The lab-grown diamond revolution is truly a global phenomenon. What started as a niche offering has swiftly grown into a major force, reshaping the entire diamond industry. As we look at 2025 and beyond, it's clear that certain regions are shining brighter than others, becoming powerful engines for this remarkable growth.

Specifically, the markets in Asia-Pacific, the Middle East, and Africa are telling compelling stories of rising demand and evolving consumer preferences for lab-grown diamonds. Understanding these regional trends is key for any business looking to navigate the modern diamond market.

At Shambh, with our deep insight into global diamond trends and our commitment to both timeless natural diamonds (like those from our Priceless Naturals collection) and innovative lab-grown diamonds, we’re excited to share these growth narratives. Let's explore the driving forces behind these dynamic markets.

The Global Lab-Grown Diamond Boom: An Unstoppable Ascent

The overall lab-grown diamond market is experiencing impressive growth. Valued at approximately USD 29.73 billion in 2025, it's projected to continue expanding significantly in the coming years. This robust growth is a clear indicator of lab-grown diamonds' established place in the luxury and jewelry sectors. (Source: Precedence Research, Global Growth Insights)

This global expansion is driven by a mix of factors: increasing consumer awareness, a strong preference for ethical and sustainable choices, and continuous advancements in lab-grown diamond technology (like CVD and HPHT methods) that improve quality and accessibility.

Asia-Pacific: Where Tradition Meets Modernity in Diamond Demand

The Asia-Pacific region is currently the largest market for lab-grown diamonds, accounting for a significant share of global demand. This region's story is particularly fascinating, blending deep-rooted cultural appreciation for diamond jewelry with a rapid adoption of modern values.

India's Shimmering Potential: Within Asia-Pacific, India stands out. Traditionally a strong market for natural diamonds, India is now seeing surging interest in lab-grown diamonds, especially among younger generations and in Tier 2 and Tier 3 cities. Affordability plays a big role, allowing for larger, more impressive lab diamond jewelry pieces. Growing awareness of ethical and environmental benefits also drives demand, making lab-grown diamonds a preferred choice for gifting and milestone purchases. Brands are actively expanding their retail footprint across the nation to meet this demand

• China's Rapid Adoption: China is another powerhouse, not only as a major producer but also as a growing consumer market for lab-grown diamonds. Its rising middle class and evolving fashion tastes are fueling demand for modern, often larger, lab diamond jewelry.

• Southeast Asia's Emerging Sparkle: Other countries in Southeast Asia are also contributing to growth as disposable incomes rise and consumers become more globally connected, seeking accessible luxury options.

The Middle East: Embracing Accessible Luxury and Conscious Choices

The Middle East lab-grown diamond market is witnessing rapid growth, with projections showing strong compound annual growth rates into the next decade. This region's demand is driven by a desire for grand, high-carat diamond jewelry combined with a growing emphasis on ethical and sustainable sourcing.

• Impactful Pieces: The affordability of lab-grown diamonds allows consumers in the Middle East to acquire larger, more impactful diamond jewelry that aligns with regional preferences for luxurious display.

• Value-Driven Generations: Similar to Asia-Pacific, younger consumers (Millennials and Gen Z) in the Middle East are increasingly drawn to the clear ethical and environmental benefits of lab-grown diamonds, seeing them as a modern, responsible choice.

• Strategic Hub: Countries like the UAE and Saudi Arabia are not only seeing increased consumer acceptance but are also emerging as strategic hubs for lab diamond production and distribution within the region, driven by government support for sustainable products.

Africa: Unlocking New Chapters in Diamond Consumption

While currently a smaller market compared to Asia-Pacific, the Africa lab-grown diamond market shows significant potential for growth. This region is poised to play an increasingly important role as economies develop and consumer awareness expands.

• Emerging Opportunities: As disposable incomes rise across various African nations, there's a growing demand for accessible luxury, including lab-grown diamond jewelry.

• Awareness and Acceptance: Increasing consumer awareness about the advantages of lab-grown diamonds – from their ethical origin to their value proposition – is slowly shifting preferences.

• Modern Expressions: Lab-grown diamonds offer an avenue for new, modern expressions of status and celebration, appealing to a younger, urbanizing population.

Shambh: Fueling Global Growth with Diverse Diamond Offerings

The growth stories from Asia-Pacific, the Middle East, and Africa highlight the dynamic and expanding nature of the lab-grown diamond market. At Shambh, we are deeply invested in understanding and serving these diverse regional demands.

Our expertise spans the entire spectrum of the diamond industry. We proudly offer both:

• Exceptional Natural Diamonds: Sourced meticulously through our Priceless Naturals brand, catering to those who cherish heritage and unique rarity.

• High-Quality Lab-Grown Diamonds: Providing accessible brilliance and aligning with modern ethical and sustainable values through our Shambh Lab Diamond brand.

By partnering with Shambh, your business gains access to a comprehensive inventory and deep market insights, enabling you to confidently tap into these booming global markets and offer the exact diamond jewelry your customers desire

The future of diamond demand is undoubtedly bright, with lab-grown diamonds shining as a key driver of growth, particularly across Asia-Pacific, the Middle East, and Africa. These regions' unique stories of consumer evolution and market expansion offer tremendous opportunities.

By embracing both the timeless appeal of natural diamonds and the modern promise of lab-grown diamonds, businesses can powerfully connect with consumers in these dynamic markets, contributing to a truly global sparkle

Ready to strategically tap into the growing lab-grown diamond demand in Asia-Pacific, the Middle East, and Africa?

Contact Shambh today to explore our diverse collections of natural diamonds and lab-grown diamonds tailored for these thriving markets.