SHOW DAILY by JNA • 8 NEWS JewelleryNet.com Day 2 • 17 September 2024 A glittering collection of lab-grown diamonds and finished lab-grown diamond jewellery is taking centre stage at Greenlab Diamonds’ booth at Jewellery & Gem WORLD Hong Kong (JGW) 2024. The company offers parcels that are ideal for bulk purchases and solitaire stones of up to 30-plus carats, catering to the specific needs of manufacturers, retailers and high-end buyers. “We are displaying lab-grown diamonds in a full spectrum of colours, led by traditional whites,” it noted. “Our offerings also cover all clarity grades: From flawless to those with minor inclusions, ensuring there is something for every preference and budget. Buyers can likewise choose from a variety of shapes like round, princess, cushion, oval, marquise, pear and more.” At JGW, the spotlight is on the company’s fancy colour lab-grown diamonds, which are available in mesmerising colours of yellow, pink, green and blue, to name a few. These also come in a variety of clarity grades and shapes. “Offering a wide array of products allows for greater creativity in jewellery designs,” added Greenlab. “We are also showcasing our curated selection of lab-grown diamond jewellery, including engagement rings, wedding bands, earrings, necklaces and bracelets.” According to the company, JGW serves as a platform to establish new business connections and explore partnerships and potential collaborations with other industry leaders. Demand for lab-grown diamonds remains steady in Greenlab’s major markets of the US and Europe. Meanwhile, the company is focused on raising awareness and understanding of lab-grown diamonds in the mainland Chinese and Hong Kong retail markets. “We wish to establish and strengthen partnerships with leading retail chains and independent jewellers in these regions to expand our market presence,” the company noted. Exploring emerging markets in Southeast Asia is also in the cards for Greenlab. Greenlab has successfully expanded its operations into several key Asian markets, including China, Hong Kong, Japan and Singapore. To meet rising demand, Greenlab has enhanced its jewellery manufacturing capability by investing in state-of-the-art technology and expanding its production facilities. Moving forward, Greenlab is looking to enter a direct-to-consumer (B2C) platform, allowing customers to purchase lab-grown diamonds and lab-grown diamond jewellery directly from the company and providing them with a seamless and transparent shopping experience. “We anticipate substantial growth in 2025 as we focus on increasing awareness of chemical vapor deposition (CVD) lab-grown diamonds across Asian markets, tapping into traditional Chinese retail chains and expanding into the B2C segment in India,” shared Greenlab. “By launching targeted educational campaigns and forming strategic partnerships with industry stakeholders, we aim to elevate the understanding and appreciation of lab-grown diamonds in Asia.” Meanwhile, a decline in lab-grown diamond prices could spur further demand as consumers consider lab-grown diamonds “a more affordable alternative to mined diamonds,” remarked Greenlab, adding that continuous improvements in manufacturing techniques, like CVD methods, enhance the quality and reduce the cost of producing lab-grown diamonds. Gemstone exhibitors are displaying an intriguing array of opaque gems at the loose stones section of Jewellery & Gem WORLD Hong Kong, which runs until September 20, 2024 at AsiaWorld-Expo. San Wai Gems & Jewellery Fty Co Ltd, established in 1986, is offering a range of opaque gems, including kyanite, amazonite and beryl beads, among others. Based in Hong Kong, the company operates its own factory equipped with modern facilities and skilled workforce. Meanwhile, gemstone cutter and manufacturer Ming Hing Gem Co Ltd specialises in Sleeping Beauty turquoise from the famed mine in Arizona, US. It also deals extensively in Australian opals. “We have experienced gemstone cutters in our factories in China and Hong Kong,” noted Ming Hing Gem. “Our company also has purchasing offices in the US and Australia.” Madhuvan Gems and Jewels Pvt Ltd, for its part, is showcasing an extensive range of faceted opals as well as moonstone and labradorite stones. Playful opaques All pictures from Greenlab Diamonds Labradorite gems from Madhuvan Gems and Jewels Pvt Ltd Kyanite beads from San Wai Gems & Jewellery Fty Co Ltd Lab-grown diamond expertise from Greenlab Diamonds
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