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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Market share of lab-grown diamonds worldwide in 2023, with forecast figures for 2024 and 2025
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Forbes. (September 23, 2024). Market share of lab-grown diamonds worldwide in 2023, with forecast figures for 2024 and 2025 [Graph]. In Statista. Retrieved April 01, 2025, from https://www.statista.com/statistics/1076048/global-market-share-of-lab-grown-diamonds/
Forbes. "Market share of lab-grown diamonds worldwide in 2023, with forecast figures for 2024 and 2025." Chart. September 23, 2024. Statista. Accessed April 01, 2025. https://www.statista.com/statistics/1076048/global-market-share-of-lab-grown-diamonds/
Forbes. (2024). Market share of lab-grown diamonds worldwide in 2023, with forecast figures for 2024 and 2025. Statista. Statista Inc.. Accessed: April 01, 2025. https://www.statista.com/statistics/1076048/global-market-share-of-lab-grown-diamonds/
Forbes. "Market Share of Lab-grown Diamonds Worldwide in 2023, with Forecast Figures for 2024 and 2025." Statista, Statista Inc., 23 Sep 2024, https://www.statista.com/statistics/1076048/global-market-share-of-lab-grown-diamonds/
Forbes, Market share of lab-grown diamonds worldwide in 2023, with forecast figures for 2024 and 2025 Statista, https://www.statista.com/statistics/1076048/global-market-share-of-lab-grown-diamonds/ (last visited April 01, 2025)
Market share of lab-grown diamonds worldwide in 2023, with forecast figures for 2024 and 2025 [Graph], Forbes, September 23, 2024. [Online]. Available: https://www.statista.com/statistics/1076048/global-market-share-of-lab-grown-diamonds/
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