Reports
Belgium Gemstone Market Size, Share, Trends, Growth: By Nature: Natural, Synthetic; By Type: Precious, Semi-Precious; By Product: Diamond, Jade, Sapphire, Ruby, Emerald, Others; By Application: Astrology, Jewellery and Ornaments, Luxury Arts, Others; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Belgium Gemstone Market Outlook
The Belgium gemstone market is expected to grow at a CAGR of 2.5% during the forecast period of 2024-2032.
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Rising Applications of Gemstones in Jewellery is Providing Impetus to the Market Growth
The market growth of gemstones in Belgium is being driven by rising applications of gemstones like ruby, emerald, jade, and sapphire, among others, in jewellery. Introduction of new jewellery designs, such as rings, bracelets, and necklaces for fashion or astrology purposes, is a significant factor providing impetus to the market. In addition to this, the market is growing on account of rising disposable incomes and the subsequent improving standards of living. Further, the market growth can be associated with the rising availability of gemstones of synthetic nature, which are more affordable than natural gemstones.
Gemstone: Market Segmentation
A gemstone refers to a piece of mineral crystal, which is widely used in cut, polished or precious or semi-precious formats to prepare jewellery, home décor, and luxury art. Depending upon the type, gemstones are mostly known for their lustre and therapeutic properties.
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On the basis of nature, the market can be segmented into:
- Natural
- Synthetic
The market, based on type, can be classified into:
- Precious
- Semi-Precious
Based on product, the market can be divided into:
- Diamond
- Jade
- Sapphire
- Ruby
- Emerald
- Others
On the basis of application, the market can be categorised into:
- Astrology
- Jewellery and Ornaments
- Luxury Arts
- Others
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Rising Popularity of Coloured Gemstones to Drive the Market Growth in the Belgium Market
The market of gemstones in Belgium is predicted to be led by the demand for coloured gemstones in the coming years. While diamond remains the classic choice for many people, the rising popularity of coloured gemstones like jade, ruby, and emerald for their therapeutic properties is predicted to contribute to the growth of the market. For instance, jade is being actively used in beauty products like gua shas and rollers, hence promoting the growth of the market. In addition to this, the durability and toughness of coloured gemstones are some of the factors further influencing the growth of the market positively. Moreover, the growing focus on the development of innovative jewellery products by fashion designers is further boosting the market growth of gemstone in Belgium.
Key Industry Players in the Belgium Gemstone Market
The report presents a detailed analysis of the following key players in the Belgium gemstone market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:
- IGC Group
- L'ODYSSEE
- Sand Fredy BV - SandGems
- Taché Group
- DERS International
- Others
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
Key Highlights of the Report:
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Nature, Type, Product, Application |
| Breakup by Nature | Natural, Synthetic |
| Breakup by Type | Precious, Semi-Precious |
| Breakup by Product | Diamond, Jade, Sapphire, Ruby, Emerald, Others |
| Breakup by Application | Astrology, Jewellery and Ornaments, Luxury Arts, Others |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | IGC Group, L'ODYSSEE, Sand Fredy BV - SandGems, Taché Group, DERS International, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Belgium
7 Opportunities and Challenges in the Market
8 Belgium Gemstone Market Analysis
8.1 Key Industry Highlights
8.2 Belgium Gemstone Historical Market (2018-2023)
8.3 Belgium Gemstone Market Forecast (2024-2032)
8.4 Belgium Gemstone Market by Nature
8.4.1 Natural
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Synthetic
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Belgium Gemstone Market by Type
8.5.1 Precious
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Semi-Precious
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Belgium Gemstone Market by Product
8.6.1 Diamond
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Jade
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Sapphire
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Ruby
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Emerald
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Belgium Gemstone Market by Application
8.7.1 Astrology
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Jewellery and Ornaments
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Luxury Arts
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 IGC Group
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 L'ODYSSEE
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 Sand Fredy BV - SandGems
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 Taché Group
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 DERS International
10.2.5.1 Company Overview
10.2.5.2 Product Portfolio
10.2.5.3 Demographic Reach and Achievements
10.2.5.4 Certifications
10.2.6 Others
11 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Belgium Gemstone Market: Key Industry Highlights, 2018 and 2032
2. Belgium Gemstone Historical Market: Breakup by Nature (USD Million), 2018-2023
3. Belgium Gemstone Market Forecast: Breakup by Nature (USD Million), 2024-2032
4. Belgium Gemstone Historical Market: Breakup by Type (USD Million), 2018-2023
5. Belgium Gemstone Market Forecast: Breakup by Type (USD Million), 2024-2032
6. Belgium Gemstone Historical Market: Breakup by Product (USD Million), 2018-2023
7. Belgium Gemstone Market Forecast: Breakup by Product (USD Million), 2024-2032
8. Belgium Gemstone Historical Market: Breakup by Application (USD Million), 2018-2023
9. Belgium Gemstone Market Forecast: Breakup by Application (USD Million), 2024-2032
10. Belgium Gemstone Market Structure
Key Questions Answered in the Report
The Belgium gemstone market is projected to grow at a CAGR of 2.5% in the forecast period of 2024-2032.
The market is being driven by the rising applications of gemstones in jewellery for aesthetic, astrology, and therapeutic purposes.
The market growth is likely to be determined by the growing popularity of coloured gemstones for their durability and therapeutic properties in the following years.
The significant market segmentations based on nature of gemstones include natural and synthetic.
The major types of gemstones are precious and semi-precious.
The significant products of gemstone include diamond, jade, sapphire, ruby, and emerald, among others.
The different applications of gemstone are astrology, jewellery and ornaments, and luxury arts, among others.
The major players in the industry are IGC Group, L'ODYSSEE, Sand Fredy BV – SandGems, Taché Group, and DERS International, among others.
Analyst Review
The Belgium gemstone market is driven by the rising applications of gemstones in jewellery. Aided by the rising popularity of coloured gemstones, the market is expected to grow at a CAGR of 2.5% in the forecast period of 2024-2032.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. Based on nature, the market can be segmented into natural and synthetic. The market, based on types, can be classified into precious and semi-precious. On the basis of product, the market can be categorised into diamond, jade, sapphire, ruby, and emerald, among others. On the basis of application, the market segmentations include astrology, jewellery and ornaments, and luxury arts, among others. The key players in the industry are IGC Group, L'ODYSSEE, Sand Fredy BV – SandGems, Taché Group, and DERS International, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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