How lab-grown diamonds are disrupting the diamond market

The diamond market is evolving; this is a great time to witness it. Traditional diamonds stood for luxury, high-end products for centuries, with an often hard-to-swallow background story.

With lab grown diamonds, it all changed. No, people didn’t decide to throw away their old diamonds, but it has become clear that lab grown diamonds went mainstream. 

Lab grown jewels are cruelty-free, more affordable, and still luxurious. Some diamond-related experts might say that lab diamonds are not disrupting the diamond industry, but statistics behind lab grown popularity and usage are ready to fight this opinion. 

The biggest factors that contribute to lab grown popularity are consumers. Overnight, demand for lab grown diamonds skyrocketed, and it has become obvious that lab grown diamond jewelry is not only great but is here to stay as it comes with greater purity than natural diamonds, guilt-free composition, and great price. Plus, they are environment-friendly. 

Lab Grown Diamonds VS. Natural Diamonds 

Lab grown diamonds and natural diamonds are different. They are different chemically. gemologically, and optically, but they will always provide the same effect. 

Bear in mind that the biggest difference between lab grown diamonds and natural diamonds is not their physical look but their source. 

If you want to feel special, but don’t want to build your happiness on someone else’s back, then lab grown diamonds are a natural choice. 

How you feel when wearing a natural diamond, or a lab grown diamond is everything. That feeling is what will eventually lead you to either getting natural or lab grown diamonds. 

The biggest difference between lab grown and natural diamonds lies in how they are created: natural diamonds are made from natural stones in outside areas such as deep-reaching craters, while lab grown diamonds are just that: made in a lab. 

Benefits of Lab Grown Diamonds 

Did you know that lab grown diamonds are not actually a new thing, as the first lab grown diamonds were created back in the 1950s? 

Now, you may ask, “Why did it take them so long to become mainstream?” The reason is simple – getting them to a specific high-quality level took time. 

In other words, it took them decades to make lab grow diamonds as shiny and clear as natural diamonds are. 

Another factor that consumers love about lab grown diamonds is their price. 

It is no secret that natural diamonds are expensive because they are very rare. However, lab grown diamonds are present in larger quantities, making their price more affordable. 

How affordable are they really? Lab grown diamonds may be 50 percent cheaper compared to natural diamonds. 

Interestingly, both lab grown diamonds and natural diamonds are comprised of carbon, making them both one of the hardest materials on earth. 

As for the clarity and color, you should not be able to notice a difference. When it comes to clarity, lab grown diamonds follow the same scales that apply to natural diamonds, which are the 4Cs—cut, clarity, color, and carat—making them identical. 

Can lab grown diamonds have flaws? Yes, it may happen. As for the color, both lab grown diamonds and natural diamonds will be graded on the same scale, so you can expect identical colors. 

Diamond Industry – Future

The traditional diamond industry has evolved. With lab grown diamonds in expanded usage, it’s obvious that the diamond market is disrupted and now has more to offer. 

Lab grown diamonds are not affordable, but they are also cruelty-free and of identical appearance to natural diamonds. 

Now, we must ask – are lab grown diamonds really here to stay? In short, yes. These lab-grown items will continue to thrive, and their offer will only expand, probably pushing up the prices of natural diamonds as they are already in lower demand. 

It is yet to be seen where technology will take us, but so far, it’s obvious that natural diamonds cannot beat lab production and, as such, will be much faster to respond to the market’s demands.  

Leave a Reply

Your email address will not be published. Required fields are marked *