ARTICLE
The lab-grown diamond industry has evolved from niche to mainstream at a pace few anticipated. Recent reports from Fortune Business Insights and Aurelia Diamonds now estimate that the global lab-grown diamond market will soar to $74.45 billion by 2032 and nearly $98 billion by 2034, with sustained double-digit growth rates. The numbers speak for themselves—consumer interest is surging, and the market is responding with innovation, global expansion, and bold new opportunities.
But what does this rapid evolution mean for today’s jewelry shopper?
At J Ortman, established in 1899, we’ve been around for over 125 years, helping generations of families find the perfect piece to mark their most meaningful moments. As concierge jewelers, we’ve built our legacy on personalization, trust, and value—qualities that matter more than ever in today’s changing diamond landscape.
Why Lab-Grown Now?
Lab-created diamonds offer all the brilliance of their mined counterparts—with added benefits of affordability, ethical sourcing, and sustainability. With U.S. consumers making up 70% of global lab-grown diamond sales, the shift is unmistakable. From engagement rings to fashion-forward jewelry like necklaces and bracelets, lab-grown is no longer just an alternative—it’s often the first choice.
Yet behind the sparkle, the market faces growing pains. Price fluctuations and tariff shifts have made inventory management complex for some suppliers. At the same time, companies like De Beers are launching multi-year campaigns to differentiate mined stones—proving just how seriously they take the competition.
Here’s the good news: J Ortman stands ready. As a jeweler with deep roots and forward-looking values, we’re uniquely positioned to guide you through this dynamic moment. We offer some of the best pricing on lab-grown diamonds, thanks to long-standing supplier relationships and a commitment to transparency.
A Century of Trust. A Future of Innovation.
Unlike mass-market retailers, we provide one-on-one service tailored to your needs. Whether you’re selecting your first diamond or updating a family heirloom with lab-grown brilliance, our team is here with expertise and care.
As the market shifts from being price-driven to focused on sustainability and storytelling, we’re already there—helping clients understand not just the “what,” but the “why” behind every stone.
Experience the J Ortman Difference
From our family to yours, we invite you to discover what five generations of excellence looks like. Lab-grown or mined, classic or contemporary, you deserve a jeweler who treats every customer like a legacy client.
Visit JOrtman.com today—where heritage meets innovation, and brilliance begins with trust.
Heidi Ortman Sheff
heidi@jortman.com
www.jortman.com