Global Natural Gem Jewelry Market was valued at USD 4.2 Billion in 2022 and is projected to reach USD 6.4 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The natural gem jewelry market is experiencing significant transformations, driven by evolving consumer preferences and market dynamics. Recent reports indicate that the global market size for natural gemstones and jewelry was valued at approximately USD 348.5 billion in 2023 and is projected to reach USD 473.2 billion by 2032, growing at a CAGR of 3.5% during the forecast period. citeturn0search4
In India, the gem and jewelry sector is witnessing rapid growth. The Gem & Jewellery Export Promotion Council (GJEPC) projects that the Indian market, currently valued at USD 85 billion, will expand to USD 130 billion by 2030. citeturn0search1 This surge is attributed to increasing disposable incomes and a growing middle-class population.
However, the rise of lab-grown diamonds presents challenges for natural gemstones. Lab-grown diamond prices have declined by 75% since 2020, making them an attractive alternative for consumers. Despite this, the natural diamond market remains substantial, with sales accounting for 84% of the overall market. citeturn0news24
To counteract the competition from synthetic stones, companies like De Beers are partnering with Indian jewelers such as Tanishq to promote natural diamonds. This collaboration aims to educate consumers and build confidence in natural diamonds. citeturn0news25
In my personal experience, the allure of natural gemstones lies in their unique characteristics and the stories they carry. Each natural gem is distinct, offering a sense of exclusivity that synthetic stones cannot replicate. This uniqueness often justifies the investment, as high-quality natural gems can appreciate over time.
Consumers are advised to consider factors such as purity, carat, and cut when purchasing jewelry. It's also important to be aware of the resale value, as some jewelers may buy back natural stones, especially if they come with an authenticity certificate. citeturn0search8
The natural gem jewelry market continues to evolve, balancing the timeless appeal of natural stones with the emerging popularity of lab-grown alternatives. As consumer preferences shift, the industry adapts, ensuring that the allure of natural gemstones endures.
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Aariana Jewels
AlI Blues
Back To Nature
Beaufille
Buccellati
ChowTai Fook
De Beers
Dwarka Gems
Harry Winston
Jewelry
Mangla
Mejuri
The Gem Gallery
Yau Shing Gems
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Natural Gem Jewelry Market
Necklace
Earring
Ring
Others
Based on Types the Market is categorized into Below types that held the largest Natural Gem Jewelry market share In 2023.
Tourmaline Jewelry
Garnet Jewelry
Obsidian Jewelry
Opal Jewelry
Agate Jewelry
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Natural Gem Jewelry Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Natural Gem Jewelry Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Natural Gem Jewelry Market, By Type
6. Global Natural Gem Jewelry Market, By Application
7. Global Natural Gem Jewelry Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Natural Gem Jewelry Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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