Editor’s Note
This analysis highlights the steady growth trajectory of the global diamond jewelry market, driven by rising incomes, e-commerce expansion, and demand for ethical sourcing. The projected increase to US$437.2 billion by 2030 underscores the sector’s resilience and evolving consumer priorities.
The global market for Diamond Jewelry was valued at US$358.1 Billion in 2024 and is projected to reach US$437.2 Billion by 2030, growing at a CAGR of 3.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts.
The growth in the diamond jewelry market is driven by several factors, including rising disposable incomes, the expansion of e-commerce, and increasing consumer demand for ethically sourced diamonds. The strong cultural significance of diamond jewelry in weddings, engagements, and special occasions continues to propel market demand. Advancements in jewelry manufacturing technologies, such as CAD and 3D printing, have enabled cost-effective and highly customizable designs, attracting a wider consumer base.
The growing preference for lab-grown diamonds has expanded market opportunities, offering sustainable and affordable alternatives to natural diamonds. Additionally, strategic collaborations with fashion influencers, luxury brands, and digital marketing campaigns have amplified brand reach, fostering greater consumer interest and sales. The increasing penetration of AI and AR in the jewelry retail space has further enhanced the customer shopping experience, ensuring continued market expansion.
The report analyzes the Diamond Jewelry market, presented in terms of market value. The analysis covers the key segments and geographic regions outlined below.
Segments: Cut Type (Round Brilliant Cut Diamond, Princess Cut Diamond, Emerald Cut Diamond, Radiant Cut Diamond, Cushion Cut Diamond, Oval Cut Diamond, Marquise Cut Diamond, Other Cut Types); Color (Near Colorless Diamonds, Colorless Diamonds, Faint Color Diamonds, Very Light Color Diamonds, Light Color Diamonds); Carat (1.00 CT Diamonds, 0.75 CT Diamonds, 0.50 CT Diamonds, 0.009 CT – 0.30 CT Diamonds, 1.25 CT and Above Diamonds).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Market Growth: Understand the significant growth trajectory of the Round Brilliant Cut Diamond segment, which is expected to reach US$103.7 Billion by 2030 with a CAGR of a 4.3%. The Princess Cut Diamond segment is also set to grow at 3.5% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, valued at $97.6 Billion in 2024, and China, forecasted to grow at an impressive 6.4% CAGR to reach $87.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
This edition integrates the latest global trade and economic shifts into comprehensive market analysis. Key updates include:
Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes historical analysis from 2015 to 2023.
Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
Some of the 42 companies featured in this Diamond Jewelry market report include:
De Beers Group
Tiffany & Co.
Signet Jewelers
Chow Tai Fook Jewellery Group
Bulgari S.p.A.
Cartier
Pandora Jewelry, LLC
Swarovski India
Graff Diamonds International Ltd.
Van Cleef & Arpels
Piaget SA
K. Mikimoto & Co., Ltd
Carat Diamonds
David Yurman
Le Vian
CHAUMET
Boucheron
Damiani S.p.A
Mouawad
