TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 11
1.1 MARKET ATTRACTIVENESS ANALYSIS 13
1.1.1 GEMSTONE CERTIFICATION MARKET, BY TYPE 14
1.1.2 GEMSTONE CERTIFICATION MARKET, BY CATEGORY 15
1.1.3 GEMSTONE CERTIFICATION MARKET, BY REGION 16
2 MARKET INTRODUCTION 17
2.1 DEFINITION 17
2.2 SCOPE OF THE STUDY 17
2.3 RESEARCH OBJECTIVE 17
2.4 MARKET STRUCTURE 18
2.5 KEY BUYING CRITERIA 18
3 RESEARCH METHODOLOGY 19
3.1 RESEARCH PROCESS 19
3.2 PRIMARY RESEARCH 20
3.3 SECONDARY RESEARCH 21
3.4 MARKET SIZE ESTIMATION 21
3.5 TOP-DOWN AND BOTTOM-UP APPROACH 22
3.6 FORECAST MODEL 23
3.7 LIST OF ASSUMPTIONS & LIMITATIONS 24
4 MARKET DYNAMICS 25
4.1 INTRODUCTION 25
4.2 DRIVERS 26
4.2.1 GROWING CONSUMER AWARENESS AND DEMAND FOR ETHICAL SOURCING 26
4.2.2 REGULATORY COMPLIANCE AND INDUSTRY STANDARDS 26
4.2.3 GROWING ONLINE SALES CHANNELS 27
4.3 RESTRAINTS 28
4.3.1 HIGH CERTIFICATION COSTS 28
4.3.2 LIMITED STANDARDIZATION FOR GEMSTONE CERTIFICATION 29
4.4 OPPORTUNITIES 30
4.4.1 TECHNOLOGICAL ADVANCEMENTS IN CERTIFICATION PROCESSES 30
4.4.2 RISING INTEREST IN COLORED GEMSTONES 31
4.5 CHALLENGES 32
4.5.1 FRAUDULENT PRACTICES AND COUNTERFEITING 32
4.5.2 GLOBAL ECONOMIC UNCERTAINTIES 33
5 MARKET FACTOR ANALYSIS 34
5.1 VALUE CHAIN ANALYSIS 34
5.1.1 RAW CATEGORY 34
5.1.2 MANUFACTURING / PRODUCTION / PROCESSING 35
5.1.3 PACKING 35
5.2 SUPPLY CHAIN ANALYSIS 35
5.2.1 RAW MATERIAL SUPPLIER 36
5.2.2 MANUFACTURER 36
5.2.3 DISTRIBUTION CHANNEL 36
5.3 PORTER'S FIVE FORCES ANALYSIS 37
5.3.1 BARGAINING POWER OF SUPPLIERS 37
5.3.2 BARGAINING POWER OF BUYERS 38
5.3.3 THREAT OF NEW ENTRANT 38
5.3.4 THREAT OF SUBSTITUTE 38
5.3.5 INTENSITY OF RIVALRY 38
5.4 IMPACT OF COVID-19 OUTBREAK ON GEMSTONES MARKET 39
5.4.1 IMPACT ON PRODUCTION 39
5.4.2 IMPACT ON SUPPLY CHAIN 39
5.4.3 IMPACT ON PRICING 40
5.4.4 IMPACT ON CONSUMER BUYING BEHAVIOR 40
5.4.5 OTHERS 41
5.5 LIST OF CERTIFYING AGENCIES, BY REGION 42
6 GLOBAL GEMSTONES CERTIFICATION MARKET, BY TYPE 44
6.1 OVERVIEW 44
6.1.1 GLOBAL GEMSTONES CERTIFICATION MARKET ESTIMATES & FORECAST, BY TYPE, 2018–2032 45
6.2 EMERALD 45
6.3 PEARL 45
6.4 SAPPHIRE 46
6.5 RUBY 46
6.6 OTHERS 47
7 GLOBAL GEMSTONES CERTIFICATION MARKET, BY CATEGORY 48
7.1 OVERVIEW 48
7.1.1 GLOBAL GEMSTONES CERTIFICATION MARKET ESTIMATES & FORECAST, BY CATEGORY, 2018–2032 49
7.2 NATURAL 49
7.3 SYNTHETIC 49
8 GLOBAL GEMSTONES CERTIFICATION MARKET, BY REGION 50
8.1 OVERVIEW 50
8.2 NORTH AMERICA 52
8.3 EUROPE 53
8.4 ASIA-PACIFIC 54
8.5 SOUTH AMERICA 55
8.6 MIDDLE EAST & AFRICA 56
9 COMPETITIVE LANDSCAPE 57
9.1 INTRODUCTION 57
9.2 COMPETITIVE BENCHMARKING 58
9.3 GLOBAL MARKET STRATEGY ANALYSIS 59
9.4 KEY DEVELOPMENT AND GROWTH STRATEGIES 60
9.4.1 PRODUCT LAUNCH 60
9.4.2 EXPANSION 60
9.4.3 COMPANY UPDATE 60
9.4.4 PARTNERSHIP/ COLLABORATION/ AGREEMENT 61
