Lab-Grown Diamonds Popularity and Demands

Of all the gems found around the world, diamonds are always topping the list since the human race found interest in glowing and mesmerizing objects.

While the natural diamonds market is declining day by day, the lab grown diamonds are getting popular for sure.

The main reason behind lab grown diamonds getting popularity is buyers are getting more and more concerned about the moral and environmental costs natural diamonds involve.

The journey of lab grown diamonds took around 60 years to come to fruition. By the end of 1949 scientists found ways to develop small and brown stones which were used in industrial applications. but the real gem-quality diamonds were found in the 1970s. But it was the 2000s where labs were able to grow precious, big, and colorless stones which we popularly see in the jewelry.

Mined diamonds industry is disrupting

Online sales, lab grown diamonds, and buyers getting aware of environmental and social responsibility. These are the 3 reasons why the natural diamonds market is facing a decline.

Recently in 2019, Netflix series Explained revealed some interesting facts about diamonds industry and big players in it.

Lab grown diamond brand own the future

Indeed, diamond buyers including the most millennials are choosing lab grown diamond brands for their next jewel purchase and this trend will be forever, like the diamonds.

At New World Diamonds, we have also seen a rise in the demand for lab grown diamonds for the last few years. The cost is one of the features lab grown diamonds are getting so much popular.

Let’s see some facts making lab grown diamonds so popular and in demand

1. Cost

Lab grown diamonds are around 30% to 40% cheaper than the mined diamonds. This is all possible due to advanced and smart techniques developed throughout the years by lab grown diamond brands. The same process from the earth’s belly are developed to create diamonds in the laboratory.

2. Cruelty free

Lab grown diamonds are nature-friendly and care for humankind too. As you must know, mined diamonds cost a lot on environmental elements and the human race, the same doesn’t go with the lab grown diamonds. They are created in a safe lab environment without any loss to nature or labor.

3. Exact similar

Yes, the lab grown diamonds are exactly similar to mined diamonds. Without compromising on the chemical composition and real beauty of these stones, lab grown diamond brands usually create similar diamonds found in the Earth’s crust. So, you don’t need to worry about the authenticity of these diamonds.

Want to explore some exciting collection of lab grown diamonds and jewelry? Explore your favorite lab grown diamond brand – New World Diamonds.