
The $22B Shift: Lab Diamonds Are Reshaping the Industry
By Jasmine Waltz
Lab Diamonds Are Not a Trend. They’re the Future.
Over 60% of engagement rings in the U.S. now feature lab-grown diamonds. This isn’t a phase, it’s a permanent shift.
The lab diamond market hit $22B last year, and it’s projected to more than triple by 2032. As demand grows, traditional diamond companies are pushing back with fear-based marketing and anti-lab campaigns.
But the truth is simple:
- Lab diamonds are real. Chemically, physically, and optically identical to mined diamonds.
- They’re more ethical, more sustainable, and more affordable.
- And they’re not going anywhere.
People are waking up. The industry knows it.
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