Lab grown diamonds have stormed the jewelry world, regardless of their being a product of technology, since many people are opting for lab grown diamonds for engagement rings.
Many couples worldwide are being drawn to these gems due to their brilliance, ethical manufacturing, and reasonable price. But what are lab grown diamonds and why are they gaining such attention?
Understanding Lab Grown Diamonds
At their core, lab-grown diamonds are as real as the real thing out there in the market, which is mined from the earth. They are not mined like other formed diamonds but grown in a technologically driven system that replicates the growing conditions. The result? Gems that have the same characteristics, properties or behaviors as natural mined stones.
When someone asks, What are lab grown diamonds, the answer is simple: They are just genuine diamonds, only that they are grown inside a chemical vat as opposed to mining them from the ground.
The Increasing Demand for Lab Grown Diamonds
Lab grown diamonds in engagement rings have been in high demand for the last decade or so. One factor for this is the ethical solidified feel of these diamonds. Another advantage of lab grown diamonds is that they can satisfy the new generation’s increasing awareness of the consequences of their consumption.
Affordability Without Compromising Quality
The other reason why lab-grown diamonds are used in engagement rings is because they are cheaper than traditional diamonds. Taking prices into consideration, lab-grown diamonds can be up to 40% cheaper than mined ones.
These differences enable the customers to buy bigger or better quality diamonds in relation to their capability to pay. In fact, to many, knowing what are lab grown diamonds is knowing they are diamonds that are grown in the laboratory and offers great value to clients without compromising on appearance or sparkle.
A Trend-Setting Choice for Modern Couple
Modern couples are no longer satisfied with a piece of rock; they desire a diamond with a history. Lab grown diamonds, refer to the decade’s ideas of sustainability innovation and embracing oneself. They deviate from ordinary traditions in respect to the engagement ring, yet retain the classics of using a diamond engagement ring.
According to the new polls, 70% of millennials and Gen Z are willing to opt for Lab grown diamonds rather than mined ones. This shift in generations has pulled down the market of jewelry, where innovation and the ethics of the jewelry are focal points.
What Are Lab Grown Diamonds Doing for the Jewelry Industry?
Lab grown diamonds do not only bring changes to engagement rings; thus, they revolutionize the whole jewelry field.
Consumers are flocking to these stones, and jewelers are increasing their ranges of jewelry pieces and settings responding to new demands.
The continuous increase of the quality, accessibility of diamonds also promoted individualization, as many newlyweds choose exclusive, individualized items.
Additionally, the legitimacy of lab grown diamonds increases consumer confidence and accurate, total disclosure of information. Purchasers can have assurance that the diamonds are not originating from mines that use wage exploitation and destructive impact on the environment.
Are Lab Grown Diamonds Here to Stay?
Lab grown diamonds are here to stay and it is a warning signal for the jewelry industry. That said, one cannot doubt that lab-grown diamonds have a lot of potential for becoming the new industry standard for engagement rings.
These diamonds are ethical, affordable, and perfect in every other way that the modern couple could dream of.
Conclusion
When considering what lab-grown diamonds are, it means going beyond their definition in the field of science. They are young, ethical, and affordable partners that reflect the ideas of present-day couples.
With lab grown diamonds extending their share in the jewelry market, people are turning engagement rings into symbols of love as well as responsibility and sustainable solutions.