openPR Logo
Press release

Silk Market : Growth Projections and Key Drivers Reach USD 32.59 Billion by 2030

Silk Market, Silk Market Trend, Silk Market Growth, Silk Market Share,

Silk Market, Silk Market Trend, Silk Market Growth, Silk Market Share,

Anticipated Growth in Revenue:

Silk Market size was valued at US$ 19.51 Bn. in 2023 and the total revenue is expected to grow at 7.6 % through 2024 to 2030, Global Silk market is reaching nearly US$ 32.59 Bn. by 2030.

Silk Market Overview:

The Silk Market, valued at $19.51 billion in 2023, is anticipated to expand at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2030, potentially reaching $32.59 billion by 2030. Silk's versatility, natural sheen, and luxurious texture make it a preferred material across various industries, including textiles, cosmetics, and medical applications. With its rich history and strong demand, particularly in China and India, the silk industry continues to thrive despite challenges like the high cost of raw silk and reliance on Chinese production.

๐ƒ๐ข๐ฏ๐ž ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ: ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž ๐Ÿ๐จ๐ซ ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ: https://www.maximizemarketresearch.com/request-sample/26259/

What are Silk Market Dynamics?

The growth of the Silk Market is primarily driven by the increasing demand for natural and luxurious fibers in the textile industry, along with the rising disposable incomes in emerging markets like China and India. As consumers become more fashion-conscious and environmentally aware, the appeal of silk as a sustainable and premium fabric has surged. Additionally, the expanding applications of silk in the cosmetics and medical sectors further bolster its market demand, contributing to the overall growth of the industry.

Silk Market Trends:

Recent trends in the Silk Market include a growing focus on sustainable and ethical production practices, as consumers and brands alike prioritize eco-friendly materials. The surge in demand for organic silk and silk blends, along with advancements in sericulture techniques, is reshaping the market landscape. Moreover, the integration of silk in high-end fashion and interior design, coupled with technological innovations in silk processing, is driving the market towards new avenues of growth.

๐๐ž๐ž๐ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ? ๐†๐ž๐ญ ๐ข๐ง ๐“๐จ๐ฎ๐œ๐ก ๐š๐ง๐ ๐‹๐ž๐ญ'๐ฌ ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐จ๐ ๐ž๐ญ๐ก๐ž๐ซ: https://www.maximizemarketresearch.com/inquiry-before-buying/26259/

Silk Market Opportunities:

The Silk Market presents significant opportunities for growth, particularly in developing economies where rising disposable incomes and shifting fashion trends are fueling demand. The increasing use of silk in non-traditional applications, such as biomedical textiles and luxury cosmetics, offers new avenues for market expansion. Additionally, the emphasis on sustainable production and the growing popularity of eco-friendly products provide opportunities for brands to differentiate themselves in a competitive market.

What is Silk Market Regional Insight?

Regionally, the Silk Market is dominated by Asia-Pacific, with China and India leading as the top producers and consumers of silk. China remains the largest exporter, while India's strong domestic demand limits its export potential. In Europe, Italy and France are key markets, known for their expertise in silk processing and high-quality silk products. The United States, while not historically a significant silk market, has seen growing demand for silk-based apparel and home textiles, driven by a preference for natural fibers. Germany is another major market, with a strong consumer preference for high-quality silk products, particularly in the textile and interior decor sectors.

๐’๐ญ๐š๐ฒ ๐”๐ฉ๐๐š๐ญ๐ž๐: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐˜๐จ๐ฎ๐ซ ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ข๐ฆ๐ž๐ง๐ญ๐š๐ซ๐ฒ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:๏ปฟ https://www.maximizemarketresearch.com/request-sample/26259/

What is Silk Market Segmentation?

by Product

Mulberry silk
Tussar silk
Eri silk
Others

by Application

Textile
Cosmetics
Medical
Others

by Production Process

Cocoon Production
Reeling, Throwing
Weaving and Dyeing

Some of the current players in the Silk Market are:

