India Diamond Jewelry Market Size & Outlook, 2025-2033


India Diamond Jewelry Market Insights

  • Deep Market Insights analysis indicates that the India Diamond Jewelry Market size, valued at USD 5.3 Billion in 2024, is expected to expand to USD 7.31 Billion by 2033.
  • The India market is forecasted to expand at a CAGR of 3.61% spanning 2025–2033.
  • Necklaces held the leading position among Product segments in 2024, based on market size.
  • Rings is projected to post the fastest growth rate, sustaining its position as the most attractive Product segment during the forecast horizon.

Other Key Findings


  • India accounted for 5.21% of the global Diamond Jewelry Market size in 2024.
  • By 2033, United States is expected to remain the top global market in terms of size.
  • Within Asia Pacific, China is forecasted to dominate the regional Diamond Jewelry Market size by 2033.
  • Korea will be the fastest-growing market in Asia Pacific, projected to achieve USD 1.26 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 5.3 Billion
Market Size In 2033 USD 7.31 Billion
Largest segment Necklaces
Units Revenue in USD Billion
CAGR 3.61% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Product
  1. Necklaces
  2. Rings
  3. Earrings
  4. Bracelets
Jewelry Type
  1. Fine Jewelry
  2. Fashion Jewelry
Distribution Channel
  1. Online
  2. Offline