If you haven’t heard of cultured diamonds yet, then consider yourself un-cultured because they are the next major evolution in the diamond industry. Not only do cultured diamonds have the EXACT same chemical and physical attributes, but they are also much better for the environment as far as mining is concerned, and much better for the communities where diamond mining is a major industry.
Diamonds are worth a lot, we all know this to be true, otherwise, movies wouldn’t keep having people steal them from museums. Unfortunately, the cost of expensive things you can find in the ground is the incredibly poor treatment of those that mine for this valuable resource, and the violence surrounding the people in power in these communities. Blood Diamonds have become a topic of conversation lately due to the many people that have been killed both in the mining and the trading of raw diamonds before they ever reach the jewelry store.
Lab-grown diamonds eliminate these harsh work conditions and inequity in power, and deliver the same exact stone but made peacefully in a lab. Lark & Berry has made a very good business out of creating unbelievable jewelry out of these beautiful lab-grown diamonds and starting a trend that might just change the way we think about the diamond industry.
But now for the forecast and market growth stats… that’s why you’re here, isn’t it?
Before we really dive in, it’s important to mention that the cultured necklace market is more or less split up into a few sectors including the manufacturing process, product, application, type, and region. All of these different sectors have further subdivisions, but I don’t think we need to get that deep, as this is a more top-down look of the market as a whole.
There has been a significant increase in demand for synthetic diamonds in the industrial space to be used to create many tools that are integral to our way of life. Since diamonds are the strongest mineral we have access to, it is frequently used on the tips of drills, saws, and boring devices to break through any surface that they may encounter. Diamond dust is also very useful as a sanding agent to smooth surfaces that we cannot smooth with any other mineral. Diamonds are even used in technology when creating microchips due to its unique ability to carry and refract light. This increase in demand in these industries will significantly increase the production of cultured diamonds.
Of course, due to the fine-tuning of the diamond creation process over the past few years, we are also able to manufacture beautiful and polished stones of any size for jewelers as well, making diamonds not only more affordable but also much safer to procure. The consumer demand for diamonds has never been more prevalent, and as cultured diamonds continue to make their way into mainstream with companies like Lark & Berry, we will soon be able to potentially cut off, or at least decrease, our dependence on mined diamonds, and make the world safer for the mining communities and everyone involved.
Cultured diamonds are not only here to stay, but might just be the future of the industry. So, if you were unsure about them before and thought that they are a slightly better version of Cubic Zirconium… they’re not. They are the real deal, so jump on board, and save the Earth! Everyone else seems to be catching on!