1. Wujiang First Textile Co., Ltd.
2. Anhui Silk
3. Shengkun Silk Manufacturing Co., Ltd.
4. Zhejiang Jiaxin Silk Co., Ltd.
5. AM Silk GmbH
6. China Silk Corporation
7. Jinchengjiang Xinxing Cocoon Silk Co., Ltd.
8. Bolt Threads Inc.
9. Kraig Biocraft Laboratories, Inc.
10. Entogenetics Inc
11. Wensli Group Co. Ltd.
12. Sichuan Nanchong Liuhe
13. Wujiang Wanshiyi Silk Co. Ltd.
14. Silk India international Ltd.
15. Global Silk Mills Pvt. Ltd.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ˆ๐ง-๐ƒ๐ž๐ฉ๐ญ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐Ÿ๐ซ๐จ๐ฆ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-silk-market/26259/

Key Offerings:

Past Market Size and Competitive Landscape
Silk Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Silk Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Explore our top-performing reports on the latest trends:

โ™ฆGlobal Inorganic Metal Finishing Market https://www.maximizemarketresearch.com/market-report/global-inorganic-metal-finishing-market/42878/

โ™ฆGlobal Jet Engines Market https://www.maximizemarketresearch.com/market-report/global-jet-engines-market/76380/

โ™ฆGlobal Smartphone Display Market https://www.maximizemarketresearch.com/market-report/global-smartphone-display-market/54391/

โ™ฆGlobal Glutathione Market https://www.maximizemarketresearch.com/market-report/global-glutathione-market/24857/

โ™ฆData Center Cooling Market https://www.maximizemarketresearch.com/market-report/global-data-center-cooling-market/23969/

โ™ฆGlobal Transfection Reagents and Equipment Market https://www.maximizemarketresearch.com/market-report/global-transfection-reagents-and-equipment-market/54156/

โ™ฆGlobal Flushable Wipes Market https://www.maximizemarketresearch.com/market-report/global-flushable-wipes-market/81865/

โ™ฆGlobal Radar Security Market https://www.maximizemarketresearch.com/market-report/global-radar-security-market/117273/

โ™ฆPolyacrylic Acid Market https://www.maximizemarketresearch.com/market-report/global-polyacrylic-acid-market/102791/

โ™ฆEnergy Efficient Motor Market https://www.maximizemarketresearch.com/market-report/energy-efficient-motor-market/2518/

Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
โœ† +1 800 507 4489
โœ† +91 9607365656
๐Ÿ–‚ mailto:sales@maximizemarketresearch.com
๐ŸŒ https://www.maximizemarketresearch.com

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Silk Market : Growth Projections and Key Drivers Reach USD 32.59 Billion by 2030 here

News-ID: 3623990 • Views: โ€ฆ

More Releases from Maximize Market Research Pvt. Ltd.

Automotive Haptic Technology Market Growth Forecast 2025-2032 Overview (USD 6.50 Billion)
Automotive Haptic Technology Market Growth Forecast 2025-2032 Overview (USD 6.50 โ€ฆ
Automotive Haptic Technology Market size was valued at USD 4.30 Billion in 2024 and the total Global Automotive Haptic Technology Market revenue is expected to grow at a CAGR of 5.3% from 2025 to 2032, reaching nearly USD 6.50 Billion, rising demand for advanced infotainment systems. Automotive Haptic Technology Market Overview: The Automotive Haptic Technology Market is witnessing significant growth as automakers increasingly focus on enhancing driver engagement, safety, and comfort. Hapticโ€ฆ
Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR - Clinical Trials Market Forecast Insights
Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR โ€ฆ
According to a new report by Maximize Market Research, the global Clinical Trials Market was valued at USD 54.83 billion in 2024 and is projected to reach USD 88.26 billion by 2032, growing at a CAGR of 6.13%. A major surge in biopharmaceutical R&D and oncology-focused studies is driving the global clinical trials market toward nearly USD 88.26 billion by 2032 at a 6.13% CAGR. โ–บ Get a sample of theโ€ฆ
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5.16% Driven
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5 โ€ฆ
Turbo Trainer Market size was valued at USD 281.52 Mn. in 2024 and the total Turbo Trainer revenue is expected to grow at 5.16% through 2025 to 2032, reaching nearly USD 421.03 Mn. Turbo Trainer Market Overview: The Turbo Trainer Market is witnessing significant growth as fitness enthusiasts increasingly adopt indoor cycling equipment for year-round training. Turbo trainers, which allow users to convert regular bicycles into stationary exercise machines, have become essentialโ€ฆ
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of 7% Driven
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of โ€ฆ
Sodium Acetate Market size was valued at USD 206.17 Million in 2024, and the total revenue is expected to grow at CAGR of 7 % from 2025 to 2032, reaching nearly USD 354.24 Million. Sodium Acetate Market Overview: The Sodium Acetate Market is experiencing steady growth due to its widespread applications across industries such as food and beverage, pharmaceuticals, textiles, and chemical manufacturing. Sodium acetate, a versatile salt of acetic acid, isโ€ฆ

