Industry: Luxury Goods, Jewelry & Watches (Consumer Goods & Services)
Source: https://www.mordorintelligence.com/industry-reports/diamond-jewelry-market
Scraped Date: 2026-09-17
| Market Metric | Details |
|---|---|
| Base Market Size | USD 90.12 billion |
| Projected Forecast (2031) | USD 90.12 billion |
| Growth Rate (CAGR) | 4.57 % |
| Largest Market Region | N/A |
| Fastest-Growing Region | N/A |
!Major players in Diamond Jewelry industry
!Diamond Jewelry Market Share by Product Type, 2025
!Diamond Jewelry Market Share by Color Type, 2025
!Diamond Jewelry Market Share by Distribution Channels, 2025
!Diamond Jewelry Market Growth Rate by Region
!Diamond Jewelry Market Concentration
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Market Overview
Study Period
|
2021 - 2031
|
Market Size (2026)
|
USD 90.12 Billion
|
Market Size (2031)
|
USD 113.48 Billion
|
Growth Rate (2026 - 2031)
|
4.57 %
|
Fastest Growing Market
|
Europe
|
Largest Market
|
North America
|
Market Concentration
|
Low
|
Major Players
*Disclaimer: Major Players sorted in no particular order
Image © Vijeron Intelligence. Reuse requires attribution under CC BY 4.0.
|
Diamond Jewelry Market Analysis by Vijeron Intelligence
The Diamond jewelry market size was valued at USD 90.12 billion in 2026 and is estimated to reach USD 113.48 billion by 2031, at a CAGR of 4.57% during the forecast period from 2026 to 2031. Demand is separating into accessible lab-grown purchases and higher-value natural diamond purchases. Bridal jewelry remains an important demand base, while gifting and self-purchase occasions are expanding the role of non-bridal formats. Supply reductions by major natural diamond producers may support premium positioning but can also raise input-cost pressure for manufacturers. Digital selling is growing faster than store-based selling, although physical retail remains central to high-value purchases that require product inspection and trust. The Diamond jewelry market is therefore shaped by both broader access to diamond jewelry and a stronger focus on provenance, certification, and premium customer experience.
Key Report Takeaways
Market Trends and Insights
Drivers Impact Analysis of Diamond Jewelry Market*
Driver |
(~) % Impact on CAGR Forecasts |
Geographic Relevance |
Impact Timeline |
Growing demand for bridal and wedding jewelry
|
+1.2%
|
Global; North America, India, China
|
Short term
|
Increasing jewelry customization
|
+0.8%
|
Global; North America, W. Europe
|
Medium term
|
Rising influence of social media and celebrity culture
|
+0.7%
|
Global; North America, Europe, APAC
|
Short term
|
Growing demand for sustainable and ethically sourced diamonds
|
+0.5%
|
North America, Europe; spill to India, MEA
|
Medium term
|
Product innovation and contemporary designs
|
+0.6%
|
Global; led by North America & W. Europe
|
Medium term
|
Increasing preference for luxury and premium products
|
+0.4%
|
Global; North America, Europe, MEA luxury hubs
|
Long term
|
Source: Vijeron Intelligence
|
Competitive Landscape
The Diamond jewelry market is fragmented in nature, reflecting a fragmented structure in which no company holds more than a mid-single-digit share of global revenue. Luxury groups compete through brand recognition, design expertise, high-jewelry events, and direct client relationships. Richemont’s Jewelry Maisons include Cartier, Van Cleef & Arpels, Buccellati, and Vhernier. The group reported 7 consecutive quarters of double-digit jewelry sales growth by Q1 FY2027. Its FY2026 jewelry sales reached EUR 16.5 billion, equivalent to USD 19.2 billion.
Specialty retailers compete on assortment, financing, customer service, and the connection between stores and online platforms. Signet generated FY2026 sales of USD 6.81 billion, with average unit retail increasing 7%. Brilliant Earth raised its 2026 adjusted EBITDA guidance after reporting Q2 adjusted EBITDA of USD 5.8 million, up 81.3% year over year. Chow Tai Fook plans to increase its international store count from 8 to 50 by FY2030, including new locations in Sydney and Singapore. This strategy expands the group’s access to consumers outside its traditional home markets. The Diamond jewelry market therefore offers space for companies that can serve mid-priced buyers with credible sourcing, design variety, and transparent pricing.
Technology is increasingly affecting competition through product traceability and online selling. De Beers’ Tracr platform is used in supply chain operations with Signet and Chow Tai Fook, enabling a documented mine-to-market record. India chaired the Kimberley Process in 2026 and called for stronger digital traceability requirements. Smaller suppliers may find it harder to meet these documentation expectations. Richemont reported that direct-to-client sales represented 85% of Jewelry Maisons sales in Q3 FY2026. Direct relationships allow major luxury brands to manage client experience and preserve margins. These conditions favor brands that can combine product origin records with high-quality service across every sales channel.
Diamond Jewelry Industry Leaders
*
Signet Jewelers Limited
*
De Beers Group
*
LVMH Moët Hennessy Louis Vuitton SE
*
Richemont SA
*
Titan Company Limited
*
*Disclaimer: Major Players sorted in no particular order
Image © Vijeron Intelligence. Reuse requires attribution under CC BY 4.0.
Global Diamond Jewelry Market Report Scope
Product Type
Rings
|
Necklaces
|
Earrings
|
Bracelets
|
Pendants
|
Chains
|
Other Product Types
|
By Geography
North America
|
United States
|
|
Canada
|
|
Mexico
|
|
Rest of North America
|
Europe
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Germany
|
|
United Kingdom
|
|
France
|
|
Italy
|
|
Spain
|
|
Netherlands
|
|
Sweden
|
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Poland
|
|
Belgium
|
|
Rest of Europe
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Asia-Pacific
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China
|
|
India
|
|
Japan
|
|
Australia
|
|
South Korea
|
|
Vietnam
|
|
Indonesia
|
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Rest of Asia-Pacific
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South America
|
Brazil
|
|
Argentina
|
|
Chile
|
|
Peru
|
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Colombia
|
|
Rest of South America
|
Middle East and Africa
|
United Arab Emirates
|
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Saudi Arabia
|
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South Africa
|
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Nigeria
|
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Rest of Middle East and Africa
|
The sector is projected to reach USD 113.48 billion by 2031, growing at a CAGR of 4.57% from 2026.
Rings led product value with a 48.67% share in 2025, supported by engagement and wedding purchases.
Natural diamonds are forecast to grow faster at a 6.35% CAGR through 2031, while lab-grown diamonds held 65.43% of 2025 value.
Platinum is forecast to grow at a 5.79% CAGR as its price position versus gold supports retailer inventory decisions and consumer demand.