India Luxury Lab Grown Diamond Jewelry

Author : tanishka hakke | Published On : 25 Feb 2026

The India Luxury Lab Grown Diamond Jewelry Market is projected to grow from USD 336.41 million in 2024 to USD 1,242.89 million by 2035, registering a CAGR of 12.62%.

The luxury lab grown diamond jewelry sector refers to high-end jewelry made from diamonds that are grown in a lab instead of being mined from the earth. Lab-grown diamonds are made using advanced technology such as high pressure high temperature (HPHT) and chemical vapor deposition (CVD), which imitates the natural process of diamond formation. Lab-grown diamonds have the same physical, chemical, and optical properties as natural diamonds but are more environmentally friendly and sustainably sourced. Luxury lab-grown diamond jewelry is commonly used in engagement rings, wedding bands, necklaces, bracelets, earrings, and designer jewelry collections for consumers who are looking for high-quality, environmentally responsible, and affordable alternatives to natural diamonds.

This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of India Luxury Lab Grown Diamond Jewelry market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;

Anjali LabTech Limited

Our expert team is consistently working on updated data and information on the key player's related business processes that value the market for future strategies and predictions

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Market Segmentation:
By Manufacturing Method

By Manufacturing Method

Covered in this Report:
1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

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Industry Developments:
In January 2026, Limelight Lab-Grown Diamonds expanded its South India presence with a new store in Coimbatore, reinforcing its leadership in sustainable luxury jewelry. The brand highlights affordability, eco-friendliness, and modern appeal, catering to rising demand for lab-grown diamonds among younger, conscious consumers across India’s premium jewelry market.

Regional Analysis for India Luxury Lab Grown Diamond Jewelry Market:
✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:
⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:
➥ What is the market size of the India Luxury Lab Grown Diamond Jewelry market?
➥ What is the market growth rate of the India Luxury Lab Grown Diamond Jewelry market?
➥ What are the India Luxury Lab Grown Diamond Jewelry market opportunities and threats faced by the vendors in the global India Luxury Lab Grown Diamond Jewelry Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the India Luxury Lab Grown Diamond Jewelry market?
➥ What are the different sales, marketing, and distribution channels in the global industry?

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