The global 𝐋𝐚𝐛-𝐆𝐫𝐨𝐰𝐧 𝐃𝐢𝐚𝐦𝐨𝐧𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 is projected to reach $𝟑𝟒.𝟎𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 by 2030, growing at a CAGR of 8.8%𝐂𝐀𝐆𝐑 𝐨𝐟 𝟖.𝟖%. 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 𝐋𝐚𝐛-𝐆𝐫𝐨𝐰𝐧 𝐃𝐢𝐚𝐦𝐨𝐧𝐝𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 is projected to reach $𝟑𝟒.𝟎𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 by 2030, growing at a CAGR of 8.8%𝐂𝐀𝐆𝐑 𝐨𝐟 𝟖.𝟖%. 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.
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