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DMCC publishes, Special LGDs Report to advanced technology!    Recently DMCC published, the future of trade-Special lab-grown diamonds Edition , Beyond Jewellery: growth frontiers in LGD from luxury and fashion to advanced technology!    By introducing the report said, this report serves as the second in-depth thought leadership report from DMCC on the lab-grown diamond (LGD) industry. It has been prepared at a pivotal moment in the evolution of the industry. Lab-grown diamonds are no longer peripheral to the jewellery sector; they have entered the mainstream of consumer markets, redefined the economics of supply, and opened entirely new technological frontiers.    The purpose of this report is not only to document the growth of the LGD industry but also to examine its strategic implications for stakeholders across the value chain — from producers and traders, to retailers, technology companies, investors, and policymakers.  It comes fol...

Maiden in-depth report from DMCC: the future of LGDs   Dubai Multi Commodities Centre (DMCC) said, this publication serves as the first in-depth thought leadership report from Dubai Multi Commodities Centre (DMCC) on the Lab Grown Diamond (LGD) industry. It discusses how this nascent product will shape the Future of Trade, gathering insights from key industry leaders on the opportunities and challenges brought about by LGDs at all levels of the value chain.   The lab-grown diamond sector has undergone remarkable growth over the past five years, reaching a global retail sales value of USD 12.24 billion in 2022. However, recent growth deceleration coupled with increased production has prompted reflection within the LGD industry about its future trajectory against this backdrop, mid-2023 marked a pivotal moment for stakeholders across the LGD value chain to convene and chart a concrete path forward.  The inaugural LGD Symposium took place in Dubai, July 2023, hosted ...