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Diamond Mining Industry 2015-2019

Diamond Mining Industry 2015-2019

Market analysis of diamond mining

Technavios market research analyst predicts the diamond mining industry to grow at a CAGR of around 5% during the forecast period. The increased demand from emerging markets such as China and India for diamond jewelry is driving the growth of this industry. The average amount spent on diamond jewelry by married women is around USD 1500 followed by single women who spent an average of USD 1100 during 2013.

The environmental issues arising due to diamond mining is expected to pose challenges for the growth of the market during the forecast period. Diamond mining uses a variety of mining methods, some of which include the evacuation of large amounts of soil from the earth, causing land unsettlement. The mining activities also lead to the removal of other minerals and huge carbon footprints. As a result, new regulations are being set up to ensure evacuation, stockpiling and return of other minerals to allow the region to come back to its natural state.

Segmentation by application and analysis of - industry applications, jewelry making

Industrial applications dominated the market during 2014 with a market share of 70%. This research report predicts this segment to reach a market volume of 105 karats by the end of 2019. Small pieces of diamonds are fixed in a saw blade or a grinding wheel for cutting, drilling, or grinding. Powdered diamond is made into a paste and used for polishing.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -

Industry applications
Jewelry making
Geographical segmentation and analysis of the diamond mining market

Africa
Australia
Europe
North America
ROW
Africa accounted for 53% of the market share during 2014 and is predicted to retain its leadership until the end of 2019 with a growth rate of 6%. The growth of the diamond industry in this region is due to a large number of mines present in this region. South Africa is the market leader in this region contributing nearly 53% of the revenue.

Competitive landscape and key vendors - ALROSA, De Beers, Rio Tinto, Stornoway, Dominion

The diamond mining market is highly competitive due to the presence of numerous players. The industry has been witnessing consolidation with the smaller entities being acquired by major vendors. Most of the vendors invest heavily in R&D to succeed in this intensely competitive market.

The leading vendors in the market are -

ALROSA
De Beers
Dominion Diamond
Gem Diamonds
Lucara Diamond
Petra Diamonds
Rio Tinto
Stornoway Diamond
Other vendors in the market include Mountain Province Diamonds, Archon Minerals, Lonrho Mining, Diamond Corp, Peregrine Diamonds, Diamcor Mining, True North Gems, Tsodilo Resources, Shore Gold, Paragon Diamonds, North Arrow Minerals, African Consolidated Resources, Debswana Diamond, Koidu Holdings, Mwana Africa, Rockwell Diamonds, and MIBA.

Key questions answered in the report include

What will the market size and the growth rate be in 2019
What are the key factors driving the diamond mining industry
What are the key market trends impacting the growth of the diamond mining industry
What are the challenges to market growth
Who are the key vendors in the diamond mining market
What are the market opportunities and threats faced by the vendors in the diamond mining industry
Trending factors influencing the market shares of the Africa, Australia, Europe, North America, and ROW
What are the key outcomes of the five forces analysis of the diamond mining industry
Technavio also offers customization on reports based on specific client requirement.

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Press Release

Technavio Announces the Publication of its Research Report – Global Diamond Mining Industry Outlook 2015-2019

Technavio recognizes the following companies as the key players in the Global Diamond Mining Industry Outlook: ALROSA, De Beers, Dominion Diamond, Gem Diamonds, Lucara Diamond, Petra Diamonds, Rio Tinto and Stornoway Diamond

Other Prominent Vendors in the market are: Mountain Province Diamonds, Archon Minerals, Lonrho Mining, Diamond Corp, Peregrine Diamonds, Diamcor Mining, True North Gems, Tsodilo Resources, Shore Gold, Paragon Diamonds, North Arrow Minerals, African Consolidated Resources, Debswana Diamond, Koidu Holdings, Mwana Africa, Rockwell Diamonds, and MIBA.

Commenting on the report, an analyst from Technavio’s team said: “Gifting diamond jewelry has become common these days, leading to an increase in the amount spent on jewlery items. Consumers prefer stylish diamond jewelry that makes a fashion statement and which can be given as a gift. The advantage of diamond jewelry is that it triggers an emotional reaction in the consumer.”

According to the report, pre-purchase touch points help in increasing sales of diamonds and diamond jewelry. Pre-purchase touch points include advertisements, magazines, jewelry stores, and online stores. Before investing a sizable amount of money on diamonds, some consumers have a look at the various pre-touch points, such as the online portals of the company, to learn about the quality, prices, and also for the pre-selection of designs and reviews from magazines.

Further, the report states that the cost of operating mines is on the rise as a result of the increasing complexity of mining diamonds. The increase in the cost of mining affects the cost of gem diamonds as well as industrial diamonds.

