Are lab grown diamond engagement rings really popular?
According to a survey, about 2 in 3 engagement rings are lab grown diamond rings today.
In recent years, specifically after the pandemic, there has been a significant shift in the world of engagement rings. For decades, mined diamonds have held a unique position, symbolizing everlasting love and commitment. However, after 2020, a sharp and sudden rise in the demand for lab grown engagement rings over natural diamond rings was noticed.
Lab-grown diamonds have the same physical and chemical properties as their mined counterparts. The only difference is how they are made and their price range. This is why these days, couples are now opting for diamonds cultivated in laboratories instead of traditional natural diamonds.
Here are some of the top reasons for the growing popularity of lab grown diamond rings:
1. Cost-effective
Probably the most compelling reason behind the sudden increase in demand for the lab grown engagement ring is their exceptional quality and affordable price. These diamonds have the same physical properties as their natural counterparts. But if you see the price difference, it is huge. Lab-grown diamonds are usually 20-50% less expensive than natural diamonds. This helps couples buy the most beautiful diamond rings without breaking the bank.
2. High Quality and Beautiful
There is a common misperception among people that lab-grown diamonds are not as high quality as mined diamonds. Due to the advancements in the diamond-growing industry, you can get high-quality lab-grown diamonds today. It is almost impossible to distinguish these lab-grown diamonds from real diamonds with the naked eye. Additionally, lab grown diamonds have the same sparkle and clarity as mined diamonds.
3. Ethically Sourced and Environmentally Friendly
Another key factor in the emerging rise of lab grown diamond engagement rings is that they are ethical and environmentally friendly. The mining of natural diamonds has been linked to environmental damage, unethical labor practices, and other conflicts.
On the other hand, lab grown diamonds are created in laboratories in specific, controlled environments with ethical guidelines. The lab grown diamond engagement rings are conflict-free, completely ethically sourced, and environmentally friendly, this is why couples are more inclined towards buying them.
4. Customization
The best thing about lab-grown diamonds is that they are available in a huge variety of sizes, shapes, and colors. Several options are available, from classic round cuts to fancy shapes such as oval, emerald, or pear. Also, color variants like yellows, pinks, blues, and greens are available. This wide selection of cuts and colors offers couples more freedom to select or customize a special stone to create a truly personalized engagement ring.
Final Words
With the growing popularity of lab-grown diamonds, couples now have a wider range of options to find the perfect engagement ring that reflects their values, personal style, and commitment. Lab grown diamonds are also ethically sourced, eco-friendly, and of exceptional quality, making them excellent choices. With so many customization options and affordable prices, today Lab grown diamonds in engagement and wedding rings are cherished among modern couples.