Surge in demand to push up Diamond industry to reach $1.6...

Surge in demand to push up Diamond industry to reach $1.6 Billion by 2032.

Prime determinants of growth :-
The rising demand for luxury and high-value products is likely to propel the market for diamonds to significant growth in the upcoming years. The rising popularity of technologies like augmented reality which can provide in-person experience during digital purchases is providing a new source of revenue for the market.

The increasing alertness of consumers towards the ethical credentials of the diamonds along with the sustainability consideration has led the players to ensure a reassurance process, shrinkage of finance in the diamond industry and harmful impact of diamond mining on the environment restrain the market growth to some extent. Nevertheless, rise in concern for sustainable environmental growth and

Petra Diamonds Rio Tinto Lucara Diamond Alrosa Company Limited Anglo American Arctic Canadian Diamond Mountain Province Diamonds Inc. Gem Diamonds Limited Stornoway Diamonds Rosy Blue Lucapa Diamond Company Ltd Star Diamond Corp. R.MITTAL DIAMONDS PRIVATE LIMITED Henan Huanghe Whirlwind Co., Ltd. Tsodilo Resources Ltd


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