Lab grown diamonds are more environmentally friendly and are becoming the choice of young people

This single carbon crystal with an unusually simple chemical structure is regarded as the top five types of gemstones because of its ultra-hardness and extreme scarcity. As the technology for preparing man-made diamonds continues to advance, its weight, clarity, and color have been able to reach gemstone level, identical to the appearance of natural diamonds, and this gemstone level man-made diamond is also known as a lab diamond.

Man made diamonds are becoming a popular choice for consumers purchasing jewelry. Its constituent elements, physical, chemical and optical properties are identical to those of natural diamonds, so it cannot be distinguished using the naked eye, magnifying glass or even a microscope. There are two main cultivation methods: chemical vapor deposition (CVD diamond) and high temperature and pressure (HPHT diamond).

Chemically, physically and optically, lab grown diamonds are identical to natural diamonds. They are real diamonds, with the same crystal structure and beautiful sparkle, just a little cheaper than natural diamonds. This is why they have become so popular, and why top diamond jewelers choose to offer them alongside select natural diamonds.

Some time ago, most consumers considered lab grown diamonds to be "cheap". But currently, their attitudes are changing. Among 21-40 year olds buying engagement rings, about one in ten are willing to consider Lab Created Diamond. Given the price shock of natural diamonds, this is not surprising. They actually look the same. With lower prices and guaranteed ethical sourcing, lab grown diamonds are a practical and guilt-free alternative.

The demand for diamonds as a consumer product is in fact linked to the psychological anchoring effect of many internationally known brands. Diamonds were first widely known as a symbol of love, and diamond rings became an essential token of affection in weddings, highly penetrating the wedding market.

However, the willingness of contemporary young people to marry is constantly declining, and simply in terms of the wedding market, domestic High Quality lab creted diamond manufacturers are bound to face a shrinking market. Cultivating sales at the retail end of the diamond market relies on two decisive factors: first, consumer demand for diamond jewelry is not limited to marriage, but extends to everyday life; second, manufacturers need to sell in a way that is acceptable to young people.

According to Bain's report, both Chinese and American consumers cite treating themselves as an important reason for buying non wedding diamond jewelry, in addition to gifts for others and family, which also fall under the category of daily consumption. Natural diamonds are too expensive to meet the daily consumption needs of most consumers, while lab diamonds are rapidly taking over the market by virtue of their high cost performance and the nature of diamonds as a light luxury consumer product.

Compared with natural diamonds, lab diamonds are much more accessible, relatively inexpensive and more environmentally friendly. A third-party research institute has shown that the mining of natural diamonds has an impact on the environment in various aspects, including serious damage to the ground, carbon dioxide emissions and the massive consumption of water resources, etc. The environmental impact of lab diamonds is only one-seventh of that of natural diamonds. According to CARAXY, lab diamonds are more environmentally friendly in terms of surface environmental impact, carbon emissions, water consumption, and energy consumption.