Lab-grown diamonds have gained traction in Canada due to their physical, molecular, and chemical resemblance to mined diamonds. The global lab created diamond market is witnessing an increase in its share each year, resulting in the growth of volume. The market volume is expected to reach over 19 million carats in 2030.
Couples who want to make a more significant impact on a smaller budget choose lab diamonds due to their notable cost advantage and lower environmental impact. Many Canadian jewellers offer lab diamonds today to keep up with growing consumer demands. Discover the reason behind the popularity of lab created diamonds to make an informed decision when you’re ready to purchase an engagement ring.
Better Knowledge of Availability
In the past five years, the awareness of lab diamonds as a viable option has skyrocketed. People know what they want and where to get it. This allows more people to choose lab diamonds without going through a full education. More couples are becoming comfortable with their choice as they can access more information on lab diamonds’ manufacturing and design process.
Opportunity to Reduce Environmental Impact
Lab diamonds have a smaller environmental impact because there is no mining involved in the process, making it an excellent option for those who have never been comfortable with the concept of mining. One of the ways leading laboratories create lab diamonds by mimicking the same pressure and extreme heat conditions used when mining diamonds.
Sustainability and transparency are two of the leading reasons couples in Canada choose lab diamonds. As people become more environmentally conscious, they realize the value of choosing jewellery better suited to protect the earth.
Better Suited to Many Budgets
One of the key benefits of choosing lab created diamonds is your ability to maximize your budget. Lab diamonds are created in the lab, reducing the long process and cost of mining them. This is particularly helpful for couples with a limited budget that wants a beautiful ring without comprising quality. The ability to get more on your dollar allows you to spend elsewhere, such as on your wedding, honeymoon, or home investment.
You can achieve about a 30 percent larger lab diamond than mined diamond for the same cost. This is because the total development and operating costs over the life of a diamond mine can exceed $4 billion, resulting in higher jewellery prices. However, lab diamonds have a more straightforward growth process that doesn’t involve such a lengthy procedure.
Whether you’re looking for a large diamond on a limited budget or looking to save money on your ring, lab diamonds are the ideal choice. Speak to a reputable jeweller and discuss your budget to craft the perfect ring for your loved one.
Option to Customize
Just like mined diamonds, lab created diamonds can be cut in various shapes and sizes. The versatility of the stone makes it a top choice for couples looking to create something that illustrates their love story.
When looking for a lab created diamond engagement ring in Canada, consult an experienced jeweller with an extensive portfolio. Choosing the most qualified team of experts is key to ensuring that your ring design process is smooth. They can guide you through the process and help you find the perfect diamond and craft the perfect engagement ring. During your work with a custom jeweller, they should help you assess the diamond’s shape, size, colour, as well as your ring’s setting and design.
Innovation & Technology
Getting engaged with a beautiful ring is a noteworthy moment for most couples. But marking the moment with science is important to people who connect with innovation & technology, especially in Canada’s fast-paced environment. Individuals who look for ways to improve their life and explore the benefits of technology tend to be more drawn towards lab diamonds due to the marvellous innovation.
