Research Methodology – Diamond Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Diamond Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Diamond Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Total production of diamonds both in volume and value across different regions
- Demand of diamonds in major markets like North America, Europe, and Asia
- Current and historical prices of different types and sizes of diamonds
- Total number of diamond mines in operation
- Number of players in the market and their respective market share
- Impact of policy changes or regulations on diamond mining, distribution, and sales
- Trade dynamics such as import-export statistics
- Consumer preferences and buying habits related to diamond jewelry
Key Market Indicators
- Global Diamond Production Volume
- Global Diamond Sales Value
- Average Diamond Prices Globally
- Market Capitalization of Major Diamond Companies
- Distribution Channels (Online vs Offline Sales)
- Supply Chain Effectiveness and Efficiency
- Consumer Sentiment and Confidence Indicators
Growth Trends
- Increasing demand for diamonds in emerging markets
- Adoption of tech-enabled distribution and sales channels
- Increasing use of synthetic or lab-grown diamonds
- Trends towards ethically sourced and transparent diamond supply chains
- Growth in diamond jewelry markets related to specific events (e.g. weddings, anniversaries)
- Growth rates associated with luxury consumer goods markets, particularly in countries like China and India
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Diamond Market. Key inputs include:
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Diamond Market
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights
Available for purchase with detailed segment data, forecasts, and regional insights.
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