The future of lab-grown diamonds is an interesting debate for many jewelry shoppers. Experts in the space say that consumers want a quality piece of jewelry at a fraction of the cost. Like natural stones, Rare Carat diamonds are a better-value alternative for many reasons. They are environmentally friendly and affordable, so consumers have more choices. These facts have fueled more jewelry brands to release lab-grown lines to meet the high demand. What does the future of lab-grown diamonds look like? What lies ahead? Here is what you should know.
Factors that shape the future of lab-grown diamonds
Limitless supply
Unlike natural diamonds, lab-grown diamonds are in a limitless supply. According to Zimnisky data, production will increase in the next decade. China and India remain the top manufacturers.
Zimnisky believes an increase in production lays the groundwork for the future market. Plus, the price points are less than what you see in natural diamonds. This explains why Rare Carat diamonds eliminate the middlemen to help shoppers compare the prices.
Luxurious designs, custom shapes, and colors
Lab-grown diamonds come in proprietary designs and that’s why they compete well with their natural counterparts. In the future, this could be an opportunity to produce lower-priced gems. The perceived value and custom shapes will make them the go-to option for shoppers. From an industry perspective, one can now enjoy a well-crafted designer ring without compromising the quality.
The varying colors also set these precious gems apart. Indeed, growers are experimenting with different colors to suit customers’ needs. Some use post-growth treatments to improve the color of a stone.
Rare Carat offers diamonds that come in different shapes and colors. Those looking for precious gems that give value for money can shop here. The company also provides information on proposal engagement ideas through this
Bride-driven demand
A recent survey shows that brides crave more size for the dollar – they want a flashy large ring. Since engagements are now a public social moment, people want the carat weight they can show off. It’s estimated that three-quarters of online shoppers prefer lab-grown engagement rings. By following the ………., this trend will continue in the future.
Advancement in technology
Technology continues to play a critical role in the production of lab-grown diamonds. According to a recent industry update, Rare-carat diamonds use cutting-edge technology to maintain the same chemical properties as natural diamonds. One technology that is set to take the market to the next level is the Chemical Vapor Decomposition method. At its core, diamond seeds will be placed in a vacuum chamber and then mixed with gases that contain carbon. This will facilitate faster diamond growth while reducing the production cost.
Ethical and environmental considerations
Many shoppers are environmentally conscious. Since man-made diamonds resemble natural gems, shoppers want precious gems without harmful effects on the environment. Thanks to Rare Carat diamonds, customers don’t have to choose between quality and conscience.
In the future, Rare Carat diamonds will emphasize on:
- Chemicals used
The HPHT and chemical decomposition methods have less impact on the environment. These processes will minimize the use of hydrogen, which can hurt the environment.
- Low energy consumption
Lab-grown gems require more electricity to produce. In the future, manufacturers will look for alternative methods that use less energy.
Beyond the environmental debate, consumers want to know where these gems come from. Unlike natural diamonds that can impact human rights, Rare Carat diamonds are ethically sourced with minimum human conflict. If you’re looking for quality gems without ethical issues, shop here.
Increased popularity
Lab-grown diamonds are becoming a trendy choice for social influencers. This is a big deal for the industry as it helps brands move forward. And considering that most shoppers are in their 30s and 50s, most customers believe lab-grown gems represent a shift in the industry.
Why Choose Rare Carat
Rare Carat has an extensive catalog of lab-grown diamonds. These precious gems come in different shapes and colors to suit the needs of buyers. All stones are GIA-certified to ensure shoppers are protected every step of the way.
Wrap up
The future of lab-grown gems looks promising, thanks to emerging technologies and innovations. After all, consumer choices will be based on environmental concerns and personal preferences. And considering that the industry continues to employ new technologies to meet consumer demands, we expect a more sustainable diamond market. Experts also predict high-quality lab-grown diamonds, so grading would be unnecessary. This will further lower the prices.
