The global π‹πšπ›-𝐆𝐫𝐨𝐰𝐧 πƒπ’πšπ¦π¨π§ππ¬ 𝐌𝐚𝐫𝐀𝐞𝐭 is projected to reach $πŸ‘πŸ’.πŸŽπŸ” 𝐛𝐒π₯π₯𝐒𝐨𝐧 by 2030, growing at a CAGR of 8.8%𝐂𝐀𝐆𝐑 𝐨𝐟 πŸ–.πŸ–%. This growth is driven by increasing awareness and demand, particularly among younger consumers, who view lab-grown diamonds as more cost-effective, ethical, and environmentally friendly compared to natural diamonds.
The global π‹πšπ›-𝐆𝐫𝐨𝐰𝐧 πƒπ’πšπ¦π¨π§ππ¬ 𝐌𝐚𝐫𝐀𝐞𝐭 is projected to reach $πŸ‘πŸ’.πŸŽπŸ” 𝐛𝐒π₯π₯𝐒𝐨𝐧 by 2030, growing at a CAGR of 8.8%𝐂𝐀𝐆𝐑 𝐨𝐟 πŸ–.πŸ–%. This growth is driven by increasing awareness and demand, particularly among younger consumers, who view lab-grown diamonds as more cost-effective, ethical, and environmentally friendly compared to natural diamonds.
Lab Grown Diamonds Market Size & Share Analysis | 2024-2030
In 2023, the Lab Grown Diamonds Market is valued at USD 18.91 billion, projected to reach USD 34.06 billion by 2030, driven by rising consumer awareness.
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