The global market for lab-grown diamond (LGD) jewelry is experiencing significant expansion, projected to nearly double in value over the coming years. Valued at approximately $30 to $35 billion in 2025, the market is forecast to reach between $55 and $60 billion by 2032. This growth is being closely tracked by industry experts, with a new, authoritative report from the Dubai Multi-Commodities Centre (DMCC) serving as a key resource for understanding this rapidly evolving sector. In summary, the lab-grown diamond jewelry market is on a robust upward trajectory, with its value expected to climb substantially by 2032, making the comprehensive DMCC report a crucial read for industry stakeholders.
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