다이아몬드 시장 예측 : 규모, 점유율, 성장률, 산업 분석, 유형별, 용도별, 지역별 인사이트(2026-2034년)

Growth Factors of diamond Market

The global diamond market represents a critical segment of both the luxury goods industry and industrial manufacturing due to the material's unmatched hardness, durability, and optical properties. According to report-year data, the diamond market size was valued at USD 102.06 billion in 2025. The market increased to USD 106.76 billion in 2026 and is projected to reach USD 153.1 billion by 2034, reflecting consistent expansion driven by jewelry consumption and industrial applications. North America dominated the global diamond market with a 55% market share in 2025, supported by high disposable income and strong demand for wedding and luxury jewelry. The U.S. diamond market is projected to grow significantly, reaching USD 68.64 billion by 2032, largely due to rising global jewelry consumption.

Diamonds are among the hardest naturally occurring materials and are widely recognized as gemstones. Market growth is supported by increasing use in jewelry manufacturing, industrial cutting and drilling, construction, and research applications where extreme hardness, thermal conductivity, and optical dispersion are required. The unique properties of diamonds allow their use across both luxury and functional industries, supporting long-term market demand.

Impact of COVID-19 on the Diamond Market

The COVID-19 pandemic disrupted the diamond market globally due to mine closures, limited polishing and cutting operations, and supply chain interruptions. Key diamond-producing and consuming countries, including the U.S., India, China, and Russia, imposed lockdowns that affected mining, manufacturing, and jewelry retail operations. Although demand weakened during the pandemic period, the market gradually recovered and returned to pre-pandemic levels. China played a significant role in global recovery due to its rapid economic rebound and strong consumer demand.

Diamond Market Trends

A major trend shaping the market is the rising demand for innovative and customized jewelry designs, driven by changing consumer preferences. Consumers increasingly favor colorful and unique jewelry pieces, creating strong opportunities for both natural and synthetic diamond producers. The rapid growth of online jewelry platforms has further boosted consumption, as customers increasingly prefer digital purchasing channels for convenience and time savings. The growing acceptance of lab-grown diamonds has also expanded the consumer base, particularly among younger buyers.

Diamond Market Growth Factors

Growing Demand from the Jewelry Industry

Diamonds have long been associated with luxury, weddings, and special occasions. Their exceptional thermal conductivity, optical brilliance, and durability continue to drive demand from the jewelry sector. Rising disposable income, increased influence of fashion trends, and expanding bridal jewelry markets are key drivers. Lab-grown diamonds, which are physically and chemically identical to mined diamonds, are gaining popularity due to affordability and ethical considerations, further supporting market growth.

Expanding Industrial Applications

Diamonds play a vital role in industrial cutting, grinding, drilling, and polishing tools. Diamond-based cutting tools are widely used to machine hard materials such as tungsten carbide, granite, ceramics, and high-silicon aluminum. Rapid industrialization, infrastructure development, and increasing demand for precision tools are driving growth in industrial diamond consumption worldwide.

Market Restraints

The high price volatility of natural diamonds remains a key restraining factor. Rising costs from mining to retail, currency fluctuations, limited production, and international trade regulations have made natural diamonds less affordable for middle- and lower-income consumers. Polished diamonds remain significantly more expensive than rough stones, limiting broader adoption in certain applications and regions.

Segmentation Analysis

By Type

The market is segmented into natural and synthetic diamonds. The synthetic diamond segment dominated with a 96.97% share in 2026, driven by lower costs, wide availability, and extensive use in construction and industrial tools. Synthetic diamonds are also increasingly adopted in jewelry, particularly for weddings, influenced by Western cultural trends.

By Product

Based on product, the market is segmented into rough and polished diamonds. The rough diamond segment accounted for 76.63% of the market share in 2026, supported by its lower cost and widespread use in drilling equipment, cutting tools, and optical grinding wheels. Polished diamonds continue to gain traction in jewelry applications.

By Application

The jewelry segment dominated the market with a 94.79% share in 2026, driven by rising disposable income, brand expansion, and social media influence. The industrial segment benefits from increased mining, construction, and manufacturing activity, particularly in developing economies.

Regional Insights

North America recorded a market size of USD 59.29 billion in 2026, driven by strong wedding jewelry demand and high consumer spending. Asia Pacific is experiencing steady growth, supported by large populations and expanding middle classes in China and India. Europe benefits from high per-capita income and the presence of major producers. Latin America and the Middle East & Africa are growing due to industrialization and infrastructure investments.

Competitive Landscape

Key players in the diamond market focus on geographic expansion, distribution strength, and product diversification. Major companies include KGK Group, De Beers, Rio Tinto, Petra Diamonds, and Alrosa. Industry developments such as facility expansions, acquisitions, and lab-grown diamond distribution partnerships continue to reshape the competitive environment.

