The Global Diamond Jewelry Market is positioned for growth across the 2021–2031 forecast window as rising disposable incomes in emerging economies combine with accelerating consumer interest in lab‑grown diamonds. The twin drivers are altering demand composition and are likely to influence pricing dynamics and margin structures across the value chain.
- Market: Global diamond jewelry market
- Forecast period: 2021–2031
- Primary drivers: rising disposable incomes in emerging economies; growing popularity of lab‑grown diamonds
- Commercial implication: shifting demand composition that may affect pricing and retailer margins
Context: supply, product and aesthetic trends
Two structural forces are key. First, higher disposable income levels in parts of APAC, Latin America and Africa are expanding the consumer base for fine jewelry, increasing unit demand for entry‑to‑mid price points. Second, lab‑grown diamonds have gained broader acceptance, particularly in segments prioritizing cost transparency and sustainability claims. Together these trends encourage assortment strategies that blend traditional natural diamonds with lab‑grown SKUs.
For product teams and buyers this translates into concrete stylistic and technical choices: narrower knife‑edge shanks and micro‑pavé settings to maximise perceived carat face‑up at lower price points; open‑backed settings to optimise brilliance in smaller stones; and satin‑finished gold options that read as quiet, material‑led luxury. Certification, origin labelling and care for vitreous luster or silky nacre in complementary pieces will matter increasingly in merchandising copy and online imagery.
Impact: what US retailers, wholesalers and investors should consider
Inventory and pricing: US retailers should reassess SKU mixes and margin models. Rising lab‑grown demand can compress price points for comparable carat weights, so merchants may widen assortment to include both natural and lab‑grown tiers, each with distinct pricing ladders and return profiles.
Supply chain and sourcing: wholesalers may need clearer segregation and traceability protocols to support divergent value propositions—provenance and rarity for naturals; carbon and production transparency for lab‑grown product lines. Merchants who standardise certification and display technical specs (cut, color, clarity and carat) will reduce friction at point of sale.
Merchandising and marketing: Quiet‑luxury cues — restrained silhouettes, quality of finish, and tactile heft — will remain effective across price tiers. Messaging should differentiate investment narratives for natural diamonds from functional or ethical narratives for lab‑grown stones rather than blending them into a single claim.
Investor viewpoint: the market’s expansion in emerging economies supports category growth, but the relative rise of lab‑grown supply introduces a structural variable that can moderate pricing for certain SKUs. Investors should monitor sales mix shifts across bridal and fashion segments and track how margin dynamics evolve as manufacturers scale lab‑grown capacity.
For retailers and designers, the takeaway is pragmatic: align assortment, certification and storytelling with a bifurcated market — one that values provenance and scarcity for natural stones while rewarding transparency and price efficiency in lab‑grown offerings.
Image Referance: https://www.globenewswire.com/news-release/2026/01/22/3223979/0/en/Diamond-Jewelry-Market-Global-Industry-Size-Share-Trends-Opportunity-and-Forecast-2021-2031.html