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flag Lab-grown diamond market grows to $13.81B in 2025, driven by ethics, cost, and tech.

flag The lab-grown diamond market, valued at $12.75 billion in 2024, is expected to reach $13.81 billion in 2025 and $19.99 billion by 2029, driven by ethical sourcing, cost savings, and tech advances. flag Growth is supported by rising use in electronics and innovations like colored diamonds. flag Despite trade tensions affecting some regions, demand remains strong. flag Meanwhile, the natural diamond market, worth $60.25 billion in 2024, is projected to grow to $85.63 billion by 2032, led by luxury jewelry and investment demand, with Asia Pacific set to expand fastest.

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