Gemstones Market accounted for revenues worth US$  22 Bn  in 2026
                     Gemstones Market 
March 2020 Report Id : REP-AS-9459
Published On : April-17-2019
Category : Retail and Consumer Products
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Research Methodology (1/2)
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(manufacturers), distributors, retailers Primary 
Developing list of respondents and industry experts Research  Key industry experts
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Data is validated by triangulation Key strengths Company 
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Data validation and FMI analysis contribute to the final 
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Gemstones  Market  Analysis
Gemstones Market Estimated to Expand at a CAGR of 5% over 2018 to 2026 – Future Market Insights
• Global demand for gemstones is envisaged to surge steadily over the course of coming years. 
Gemstones worth nearly US$ 22 billion were sold in 2018, as reported by a new research intelligence 
outlook of Future Market Insights (FMI). 
• The global gemstones market revenues are likely to see moderate Y-o-Y growth of 4.4% in 2019.
Customization of Gemstones Jewelry & Ornaments Trending Rapidly
• According to FMI’s report, nearly 85% of overall sales of gemstones is accounted by jewelry and 
ornaments, a majority of which is accounted by gemstone-studded rings. 
• Customization of gems and jewelry has been trending since the recent past, which is creating high-
potential growth opportunities for gemstones market players. 
• The report suggests that a number of manufacturers and designers are exclusively focused on the 
development of innovative, customized gemstone jewelry designs by using cutting edge technologies 
such as rapid prototyping (RP) and computer-aided design (CAD). However, research also clearly points 
to steady growth in the rate of purchasing gemstones for luxury arts.
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Gemstones  Market  Analysis
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• Diamond holds an approximate revenue share of 80% of overall gemstones sales and has been 
projected to remain the bestselling type of gemstones over the years to come.
•  The report highlights promising growth in the demand for ruby, as indicated by the gemstones market 
forecast for the next few years. 
• At present, more than 85% of gemstones that are sold are in synthetic format. The study opines that 
the versatile physical attributes and relatively lower price point of gemstones in the synthetic format 
will continue to position them as a preferred choice over natural gemstones.
• Although low-end gemstones have been performing well in terms of sales over the recent past, high-
end gemstones market will continue to nurture the premium consumer base. 
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Gemstones  Market  Analysis
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Developed Regions Spearhead Global Gemstones Space, Asian Markets to Emerge Lucrative
• North America, with over 1/3rd share of the global gemstones market value, will remain the 
preeminent region for investment, for manufacturers, designers, and marketers of gemstones. 
• Moreover, according to the study, Europe also accounts for a considerably high value share in 
gemstones market – prominently owing to significant demand for diamond and precious gemstones 
jewelry.
• Furthermore, Asia Pacific - the hub for some of the high-quality, finest gemstone finds, is cited as an 
important regional market for both, diamond and colored gemstones.
•  FMI’s analysis points to China’s primacy in the APAC’s gemstones market, followed by India and Japan.
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Gemstones  Market  Analysis
Competition Analysis: Gemstones Market Players
• Supply of colored gemstones such as ruby, sapphire, emerald, and others is likely to remain fragmented, 
as colored gemstones has been defined as a small cottage industry. 
• The number of players is high and the products range is wide. On the other side, the market for 
diamond is governed by a few large players, owning concentrated mine pockets.
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• A majority of leading companies operating in the global gemstones market landscape are strategizing 
on the expansion of mining, production, and processing capacities of gemstones.
• Several players in gemstones market are also focusing their developmental strategies on mining, 
manufacturing, and processing of diamond. The report has profiled some of the prominent companies 
active in global gemstones market, including Gem Diamonds Limited, Rockwell Diamonds Inc., 
Debswana Diamond Company (Pty) Limited, Swarovski Group, Petra Diamonds Limited, Botswana 
Diamonds P.L.C, Stornoway Diamond Corporation, Arctic Star Exploration Corp., KGK Group, and others.
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Gemstones  Market  Analysis
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