gems and jewellery market overview 2 competitive advantage 15 government regulations support 20 key domestic & foreign players 21 future outlook 27 contact for information 28 a report by kpmg ibef the sector can be categorised into following sub sectors based on characteristics processing techniques preciousness in terms of price range marketability gemstones diamonds coloured stones precious semi synthetic plain gold studded silver costume pearls global today is pegged at us 85 billion with markets having registered an average compounded annual growth rate cagr 5 10 per cent last decade estimated 3300 tonnes south africa world s largest producer followed australia together these countries account 45 total production india consumer usa americas have near monopoly mexico peru united states are top three producing platinum extremely rare metal more than 90