Report Coverage

The diamond market report delivers a comprehensive analysis of market size and market value for 2025, 2026, and 2034, covering trends, drivers, restraints, segmentation, regional performance, competitive landscape, and recent industry developments, strictly aligned with the specified report years and source data.

Conclusion

The global diamond market shows stable and long-term growth across the report years 2025, 2026, and 2034, supported by strong demand from the jewelry sector and expanding industrial applications. Rising disposable income, evolving consumer preferences for innovative and customized jewelry, and the growing acceptance of lab-grown diamonds continue to strengthen market momentum. North America maintains its leadership position due to high consumer spending and wedding jewelry demand, while Asia Pacific and emerging regions benefit from population growth and industrialization. Although price volatility of natural diamonds remains a restraint, the increasing availability of synthetic diamonds and technological advancements in industrial uses are expected to support sustained market expansion over the forecast period.

Segmentation By Type

• Synthetic
• Natural

By Product

• Rough
• Polished

By Application

• Jewelry
• Industrial

By Geography

• North America (By Type, By Product, By Application, By Country)
  • U.S. (By Application)
  • Canada (By Application)
• Europe (By Type, By Product, By Application, By Country)
  • Germany (By Application)
  • Italy (By Application)
  • Russia (By Application)
  • Rest of Europe (By Application)
• Asia Pacific (By Type, By Product, By Application, By Country)
  • China (By Application)
  • Japan (By Application)
  • India (By Application)
  • Taiwan (By Application)
  • Rest of Asia Pacific (By Application)
• Rest of World (By Type, By Product, By Application, By Country)
  • Latin America (By Application)
• Middle East & Africa (Application)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities

4. Key Insights

• 4.1. Key Emerging Trends - For Major Regions
• 4.2. Key Developments: Capacity Expansions, Acquisitions, Partnerships, etc.
• 4.3. Latest Technological Advancement
• 4.4. Insights on Regulatory Scenario
• 4.5. Porters Five Forces Analysis
• 4.6. Impact of COVID-19 on Global Diamond Market

5. Global Diamond Market Analysis, Insights and Forecast, 2021-2034

• 5.1. Key Findings / Summary
• 5.2. By Type (Value)
  • 5.2.1. Synthetic
  • 5.2.2. Natural
• 5.3. By Product (Value)
  • 5.3.1. Rough
  • 5.3.2. Polished
• 5.4. By Application (Value)
  • 5.4.1. Jewelry
  • 5.4.2. Industrial
• 5.5. By Region (Value)
  • 5.5.1. North America
  • 5.5.2. Europe
  • 5.5.3. Asia Pacific
  • 5.5.4. Rest of World

6. North America Diamond Market Analysis, Insights and Forecast, 2021-2034

• 6.1. Key Findings / Summary
• 6.2. By Type (Value)
  • 6.2.1. Synthetic
  • 6.2.2. Natural
• 6.3. By Product (Value)
  • 6.3.1. Rough
  • 6.3.2. Polished
• 6.4. By Application (Value)
  • 6.4.1. Jewelry
  • 6.4.2. Industrial
• 6.5. By Country (Value)
  • 6.5.1. U.S
    • 6.5.1.1. By Application (Value)
      • 6.5.1.1.1. Jewelry
      • 6.5.1.1.2. Industrial
  • 6.5.2. Canada
    • 6.5.2.1. By Application (Value)
      • 6.5.2.1.1. Jewelry
      • 6.5.2.1.2. Industrial

7. Europe Diamond Market Analysis, Insights and Forecast, 2021-2034

• 7.1. Key Findings / Summary
• 7.2. By Type (Value)
  • 7.2.1. Synthetic
  • 7.2.2. Natural
• 7.3. By Product (Value)
  • 7.3.1. Rough
  • 7.3.2. Polished
• 7.4. By Application (Value)
  • 7.4.1. Jewelry
  • 7.4.2. Industrial
• 7.5. By Country (Value)
  • 7.5.1. Germany
    • 7.5.1.1. By Application (Value)
      • 7.5.1.1.1. Jewelry
      • 7.5.1.1.2. Industrial
  • 7.5.2. Italy
    • 7.5.2.1. By Application (Value)
      • 7.5.2.1.1. Jewelry
      • 7.5.2.1.2. Industrial
  • 7.5.3. Russia
    • 7.5.3.1. By Application (Value)
      • 7.5.3.1.1. Jewelry
      • 7.5.3.1.2. Industrial
  • 7.5.4. Rest of Europe
    • 7.5.4.1. By Application (Value)
      • 7.5.4.1.1. Jewelry
      • 7.5.4.1.2. Industrial

