The global faceting machine market size was valued at USD 876.12 million in 2024 and is expected to reach USD 1226.98 million by 2032, at a CAGR of 4.30% during the forecast period
Principles of the circular economy are increasingly taking place in the gem faceting industry; today, attention is more drawn towards the recycling and upcycling of gemstones; hence, the demand for faceting machines is rising across the globe. Furthermore, the demand for customized gemstones has been facilitated by peoples’ desire for personalized and bespoke jewellery, attracting more customers to this market
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