Global Mulberry Silk Market to Reach USD 10.59 Billion by 2030

According to the report published by Virtue Market Research The Global Mulberry Silk Market was valued at USD 6.56 billion in 2024 and is projected to reach USD 10.59 billion by 2030, growing at a CAGR of 8.3% during the forecast period (2025-2030).

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The market growth is driven by the increasing demand for premium textiles, rising applications of silk in cosmetics and medicine, and growing consumer preference for sustainable and natural fabrics.
Silk's unique characteristics-its natural sheen, softness, and breathability-make it highly desirable in the luxury apparel and home décor industries. Additionally, innovations in silk processing and eco-friendly sericulture are expanding the material's uses in the personal care and medical sectors.
The COVID-19 pandemic initially disrupted silk production and trade due to lockdowns and supply chain restrictions. However, post-pandemic recovery in textile exports and the resurgence of luxury fashion brands have accelerated market growth. Furthermore, the shift toward sustainable fabrics in fashion has reinforced silk's position as a natural and eco-conscious alternative to synthetic fibers.

A short-term driver influencing the market is the resurgence of the luxury fashion sector and the growing popularity of traditional silk garments in Asia, particularly in India and China. The festive and wedding seasons have significantly boosted demand for silk-based apparel such as sarees, kimonos, and scarves.

A major opportunity for the market lies in the rising use of silk-based biomaterials in the medical and cosmetics industries. Silk fibroin, a natural protein found in silk, is gaining attention for its applications in tissue engineering, wound healing, and skincare products due to its biocompatibility and moisture-retaining properties. As consumer awareness of silk's therapeutic benefits grows, manufacturers are investing in R&D to expand these applications further.

A key trend shaping the market is the adoption of eco-friendly and organic sericulture practices. Producers are shifting toward chemical-free dyeing, biodegradable packaging, and sustainable silk farming to meet the increasing demand for environmentally responsible products. Additionally, digital innovation in weaving, dyeing, and fabric finishing is improving production efficiency and product quality.

Market Segmentation:
By Application: Textile, Cosmetics, Medical, Others
Based on application, the Textile segment is the largest and fastest-growing sector in the mulberry silk market. Silk remains a cornerstone of the global textile industry due to its luster, strength, and natural comfort. It is widely used in garments such as sarees, dresses, shirts, ties, and lingerie, as well as in home décor products like draperies, upholstery, and wall hangings. The increasing adoption of silk apparel in both luxury and traditional segments, especially in countries like India and China, is fueling its growth.

The Cosmetics and Medical segments, while smaller, are emerging as promising markets. Silk fibroin-a natural protein derived from silk-is increasingly used in lotions, shampoos, and skincare formulations due to its film-forming and moisture-retaining properties. In medicine, silk-based biomaterials are used for sutures and tissue engineering due to their biocompatibility and biodegradability.

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Regional Analysis:
North America: Expected to witness significant growth owing to the expansion of the textile industry and rising consumer demand for eco-friendly luxury fabrics.
Europe: Holds a strong position with Italy, France, and Germany leading silk processing, finishing, and luxury fashion applications. Italy remains a major importer and exporter of processed silk products, while France's Lyon region continues its historical dominance in silk craftsmanship. Germany's preference for natural fibers further boosts silk imports for apparel and home décor.

Asia-Pacific: Dominates the global market and is expected to grow at the fastest rate. China and India account for the majority of silk production globally, supported by favorable climatic conditions, a large labor force, and traditional expertise in sericulture. China's strong export base and India's domestic silk consumption significantly contribute to the region's market growth.
Rest of the World: Regions such as Latin America and Africa are gradually entering the market with small-scale silk production initiatives.

Latest Industry Developments:
• Eco-friendly sericulture initiatives: Manufacturers are investing in sustainable farming and organic dyeing methods to cater to eco-conscious consumers and reduce environmental impact.

• Expansion into beauty and biomedical applications: Companies are developing silk-derived skincare and biomedical materials such as sutures, hydrogels, and wound dressings to diversify revenue streams.

• Digital textile transformation: Adoption of digital weaving and smart supply chain management is optimizing silk production efficiency and enhancing product traceability.

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This release was published on openPR.