Global market share of lab-grown diamonds 2023-2025

Published by
Madhumitha Jaganmohan,
Dec 9, 2024

Lab-grown diamonds are gaining an increasing share of the  global diamond market each year, with the market share expected to amount to over 21 percent in 2025. In 2023, lab-diamonds accounted for 14.3 percent of the worldwide diamond market.

Lab-grown diamonds, also known as synthetic diamonds, have the same physical properties of natural diamonds because they are created in a lab using technology that replicates the natural diamond growing process.

Market share of lab-grown diamonds worldwide in 2023, with forecast figures for 2024 and 2025

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Release date

September 2024

Region

Worldwide

Survey time period

2023

Supplementary notes

*Forecast.

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