9.4.5 ACQUISITION 61
9.4.6 AWARD 61
9.4.7 ANNOUNCEMENT 61
10 COMPANY PROFILES 62
10.1 GÃœBELIN 62
10.1.1 COMPANY OVERVIEW 62
10.1.2 FINANCIAL OVERVIEW 62
10.1.3 PRODUCTS OFFERED 62
10.1.4 KEY DEVELOPMENTS 62
10.1.5 SWOT ANALYSIS 63
10.1.6 KEY STRATEGIES 63
10.2 SSEF 64
10.2.1 COMPANY OVERVIEW 64
10.2.2 FINANCIAL OVERVIEW 64
10.2.3 PRODUCTS OFFERED 64
10.2.4 KEY DEVELOPMENTS 64
10.2.5 SWOT ANALYSIS 65
10.2.6 KEY STRATEGIES 65
10.3 INTERNATIONAL GEMOLOGICAL INSTITUTE 66
10.3.1 COMPANY OVERVIEW 66
10.3.2 FINANCIAL OVERVIEW 66
10.3.3 PRODUCTS OFFERED 66
10.3.4 KEY DEVELOPMENTS 66
10.3.5 SWOT ANALYSIS 67
10.3.6 KEY STRATEGIES 68
10.4 ASSAY OFFICE BIRMINGHAM 69
10.4.1 COMPANY OVERVIEW 69
10.4.2 FINANCIAL OVERVIEW 69
10.4.3 PRODUCTS OFFERED 69
10.4.4 KEY DEVELOPMENTS 69
10.4.5 SWOT ANALYSIS 70
10.4.6 KEY STRATEGIES 70
10.5 AMERICAN GEM SOCIETY 71
10.5.1 COMPANY OVERVIEW 71
10.5.2 FINANCIAL OVERVIEW 71
10.5.3 PRODUCTS OFFERED 71
10.5.4 KEY DEVELOPMENTS 71
10.5.5 SWOT ANALYSIS 72
10.5.6 KEY STRATEGIES 72
10.6 GEMOLOGICAL APPRAISAL LABORATORY OF AMERICA, INC. 73
10.6.1 COMPANY OVERVIEW 73
10.6.2 FINANCIAL OVERVIEW 73
10.6.3 PRODUCTS OFFERED 73
10.6.4 KEY DEVELOPMENTS 73
10.6.5 SWOT ANALYSIS 74
10.6.6 KEY STRATEGIES 74
10.7 GEM CERTIFICATION & ASSURANCE LAB, INC 75
10.7.1 COMPANY OVERVIEW 75
10.7.2 FINANCIAL OVERVIEW 75
10.7.3 PRODUCTS OFFERED 75
10.7.4 KEY DEVELOPMENTS 75
10.7.5 SWOT ANALYSIS 76
10.7.6 KEY STRATEGIES 76
10.8 GLA 77
10.8.1 COMPANY OVERVIEW 77
10.8.2 FINANCIAL OVERVIEW 77
10.8.3 PRODUCTS OFFERED 77
10.8.4 KEY DEVELOPMENTS 77
10.8.5 SWOT ANALYSIS 78
10.8.6 KEY STRATEGIES 78
10.9 HRD ANTWERP 79
10.9.1 COMPANY OVERVIEW 79
10.9.2 FINANCIAL OVERVIEW 79
10.9.3 PRODUCTS OFFERED 79
10.9.4 KEY DEVELOPMENTS 79
10.9.5 SWOT ANALYSIS 80
10.9.6 KEY STRATEGIES 80
10.10 WGI LABORATORY 81
10.10.1 COMPANY OVERVIEW 81
10.10.2 FINANCIAL OVERVIEW 81
10.10.3 PRODUCTS OFFERED 81
10.10.4 KEY DEVELOPMENTS 82
10.10.5 KEY STRATEGIES 82
11 APPENDIX 83
11.1 REFERENCES 83
11.2 RELATED REPORTS 84
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS & LIMITATIONS 24
TABLE 2 GLOBAL GEMSTONES CERTIFICATION MARKET ESTIMATES & FORECAST, BY TYPE, 2018–2032 (USD MILLION) 45
TABLE 3 GLOBAL GEMSTONES CERTIFICATION MARKET ESTIMATES & FORECAST, BY CATEGORY, 2018–2032 (USD MILLION) 49
TABLE 4 GLOBAL GEMSTONES CERTIFICATION MARKET ESTIMATES & FORECAST, BY REGION, 2018–2032 (USD MILLION) 51
TABLE 5 NORTH AMERICA: GEMSTONES CERTIFICATION MARKET, BY COUNTRY, 2018–2032 (USD MILLION) 52
TABLE 6 EUROPE: GEMSTONES CERTIFICATION MARKET, BY COUNTRY, 2018–2032 (USD MILLION) 54
TABLE 7 ASIA PACIFIC: GEMSTONES CERTIFICATION MARKET, BY COUNTRY, 2018–2032 (USD MILLION) 55
TABLE 8 PRODUCT LAUNCH 60
TABLE 9 EXPANSION 60
TABLE 10 COMPANY UPDATE 60
TABLE 11 PARTNERSHIP/ COLLABORATION/ AGREEMENT 61