All 5 Releases


More Releases for Silk

Silk Market Size, Trends Analysis 2031 by Key Vendors-Anhui Silk, Wujiang First โ€ฆ
New Jersey (US): Global Silk Market Introduction The global silk market is a dynamic sector known for its high-quality textiles and unique properties. Silk is highly valued in the fashion and textile industries for its softness, durability, and luxurious feel. The market spans a wide range of applications, from clothing and accessories to home textiles. Despite challenges in production, such as climate and labor costs, the demand for silk continues toโ€ฆ
What's driving the Silk Market Growth? Anhui Silk; Zhejiang Jiaxin Silk Co., Ltd โ€ฆ
"Global Silk Market is expected to rise from its initial estimated value of USD 13.54 billion in 2018 to a projected value of USD 24.27 billion by 2026, registering a CAGR of 7.57% in the forecast period of 2019-2026." This global Silk Market research report gives all the crucial information regarding the market which helps to give guidance to a new user to grasp the market intensely. The market forecast willโ€ฆ
Mulberry Silks Market 2019 Analysis By Anhui Silk, Wujiang First Textile, Wujian โ€ฆ
โ€œMulberry Silks Marketโ€ report Offers a detailed Outlook and future prospects of the Industry. The Mulberry Silks Market report includes various topics like market size & share, Product types, applications, key market drivers & restraints, challenges, growth opportunities, key players, competitive landscape gives an in-depth analysis of market Share, Future Growth, and Opportunities. The Research Report gives an Industry Overview, Manufacturing Structure, Technical Data Analysis, Regional Analysis, and Segment Analysisโ€ฆ
Global Silk Market Report 2019 Companies included Anhui Silk, Wujiang First Text โ€ฆ
We have recently published 7th edition of market research report on Silk. For inquiry email us at: sales@marketreportscompany.com Report includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast till 2026 in terms of volume, revenue, YOY growth rate, and CAGR. The report also provides detailed segmentation on the basis of product type, applications and regional segmentation. The regional segment isโ€ฆ
Silk Market Report 2018: Segmentation by Type (Mulberry Silk, Tussar Silk, Eri S โ€ฆ
Global Silk market research report provides company profile for Anhui silk Co. Ltd. (China), Kraig Biocraft Laboratories, Inc. (U.S.), Wujiang First Textile Co.,Ltd. (China), Wujiang Wanshiyi silk Co., Ltd. (China), Zhejiang Jiaxin silk Corp., Ltd. (China) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOYโ€ฆ
Silk Market by Type (Mulberry Silk, Tussar Silk, and Eri silk) and by Applicatio โ€ฆ
Silk is a natural protein fiber mainly composed of fibroin and is produced by certain insect larvae to form cocoons. The method of production of silk by cultivating the silkworms is known as sericulture. Silk is mainly produced by the larvae of insects undergoing complete metamorphosis, but some insects such as web spinners and raspy crickets produce silk throughout their lives. The shimmering appearance of silk is due to theโ€ฆ