Silk market is a natural fibre that is obtained from cocoon of silk worms. Thus, the process of growing silk worms to obtain and produce silk is called sericulture. In the past, silk was used to make parachutes but now it is used to make clothes. The protein fibre of silk is composed of fibroin. The best silk is obtained from cocoons of the larvae of a mulberry silkworm Bombyx mori. Real silk is very expensive as it takes around 10,000 cocoons to obtain that quality of silk. Silk can also be employed in unexpected ways such as bicycle tires, medicine and so on. Summer is the best weather to wear silk because of its absorbent nature and has low conductive properties. Silk offers comfort, is extremely soft and adds elegance. Textile has emerged to be the quickest and the largest application of silk. The mulberry silk has dominated the market and will continue to flourish on the basis of worth and volume.
The silk production requires limited funds and machinery. Also, the production is more of a labour intensive work than capital intensive. These two factors are primarily responsible for the growth in the demand for silk. Rise in the demand for silk by textile, medical industries and cosmetic industries are also creating more lucrative growth opportunities. Increased innovation and advancements in the silk production techniques will further lead to the rise in demand for silk. Further, advancement in technology will improve the production rate and this in turn will help to match the supply force with the demand force.
Rise, growth and expansion of textile industry have led to the rise in the silk market value. Data Bridge Market Research analyses that the silk market will witness a CAGR of 7.9% for the forecast period of 2021-2028. This when converted in terms of market value, it will rise up to USD 29.09 billion by the year 2028.
To prepare this Silk Market research report, certain steps have been applied for collecting, recording and analysing the market data. The market analysis performed here supports to find out the general market conditions and tendencies. Silk Market report also provides thorough investigation of current scenario of the universal market, which takes into account several market dynamics. The statistical and numerical data included in the report is interpreted with the utilization of established and advanced tools such as SWOT analysis and Porter's Five Forces Analysis. Tables, graphs and charts used in whole report gives clear and better understanding of facts and figures.
This market report defines CAGR value fluctuation during the forecast period of 2018-2025 for the market. The market research analysis conducted in Silk Market report provides an examination of various market segments that are relied upon to monitor the fastest development amid the estimated forecast frame. The company profiles leading to all the chief and dominating market players and brands that are taking steps such as product launches, joint ventures, mergers and acquisitions have been included in the report.Silk Market market research report is a window to the industry which explains what market definition, classifications, applications, engagements and market trends are.
Global Silk Market by Production Process (Cocoon Production, Reeling, Throwing, Weaving and Dyeing), Type (Mulberry Silk, Tussar Silk, Eri Silk and Spider Silk), Application (Textile, Cosmetics and Medicine), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
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Market Drivers and Restraints:
On the basis of production process, the silk market is segmented into coccon production, reeling, throwing, weaving and dyeing.
On the basis of type, the silk market is segmented into mulberry, silk, tussar silk, eri silk and spider silk.
On the basis of application, the silk market is segmented into textile, cosmetics and medicine.
The major players covered in the Silk Market
The major players covered in the personal care ingredients market report are JIGSAW, Eastern Silk Industries Ltd., ERIS GLOBAL, The Ethical Silk Company, Hellenic Silk Company, CHAMUNDI TEXTILES (SILK MILLS) LTD., Anhui Silk, ChinaTing Group Holdings Ltd, Ongetta srl unipersonale, Bolt Threads, Zhejiang Jiaxin Silk Co., Ltd., Sichuan Nanchong Liuhe (Group) Co., Ltd., ShengKun Silk Manufacturing Co.,Ltd, China Zhongsi Group Co., Ltd., Spiber Technologies, AMSilk GmbH, Kraig Biocraft Laboratories, Inc.,, Go Mata Textile., Bang Textiles and Maajisa Group among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Major TOC Of The Report Global Silk Market
Chapter One: Silk Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Silk Market Competition, by Players
Chapter Four: Global Silk Market Size by Regions
Chapter Five: Silk Market Revenue by Countries
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Silk Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Silk Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Silk Market
A roadmap of growth opportunities available in the global Silk Market with the identification of key factors
The exhaustive analysis of various trends of the global Silk Market to help identify market developments
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Key Questions Answered in Report:
What is the key to the Silk Market?
What will the Silk Market Demand and what will be Growth?
What are the latest opportunities for Silk Market in the future?
What are the strengths of the key players?
Key Stakeholders Audience Covered:
In order to better analyze value of the medical devices Industry, a lot of attention given to forward and backward Integration of Silk Market
- Silk Market Manufacturers
- Silk Market Distributors/Traders/Wholesalers
- Silk Market Sub-component Manufacturers
- Industry Association
- Downstream Vendors
Data Bridge Market also provides customized specific regional and country-level reports, see below break-ups.
• North America: United States, and Mexico.
• South & Central America: Argentina, LATAM, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: UK, France, Italy, Germany, Spain and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, and Australia.
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