Silk Market Size - By Type, By Production Process, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Silk Market Overview:
According to SPER Market Research, the Global Silk Market is estimated to reach USD 37.96 billion by 2032 with a CAGR of 8.42%. Silk is one of the opulent, dazzling materials that is quickly gaining popularity around the world. Aside from having a sparkling appearance and a velvety feel, silk fiber also has strength, durability, and lightness.Silk is occasionally used in a variety of home furnishings, including wall hangings, pillows, upholstery, and draperies, as well as a variety of clothing items, including dresses, wedding gowns, neckties, and scarves.
Impact of COVID-19 on the Global Silk Market
Due to fluctuating silk raw material prices, a drop in cocoon production, and a lack of qualified people, the COVID-19 pandemic had a negative impact on the silk industry. These factors have reduced working capital significantly, damaged the demand for silk, and created cash flow problems. The cancellation of import-export orders as a result of restrictions placed by various countries has had a significant influence on the silk market.
Scope of the Report:
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Type, By Production Process, By End User
Regions covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Companies Covered AMSilk GmbH, Anhui Silk Co. Ltd., Bolt Threads, China Silk Group Co.Ltd, EntoGenetics inc., Libas Textiles Ltd., Sichuan Nanchong Liuhe (Group) Corp.
Global Silk Market Segmentation:
By Production Process:Based on the Production Process, Global Silk Market is segmented as; Cocoon Production, Reeling, Throwing, Weaving and Dyeing.
By Region:Asia-Pacific currently controls the majority of the market in terms of revenue and market share, and this trend is expected to continue. The strong demand for silk products and raw materials from China and India within the region is credited with driving market expansion in this area.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER’s internal database
- 2.1.4 Premium insight from KOL’s
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Global Silk Market
- 5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER’S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
- 6. Global Silk Market, ByType, 2019-2032 (USD Million)
- 6.1 Mulberry Silk
- 6.2 Tussar Silk
- 6.3 Eri Silk
- 6.4 Spider Silk
- 7. Global Silk Market, By Production Process, 2019-2032 (USD Million)
- 7.1 Cocoon Production
- 7.2 Reeling
- 7.3 Throwing
- 7.4 Weaving and
- 7.5 Dyeing
- 8. Global Silk Market, By End User, 2019-2032 (USD Million)
- 8.1 Textile
- 8.2 Cosmetics and Medical
- 9. Global Silk Market, By Region, 2019-2032 (USD Million)
- 9.1 North America
- 9.1.1 United States
- 9.1.2 Canada
- 9.1.3 Mexico
- 9.2 Europe
- 9.2.1 Germany
- 9.2.2 United Kingdom
- 9.2.3 France
- 9.2.4 Italy
- 9.2.5 Spain
- 9.2.6 Rest of Europe
- 9.3 Asia-Pacific
- 9.3.1 China
- 9.3.2 Japan
- 9.3.3 India
- 9.3.4 Australia
- 9.3.5 South Korea
- 9.3.6 Rest of Asia-Pacific
- 9.4 South America
- 9.4.1 Brazil
- 9.4.2 Argentina
- 9.4.3 Rest of South America
- 9.5 Middle East & Africa
- 9.5.1 Kingdom of Saudi Arabia
- 9.5.2 United Arab Emirates
- 9.5.3 Rest of Middle East & Africa
- 10. Company Profiles
- 10.1 AMSilk GmbH
- 10.1.1 Company details
- 10.1.2 Financial outlook
- 10.1.3 Product summary
- 10.1.4 Recent developments
- 10.2 Anhui Silk Co. Ltd.
- 10.2.1 Company details
- 10.2.2 Financial outlook
- 10.2.3 Product summary
- 10.2.4 Recent developments
- 10.3 Bolt Threads
- 10.3.1 Company details
- 10.3.2 Financial outlook
- 10.3.3 Product summary
- 10.3.4 Recent developments
- 10.4 China Silk Group Co. Ltd
- 10.4.1 Company details
- 10.4.2 Financial outlook
- 10.4.3 Product summary
- 10.4.4 Recent developments
- 10.5 EntoGenetics inc.
- 10.5.1 Company details
- 10.5.2 Financial outlook
- 10.5.3 Product summary
- 10.5.4 Recent developments
- 10.6 Libas Textiles Ltd.
- 10.6.1 Company details
- 10.6.2 Financial outlook
- 10.6.3 Product summary
- 10.6.4 Recent developments
- 10.7 Sichuan Nanchong Liuhe (Group) Corp.
- 10.7.1 Company details
- 10.7.2 Financial outlook
- 10.7.3 Product summary
- 10.7.4 Recent developments
- 10.8 Spiber Technologies
- 10.8.1 Company details
- 10.8.2 Financial outlook
- 10.8.3 Product summary
- 10.8.4 Recent developments
- 10.9 Xuzhou Shengkun Silk Manufacturing Co., Ltd
- 10.9.1 Company details
- 10.9.2 Financial outlook
- 10.9.3 Product summary
- 10.9.4 Recent developments
- 10.10 Zhejiang Jiaxin Silk Co., Ltd
- 10.10.1 Company details
- 10.10.2 Financial outlook
- 10.10.3 Product summary
- 10.10.4 Recent developments
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