • Secondary Sources
   • Market Estimation
   • Top-Down Approach
     • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     • Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
3. Market Preview
   • Executive Summary
   • Key Findings—Global Outlook for Cell and Gene Therapy Strategies
     • Key Questions this Study will Answer
     • Market Snippet, By Product Type
     • Market Snippet, By Sales Channel
     • Market Snippet, By Region
   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
     • Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. Diamond Jewelry Market, By Product Type, 2022-2032, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
     • Y-o-Y Growth Analysis (%), 2022-2032
     • Segment Trends
   • Rings
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
   • Necklaces
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
   • Earrings
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
   • Pendants
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
   • Bangles
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
6. Diamond Jewelry Market, Sales Channel, 2022-2032, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
     • Y-o-Y Growth Analysis (%), 2022-2032
     • Segment Trends
   • Specialty Stores
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
   • Discounters
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
   • Online Retailers
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
   • Department Stores
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
   • Others (Catalogues and TV commercials)
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022-2032
7. Diamond Jewelry Market, By Region, 2022-2032, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022-2032
     • Y-o-Y Growth Analysis (%), 2022-2032
     • Regional Trends
   • North America
     • Market Size and Forecast (US$ Bn), By Product Type, 2022-2032
     • Market Size and Forecast (US$ Bn), By Sales Channel, 2022-2032
     • Market Size and Forecast (US$ Bn), By Country, 2022-2032
       • U.S.
       • Canada
   • Europe
     • Market Size and Forecast (US$ Bn), By Product Type, 2022-2032
     • Market Size and Forecast (US$ Bn), By Sales Channel, 2022-2032
     • Market Size and Forecast (US$ Bn), By Country, 2022-2032
       • Germany
       • UK
       • France
       • Russia
       • Italy
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast (US$ Bn), By Product Type, 2022-2032
     • Market Size and Forecast (US$ Bn), By Sales Channel, 2022-2032
     • Market Size and Forecast (US$ Bn), By Country, 2022-2032
       • China
       • India
       • Japan
       • South Korea
       • Rest of Asia Pacific
   • Latin America
     • Market Size and Forecast (US$ Bn), By Product Type, 2022-2032
     • Market Size and Forecast (US$ Bn), By Sales Channel, 2022-2032
     • Market Size and Forecast (US$ Bn), By Country, 2022-2032
       • Brazil
       • Mexico
       • Rest of Latin America
   • Middle East & Africa
     • Market Size and Forecast (US$ Bn), By Product Type, 2022-2032
     • Market Size and Forecast (US$ Bn), By Sales Channel, 2022-2032
     • Market Size and Forecast (US$ Bn), By Country, 2022-2032
       • GCC
       • Israel
       • South Africa
       • Rest of Middle East
8. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
9. Company Profiles
   • • A & D Gem Corporation
       • Company Overview
       • Product and Portfolio
       • Key Highlights
       • Financial Overview
       • Business Strategies
     • Arihant Jewellers Pvt. Ltd.
     • B. Vijaykumar & Co.
     • Blue Nile, Inc.
     • Buccellati Holding SpA
     • Chanel SA
     • Dora Industries, Inc.
     • Gemco designs, Inc.
     • Graff Diamonds Corporation
     • J.B. & Brothers Pvt. Ltd.
10. The Last Word
    • Future Impact
    • About Us
    • Contact