Companies Mentioned

ALROSA, De Beers, Dominion Diamond, Gem Diamonds, Lucara Diamond, Petra Diamonds, Rio Tinto, Stornoway Diamond, Mountain Province Diamonds, Archon Minerals, Lonrho Mining, Diamond Corp, Peregrine Diamonds, Diamcor Mining, True North Gems, Tsodilo Resources, Shore Gold, Paragon Diamonds, North Arrow Minerals, African Consolidated Resources, Debswana Diamond, Koidu Holdings, Mwana Africa, Rockwell Diamonds, and MIBA.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global diamond mining market segmentation
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Overview
    • Properties of diamond
      • Table Properties of diamond
    • The Four Cs
    • Diamond pipeline
      • Table Diamond jewelry supply chain
    • Kimberley Process
    • Mining types
  • Market landscape
    • Market overview
      • Table Global diamond mining market
      • Table Global diamond mining market by geography
      • Table Global diamond mining market by applications
    • Market size and forecast by volume
      • Table Global diamond mining market by volume 2014-2019 (million carats)
    • Market size and forecast by revenue
      • Table Global diamond mining market by revenue 2014-2019 ($ billions)
    • Pricing analysis
      • Table Global diamond average prices ($ per carat)
    • Porter's five forces analysis
      • Table Five forces analysis
  • Market segmentation by applications
    • Overview
      • Table Global diamond mining market by applications 2014 (millions of carats)
    • Global diamond mining market by jewelry making
      • Table Global diamond mining market by jewelry making 2014 and 2019 (million carats)
      • Table Share of diamonds by production type in jewelry making 2014
    • Global diamond mining market by industrial applications
      • Table Global diamond mining market by industry applications 2014 and 2019 (million carats)
      • Table Share of diamond by production type in industrial applications 2014
  • Geographical segmentation
    • Overview
      • Table Geographical segmentation by volume 2014
      • Table Geographical segmentation by revenue 2014
    • Diamond mining market in Africa
      • Table Diamond mining market in Africa by volume 2014 (million carats)
      • Table Diamond mining market in Africa by revenue 2014 ($ billions)
      • Table Rank of countries by diamond production 2014 (million carats)
      • Table Rank of countries by diamond production 2014 ($ billions)
    • Diamond mining market in North America
      • Table Diamond mining market in North America by volume 2014 (million carats)
      • Table Diamond mining market in North America by revenue 2014 ($ billions)
    • Diamond mining market in Australia
      • Table Diamond mining market in Australia by volume 2014 (million carats)
      • Table Diamond mining market in Australia by revenue 2014 ($ billions)
    • Diamond mining market in Europe
      • Table Diamond mining market in Europe by volume 2014 (million carats)
      • Table Diamond mining market in Europe by revenue 2014 ($ billions)
    • Diamond mining market in ROW
      • Table Diamond mining market in ROW by volume 2014 (million carats)
      • Table Diamond mining market in ROW by revenue 2014 ($ billions)
  • Key leading countries
    • Table Key leading countries by production volume
  • Market drivers
    • Rise in demand from emerging markets
    • Emergence of pre-purchase touch points
    • Increase in organized retail
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Rise in operating costs
    • Mineworker strikes in diamond mines
    • Environmental issues
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Evolving fashion statement
    • Constant advance of e-tailing
    • Technological shift in jewelry making
  • Vendor landscape
    • Competitive scenario
    • Degree of consolidation
      • Table Global diamond mining market: Degree of consolidation by geography 2014
    • Value chain analysis
      • Table Value chain of global diamond market
    • List of diamond mines
      • Table List of diamond mines
    • Key market vendors
      • Table Key market vendors 2014
    • Market share of key vendors in terms of revenue
      • Table Market share of key vendors in terms of revenue 2014
    • Market share of key vendors in terms of volume
      • Table Market share of key vendors in terms of volume 2014
    • Key news
    • Other prominent vendors
  • Key vendor analysis
    • ALROSA
      • Table ALROSA: Business segmentation by revenue 2014
      • Table ALROSA: Business segmentation by revenue 2013 and 2014
      • Table ALROSA: Geographical segmentation by revenue 2014
    • De Beers
      • Table De Beers: Product categories
    • Dominion Diamond
      • Table Dominion Diamond: Business segmentation by revenue 2014
      • Table Dominion Diamond: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table Dominion Diamond: Geographical segmentation by revenue 2015
    • Gem Diamonds
      • Table Gem Diamonds: Business segmentation 2014 by revenue
      • Table Gem Diamonds: Business segmentation by revenue 2013 and 2014 ($ millions)
    • Lucara Diamond
      • Table Lucara Diamond: Projects
      • Table Lucara Diamond: Revenue comparison 2013 and 2014 ($ millions)
      • Table Lucara Diamond: Geographical segmentation by revenue 2014
    • Petra Diamonds
      • Table Petra diamonds: Revenue segmentation by mines 2014
      • Table Petra Diamonds: Geographical segmentation by revenue 2014
    • Rio Tinto
      • Table Rio Tinto: Business segmentation by revenue 2014
      • Table Rio Tinto: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Rio Tinto: Geographical segmentation by revenue 2014
    • Stornoway Diamond
      • Table Stornoway Diamond: Business Segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

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