WebOct 1, 2024 · Meanwhile, lab-created diamond production reached between 6–7 million carats last year, according to The Global Diamond Industry 2024–21: Brilliant Under Pressure, a report authored by business strategy and research consultancy Bain & Co. That figure is still dwarfed by the natural diamond category; Bain & Co. estimated 111 million … WebJun 26, 2024 · The diamond industry is quickly recovering from the Covid-19 global economic slowdown. According to a 2024-2024 diamond report by Bain & Co, it is expected to grow at a compound annual growth rate of 3%, up from USD $91.244B (from 142M carats of diamonds) in 2024 to USD $123.83B by 2030.Rough diamond sales rebounded by …
AWDC & Bain Report: Diamond Industry Saw Brilliant Turn of …
WebApr 7, 2024 · American management consulting firm Bain & Company, in collaboration with the Antwerp World Diamond Centre (AWDC), released their eleventh annual diamond industry report in February this year, reporting what they termed a “spectacular reversal of fortune” from the impacted demand and production seen during the height of the … WebFeb 7, 2024 · Consultancy Bain & Company and the Antwerp World Diamond Centre (AWDC) report that the diamond industry is experiencing a “spectacular” rebound after … portland area races
Diamond Industry Report 2024 - Trends & Outlook - Bain
WebFeb 8, 2024 · The diamond market is expected to be strong through the first half of 2024, supporting growth across all segments, said Bain & Company in its annual global report, "The Global Diamond Industry 2024-22." The report also adds production is expected to hit 120 plus million carats in 2024 but is unlikely to reach pre-pandemic levels within the … WebDec 15, 2024 · So far, the jewelry side of the business hasn’t felt what Bain describes as a “diamond industry recession” as sharply. Global diamond jewelry retail sales will … WebFeb 17, 2024 · Bain expects diamond jewellery “to perform better than the global personal luxury market in 2024, with only a 15% drop compared to a 22% decline in luxury”. As for rough diamonds, production fell to 111 million carats in 2024 – 20% less than 2024. According to the report, “the mix of diamonds remained largely constant, with medium … portland area rentals