Collection Pan Arab Luxury Magazine
Related Articles
In a dazzling move set to redefine luxury, Joyaux has introduced its latest collection of gold jewelry adorned with lab-grown diamonds to the Egyptian market.
This launch positions Joyaux as the pioneer of lab-grown diamond jewelry in Egypt, offering distinguished pieces that rival the grandeur of global giants brands. Joyaux new collection, features an exquisite range of gold jewelry available in white, yellow, and rose gold, each piece meticulously set with lab-grown diamonds. These diamonds are not only comparable to their naturally mined counterparts but often surpass them in quality and brilliance. This innovative approach highlights the brand’s commitment to offering high-quality, sustainable, and eco-friendly luxury.
Lab-grown diamonds have rapidly gained prominence across fashion, jewelry, and industrial sectors due to their economic and environmental benefits. A report by Allied Market Research highlighted the global market value of lab-grown diamonds reaching $24 billion in 2022, with projections to soar to $59.2 billion by 2032, reflecting a robust compound annual growth rate of 9.6%. The Chemical Vapor Deposition (CVD) method, responsible for over half of the market revenue, produces some of the purest diamonds available, while the High Pressure High Temperature (HPHT) method is anticipated to witness the highest growth rate, producing diamonds with impeccable carbon purity.
Jessica Gaied, the visionary Founder and Deputy CEO of Joyaux, emphasized the brand’s dedication to quality and distinction. “Our gold jewelry, set with lab-grown diamonds, comes with international certifications from the International Gemological Institute (IGI). These certifications ensure that our products match traditional diamonds in weight, color, cut, and clarity, providing Egyptian consumers with the elegance and quality they desire,” she stated.
Gaied further highlighted the economic advantage of lab-grown diamonds, noting that their jewelry offers a luxurious yet affordable alternative to mined diamonds. Priced about 60% lower, these diamonds make the dream of owning beautiful, high-quality diamond jewelry attainable for a broader audience, including soon-to-be-wed couples.
The success of lab-grown diamonds in the global market, characterized by increasing sales and growing consumer acceptance, has paved the way for their introduction into the Egyptian market. Joyaux’s innovative offerings are set to be strong competitors, not only enhancing local luxury options but also positioning Egypt as a notable player in the global precious stone industry.
With this groundbreaking introduction, Joyaux reaffirms its commitment to merging tradition with innovation, ensuring that Egyptian consumers have access to the finest and most sustainable luxury jewelry. As lab-grown diamonds continue to glitter on the global stage, Joyaux stands at the forefront, blending elegance, sustainability, and accessibility in every sparkling piece.
