A Recent Spike In The Lab-Grown Diamond Sales

This season of love is equally being showered on the sales of lab-grown diamonds. According to a recent news report, the sale of lab-grown diamonds has seen a massive spike. Be it the online diamond wholesaler or retailers, everyone is benefiting from the increased demands for lab-grown diamonds in the market. 

 

There is no identical difference in these diamonds. Both, the lab-grown diamonds and naturally sourced diamonds look the same. The only difference that they have is in their prices. 

 

The researcher's data displays a huge difference in the sales done by the lab-grown diamond dealers in NYC. there has been a 60% plus increase in the sales of lab-grown diamonds since the last year. Where the market of naturally sourced diamonds has faced a downfall of 25%. This has hit the natural diamond industry hard, as the consumers are increasingly making the switch to other options.

 

While many news reports published statistics, that showcased the increasing demands for lab-grown diamonds, very few took an effort to explain the reason behind it. In this article, we have tried analyzing the reasons, that have majorly influenced the sales of lab-grown diamonds. 

 

One of the biggest reasons for the downfall in demand for natural diamonds is its crazy prices. While there is no return available on the exchange of a natural diamond. Belgium Diamonds shares, that though the natural diamond lasts longer, and can make for heirloom jewelry, still it is a bad idea for an average earner to invest half of his lief’s savings in this expensive jewelry. Even the retailer's business is getting affected because of the increasing rates for naturally sourced diamonds. 

 

One of the many deriving factors, that fuels the sales of lab-grown diamonds is its cost. The price of a lab-grown diamond that shares almost qualities of a natural diamond is priced at less than half of the real ones. This attracts even the customers who desired to adorn a diamond, but could not fit it into their budgets. This is not the case with lab-grown diamonds, as it comes in every budget range and is almost 73% cheaper than naturally sourced diamonds. 

 

Dealer for a wholesale diamond in New York derives several other perks of lab-grown. Be it in terms of sustainability, eco-friendly, affordability, durability, and higher brilliance, these diamonds are a definite competition to natural diamonds. 

 

A lab-created diamond is equally genuine and certified. The only difference is, that this one was created in a lab in lesser time, while natural diamonds take millions of years to be created. This is one of the biggest reasons by there is a shortage of diamond supplies and its expensive nature. 

 

People are educating themselves about man-made diamonds and their benefits. The initial taboo amongst people that lab-grown is a fraud is automatically vanishing over time. Thanks to many authentic sellers for lab-grown in the market, one like Belgium Dimaonds LLC, has won the trust of customers over time, by giving them genuine products and services.