Global Silk Market Research Report 2023(Status and Outlook)

Global Silk Market Research Report 2023(Status and Outlook)

Report Overview

Chemically speaking, silk is made of proteins secreted in the fluid state by a caterpillar, popularly known as 'silkworm'. These silkworms feed on the selected food plants and spin cocoons as a 'protective shell' to perpetuate the life. Silkworm has four stages in its life cycle viz., egg, caterpillar, pupa and moth. Man interferes this life cycle at the cocoon stage to obtain the silk, a continuous filament of commercial importance, used in weaving of the dream fabric.

Silk is a continuous filament within each cocoon, having a usable length of about 600 to 900 metres (2,000 to 3,000 feet). It is freed by softening the binding sericin and then locating the filament end and unwinding, or reeling, the filaments from several cocoons at the same time, sometimes with a slight twist, forming a single strand. Several silk strands, each too thin for most uses, are twisted together to make thicker, stronger yarn in the process called throwing, producing various yarns differing according to the amount and direction of the twist imparted.

In the report, all of the silk data are based on the raw silk and spun silk(Spun silk is made from short lengths obtained from damaged cocoons or broken off during processing, twisted together to make yarn.) .

Global key players of Silk include Xin Yuan, US SKCA GROUP, Guangxi Guihe Group, NAN SI LU GROUP, China Silk Road, Karnataka Silk Industries Corporation, Jiangsu Jiujiu and Jiangsu Soho International Group, etc. Top five players occupy for a share about 5%. Asia-Pacific is the largest market, with a share about 99%, among it, China has the largest market share about 53%, followed by India, with a share about 46%. In terms of product, Mulberry Silk is the largest segment, with a share over 73%. In terms of application, Clothing and Accessories is the largest market, with a share over 58%.

The Global Silk Market Size was estimated at USD 3824.30 million in 2022 and is projected to reach USD 3932.67 million by 2029, exhibiting a CAGR of 0.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Silk market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Silk Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Silk market in any manner.

Global Silk Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Xin Yuan

US SKCA GROUP

Guangxi Guihe Group

NAN SI LU GROUP

China Silk Road

Karnataka Silk Industries Corporation

Jiangsu Jiujiu

Jiangsu Soho International Group

Sichuan Xinsilu Cocoon & Silk

Shanxi Ankang Baoye

Anhui Jingjiusi

Guangxi Jialian Silk

Guangxi Guihua Silk

Century Antai

Sichuan Nanchong Liuhe

Sam Global Silk

Tianhong Sichou

Mulberry Silks Limited

Market Segmentation (by Type)

Mulberry Silk

Tussar Silk

Eri Silk

Muga Silk

Other

Market Segmentation (by Application)

Drink To Go

Takeaway

Restaurant Service

Coffeehouse Service

Personal Use

Supermarkets Service

Convenience Stores Service

Vending Machines Service

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Silk Market

Overview of the regional outlook of the Silk Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors