Gemstones Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)
Market Report I 2025-08-12 I 178 Pages I EMR Inc.
The global gemstones market size is projected to grow at a CAGR of 6.10% in the forecast period of 2025-2034.
Gemstones Market Share by Product
Diamonds are one of the most popular, precious, and expensive gemstones in the world. The growth of the diamond market can be attributed to the association of the gemstone as a symbol of love, endurance, strength, resilience, and commitment. Diamonds are available in diverse colours like yellow, pink, white, and blue; white diamonds, however, enjoy substantial popularity.
The growing focus on ethical sourcing and sustainability and the increasing number of environmentally friendly customers are bolstering the shift towards lab-grown diamonds. Key jewellery market players are also launching lab-grown diamonds with lowered costs and improved aesthetic appeal.
In August 2023, Pandora announced the expansion of its lab-grown diamond assortment and launched three new collections of lab-grown diamonds with enhanced accessibility and reduced prices.
Technological advancements and innovations boosting the traceability and transparency of diamonds are likely to fuel the gemstones market growth in the region. The development of innovative diamond polishing, mining, and cutting methods with improved productivity and lowered prices is anticipated to aid the market in the forecast period.
Gemstones: Market Segmentation
A gemstone refers to a precious or semi-precious stone, a piece of mineral crystal, which is widely used in cut and polished forms to prepare jewellery. Some rocks or organic materials, that do not fall under the category of minerals, are also used for jewellery and are often considered gemstones. Gemstones are known for their lustre and other properties, exhibiting an aesthetic value.
Based on nature, the market is bifurcated into:
- Natural
- Synthetic
By type, the gemstones market segmentation includes:
- Precious
- Semi-Precious
On the basis of product, the market is categorised into:
- Diamond
- Jade
- Sapphire
- Ruby
- Emerald
- Others
Based on application, the market can be segmented into:
- Astrology
- Jewellery and Ornaments
- Luxury Arts
- Others
Market breakup by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Share By Application
Growing Demand for Jewelleries and Ornaments to Bolster the Gemstones Market Growth
The growing demand for jewellery and ornaments is driving the growth of the market. The rising consumer disposable incomes and improving living standards, particularly in emerging nations, is also propelling the market.
Moreover, the rising demand for coloured gemstones and the growing acceptance of gemstones in synthetic format owing to their affordable nature are also contributing to the market growth.
Over the forecast period, the growing trend of customising gemstone jewellery designs is expected to aid the market growth. The market is also anticipated to be supported in the forecast period by innovations in new designs and advancements in cutting-edge technologies like rapid prototyping (RP) and computer-aided design (CAD).
Rising Interest in Astrology to Favour the Gemstones Market Demand
In the astrology sector, gemstones are widely used as they are associated with various healing and metaphysical properties in diverse belief systems and cultures. The correspondence of gemstones with planets and zodiac signs in ancient practices like Ayurveda and Vedic systems is further boosting their demand.
Various companies are also launching several programmes and campaigns to enhance customer awareness regarding the benefits of such stones.
Market Share by Region
The Asia Pacific to Create Lucrative Opportunities for the Gemstones Market Expansion
The Asia Pacific is expected to be a significant market for the product over the forecast period. The growing demand for gemstones from emerging countries like China and India owing to the rising disposable incomes and the increased usage of ornaments in ceremonies is supporting the market growth in the Asia Pacific. The expansion of the organised retail sector in the region owing to the growing consumer awareness and increased investments in marketing is also supporting the market growth.
Meanwhile, the Europe and North America gemstones market growth can be attributed to the high consumer purchasing power and the growing demand for precious gemstones.
In the Middle East and Africa, ornamental stones and gemstones are widely used in the manufacturing of jewellery. The surging trend of customisation and personalisation of jewellery is also propelling the market for gemstones. Besides, Africa has established its position as a prominent supplier of gemstones in the world.
Key Players in the Global Gemstones Market
The report gives a detailed analysis of the following key players in the market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Gem Diamonds Limited
- Kiran Gems Private Limited
- Bric Jewels Co. Ltd.
- Gemfields Group Limited
- The Rare Gemstone Company
- PJSC ALROSA
- Fura Gems INC
- Debswana Diamond Company (Pty) Limited
- KGK Group
- Botswana Diamonds PLC
- Anglo American plc
- Lucara Diamond
- Pangolin Diamonds Corp.
- Pala International
- Rio Tinto Group
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Gemstones Market Analysis
5.1 Key Industry Highlights
5.2 Global Gemstones Historical Market (2018-2024)
5.3 Global Gemstones Market Forecast (2025-2034)
5.4 Global Gemstones Market by Nature
5.4.1 Natural
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Synthetic
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.5 Global Gemstones Market by Type
5.5.1 Precious
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Semi-Precious
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.6 Global Gemstones Market by Product
5.6.1 Diamond
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Jade
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Sapphire
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Ruby
5.6.4.1 Historical Trend (2018-2024)
5.6.4.2 Forecast Trend (2025-2034)
5.6.5 Emerald
5.6.5.1 Historical Trend (2018-2024)
5.6.5.2 Forecast Trend (2025-2034)
5.6.6 Others
5.7 Global Gemstones Market by Application
5.7.1 Astrology
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Jewellery and Ornaments
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Luxury Arts
5.7.3.1 Historical Trend (2018-2024)
5.7.3.2 Forecast Trend (2025-2034)
5.7.4 Others
5.8 Global Gemstones Market by Region
5.8.1 North America
5.8.1.1 Historical Trend (2018-2024)
5.8.1.2 Forecast Trend (2025-2034)
5.8.2 Europe
5.8.2.1 Historical Trend (2018-2024)
5.8.2.2 Forecast Trend (2025-2034)
5.8.3 Asia Pacific
5.8.3.1 Historical Trend (2018-2024)
5.8.3.2 Forecast Trend (2025-2034)
5.8.4 Latin America
5.8.4.1 Historical Trend (2018-2024)
5.8.4.2 Forecast Trend (2025-2034)
5.8.5 Middle East and Africa
5.8.5.1 Historical Trend (2018-2024)
5.8.5.2 Forecast Trend (2025-2034)
6 North America Gemstones Market Analysis
6.1 Market by Nature
6.2 Market by Type
6.3 Market by Product
6.4 Market by Application
6.5 Market by Country
6.5.1 United States of America
6.5.1.1 Historical Trend (2018-2024)
6.5.1.2 Forecast Trend (2025-2034)
6.5.2 Canada
6.5.2.1 Historical Trend (2018-2024)
6.5.2.2 Forecast Trend (2025-2034)
7 Europe Gemstones Market Analysis
7.1 Market by Nature
7.2 Market by Type
7.3 Market by Product
7.4 Market by Application
7.5 Market by Country
7.5.1 United Kingdom
7.5.1.1 Historical Trend (2018-2024)
7.5.1.2 Forecast Trend (2025-2034)
7.5.2 Germany
7.5.2.1 Historical Trend (2018-2024)
7.5.2.2 Forecast Trend (2025-2034)
7.5.3 France
7.5.3.1 Historical Trend (2018-2024)
7.5.3.2 Forecast Trend (2025-2034)
7.5.4 Italy
7.5.4.1 Historical Trend (2018-2024)
7.5.4.2 Forecast Trend (2025-2034)
7.5.5 Others
8 Asia Pacific Gemstones Market Analysis
8.1 Market by Nature
8.2 Market by Type
8.3 Market by Product
8.4 Market by Application
8.5 Market by Country
8.5.1 China
8.5.1.1 Historical Trend (2018-2024)
8.5.1.2 Forecast Trend (2025-2034)
8.5.2 Japan
8.5.2.1 Historical Trend (2018-2024)
8.5.2.2 Forecast Trend (2025-2034)
8.5.3 India
8.5.3.1 Historical Trend (2018-2024)
8.5.3.2 Forecast Trend (2025-2034)
8.5.4 ASEAN
8.5.4.1 Historical Trend (2018-2024)
8.5.4.2 Forecast Trend (2025-2034)
8.5.5 South Korea
8.5.5.1 Historical Trend (2018-2024)
8.5.5.2 Forecast Trend (2025-2034)
8.5.6 Australia
8.5.6.1 Historical Trend (2018-2024)
8.5.6.2 Forecast Trend (2025-2034)
8.5.7 Others
9 Latin America Gemstones Market Analysis
9.1 Market by Nature
9.2 Market by Type
9.3 Market by Product
