Global Silk Market Growth 2023-2029

Global Silk Market Growth 2023-2029

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.) .
LPI (LP Information)' newest research report, the “Silk Industry Forecast” looks at past sales and reviews total world Silk sales in 2022, providing a comprehensive analysis by region and market sector of projected Silk sales for 2023 through 2029. With Silk sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Silk industry.
This Insight Report provides a comprehensive analysis of the global Silk landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Silk portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Silk market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Silk and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Silk.
The global Silk market size is projected to grow from US$ 3661.4 million in 2022 to US$ 4227.4 million in 2029; it is expected to grow at a CAGR of 4227.4 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Silk market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Mulberry Silk
Tussar Silk
Eri Silk
Muga Silk
Other
Segmentation by application
Clothing and Accessories
Home Textiles
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Silk market?
What factors are driving Silk market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Silk market opportunities vary by end market size?
How does Silk break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.