UAE Diamond Jewelry Market Size & Outlook, 2023-2030
The diamond jewelry market in the UAE is expected to reach a projected revenue of US$ 1,963.0 million by 2030. A compound annual growth rate of 5.9% is expected of the UAE diamond jewelry market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,314.2
Forecast, 2030 (US$M)
$1,963.0
CAGR, 2024 - 2030
5.9%
Report Coverage
UAE
UAE diamond jewelry market, 2018-2030 (US$M)
Related Markets
UAE diamond jewelry market highlights
- The UAE diamond jewelry market generated a revenue of USD 1,314.2 million in 2023 and is expected to reach USD 1,963.0 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.9% 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.
Diamond jewelry market data book summary
| Market revenue in 2023 | USD 1,314.2 million |
| Market revenue in 2030 | USD 1,963.0 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Round brilliant cut diamond |
| Fastest growing segment | Round Brilliant Cut Diamond |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Round 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 worldwide | Lvmh 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, UAE accounted for 1.5% of the global diamond jewelry market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia diamond jewelry market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,963.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Diamond Jewelry Market Scope
Diamond jewelry market segmentation & scope
Round 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
Others
Colorless (GRADE D/E/F)
Near Colorless (GRADE G/H/I/J)
Faint (K/L/M)
Very Light (GRADE N/O/P/Q/R)
Light (GRADE S/T/U/V/W/X/Y/Z)
0.009 CT - 0.30 CT
0.50 CT
0.75 CT
1.00 CT
1.25 CT
1.50 CT
1.75 CT
2.00 CT
2.50 CT
3.00 CT
3.50 CT
4.00 CT
5.00 CT and Above
Diamond Jewelry Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE diamond jewelry market size, by cut, 2018-2030 (US$M)
UAE Diamond Jewelry Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
