The Rising Prominence of Colored Gemstones in the Global Market
The global gemstones market, valued at USD 34.30 billion in 2024, is projected to reach USD 56.97 billion by 2033, growing at a CAGR of 5.80%[1][2]. While diamonds currently dominate with 50.3% market share, colored gemstones like sapphires, emeralds, and rubies are emerging as pivotal drivers of growth, fueled by shifting consumer preferences, ethical sourcing […]