Market revenue in 2024 | USD 3,264.2 million |
Market revenue in 2030 | USD 4,053.3 million |
Growth rate | 3.7% (CAGR from 2025 to 2030) |
Largest segment | Jewelry & ornaments |
Fastest growing segment | Industrial |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Jewelry & Ornaments, Industrial |
Key market players worldwide | Petra Diamonds Ltd, Rio Tinto PLC ADR, Trans Hex, Lucara Diamond Corp, Alrosa, De Beers, Mountain Province Diamonds Inc, Arctic Canadian Diamond Company, Gem Diamonds Ltd |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to diamond market will help companies and investors design strategic landscapes.
Jewelry & ornaments was the largest segment with a revenue share of 96.05% in 2024. Horizon Databook has segmented the India diamond market based on jewelry & ornaments, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
India is the largest market for diamond polishing in the world. Surat, in the state of Gujarat, is known as the diamond polishing hub of India given the presence of over 3,500 diamond processing units in the city.
Furthermore, Mumbai, in the state of Maharashtra, is a key center for cast and diamond set jewelry in the country. Although India is a major processing and trading center for diamonds, the Indian market accounted for a small revenue share of 4.1% in the overall diamond market in 2018.
Horizon Databook provides a detailed overview of country-level data and insights on the India diamond market , including forecasts for subscribers. This country databook contains high-level insights into India diamond market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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