Thailand Diamond Market (2025-2031) Outlook | Growth, Analysis, Revenue, Trends, Industry, Companies, Forecast, Size, Share & Value

Name: Thailand Diamond Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Diamond Market, Thailand Diamond Market, Thailand Diamond Market Revenues, Thailand Diamond Market Share, Thailand Diamond Market Size, Thailand Diamond Market Outlook, Thailand Diamond Market Report, Thailand Diamond Market Competition, Thailand Diamond Market Overview, Thailand Diamond Market Trends, Thailand Diamond Market Forecast

Market Forecast By Product (Natural, Synthetic), By Application (Jewelry, Industrial) And Competitive Landscape

Product Code: ETC354385	Publication Date: Aug 2022	Updated Date: Apr 2025	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Thailand Diamond Market Size Growth Rate

The Thailand Diamond Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 1.88% in 2025, the growth rate steadily ascends to 8.21% in 2029.

Thailand Diamond Market Growth Rate

Diamond Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand's Diamond market is anticipated to experience a stable growth rate of 3.11% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

Diamond Market: Thailand vs Top 5 Major Economies in 2027 (Asia)

Thailand Diamond Market Synopsis

The Thailand diamond market reflects the country`s historical significance as a hub for the diamond trade, particularly for processing and trading rough diamonds. Thailand skilled workforce and advanced diamond cutting and polishing techniques have made it a global player in the industry. While it doesn`t have significant diamond mining activities, Thailand role in the global supply chain remains substantial. The market encompasses both the wholesale and retail segments, catering to domestic and international buyers. The appeal of Thai craftsmanship and competitive pricing continues to attract diamond enthusiasts and businesses worldwide.

Drivers of the Market

Thailand diamond market thrives due to several factors. Firstly, the country`s reputation as a major global hub for diamond cutting and trading contributes significantly to its market growth. Additionally, rising disposable incomes and a growing middle class in Thailand have increased consumer demand for diamond jewelry. The allure of diamonds as a symbol of prestige and love remains a powerful driver in this market. Furthermore, innovative marketing strategies and a diverse range of diamond products continue to attract consumers, bolstering the industry`s expansion.

Challenges of the Market

The diamond market in Thailand faces challenges related to authenticity and ethical sourcing. The market needs to address concerns about the presence of synthetic diamonds and the certification of natural diamonds. Additionally, maintaining ethical practices in diamond mining and trading is crucial to prevent negative publicity. The fluctuating global diamond prices and economic conditions can also affect the market`s stability, requiring adaptability and risk management.

COVID-19 Impact on the Market

The Thailand diamond market, which relies on both domestic and international sales, was severely impacted by the COVID-19 pandemic. With travel restrictions and economic uncertainty, demand for luxury goods, including diamonds, declined significantly. Jewelry stores faced reduced foot traffic, and diamond trading activities slowed down. However, the market gradually recovered as consumer confidence improved, particularly in the high-end segment.

Key Players in the Market

In the Thailand diamond market, a few prominent players have been associated with the diamond trade. While Thailand is known for its expertise in diamond cutting and polishing rather than diamond mining, companies like Thai Star Diamond Co., Ltd., and Tidavadee Co., Ltd., have played significant roles in the diamond industry by offering high-quality, precision-cut diamonds and related services. Their craftsmanship and commitment to excellence have made them leaders in the Thai diamond sector.

Key Highlights of the Report:

Thailand Diamond Market Outlook
Market Size of Thailand Diamond Market, 2024
Forecast of Thailand Diamond Market, 2031
Historical Data and Forecast of Thailand Diamond Revenues & Volume for the Period 2021-2031
Thailand Diamond Market Trend Evolution
Thailand Diamond Market Drivers and Challenges
Thailand Diamond Price Trends
Thailand Diamond Porter's Five Forces
Thailand Diamond Industry Life Cycle
Historical Data and Forecast of Thailand Diamond Market Revenues & Volume By Product for the Period 2021-2031
Historical Data and Forecast of Thailand Diamond Market Revenues & Volume By Natural for the Period 2021-2031
Historical Data and Forecast of Thailand Diamond Market Revenues & Volume By Synthetic for the Period 2021-2031
Historical Data and Forecast of Thailand Diamond Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Thailand Diamond Market Revenues & Volume By Jewelry for the Period 2021-2031
Historical Data and Forecast of Thailand Diamond Market Revenues & Volume By Industrial for the Period 2021-2031
Thailand Diamond Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By Application
Thailand Diamond Top Companies Market Share
Thailand Diamond Competitive Benchmarking By Technical and Operational Parameters
Thailand Diamond Company Profiles
Thailand Diamond Key Strategic Recommendations