TABLE 12 ACQUISITION 61
TABLE 13 AWARD 61
TABLE 14 ANNOUNCEMENT 61
TABLE 15 GÃœBELIN: PRODUCTS OFFERED 62
TABLE 16 SSEF: PRODUCTS OFFERED 64
TABLE 17 SSEF: KEY DEVELOPMENTS 64
TABLE 18 INTERNATIONAL GEMOLOGICAL INSTITUTE: PRODUCTS OFFERED 66
TABLE 19 INTERNATIONAL GEMOLOGICAL INSTITUTE: KEY DEVELOPMENTS 66
TABLE 20 ASSAY OFFICE BIRMINGHAM: PRODUCT OFFERED 69
TABLE 21 ASSAY OFFICE BIRMINGHAM: KEY DEVELOPMENT 69
TABLE 22 AMERICAN GEM SOCIETY: PRODUCTS OFFERED 71
TABLE 23 AMERICAN GEM SOCIETY: KEY DEVELOPMENT 71
TABLE 24 GEMOLOGICAL APPRAISAL LABORATORY OF AMERICA, INC.: PRODUCT OFFERED 73
TABLE 25 GEM CERTIFICATION & ASSURANCE LAB, INC: PRODUCTS OFFERED 75
TABLE 26 GLA: PRODUCTS OFFERED 77
TABLE 27 HRD ANTWERP: PRODUCTS OFFERED 79
TABLE 28 WGI LABORATORY: PRODUCTS OFFERED 81
LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 12
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GEMSTONE CERTIFICATION MARKET, 2022 13
FIGURE 3 GEMSTONE CERTIFICATION MARKET ANALYSIS BY TYPE 14
FIGURE 4 GEMSTONE CERTIFICATION MARKET ANALYSIS BY CATEGORY 15
FIGURE 5 GEMSTONE CERTIFICATION MARKET ANALYSIS BY REGION 16
FIGURE 6 GEMSTONE CERTIFICATION MARKET: MARKET STRUCTURE 18
FIGURE 7 KEY BUYING CRITERIA FOR GEMSTONES 18
FIGURE 8 RESEARCH PROCESS OF MRFR 19
FIGURE 9 MARKET DYNAMICS OVERVIEW 25
FIGURE 10 DRIVERS IMPACT ANALYSIS 28
FIGURE 11 RESTRAINTS IMPACT ANALYSIS 30
FIGURE 12 VALUE CHAIN ANALYSIS: GLOBAL GEMSTONE CERTIFICATION MARKET 34
FIGURE 13 SUPPLY CHAIN ANALYSIS: GLOBAL GEMSTONE CERTIFICATION MARKET 35
FIGURE 14 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL GEMSTONES CERTIFICATION MARKET 37
FIGURE 15 GLOBAL GEMSTONES CERTIFICATION MARKET, BY TYPE, 2022 (% SHARE) 44
FIGURE 16 GLOBAL GEMSTONES CERTIFICATION MARKET, BY TYPE, 2018–2032 (USD MILLION) 44
FIGURE 17 GLOBAL GEMSTONES CERTIFICATION MARKET, BY CATEGORY, 2022 (% SHARE) 48
FIGURE 18 GLOBAL GEMSTONES CERTIFICATION MARKET, BY CATEGORY, 2018–2032 (USD MILLION) 48
FIGURE 19 GLOBAL GEMSTONES CERTIFICATION MARKET, BY REGION, 2022 (% SHARE) 50
FIGURE 20 GLOBAL GEMSTONES CERTIFICATION MARKET, BY REGION, 2018-2032 (USD MILLION) 51
FIGURE 21 COMPETITIVE BENCHMARKING: GLOBAL GEMSTONES CERTIFICATION MARKET 58
FIGURE 22 GLOBAL MARKET STRATEGY ANALYSIS: GLOBAL GEMSTONES CERTIFICATION MARKET 59
FIGURE 23 GÃœBELIN: SWOT ANALYSIS 63
FIGURE 24 SSEF: SWOT ANALYSIS 65
FIGURE 25 INTERNATIONAL GEMOLOGICAL INSTITUTE: SWOT ANALYSIS 67
FIGURE 26 ASSAY OFFICE BIRMINGHAM: SWOT ANALYSIS 70
FIGURE 27 AMERICAN GEM SOCIETY: SWOT ANALYSIS 72
FIGURE 28 GEMOLOGICAL APPRAISAL LABORATORY OF AMERICA, INC.: SWOT ANALYSIS 74
FIGURE 29 GEM CERTIFICATION & ASSURANCE LAB, INC: SWOT ANALYSIS 76
FIGURE 30 GLA: SWOT ANALYSIS 78
FIGURE 31 HRD ANTWERP: SWOT ANALYSIS 80
FIGURE 32 WGI LABORATORY: SWOT ANALYSIS 82