Europe Silk Market Size study, by Type (Mulberry Silk, Tussar Silk, Eri Silk, Others), by End User (Textile, Cosmetics and Medical) and Country Forecasts 2022-2032

Europe Silk Market Size study, by Type (Mulberry Silk, Tussar Silk, Eri Silk, Others), by End User (Textile, Cosmetics and Medical) and Country Forecasts 2022-2032

Europe Silk Market is valued at approximately USD 2.55 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 7.31% over the forecast period 2024-2032. Silk is a natural protein fibre that is used in a variety of apparel items, including gowns, wedding dresses, sarees, neckties, and scarves, as well as home furnishings such as wall hangings, cushions, upholstery, and draperies. Furthermore, because silk has lower conductivity than other fabrics, it is ideal for ties, shirts, high-end fashion clothing, formal suits, robes, kimonos, and sundresses. The Europe Silk Market covers the production, trade, and distribution of silk fibres, fabrics, and items, which are influenced by the demands of the fashion, textile, and industrial sectors. Sustainable fashion patterns are increasingly trending in the European Silk Market. There is a growing demand from consumers for silk products that are sourced ethically and environmentally friendly. This trend is developing a growing desire for organic silk and encouraging companies to adopt sustainable practices throughout the entire supply chain.

Europe Silk Market is driven by several factors, including increasing consumer desire for top-quality, luxurious fabrics in fashion and home decoration, leading to higher demand for silk items. The rising interest in sustainable and ethical silk production, such as peace silk, also fits with Europe's emphasis on sustainability and eco-conscious consumption. Moreover, advancements in technology for producing silk act as a driver, improving both productivity and quality, leading to the creation of new silk materials. These advancements enhance the manufacturing process and broaden the uses of silk across different industries. . However, Limited domestic sericulture capabilities in the Europe Silk Market lead to dependence on imports for raw silk. This dependence can hinder market growth.

The key countries considered for the Europe Silk market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Italy is dominating the Europe Silk Market. It is renowned for its high-quality silk products and has a long-standing tradition in silk weaving and textile production. Italy is famous for its luxury silk fabrics and fashion items, in demand for domestic and international. Italy has advancements in silk production technologies and techniques which enhance the efficiency, and quality of innovative silk products. The market in France, on the other hand, is expected to develop at the fastest rate over the forecast period.

Major market player included in this report are:

Bolt Threads Inc.

AM Silk GmbH

First Textile Co.

Kraig Biocraft Laboratories Inc

RADICAL CHIC (OPEN FABRICS COMPANY, LLC)

Company 6

Company 7

Company 8

Company 9

Company 10

The detailed segments and sub-segment of the market are explained below:

By Type

Mulberry Silk

Tussar Silk

Eri Silk

Others

By End User

Textile

Cosmetics and Medical

 

By Region:

Europe

UK

Germany

France

Spain

Italy

ROE

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.

Annualized revenues and Country level analysis for each market segment.

Detailed analysis of geographical landscape with Country level analysis.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand side and supply side analysis of the market.

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