Moissanite Jewelry Market in 2021

For the 2021 forecast, the Moissanite Jewelry Market has been segmented into three categories including type, application, and geography. Based on type, the market is categorized into simulated, gold plated, white gold plated, platinum plated, silver plated, and other gemstone-based jewelry. The platinum-plated segment is expected to have a greater share in 2021 in comparison to 2016 in terms of value.

Moissanite is one of the most compatible stones, which is preferred by individuals all over the world. It has got an amazing ability to interact with UV rays and hence, make all your outfits glisten more. This has made it one of the most popular stones in the jewelry industry. A research study has predicted that the global moissanite market will reach $4 billion by 2021, rising at a swift CAGR of 25% during the forecast period.

Increasing consumer awareness regarding stone purity is positively influencing the growth of the market. The increasing demand for Stone Gem Diamonds (SGDs) in the US is one of the factors that would drive the demand for Moissanite over the next few years. Some of the major players operating in this market include FACETASM GEM CO., LTD., Titan Gem Corp., Cinnabar Jewelry Inc., Taihe Diamond Technology Co., Ltd., Charles & Colvard Ltd., Stars Gems Co. Ltd, Huzhou Adorn Gem Co., Ltd, PRECIOSITE, Sri

The global moissanite industry has experienced its share of change since it emerged onto the scene in 1998. Interested stakeholders must remain cautious as there are many themes to consider. Despite efforts to control output, such as restrictions on mining and synthetically created moissanite, gem-quality moissanite continue to be produced by other countries offering lower prices. Meanwhile, existing producers such as Charles & Colvard have expanded their reach with corporate alliances designed to provide end customers with a wider range of products.