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Alyce Jewels says lab-grown diamonds are reshaping engagement ring buying in 2026

Aug. 12, 2026
By AI, Created 17:26 UTC, Aug 12, 2026, AGP -

Alyce Jewels is pointing to a 2026 shift in how couples shop for engagement rings, as lab-grown diamonds gain share and buyers weigh carat size against design and budget. The change is giving shoppers more room to compare price, appearance and wearability before they buy.

Why it matters: - Lab-grown diamonds are taking a bigger share of U.S. bridal jewelry sales, changing what couples can afford and how they compare engagement ring options. - The shift is pushing more buyers to consider the full ring, not just center-stone size, when setting a budget.

What happened: - Alyce Jewels highlighted a 2026 market shift in engagement ring buying as couples reassess carat size, ring design and total spend. - Tenoris data cited by the Financial Times showed laboratory-grown diamonds made up 57% of engagement rings sold by unit in the United States from January to May 2026, up from 10% in 2020. - The same data showed laboratory-grown diamonds accounted for 30% of U.S. engagement ring sales by value in the January-to-May 2026 period. - Bhavik Lalit, co-founder at Alyce Jewels, said today's engagement ring buyer is researching more before making a decision and is weighing how a ring looks on the finger, whether the setting suits daily wear and how the purchase fits a planned budget.

The details: - The average retail price of a one-carat round laboratory-grown diamond fell 79% to $768 between January 2020 and May 2026, according to the market data reported by the Financial Times. - Lower prices are expanding the number of ring options buyers can consider, including larger center stones that may have been out of reach under older budgets. - Carat weight still matters, but diamond shape, proportions and setting design can change how large a ring appears when worn. - Round and emerald diamonds present carat weight differently than oval, radiant, cushion, pear and marquise shapes. - Buyers are also comparing setting styles such as solitaire, halo, hidden halo, bezel and side-stone designs. - Alyce Jewels says its laboratory-grown diamond engagement ring collection includes solitaire, halo, hidden halo and bezel styles. - Alyce Jewels says the collection includes round, oval, princess, emerald, cushion, pear and radiant diamond shapes. - White, rose and yellow gold-tone settings remain part of the buying decision. - Online jewelry research is putting more information in front of buyers before purchase, including diamond 4Cs, face-up dimensions, grading information, setting construction and quality of work. - Alyce Jewels says buyers are increasingly setting a total ring budget first, with some shopping by ranges such as under $500, $501 to $1,500 or more.

Between the lines: - The unit-share and value-share gap shows lab-grown diamonds are growing fastest where price sensitivity is highest. - The market shift suggests engagement ring shopping is becoming more personalized, with buyers trading a single focus on carat size for a broader mix of style, durability and affordability. - Alyce Jewels is positioning its assortment around that shift by emphasizing design variety and online comparison shopping.

What's next: - Alyce Jewels expects diamond education and personal design preferences to remain central as couples keep rethinking engagement ring norms. - Buyers are likely to keep comparing lab-grown and traditional diamonds on budget, appearance and setting style before choosing a ring.

The bottom line: - In 2026, engagement ring shopping is moving from a carat-first decision to a more budget-conscious, design-driven one, and lab-grown diamonds are accelerating that change.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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