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Report Overview

The Belgium gemstone market is expected to grow at a CAGR of 2.50% during the forecast period of 2026-2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

2.5%

2026-2035


*this image is indicative*

Belgium Gemstone Market Report Summary Description Value
Base Year USD Million 2025
Historical Period USD Million 2019-2025
Forecast Period USD Million 2026-2035
Market Size 2025 USD Million XX
Market Size 2035 USD Million XX
CAGR 2019-2025 Percentage XX%
CAGR 2026-2035 Percentage 2.50%
CAGR 2026-2035 - Market by Type Precious 2.1%
CAGR 2026-2035 - Market by Product Diamond 2.8%
CAGR 2026-2035 - Market by Application Astrology 2.9%
Market Share by Application 2025 Luxury Arts 15.4%

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.

Belgium Gemstone Market by Segment

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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.

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

CAGR 2026-2035 - Market by Type
Precious 2.1%
Semi-Precious XX%
CAGR 2026-2035 - Market by Product
Diamond 2.8%
Jade 2.6%
Sapphire 2.4%
Ruby XX%
Emerald XX%
Others XX%
CAGR 2026-2035 - Market by Application
Astrology 2.9%
Jewellery and Ornaments 2.7%
Luxury Arts XX%
Others XX%

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.

Market Share by Application
Luxury Arts 15.4%
Astrology XX%
Jewellery and Ornaments XX%
Others XX%

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.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The Belgium gemstone market is projected to grow at a CAGR of 2.50% in the forecast period of 2026-2035.

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.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
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 Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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
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