8. Asia-Pacific Diamond Market Analysis, Insights and Forecast, 2021-2034

• 8.1. Key Findings / Summary
• 8.2. By Type (Value)
  • 8.2.1. Synthetic
  • 8.2.2. Natural
• 8.3. By Product (Value)
  • 8.3.1. Rough
  • 8.3.2. Polished
• 8.4. By Application (Value)
  • 8.4.1. Jewelry
  • 8.4.2. Industrial
• 8.5. By Country (Value)
  • 8.5.1. China
    • 8.5.1.1. By Application (Value)
      • 8.5.1.1.1. Jewelry
      • 8.5.1.1.2. Industrial
  • 8.5.2. Japan
    • 8.5.2.1. By Application (Value)
      • 8.5.2.1.1. Jewelry
      • 8.5.2.1.2. Industrial
  • 8.5.3. India
    • 8.5.3.1. By Application (Value)
      • 8.5.3.1.1. Jewelry
      • 8.5.3.1.2. Industrial
  • 8.5.4. Taiwan
    • 8.5.4.1. By Application (Value)
      • 8.5.4.1.1. Jewelry
      • 8.5.4.1.2. Industrial
  • 8.5.5. Rest of Asia Pacific
    • 8.5.5.1. By Application (Value)
      • 8.5.5.1.1. Jewelry
      • 8.5.5.1.2. Industrial

9. Rest of World Diamond Market Analysis, Insights and Forecast, 2021-2034

• 9.1. Key Findings / Summary
• 9.2. By Type (Value)
  • 9.2.1. Synthetic
  • 9.2.2. Natural
• 9.3. By Product (Value)
  • 9.3.1. Rough
  • 9.3.2. Polished
• 9.4. By Application (Value)
  • 9.4.1. Jewelry
  • 9.4.2. Industrial
• 9.5. By Sub-Region (Value)
  • 9.5.1. Latin America
    • 9.5.1.1. By Application (Value)
      • 9.5.1.1.1. Jewelry
      • 9.5.1.1.2. Industrial
  • 9.5.2. Middle East & Africa
    • 9.5.2.1. By Application (Value)
      • 9.5.2.1.1. Jewelry
      • 9.5.2.1.2. Industrial

10. Company Profiles

• 10.1. KGK Group
  • 10.1.1. Overview
  • 10.1.2. Description
  • 10.1.3. Product Portfolio
  • 10.1.4. Financials (Data as available in public domain and/or on paid databases)
  • 10.1.5. Recent Developments
• 10.2. De Beers
  • 10.2.1. Overview
  • 10.2.2. Description
  • 10.2.3. Product Portfolio
  • 10.2.4. Financials (Data as available in public domain and/or on paid databases)
  • 10.2.5. Recent Developments
• 10.3. Rio Tinto
  • 10.3.1. Overview
  • 10.3.2. Description
  • 10.3.3. Product Portfolio
  • 10.3.4. Financials (Data as available in public domain and/or on paid databases)
  • 10.3.5. Recent Developments
• 10.4. ARCTIC CANADIAN DIAMOND COMPANY LTD
  • 10.4.1. Overview
  • 10.4.2. Description
  • 10.4.3. Product Portfolio
  • 10.4.4. Financials (Data as available in public domain and/or on paid databases)
  • 10.4.5. Recent Developments
• 10.5. Petra Diamonds
  • 10.5.1. Overview
  • 10.5.2. Description
  • 10.5.3. Product Portfolio
  • 10.5.4. Financials (Data as available in public domain and/or on paid databases)
  • 10.5.5. Recent Developments
• 10.6. Alrosa
  • 10.6.1. Overview
  • 10.6.2. Description
  • 10.6.3. Product Portfolio
  • 10.6.4. Financials (Data as available in public domain and/or on paid databases)
  • 10.6.5. Recent Developments
• 10.7. Argyle
  • 10.7.1. Overview
  • 10.7.2. Description
  • 10.7.3. Product Portfolio
  • 10.7.4. Financials (Data as available in public domain and/or on paid databases)
  • 10.7.5. Recent Developments
• 10.8. WD Lab Grown Diamonds
  • 10.8.1. Overview
  • 10.8.2. Description
  • 10.8.3. Product Portfolio
  • 10.8.4. Financials (Data as available in public domain and/or on paid databases)
  • 10.8.5. Recent Developments
• 10.9. Gem Diamonds
  • 10.9.1. Overview
  • 10.9.2. Description
  • 10.9.3. Product Portfolio
  • 10.9.4. Financials (Data as available in public domain and/or on paid databases)
  • 10.9.5. Recent Developments
• 10.10. Sagar Diamonds
  • 10.10.1. Overview
  • 10.10.2. Description
  • 10.10.3. Product Portfolio
  • 10.10.4. Financials (Data as available in public domain and/or on paid databases)
  • 10.10.5. Recent Developments

11. Strategic Recommendations