The growing trend towards lab-grown diamonds has captured the attention of various brands and manufacturers such as Rahi impex Blue Nile VRAI Brilliant Earth Jewelbox GIVA SOLITARIO Limelight Lab Grown Diamonds SWAROVSKI and many others. Maintaining this trend in comparison to natural diamonds poses an interesting challenge. While purchasing natural diamonds often provides a sense of authenticity , satisfaction and a true sense of luxury, the evolving narrative around sustainability and ethical sourcing in the diamond industry offers an opportunity for lab-grown diamond providers to position themselves as viable alternatives. Consequently, sustaining this trend may entail a strategic focus on highlighting the benefits of lab-grown diamonds, such as their ethical and environmental credentials, alongside continued innovation in production techniques and marketing strategies to appeal to shifting consumer preferences. Please feel free to share your thoughts about lab-grown diamonds and natural daimonds. which you feel more better! #luxuryretail #naturaldiamonds #labgrowndiamonds #jewellery #diamomdjewellery #trend #jewellerydemand
Indian diamond jewellery market will grow to US$ 17 bn by 2031 out of India's total gem & jewellery of US$ 120 bn from $ 79 bn in 2021. 2024 is likely to be a record year for gold mine production and jewellery demand will be firm but vulnerable to gold prices. #goldprices #diamondjewellery #jewellerydemand #diamondjewelrymarket #Indiajewellerymarket Read more at: https://lnkd.in/g9R9X3dq