Global Silk Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Mulberry Silk, Tussar Silk, Eri Silk, and Spider Silk.

By Application;

Textile and Cosmetics & Medicine.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn346143666 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Silk Market (USD Million), 2021 - 2031

In the year 2024, the Global Silk Market was valued at USD 22,269.00 million. The size of this market is expected to increase to USD 38,662.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The global silk market is a dynamic sector characterized by its intricate production processes and diverse applications. Silk, known for its luxurious texture and sheen, remains a highly sought-after material in the fashion and textile industries. The market is driven by increasing consumer demand for high-quality, premium textiles used in clothing, accessories, and home furnishings. Innovations in silk production, such as advancements in sericulture and sustainable practices, are expanding the market's reach, offering new growth opportunities. Additionally, the rising popularity of silk-based products in luxury fashion and home décor segments is fueling market expansion.

Geographically, the silk market is influenced by regions known for their historical silk production, including China and India, which are major producers and exporters of silk. These regions benefit from well-established sericulture practices and a robust supply chain network. As global interest in silk continues to grow, there is a notable shift towards sustainable and ethical silk production, aligning with broader environmental and consumer trends. This evolving landscape underscores the market's potential for innovation and expansion, driven by both traditional craftsmanship and modern technological advancements.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Silk Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Fashion and Textile Industry

        2. Rising Consumer Preference for Sustainable and Natural Fibers

        3. Technological Advancements in Silk Production

      2. Restraints
        1. Limited Raw Material Supply

        2. Environmental Impact of Silk Production

        3. Competition from Synthetic Fibers

      3. Opportunities
        1. Emerging Markets Expansion

        2. Innovation in Silk Production Techniques

        3. Growing Demand for Eco-Friendly Products

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Silk Market, By Type, 2021 - 2031 (USD Million)
      1. Mulberry Silk
      2. Tussar Silk
      3. Eri Silk
      4. Spider Silk
    2. Global Silk Market, By Application, 2021 - 2031 (USD Million)
      1. Textile
      2. Cosmetics & Medicine
    3. Global Silk Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Wujiang First Textile Co., Ltd.
      2. Wujiang Wanshiyi Silk Co. Ltd.
      3. Zhejiang Jiaxin Silk Co., Ltd.
      4. Sichuan Nanchong Liuhe (Group) Corp.
      5. Shengkun Silk Manufacturing Co., Ltd.
      6. Jiangsu Sutong Cocoon & Silk Co.
      7. Jinchengjiang Xinxing Cocoon Silk Co., Ltd.
      8. Wensli Group Co. Ltd.
      9. China Silk Corporation
      10. Entogenetics, Inc.
      11. Bolt Threads Inc.
      12. Spiber Technologies
  7. Analyst Views
  8. Future Outlook of the Market