Silk Market Outlook 2018 | Forecasting Industry Size, Share, and Consummate View On Players Like Shengkun North America, Inc., AMSilk GmbH, wujiang linghao textile co.,ltd, Anhui Taipingyang Special Fabric Co.,Ltd, Zhejiang Jiaxin Silk Corp.,Ltd

The key players of the Silk market are making moves like product launches, joint ventures, developments, merges and accusations which is affecting the Silk market and Silk Industry as a whole and also affecting the sales, import, export, revenue and CAGR values. The global Silk market report also contains the drivers and restrains for the Silk market that are derived from SOWT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.


The Global Silk Market accounted for USD 11.66 billion in 2016 and is projected to grow at a CAGR of 7.4% during the forecast period.


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Forecasting Analysis On Global Silk Market By Type (Mulberry, Tussar, Spider, Eri) Application (Textile, Cosmetics & Medicine) and Geography.Some of the major players operating in silk market are

· Wujiang First Textile Co., Ltd.,

· Anhui Silk,

· Shengkun Silk Manufacturing Co., Ltd.,

· Zhejiang Jiaxin Silk Co., Ltd.,

· AM Silk GmbH,

· China Silk Corporation,

· Jinchengjiang Xinxing Cocoon Silk Co., Ltd.,

· Bolt Threads Inc.,

Others: Kraig Biocraft Laboratories, Inc., Entogenetics Inc., Wensli Group Co. Ltd., Sichuan Nanchong Liuhe (Group) Corp. among others. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market. The global silk market is consolidated due to the presence of limited number of players concentrated in few countries.

Silk is composed of both natural as well animal fiber. It comes from the fibroin which is created from proteins release in the liquid state as a single filament through silkworm. It is characterized by natural sheen, light weight, high absorbent quality, and poor heat conduction. Silk can be used in textile, cosmetics and medicine. Growing demand for eco-friendly textile materials is one of the major drivers of this market.

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Major Market Drivers:
• Rising demand from Indian textile industry
• More of technological innovation in sericulture
• Low capital investment required

Restraints:
• Dependency for raw material on China


Market Segmentation: Global Silk Market
· On the basis of type, global silk market is segmented into

1. Mulberry

2. Tussar

3. Spider

4. Eri

· On the basis of application, global silk market is segmented into

1. Textile

2. Cosmetics & medicine

· On the basis of geography, global silk market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa.

· Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.



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