Silk Market Expected to Hit $16.94 Billion Led by Asia Pacific Region | Trends, Analysis, Outlook by 2021

The global silk market is projected to reach $16.94billion by 2021, at a CAGR of 7.8% from 2016to 2021.

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Technological advancements in sericulture and improved quality of silk are the major drivers for the silk market. Innovations to increase the yield and quality of silk are expected to significantly drive the silk market.
The supply chain of the silk market includes players such as Anhui Silk Co. Ltd. (China), Kraig Biocraft Laboratories, Inc. (U.S.), Wujiang First Textile Co., Ltd. (China), Wujiang Wanshiyi Silk Co., Ltd. (China), and Zhejiang Jiaxin Silk Corp., Ltd. (China), which are the major producers of raw silk. Furthermore, products manufactured by these companies are used by the textile industry to manufacture various goods.

Target Audience:
1. Silk Manufacturers
2. Silk Traders, Distributors, and Suppliers
3. End-Use Market Participants of Different Segments Of Silk
4. Government and Research Organizations
5. Associations and Industrial Bodies
6. Research and Consulting Firms
7. R&D Institutions
8. Environment Support Agencies
9. Investment Banks and Private Equity Firms

The Asia-Pacific region is the largest market for silk globally. There is tremendous scope for growth for the silk market in the Asia-Pacific region due to high growth of the textile industry, majorly of China and India. China is the key consumer of silk in the Asia-Pacific region as well as globally. Furthermore, increasing export of textile goods within the Asia-Pacific region is a major factor driving the silk market in the region.

Browse complete report on Silk Market by Type (Mulberry Silk, Tussar Silk, and Eri Silk), Application (Textile, and Cosmetics & Medical), and Region (Asia-Pacific, North America, Europe, Middle East & Africa, and South America) - Global Forecast to 2021 with 110 pages, vide range of 88 tables and technical views with 29 figures , Now available at
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This study has been validated through primary interviews conducted with various industry experts globally. These primary sources have been divided into three categories, namely, company, designation, and region.
• By Company Type- Tier 1-60%, Tier 2-30% and Tier 3- 10%
• By Designation- C Level- 40%, Director Level- 30%, Others- 30%
• By Region- North America- 10%, Asia-Pacific- 50%, Western Europe- 20%, and Middle East & Africa- 20%
Scope of the Report:
This research report categorizes the global market for silk based on type, application, and region, and forecasts revenue growth and provides an analysis of trends in each of the submarkets.
On the Basis of Type:
1. Mulberry Silk
2. Tussar Silk
3. Eri Silk
On the Basis of Application:
1. Textile
2. Cosmetics & Medical
On the Basis of Region:
1. Asia-Pacific
2. North America
3. Europe
4. South America
5. Middle East & Africa
Silk is majorly used in the textile industry. The demand for silk is growing in the textile industry and the trend is expected to continue in the future. Silk fabrics are used for arts and decorations as well as for clothing. Silk is used in the textile industry as it is lustrous, luxurious, lightweight, resilient, and strong. It is used in the textile industry to make different products such as wedding dresses, gowns, blouses, scarves, neckties as well as in pillows, wall hangings, draperies, upholstery .Key drivers for growth of the textile segment are the increasing disposable income of consumers, changing consumer lifestyle, changing customer preference in high consuming countries of textile such as China, India, and the U.S.

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Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition

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