Global Diamond and Gemstone Market Overview:
Diamond and Gemstone are the minerals that are polished and cut into various shapes for making jewelry and ornaments. The use of diamonds and gemstone as a luxury and fashion statement has increased their demand in developed countries. Furthermore, the rising craze of diamond and gemstone from women is the booming the market growth.
- Rising Demand from Emerging Economies
- Increasing Demand for Diamond and Gemstone Jewellery
- The Popularity of Online Shopping
- Increasing Labor Costs
- Fluctuation in Diamond and Gemstone Prices
- Preference for Branded Ornaments
- Adoption of Kimberly Process Certification System
In Diamond and Gemstone Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Some of the key players profiled in the report are CARTIER International SNC (France), Harry Winston, Inc. (United States), Tiffany & Co. (United States), Vab Cleef and Arpels (France), Graff (United Kingdom), Hearts On Fire Company, LLC (United States), Chow Tai Fook (China), Petra Diamonds Ltd (United Kingdom), Gemfields Group Ltd (United Kingdom), De Beers Group (United Kingdom) and Alrosa (Russia). Additionally, following companies can also be profiled that are part of our coverage like Jubilee Enterprise Public Co., Ltd. (Thailand), Kim Keat Jewellery Factory Pte Ltd. (Singapore), Habib Jewels (Malaysia), Lee Seng Jewelry, Golden dew (Korea), Van Cleef & Arpels (France) and Tomei Group (China). Analyst at AdvanceMarketAnalytics see United Kingdom, United States Vendors to retain maximum share of Global Diamond and Gemstone market by 2025. Considering Market by Color, the sub-segment i.e. Colored will boost the Diamond and Gemstone market. Considering Market by Product, the sub-segment i.e. Earring will boost the Diamond and Gemstone market.
In August 2018, Cartier a luxury watchmaker and jewelry provider has launched an ongoing partnership with YNAPís e-commerce platforms Net-a-Porter and Mr Porter. The addition of Cartier marks a focus on expanding its fine jewellery and luxury watch categories for YNAPís customers.
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:The top-down and bottom-up approaches are used to estimate and validate the size of the Global Diamond and Gemstone market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Diamond and Gemstone market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Diamond and Gemstone Providers, Raw Material Suppliers, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations and End Users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.