U.S. Diamond Market Size & Outlook, 2024-2030
U.S. diamond market, 2018-2030 (US$M)
Related Markets
U.S. diamond market highlights
- The U.S. diamond market generated a revenue of USD 20,438.1 million in 2024 and is expected to reach USD 24,736.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.2% from 2025 to 2030.
- In terms of segment, jewelry & ornaments was the largest revenue generating application in 2024.
- Industrial is the most lucrative application segment registering the fastest growth during the forecast period.
Diamond market data book summary
| Market revenue in 2024 | USD 20,438.1 million |
| Market revenue in 2030 | USD 24,736.2 million |
| Growth rate | 3.2% (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 |
Other key industry trends
- In terms of revenue, U.S. accounted for 49.3% of the global diamond market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. diamond market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 418.5 million by 2030.
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Diamond Market Scope
Diamond Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. diamond market outlook
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 98.59% in 2024. Horizon Databook has segmented the U.S. diamond market based on jewelry & ornaments, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. is a leading consumer of diamonds and related products in the world. It accounted for nearly 51% of the market share in the global diamond market.
The country is also one of the leading producers of synthetic industrial diamonds. According to United States of Geological Survey (USGS).
On the other hand, secondary domestic production of industrial diamonds accounted for nearly 13 million carats in 2018.
Reasons to subscribe to U.S. diamond market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. diamond market databook
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Our clientele includes a mix of diamond market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. diamond market , including forecasts for subscribers. This country databook contains high-level insights into U.S. diamond market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. diamond market size, by application, 2018-2030 (US$M)
U.S. Diamond Market Outlook Share, 2024 & 2030 (US$M)
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