The Gemstones Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Gemstones Market?
In recent years, the size of the gemstones market has seen substantial growth. The market size was at $31.32 billion in 2024 and is projected to expand to $33.43 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.7% during this period.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Gemstones Industry?
The gemstones market is forecasted to reach a market size of $42.76 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.3%.
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What are the Key Growth Drivers Fueling the Gemstones Market?
The drivers in the gemstones market are:
• Rise in royal patronage
• Increase in cultural symbolism
• Surge in gemstone discoveries
• Evolution in jewelry craftsmanship and shifts in fashion trends
Global Market Segmentation: Identifying Major Gemstones Industry Segments
The gemstones market covered in this report is segmented –
1) By Product Type: Diamond, Emerald, Ruby, Sapphire, Alexandrite, Topaz, Other Product Types
2) By Product Format: Natural, Synthetic
3) By Distribution: Store-Based, Non-Store-Based
4) By End User: Astrology, Jewelry and Ornaments, Luxury Arts, Other End Users
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What are the emerging Trends Shaping the Future of the Gemstones Market?
The trends in the gemstones market are:
• Increasing demand for sustainable and ethically sourced gemstones is a major trend shaping the market.
• The popularity of personalized and custom-made jewelry is driving the gemstone trends.
• Technological applications, particularly in electronics, are increasingly adopting gemstones.
• Lab-grown gemstones, advancements in cutting and polishing, gemstone setting techniques, and innovative jewelry products are shaping the future trends.
Who Are the Top Competitors & Leading Players in the Gemstones Market?
The major players in the gemstones market are:
• Rio Tinto Group
• Anglo American plc
• Alrosa
• Tiffany & Co
Regional Dominance: Which Area Leads the Global Gemstones Market Analysis 2025: Comprehensive Overview & Emerging Opportunities Market?
North America was the largest region in the gemstones market in 2024
