In recent years, the diamond industry has witnessed a fine revolution with the advent of lab grown diamonds. These diamonds are created using advanced technology in laboratories and have successfully managed to take center stage in the industry. The lab grown diamond market has witnessed major growth driven by increased consumer awareness regarding the environmental and social impacts of traditional diamond mining practices. Their rise represents a significant shift in consumer preferences towards sustainability, superior quality and greater value for money.
Read along to know more about the key reasons why lab grown diamonds are revolutionizing the jewellery industry.
I. Cost-Effectiveness:
The allure of luxury is no longer reserved for the elite, thanks to lab grown diamonds. Unlike natural diamonds that could cater to only less than 5% of Indian women, these sustainable diamonds present an opportunity for the remaining 95%, offering a bigger rock with a comparatively better quality at just a fraction of the mined diamond cost. By harnessing advanced technology, lab grown diamond brands in India and around the world are able to produce stunning diamonds which allows consumers to upgrade to diamond solitaires from very small diamond studded jewellery as well as choose to spend their money wisely. 1 carat of lab diamond ring can cost approximately INR 1 lac which in natural diamonds can cost over INR 6 lacs. This affordability democratizes luxury, making it accessible to a wider audience without compromising on quality or style.
II. Quality and Consistency:
Lab grown diamonds particularly through the CVD process, are better than mined diamonds in terms of their shine. This is because CVD diamonds is purely composed of carbon and does not have traces of nitrogen in them. Over 98% of the world’s natural diamonds contain nitrogen and only 2% of the world’s natural diamonds have been the purest type. As a result, the shine & brilliance of CVD diamonds are better than most natural diamonds. As lab grown diamonds are grown under a controlled environment, it ensures flawless quality in every facet. Whether you're searching for the perfect lab grown diamond ring or a pair of exquisite diamond earrings, CVD lab grown diamond jewellery is just the right choice for you. CVD diamonds are not only real diamonds grown in the lab but are also comparatively superior in quality due to the absence of nitrogen (certified as Type IIa diamonds). Hence, these diamonds have a far better shine, lustre and sparkle.
All the exquisite diamond studded jewellery available at Limelight Diamonds is made with certified real CVD diamonds, offering a vast variety of trendy solitaire-based designs.
III. Environmental Impact:
In an era of increasing environmental consciousness, lab grown diamonds are a major draw for consumers as the production of lab-grown diamonds aligns with broader sustainability goals. Traditional diamond mining entails extensive extraction efforts, significant resource consumption and many more, all contributing to the higher cost of mined diamonds. In contrast, the diamonds grown in the laboratory produce significantly fewer carbon emissions and have minimum to no impact on the environment. Studies & reports claim that 1 carat of a lab grown diamond can save upto 250 tonnes of land and gallons of water. In addition, majority lab grown diamond growers have also adopted renewable sources of energy like solar or wind energy and others initiatives for sustainable development, making it a truly sustainable choice.
Today, these eco-friendly diamonds have ushered in a new era of sustainable luxury, gaining popularity among modern women who are environmentally conscious and seeking guilt-free styling. Lab diamonds grown through the CVD method are the perfect note of grace that add style along with a sense of value to any look. It gives the wearer a renewed sense of purpose, offering a more modern and ethical interpretation of timeless allure.
IV. Innovation and Customisation:
Lab grown diamonds offer endless possibilities for innovation and customisation, allowing consumers to express their individuality through unique jewellery designs. Whether you prefer classic elegance or modern chic, lab grown diamond jewellery can be tailored to suit your personal style and preferences. From intricate diamond settings to bespoke solitaires, their versatility ensures that each piece is as distinctive as the person wearing it. Brands like Limelight Diamonds offer a wide range of customizable options that customers can select from.
If you wish to buy lab grown diamonds online or shop from the store, you can reach out to jewellery experts at any Limelight store to make a well-informed purchase.
With their cost-effectiveness, quality, sustainability, and customisation options, lab grown diamonds are a compelling choice. Whether you're shopping for an engagement ring, an anniversary gift, or a special occasion piece, consider joining the sparkling revolution and discover the beauty of lab grown diamonds for yourself.
FAQs:
1. Are Lab Grown Diamonds real diamonds?
Yes, lab grown diamonds are real. They are chemically, physically, and optically identical to mined diamonds, with the same quality (if not better) than their mined counterparts.
2. How do Lab Grown Diamonds differ from mined diamonds?
Lab grown diamonds are identical to mined diamonds with the only difference in their process of creation. They are created in a controlled laboratory environment using advanced technology, while mined diamonds are formed naturally in the earth over millions of years. However, owing to its creation in a controlled environment, CVD lab grown diamonds offer superior quality compared to mined diamonds.
3. Are Lab Grown Diamonds more affordable than mined diamonds?
Yes, lab grown diamonds are typically more affordable than mined diamonds, offering consumers a cost-effective choice without compromising on the quality.
A ring studded in 1 carat natural diamond could cost anywhere between INR 6-8 lacs (depending on quality) whereas, 1 carat lab grown diamond ring will be priced between INR 90k - 1.1 lacs.
This is mainly because of the prevention of majority of the expenses incurred due to mining. Since there is no mining involved, that cost gets saved and is passed on as a benefit to the consumer. However, there is absolutely no compromise in quality whatsoever as they both are identical in all ways.
In fact, lab diamonds grown through CVD method are the purest form of a diamond (TypeIIA) with better shine and lustre which is a rarity to find in natural diamonds.