Moissanite Jewellery Market Size, Share, Growth, and Industry Analysis, By Type (Round Type, Square Type, Heart Type & Others), By Application (Rings, Earrings, Pendants & others) and Regional Insights and Forecast to 2033

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MOISSANITE JEWELLERY MARKET REPORT OVERVIEW

The global Moissanite Jewellery Market size valued at approximately USD 0.055 billion in 2024 and is expected to reach USD 0.130 billion by 2033, growing at a compound annual growth rate (CAGR) of about 10.1% from 2025 to 2033.

Having a dazzling gemstone that looks like diamonds but possesses a special fire of its own, Moissanite jewellery is perfect. Moissanite, which was derived from silicon carbide, is highly valued due to its rating on the Mohs scale of hardness and is thus recommended for daily use. It is even shinier than diamonds with its bright fire and sparkle, which make it reflect the light brightly and with enthusiasm. Thus, moissanite can be considered ethical and fairly priced compared to diamonds, satisfying consumers who look for beautiful and environmentally friendly stones.

COVID-19 IMPACT

Market Growth Restrained due to Unemployment

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

COVID-19 brought several adverse effects to this market as a result of the measures put in place. As a result of the pandemic, most people’s disposable income was reduced due to unemployment or doubts about economic security; hence, spending was lowered. Also, breaks in global supply chains associated with manufacturing affect inventories and result in longer delivery times. This was due to shop shutdowns and fewer customer traffic, as it still greatly impacted volume in store-based formats.

LATEST TRENDS

Natural Gemstones that are Environmentally Friendly to Propel the Market Growth

Nowadays, concentrating on this market, companies deal with the tendency to use only natural gemstones that are environmentally friendly and are preferred by many people. Consumers are now attracted to moissanite because of its green nature and pocket-friendliness, while there is ever-growing demand for traditional and the latest models. There is also a growing demand for custom-made goods, with consumers eager to learn about the designer, the origin of the dress, the eco-friendliness of its manufacture, among other factors.

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MOISSANITE JEWELLERY MARKET SEGMENTATION

By Type

Based on type the market can be categorized into Round Type, Square Type, Heart Type & Others

• Round Type: It is the round shape and is considered to be brilliant and elegant in every way for any given time. It allows maximum light to reflect, thus giving it that sparkle, which is ideal for engagement rings and solitaires.

• Square Type: Beside the round-shaped moissanites, moissanites cut in geometrical forms such as the princess or cushion cut appear square and more modern in their look and are precisely loved due to their differently brilliant and unconventional beauty.

• Heart Type: This is normally a heart shape that depicts love, and this is why most rings and pendants that signify love, such as anniversary bands, are made from this shape. This just gives it a little more pzazz and makes it stand out, so that it can be unique and special.

By Application

Based on application the market can be categorized into Rings, Earrings, Pendants & others

• Rings: One area is definitely moissanite rings, most of which are engagement and wedding bands because of their toughness, fire, and economical nature. Many of them use solitaire and halo settings to bring out the glitter of gemstones.

• Earrings: Men’s Moissanite earrings, from studs and drops to various types of drops, are useful in enhancing formal and daily wear apparel. That is why they are rather effective as an accessory of exceptional brilliance.

• Pendants: It is common to use Moissanite in pendants, particularly in necklaces, because they are fairly used and elegant. They might be little or magnificent, giving a point of reference that supports the general look of the wearer and is similarly matched with the shimmer of the gemstone.

DRIVING FACTORS

Ethical and Sustainable Choices to Expand the Market

One of the key driving factors of Moissanite Jewellery Market growth is Ethical and Sustainable Choices. The factors that promote the use of this jewellery includes, awareness among the customers, and they care about the use of ethical and environmentally friendly products. Moissanite holds another advantage of being conflict-free and mined using fewer resources than conventional gemstones, giving it a plus to modern society’s values of sustainability. 

Affordability and Value to Advance the Market

Also, moissanite has a great advantage over diamonds because it has the same features of excellence and sturdiness as diamonds but is relatively cheaper. This affordability results in the ability of consumers to acquire more quantity or better quality of gems within the same price range; thus, moissanite attracts a lot of customers who are in search of affordable but beautiful gems. 

RESTRAINING FACTOR

Low Level of Awareness of Customers to Pose Potential Impediments on this Market

The key constraint of this business remains the low level of awareness and acceptance by the customers compared to the regular diamond. However, owing to those qualities and as a result of its main advantage, some consumers buy diamonds solely by tradition and fail to appreciate the value of moissanite. This may slow down the market's progress and acceptance.

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MOISSANITE JEWELRY MARKET REGIONAL INSIGHTS

North America to Dominate the Market due to its High Purchasing Power

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

North America has emerged as the most dominant region in the Moissanite Jewellery Market share because of factors such as high purchasing power, developed chains of retail stores, and growing demand for eco-friendly gemstones. The area is already familiar with the market for high and non-traditional birthstones, and the public’s reception of moissanite is high. Furthermore, the companies based in North America take a significant share in research and development, advertisement, market introduction, and supply, which also proves the leading position of the region in the market.

KEY INDUSTRY PLAYERS

Key Players Transforming the Moissanite Jewellery Market through Product Differentiation

The main competitors in the industrial chain control the development of this jewellery through product differentiation, brand image, and marketing strategies. Industry giants work on the impetus for improved gemstone quality and the weaponization of cut, ultimately brightening up moissanite. Their well-defined company image and mass marketing campaign inform the target market why moissanite is preferable to regular gemstones, bringing in market awareness and demand. Also, these players create extensive distribution channels and affiliations to enhance access and boost the market.

List of Moissanite Jewellery  Companies

• Charles & Colvard (U.S.)
• Moissanite International (Australia)
• Amora (Brazil)
• HRB Exports (India)
• Viktor Kammerling (Germany)

INDUSTRIAL DEVELOPMENT

2024: Presently, Charles & Colvard has changed its operational strategy from the traditional business model to the ‘Direct to Consumer’ model. This has enabled the company to have more control over its brand, price, and customers or consumers as the market faces it. This way, they are cutting off the usual retail premiums and, therefore, can sell their products at a cheaper price while at the same time winning the trust of their clients.

REPORT COVERAGE

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global Moissanite Jewellery Market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.