9.4 Market by Application
9.5 Market by Country
9.5.1 Brazil
9.5.1.1 Historical Trend (2018-2024)
9.5.1.2 Forecast Trend (2025-2034)
9.5.2 Argentina
9.5.2.1 Historical Trend (2018-2024)
9.5.2.2 Forecast Trend (2025-2034)
9.5.3 Mexico
9.5.3.1 Historical Trend (2018-2024)
9.5.3.2 Forecast Trend (2025-2034)
9.5.4 Others
10 Middle East and Africa Gemstones Market Analysis
10.1 Market by Nature
10.2 Market by Type
10.3 Market by Product
10.4 Market by Application
10.5 Market by Country
10.5.1 Saudi Arabia
10.5.1.1 Historical Trend (2018-2024)
10.5.1.2 Forecast Trend (2025-2034)
10.5.2 United Arab Emirates
10.5.2.1 Historical Trend (2018-2024)
10.5.2.2 Forecast Trend (2025-2034)
10.5.3 Nigeria
10.5.3.1 Historical Trend (2018-2024)
10.5.3.2 Forecast Trend (2025-2034)
10.5.4 South Africa
10.5.4.1 Historical Trend (2018-2024)
10.5.4.2 Forecast Trend (2025-2034)
10.5.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Competitive Landscape
13.1 Supplier Selection
13.2 Key Global Players
13.3 Key Regional Players
13.4 Key Player Strategies
13.5 Company Profiles
13.5.1 Gem Diamonds Limited
13.5.1.1 Company Overview
13.5.1.2 Product Portfolio
13.5.1.3 Demographic Reach and Achievements
13.5.1.4 Certifications
13.5.2 Kiran Gems Private Limited
13.5.2.1 Company Overview
13.5.2.2 Product Portfolio
13.5.2.3 Demographic Reach and Achievements
13.5.2.4 Certifications
13.5.3 Bric Jewels Co. Ltd.
13.5.3.1 Company Overview
13.5.3.2 Product Portfolio
13.5.3.3 Demographic Reach and Achievements
13.5.3.4 Certifications
13.5.4 Gemfields Group Limited
13.5.4.1 Company Overview
13.5.4.2 Product Portfolio
13.5.4.3 Demographic Reach and Achievements
13.5.4.4 Certifications
13.5.5 The Rare Gemstone Company
13.5.5.1 Company Overview
13.5.5.2 Product Portfolio
13.5.5.3 Demographic Reach and Achievements
13.5.5.4 Certifications
13.5.6 PJSC ALROSA
13.5.6.1 Company Overview
13.5.6.2 Product Portfolio
13.5.6.3 Demographic Reach and Achievements
13.5.6.4 Certifications
13.5.7 Fura Gems INC
13.5.7.1 Company Overview
13.5.7.2 Product Portfolio
13.5.7.3 Demographic Reach and Achievements
13.5.7.4 Certifications
13.5.8 Debswana Diamond Company (Pty) Limited
13.5.8.1 Company Overview
13.5.8.2 Product Portfolio
13.5.8.3 Demographic Reach and Achievements
13.5.8.4 Certifications
13.5.9 KGK Group
13.5.9.1 Company Overview
13.5.9.2 Product Portfolio
13.5.9.3 Demographic Reach and Achievements
13.5.9.4 Certifications
13.5.10 Botswana Diamonds PLC
13.5.10.1 Company Overview
13.5.10.2 Product Portfolio
13.5.10.3 Demographic Reach and Achievements
13.5.10.4 Certifications
13.5.11 Anglo American plc
13.5.11.1 Company Overview
13.5.11.2 Product Portfolio
13.5.11.3 Demographic Reach and Achievements
13.5.11.4 Certifications
13.5.12 Lucara Diamond
13.5.12.1 Company Overview
13.5.12.2 Product Portfolio
13.5.12.3 Demographic Reach and Achievements
13.5.12.4 Certifications
13.5.13 Pangolin Diamonds Corp.
13.5.13.1 Company Overview
13.5.13.2 Product Portfolio
13.5.13.3 Demographic Reach and Achievements
13.5.13.4 Certifications
13.5.14 Pala International
13.5.14.1 Company Overview
13.5.14.2 Product Portfolio
13.5.14.3 Demographic Reach and Achievements
13.5.14.4 Certifications
13.5.15 Rio Tinto Group
13.5.15.1 Company Overview
13.5.15.2 Product Portfolio
13.5.15.3 Demographic Reach and Achievements
13.5.15.4 Certifications
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.