PUBLISHER: The Business Research Company | PRODUCT CODE: 1928098
PUBLISHER: The Business Research Company | PRODUCT CODE: 1928098
Synthetic gemstones are artificially created versions of natural gems, having the same chemical compositions and optical characteristics. They are manufactured under controlled conditions to mimic natural processes, making them both affordable and ethically sourced. These gemstones are widely used in jewelry and industrial settings, offering a sustainable alternative to mined gems.
The primary types of synthetic gemstones include ruby, emerald, spinel, and others. Among them, synthetic ruby is particularly valued for its deep red hue, which is highly prized for its rarity and beauty. These gemstones are available through various distribution channels, both online and offline, and are utilized in a range of applications including jewelry and instruments.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs on imported synthetic gemstones have impacted the market by increasing costs and creating supply chain disruptions, particularly for ruby, emerald, and spinel types in north america, europe, and asia-pacific. While these tariffs have increased operational expenses for importers, they have encouraged domestic production, promoted adoption of eco-friendly manufacturing processes, and accelerated innovation in high-quality synthetic gemstones for jewelry and industrial applications.
The synthetic gemstone market research report is one of a series of new reports from The Business Research Company that provides synthetic gemstone market statistics, including synthetic gemstone industry global market size, regional shares, competitors with a synthetic gemstone market share, detailed synthetic gemstone market segments, market trends and opportunities, and any further data you may need to thrive in the synthetic gemstone industry. This synthetic gemstone market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The synthetic gemstone market size has grown steadily in recent years. It will grow from $24.2 billion in 2025 to $25.18 billion in 2026 at a compound annual growth rate (CAGR) of 4.0%. The growth in the historic period can be attributed to rising demand for affordable gemstones, growth of jewelry and luxury accessories market, increasing use in watches and optical instruments, adoption in collectibles, conventional preference for mined gemstones.
The synthetic gemstone market size is expected to see steady growth in the next few years. It will grow to $29.56 billion in 2030 at a compound annual growth rate (CAGR) of 4.1%. The growth in the forecast period can be attributed to expansion in high-end synthetic gemstone jewelry, adoption in precision instruments and laser applications, rising industrial usage in manufacturing, growth in online and retail distribution channels, increasing consumer preference for ethically sourced gemstones. Major trends in the forecast period include integration of ai for gemstone quality inspection, adoption of automated gemstone synthesis techniques, use of eco-friendly and energy-efficient production methods, implementation of iot for real-time process monitoring, growing demand for high-quality jewelry-grade synthetic gemstones.
The growth of the jewelry industry is expected to drive the expansion of the synthetic gemstone market in the coming years. The jewelry industry involves designing, producing, and retailing adornments such as rings, necklaces, and bracelets made from precious metals and gemstones. Its growth is fueled by the increasing adoption of synthetic gemstones, which offer ethical sourcing, cost-effectiveness, and consistent quality, meeting the rising consumer demand for sustainable and affordable luxury options. Synthetic gemstones support the jewelry industry by providing high-quality, ethical, and cost-effective alternatives to natural gemstones, fostering innovation and enabling jewelers to satisfy diverse consumer preferences while reducing environmental impact. For example, in January 2024, the World Gold Council (WGC), a UK-based non-profit industry association, reported that global gold jewelry consumption increased slightly from 2,088.9 tonnes in 2022 to 2,092.6 tonnes in 2023. In China, consumption grew from 570.8 tonnes in 2022 to 630.2 tonnes in 2023, representing a 10% year-on-year increase. Consequently, the growth of the jewelry industry is driving the synthetic gemstone market.
Major companies in the synthetic gemstone market are investing in innovative products to enhance performance and durability. One notable advancement is the development of polycrystalline diamond (PCD) by Hyperion Materials & Technologies. PCD is a synthetic diamond material composed of numerous small diamond-bonded grains known for their hardness, wear resistance, and thermal conductivity. Hyperion launched the P-Series PCD and U-Series PCD in November 2023, designed to deliver superior performance across a range of materials such as aluminum, copper, and carbon-fiber-reinforced polymers (CFRP). These products cater to industries requiring precise machining solutions and highlight the versatility and reliability of synthetic gemstones in industrial applications.
In August 2023, Emerald Jewel Industry India Limited, an India-based manufacturer specializing in synthetic gemstones, formed a partnership with Preciosa. This collaboration seeks to combine Emerald Jewel Industry's renowned craftsmanship with Preciosa's exceptional CZ color stones, enhancing the quality and variety of their jewelry collections. Together, the companies aim to introduce innovative and visually striking jewelry to the market. Preciosa Group, based in Czechia, is a manufacturer of high-quality crystal products.
Major companies operating in the synthetic gemstone market report are Kyocera Corporation, Swarovski AG, Gilson Inc., RusGems, Charles & Colvard Ltd., Diamond Nexus Labs, Chatham Inc., BetterThanDiamond Inc., Biron Gems, Scio Diamond Technology Corporation, Tairus, ALTR Created Diamonds, Diamond Foundry, Pure Grown Diamonds, MiaDonna, Veynou, Element Six, Henan Huanghe Whirlwind Co Ltd, Zhongnan Diamond Co Ltd, Zhengzhou Sino-Crystal Diamond Co Ltd, Sumitomo Electric Industries Ltd, Greenlab Diamonds, New Diamond Technology LLC, Vera Bijou
North America was the largest region in the synthetic gemstone market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the synthetic gemstone market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the synthetic gemstone market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The synthetic gemstones market consists of sales of synthetic diamond, synthetic spinel, synthetic alexandrite, synthetic quartz, synthetic opal, synthetic moissanite, synthetic garnet, and synthetic turquoise. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Synthetic Gemstone Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses synthetic gemstone market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for synthetic gemstone ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The synthetic gemstone market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.