Connect with us

DiamondBuzz

NDC’s LGD Report highlights  price declines, soaring retailer margins, concerns over sustainability claims

Published

on

 The Natural Diamond Council (NDC) has released a comprehensive report titled ‘Laboratory-Grown Diamond Facts’ shedding light on the current state of the laboratory-grown diamond (LGD) market, highlighting dramatic price declines, soaring retailer margins, and concerns over sustainability claims.

The report draws on data from leading industry analysts Edahn Golan and Paul Zimnisky and aims to equip consumers, retailers, and the media with transparent, fact-based insights to navigate a complex and fast-evolving category.

The report notes that the average price of a 1.5-carat LGD has plummeted 86%, from $10,750 in 2015 to $1,455 in 2025. Wholesale prices for 1ct VS1 F-G-H colour LGDs have fallen 95% since 2018, while retail prices have dropped 76%. Average retail margins have jumped from 85% in 2018 to over 500% today.

“Laboratory-grown diamonds are mass-produced in limitless quantities, but their sustainability claims often lack scrutiny,” said Natural Diamond Council’s CEO, David Kellie. “Our goal is to give consumers and other stakeholders a balanced picture that will inform more nuanced conversations and help consumers confidently make informed decisions.”

The report comes at a time when LGDs are increasingly positioned as eco-friendly alternatives to natural diamonds. However, the NDC cautions that such claims can be misleading, especially given the high energy and fossil-fuel dependence of many production facilities.

Adding to the growing distinction between natural and lab-grown diamonds, the Gemological Institute of America (GIA) recently announced it will no longer use the 4Cs grading system for LGDs. Instead, the GIA will categorise LGDs broadly as “premium” or “standard”—or omit grading if quality is subpar—further underlining the need for clearer differentiation between the two products.

Kellie noted, “All too often, laboratory-grown diamonds are unfairly pitted against natural diamonds in comparisons that only leave consumers in the dark. Consumers deserve more. They need clear, honest information that will help them understand their choices. Without this clarity, the two different product categories natural and laboratory-grown diamonds will become obscured. This isn’t simply about pricing – it’s a wake-up call for greater clarity and integrity across all facets of the market.”

The NDC report also offers context on LGDs’ industrial origins, legal labelling requirements, and the role of certification bodies like GIA, IGI and GSI in ensuring proper disclosure

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

DiamondBuzz

De Beers – The New Power Move: Why Natural Diamonds Are The Definitive Daily Essential For The Modern Indian Man

Natural Diamonds Are Emerging As the Ultimate Symbol Of Personal Style, Achievement, and Everyday Luxury For India’s Modern Male Consumer.

Published

on

Masculine style in 2026 has a new focal point. The conversation around men’s jewellery has moved away from traditional ceremonial wear toward a more personal, everyday expression of identity. Whether it is a signature chain, a sculptural pendant, or a bold ring, natural diamonds have become the primary medium for this new aesthetic.

The data confirms this shift: recent industry research shows that 52% of acquired diamonds in India are now worn every day.

This cultural transformation is most visible where performance meets high-profile style. Indian cricketers are leading the charge, wearing natural diamonds both on and off the field as a mark of their personal journey and quiet confidence. From training sessions to post-match press conferences, icons like Suryakumar Yadav, Abhishek Sharma, and Hardik Pandya treat their bespoke diamond pieces as an extension of their professional “armour.”

This ease with luxury is mirrored globally; Formula 1 icons like Lewis Hamilton have long made natural diamonds central to their paddock style, while the red carpet has seen a surge in unconventional masculine styling. Recent appearances by Jay-Z, who wore a vintage diamond brooch at the collar, highlight that natural diamonds are a core part of the modern fashion vocabulary.

The primary driver of this shift is the Gen Z and Millennial male. Broadly the 18 to 38 age group, this demographic is urban, digitally fluent, and possesses a strong personal aesthetic. Gen Z alone now generates 51% of the total natural diamond market value in India, a 19% increase since 2022.

Most importantly, self-purchase is replacing gifting as the dominant entry point. Men are now research-driven and decisive, choosing to buy natural diamonds to mark professional achievements or simply to refine their daily personal brand.

While Tier 1 metros remain the primary base, aspiration is expanding rapidly into Tier 2 and Tier 3 cities. As high-income Indian households are forecast to grow by 16% through 2030, the male natural diamond consumer of tomorrow is younger, more stylistically confident, and far more willing to invest in himself.

This demand is also shaping a new design language. The lone solitaire stud is being replaced by architectural silhouettes, layered chains, chunky bracelets, and rings with clean, geometric lines. Princess and baguette cuts are increasingly preferred for their sharp, masculine appeal.

As we look toward the next decade, this momentum is only set to accelerate. What began as a styling choice on the cricket pitch has matured into a cultural standard of authenticity and permanence. For the modern Indian man, a natural diamond is more than a luxury, it is an enduring signature of his unique journey.

In an era of fleeting trends, this shift toward the rare and the timeless signals a future where masculinity is defined by a legacy that stays forever.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x