Gemstones Market Report 2024

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GLOBAL GEMSTONES MARKET REPORT 2024
Global,Regional,CountryAnalysis
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INTRODUCTION
The jewelry and luxury industries heavily depend
on the worldwide gemstone market, a thriving and
dynamic sector. Gemstones have long been
treasured and enthrall buyers worldwide because
of their rarity, beauty, and symbolic value.
These developments empower businesses to offer
better-tailored solutions and services, which, in
turn, contribute to the growth of the gemstones
industry.
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KEY INSIGHTS
MARKET SIZE USD 33.2 billion
2023
CAGR 6.00
2023- 2030
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REVENUE MARKET SHARE BY SEGMENTS 2022

• Precious
• Semi-Precious

Type Segment

• Diamond
• Emerald
• Ruby
• Sapphire
• Exandrite
• Topaz

• Astrology
• Jewelry and Ornaments
• Luxury Arts

Application Segment
Product Segment

• Natural
• Synthetic

Nature Segment
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Global Gemstones Market Revenue share for 2022
North America 38
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Increasing Demand for Fashion and Luxury Goods
Industries to Drive Market Growth
Drivers
Supply Chain Challenges to Hinder Market Growth
Restraints
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AUTHOR'S PERSPECTIVE

• The Global Gemstones Market is witnessing
  significant growth in the near future.
• Diamonds, which are prized for their brightness
  and remarkable durability, are frequently used in
  engagement rings, upscale jewelry, and as
  investments.
• Gemstones are frequently used in earrings,
  whether studs, dangles, or chandelier-style
  creations.
• Natural gemstones are highly valued for their
  uniqueness, scarcity, and beauty.
• Luxury and expensive jewelry collections often
  include diamonds prominently.
• Making unique and customized jewelry involves
  choosing the diamond's shape, cut, carat weight,
  color, and clarity.

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KEY PLAYERS
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