Lab-grown diamonds are forecast to employ a total of 1.15 million people worldwide by the year 2050. One million people of that total are expected to be employed by the cutting and polishing of the diamonds. Comparatively, global diamond production employs approximately ten million people both directly and indirectly. According to the source, the cutting and polishing of 300,000 carats of lab-grown diamonds requires 950 workers. 650 carats of lab-grown diamonds can be produced by one machine annually, and every machine requires one qualified engineer or diploma holder to manage and run it.
Potential employment of lab-grown diamond production worldwide from 2026 to 2050, by production phase
(in 1,000s)
Characteristic
Diamond greenhouse
Cutting and polishing
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Frost & Sullivan. (January 14, 2015). Potential employment of lab-grown diamond production worldwide from 2026 to 2050, by production phase (in 1,000s) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1076362/global-lab-grown-diamond-potential-employment-by-production-phase/
Frost & Sullivan. "Potential employment of lab-grown diamond production worldwide from 2026 to 2050, by production phase (in 1,000s)." Chart. January 14, 2015. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1076362/global-lab-grown-diamond-potential-employment-by-production-phase/
Frost & Sullivan. (2015). Potential employment of lab-grown diamond production worldwide from 2026 to 2050, by production phase (in 1,000s). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1076362/global-lab-grown-diamond-potential-employment-by-production-phase/
Frost & Sullivan. "Potential Employment of Lab-grown Diamond Production Worldwide from 2026 to 2050, by Production Phase (in 1,000s)." Statista, Statista Inc., 14 Jan 2015, https://www.statista.com/statistics/1076362/global-lab-grown-diamond-potential-employment-by-production-phase/
Frost & Sullivan, Potential employment of lab-grown diamond production worldwide from 2026 to 2050, by production phase (in 1,000s) Statista, https://www.statista.com/statistics/1076362/global-lab-grown-diamond-potential-employment-by-production-phase/ (last visited July 27, 2024)
Potential employment of lab-grown diamond production worldwide from 2026 to 2050, by production phase (in 1,000s) [Graph], Frost & Sullivan, January 14, 2015. [Online]. Available: https://www.statista.com/statistics/1076362/global-lab-grown-diamond-potential-employment-by-production-phase/