North America Silk Market Share, Industry Analysis & Forecast Report 2024-2029.

According to the latest research report published by Market Data Forecast, the north america silk market size was worth US$ 2.84 billion in 2023 and is anticipated to reach a valuation of US$ 4.03 billion by 2029 from USD 3.01 billion in 2024, growing at a CAGR of 6% during the forecast period.

North America silk represents the exquisite natural fiber crafted by silkworms, primarily prevalent in regions like China and India but cultivated in limited quantities across the continent. Extracted from silkworm through sericulture, this prized material boasts a luxurious feel, strength, and subtle sheen. Used extensively in clothing, accessories, and fine textiles globally, North America appreciates silk for its rarity and exceptional quality, though its production remains more specialized compared to major silk-producing regions.

North America Silk Market Report Scope:

• Market Size (2029): US$ 4.03 Billion
• Market Size (2023): US$ 2.84 Billion
• CAGR (2024 to 2029): 6%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Type, Application, and Geography.
• Key Market Players Profiled: Silk Road Collection, Mulberry Park Silks, Dharma Trading Co., Silk Baron, Harts Fabric, Thai Silks, Fine Silks, Valley Forge Fabrics, Thai Silk Magic, Mood Fabrics, and Others.

Market Drivers:

The North America silk market is driven by the growing demand in the textile industry. It is one of the main uses in the area. It is favoured for expensive clothing and bedding because of its luxurious texture, natural shine and ventilation. And especially Mulberry silk is the most popular variety in the regional industry due to its effectiveness and versatility.
Moreover, its application in the cosmetic and medical industry is boosted by its harmlessness, biological compatibility and biodegradability. Silk products are also used in skincare, cosmetics, medication delivery and wound healing. Hence, it is supporting the expansion of the North American silk market.
In addition, Mulberry silk is currently a common choice in North America for its smooth feel, high quality and glossy appearance. The regional market is expanding because of its adaptability, manufacturing efficiency and use in fashionable clothing and furniture.
The North America silk market growth is further influenced by technological developments in production procedures and incorporation. Thus, these innovations have the potential to propel the silk product manufacturing sustainability, effectiveness and quality.

Market Restraints:

The North America silk market expansion is restricted by the intensive competition from synthetic fabric. The industry is threatened by nylon and polyester which are more affordable than pure silk. Particularly the price-sensitive customers choose synthetic material. This is decreasing the market share of traditional products.
Apart from this, the lengthy and labour-intensive process of producing silk is also affecting its regular supply chain. This factor is hindering the accessibility and costs of silk products in the industry. Another problem is maintaining the quality and premiumness of silk and saving costs at the same time. So, innovations in the production stage, transportation and strategic placement are required to solve these economic issues and further improve its availability.
Also, there is a change in customer behaviour towards more environment-friendly and sustainable products. This is affecting the industry demand. The silk market needs to focus on promoting moral values and ecologically friendly production techniques to meet these shifting trends.
The rising criticism about the harmful effects on the surrounding and individual health of lubricating oils utilized in the silk industry is limiting the market expansion. As a result, because of its detrimental effects on the environment regional governments and authorities are prohibiting the use of synthetic lubricants which is ultimately hurting the North America silk market.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/north-america-silk-market

Key Insights from The Report:

• Based on type, the mulberry silk segment led the market and accounted for the largest share of the global market in 2023.
• Based on application, the textile segment occupied the majority of the global market share in 2023.
• The North America Silk Market region is estimated to grow at the fastest CAGR during the forecast period.

SEGMENTATION INCLUDED IN THIS REPORT:

By Type:
• Mulberry silk
• Tussar silk
• Eri silk

By Application:
• Textile
• Cosmetics
• Medical

By Country Analysis:
• United States
• Canada
• Mexico
• Others

Browse Regional Reports:

Global Silk Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Type (Mulberry Silk, Tassar Silk, Eri Silk and Muga Silk), Application (Textile, Cosmetics and Medical) and Region (North America, Europe, Asia Pacific, Latin America, Middle east and Africa) - Industry Analysis (2024 to 2029) - https://www.marketdataforecast.com/market-reports/silk-market

Asia Pacific Silk Market Research Report - Segmentation By end-user (Textile, Cosmetics & Medical), By Type (Mulberry Silk, Eri Silk, Tussar Silk), By country analysis (China, Japan, India, South Korea), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) - Industry Forecast 2024 to 2029. - https://www.marketdataforecast.com/market-reports/asia-pacific-silk-market

Europe Silk Market Research Report - Segmented By Type, Application and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-silk-market

Middle East and Africa Silk Market Research Report -Segmentation by type (Tussar Silk, Eri Silk, Mulberry Silk), by application (Textile, Cosmetics, Medical), and Country - Forecast to 2029 - https://www.marketdataforecast.com/market-reports/middle-east-and-africa-silk-market

TABLE OF CONTENTS:

Chapter 1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods

Chapter 2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline

Chapter3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees

Chapter 4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends

Chapter 5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations

Chapter 6. Market Segmentation
6.1 North America Silk Market, By Type
6.1.1 Mulberry silk
6.1.2 Tussar silk
6.1.3 Eri silk
6.1.4 Market Size Estimations & Forecasts (2024 to 2029)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 North America Silk Market, By Application
6.2.1 Textile
6.2.2 Cosmetics
6.2.3 Medical
6.2.4 Market Size Estimations & Forecasts (2024 to 2029)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index

Chapter 7. Geographical Landscape
7.1 North America Silk Market, by Region
7.2 North America - Market Analysis (2024 to 2029)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Application

Chapter 8. Key Player Analysis
8.1 Silk Road Collection
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Mulberry Park Silks
8.3 Dharma Trading Co.
8.4 Silk Baron
8.5 Harts Fabric
8.6 Thai Silks
8.7 Fine Silks
8.8 Valley Forge Fabrics
8.9 Thai Silk Magic
8.10 Mood Fabrics

Chapter 9. Market Outlook & Investment Opportunities

Chapter 10. Appendix
List of Tables
List of Figures

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