Discover News From LaBrilliante Blog
Navigating the Lab-Grown Diamonds Market
The lab-grown diamond demand grows both within and outside the jewelry segment. At the same time there is a dramatic price drop. What should retailers take from the current market insights?
Lab-grown Diamonds: Jewelry Without Sacrifice
With the rapid increase of lab-grown diamond jewelry demand, jewelry stores are now able to maintain their margins without the need to raise the price tag. This is why the LGD market growth beyond the predictions.
Lab-Grown Diamonds Are Holiday Season Bestsellers
Nearly half of all diamond jewelry sold this year were set with lab-grown diamonds. Considering ever-increasing demand and popularity, LGDs may jump over the 50% mark this Holiday season.
Lab-grown Diamond Industry Becomes More Efficient
As the diamond industry is changing, both lab-grown and mined diamond producers are trying to adapt. The LGD market is successful in battling the oversupply and decreasing the production time.
Lab-Grown Diamonds will be Everywhere
According to Pandora CEO, lab-grown diamonds will become more popular than the mined diamond within the next 10 years. They help jewelers and other industry members increase their sales.
Consumers are Choosing Lab-Grown Diamonds for Their Price
Price is the main factor that leads consumers to choose lab-grown diamond jewelry. Still, there are methods the high-end jewelers use to keep man-made stones expensive.
Lab-grown Diamonds Are The Summer Hit
Amit declining sales of mined diamonds, lab-created diamond are increasing in popularity. They're expected to breach 20% of consumer demand this year.
Lab-Grown Diamonds are Taking over Fashion Market
Lab-created diamond helped Signet and Pandora significantly grow their revenue in the fashion jewelry sales. Amid the overall sales decrease, jewelry giants are planning to increase their fashion input further.
Lab-Created Diamonds Have Grown 50% in Size Over The Year
The new record-breaker is a 75.33 carat lab-grown emerald diamond. Another milestone is a 30.69 carat single crystal lab-grown ring. All these items show how fast the technology advances.
Stable Lab-grown Diamond Market is a Reality
The prices for lab-grown diamonds stopped decreasing and actually grew in Q1 2024. This may be a sign that the LGD market is stabilizing. LaBrilliante is here to explain.