Anglo American anticipates impairment for De Beers amid weak diamond demand
February 10, 2025IMARC Group’s Study: Jewelry Market Size, Industry Trends, Share, Growth & Forecast Report 2025-2033
February 11, 2025Lab Grown diamonds will drive $ 1 billion global diamond certification market by 2028
The global diamond certification market is projected to grow to USD 1 billion by 2028, up from USD 600 million currently, driven by a 25 per cent increase in lab-grown diamond (LGD) certifications.
In December, India’s LGD imports surged by 50 per cent month-on-month, while exports rose by 26 per cent, indicating inventory buildup and market share expansion.
India is a key player in the global LGD industry, ranking first in LGD exports with a 29 per cent market share. Alongside China, India accounts for nearly 80 per cent of global LGD production.
