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Global Lab grown diamonds market (2016-2023)-Research Nester
 
Release Date: 1/11/2017
 
Lab grown diamonds market is one of the growing markets across the globe. These diamonds are called as synthetic, culture or cultivated diamonds. Lab grown diamonds are manufactured in laboratories using various technological processes. Synthetic diamonds can be designed and modified according to the requirements or users. Manufacturing of lab grown diamonds is associated with low cost cultivation techniques as compared to cost of natural diamonds.

Market size and forecast
The market of lab grown diamonds was valued at USD 16.2 Billion in 2015. Moreover, by the end of 2023, the global market of lab grown diamonds is expected to garner USD 27.6 Billion by registering a CAGR of 7.4% during the forecast period i.e. 2016-2023. Adoption of synthetic diamonds in various industries on account of their properties and rising acceptance of lab grown diamonds among the population in developing nations are the major market driven factors for the growth of lab grown diamonds.

For more information visit:
http://www.researchnester.com/reports/lab-grown-diamonds-market-global-demand-growth-analysis-opportunity-outlook-2023/230

For Table of Content & Free Sample Report contact:
Ajay Daniel
Email: ajay.daniel@researchnester.com
Phone: U.S. 1 646 586 9123
U.K. 44 203 608 5919
web: www.researchnester.com



 
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