
- Ben Burne -August 22, 2023
The Future Of The Diamond Industry
By Benjamin Burne, CEO,
Industry Trends
The diamond industry has always been a fascinating and dynamic market, with trends constantly shifting. As we move further into 2023, certain patterns have emerged that provide valuable insights into the future direction of the industry.
Bigger Pieces and Statement Jewelry
Despite the rise of lab-grown diamonds, there remains a strong demand for bigger pieces of finished jewelry and larger diamonds. Customers are still willing to invest in these statement pieces, albeit at lower prices in some cases. The allure of owning a remarkable, sizable diamond continues to attract buyers, maintaining a steady market for these precious gems.
Lab-Grown Diamonds Challenging Commercial Jewelry
Lab-grown diamonds are challenging natural diamonds especially those of SI2 to I2 qualities in bigger sizes. Their ability to offer high quality, man-made diamonds at more affordable prices has posed a challenge to traditional





