Global market volume of lab-grown diamonds 2009-2030

Lab-grown diamonds are gaining an increasing share of the global diamond market each year, and with that, the volume of lab-grown diamonds produced is growing. The market volume is expected to amount to about 19.2 million carats in 2030. Lab-grown diamonds, also known as synthetic diamonds, have the same physical properties of natural diamonds because they are created in a lab using a process that replicates the natural diamond growing process, but takes weeks rather than billions of years.

Market volume of lab-grown diamonds worldwide from 2009 to 2030

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Sources

Release date

December 2019

Region

Worldwide

Survey time period

2009 to 2016

Supplementary notes

*Forecast.

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Statistics on "Lab-grown diamond industry"

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