Asia Pacific Diamond Jewelry Market Size & Outlook

The diamond jewelry market in Asia Pacific is expected to reach a projected revenue of US$ 38,738.2 million by 2030. A compound annual growth rate of 4.8% is expected of Asia Pacific diamond jewelry market from 2024 to 2030.
Revenue, 2023 (US$M)
$27,822.4
Forecast, 2030 (US$M)
$38,738.2
CAGR, 2024 - 2030
4.8%
Report Coverage
Asia Pacific

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Asia Pacific diamond jewelry market, 2018-2030 (US$M)

Asia Pacific diamond jewelry market, 2018-2030 (US$M)

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Asia Pacific diamond jewelry market highlights

  • The Asia Pacific diamond jewelry market generated a revenue of USD 27,822.4 million in 2023.
  • The market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
  • In terms of segment, round brilliant cut diamond was the largest revenue generating cut in 2023.
  • Round Brilliant Cut Diamond is the most lucrative cut segment registering the fastest growth during the forecast period.
  • Country-wise, India is expected to register the highest CAGR from 2024 to 2030.

Asia Pacific data book summary

Market revenue in 2023USD 27,822.4 million
Market revenue in 2030USD 38,738.2 million
Growth rate4.8% (CAGR from 2023 to 2030)
Largest segmentRound brilliant cut diamond
Fastest growing segmentRound Brilliant Cut Diamond
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRound Brilliant Cut Diamond, Princess Cut Diamond, Emerald Cut Diamond, Radiant Cut Diamond, Cushion Cut Diamond, Oval Cut Diamond, Asscher Cut Diamond, Marquise Cut Diamond, Pear Cut Diamond, Heart Cut Diamond
Key market players worldwideLvmh Moet Hennessy Louis Vuitton SE, Compagnie Financiere Richemont SA ADR, Signet Jewelers Ltd, Anglo American PLC, Pandora Jewelry Central Western Europe, Chow Tai Fook Jewellery Group Ltd, Petra Diamonds Ltd, Swarovski Group, Trans Hex, Bulgari SpA

Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 30.9% of the global diamond jewelry market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 38,738.2 million by 2030.

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Diamond Jewelry Market Companies

Name Profile # Employees HQ Website
Bulgari SpA View profile 1001-5000 Rome, Lazio, Italy, Europe https://www.bulgari.com/en-sg/
Swarovski Group View profile 10001+ Wattens, Tirol, Austria, Europe https://www.swarovski.com/
Trans Hex View profile 251-500 Cape Town, NA - South Africa, South Africa, Africa https://www.transhex.co.za
Petra Diamonds Ltd View profile 3042 2 Church Street, Clarendon House, Hamilton, Bermuda, HM11 https://www.petradiamonds.com
Chow Tai Fook Jewellery Group Ltd View profile 28400 16 - 18 Queen's Road Central, 33rd Floor, New World Tower, Central, Hong Kong, Hong Kong https://www.ctfjewellerygroup.com
Anglo American PLC View profile 58000 17 Charterhouse Street, London, United Kingdom, EC1N 6RA https://www.angloamerican.com
Pandora Jewelry Central Western Europe View profile - Brundby, Midtjylland, Denmark, Europe -
Signet Jewelers Ltd View profile 27991 2 Church Street, Clarendon House, Hamilton, Bermuda, HM11 https://www.signetjewelers.com
Compagnie Financiere Richemont SA ADR View profile 37117 50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, Switzerland, 1293 https://www.richemont.com
Lvmh Moet Hennessy Louis Vuitton SE View profile 192346 22, Avenue Montaigne, Paris, France, 75008 https://www.lvmh.com

Asia Pacific diamond jewelry market size, by country, 2018-2030 (US$M)

Asia Pacific Diamond Jewelry Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific diamond jewelry market size, by country, 2018-2030 (US$M)

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