Global silk market is expected to grow at a steady rate during the forecast period. The global silk market is driven by the increasing demand for silk from the flourishing textile industry. Additionally, extensive use of silk for manufacturing wedding dresses, shawls, sarees, suits, scarfs, ties, pillow, wall-hangings, draperies, among others is further expected to propel the market growth. Furthermore, technological advancements in sericulture and emerging spider silk is expected to create lucrative opportunities for the market growth over the next few years. However, high cost of raw silk can hamper the market growth over the next few years. Also, silk industry is a highly labor intensive. This can slow down the market growth during the forecast period.

With the sudden outbreak of pandemic COVID-19 disease, the world is affected, majority of the businesses are shut down and operations across different enterprises are also compromised. China is the world’s largest producer and supplier of silk. With China being the epicenter of COVID-19, the silk industry is massively hit by the pandemic. Due to lockdown across major countries in the world, the import and export of silk is highly affected. For instance, the Khadi and Village Industries Commission (KVIC) of India reached out to commerce ministry seeking a ban on import of silk and silk products from China.

The global silk market is segmented based on type, production process, application, company and region. Based on type, the market can be categorized into mulberry silk, tussar silk and eri silk. The mulberry silk segment is expected to dominate the market owing to the increasing demand for mulberry silk from textile industry for making dresses, shawls, scarfs, among others. While, the eri silk segment is expected to hold a significant market share owing to its widespread use for manufacturing shawls and woolen stoles.

Regionally, the silk market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Asia Pacific is expected to dominate the overall silk market owing to the large scale production of silk in the region. According to the International Sericulture Commission, China is the largest producer and supplier of silk in the world. While, India is the second largest producer of silk and silk products.

The major players operating in the silk market are Anhui silk Co. Ltd., Kraig Biocraft Laboratories, Inc., Wujiang First Textile Co., Ltd., Wujiang Wanshiyi silk Co., Ltd., Zhejiang Jiaxin silk Corp., Ltd., EntoGenetics, Inc., Bolt Threads Inc, Sichuan Nanchong Liuhe (Group) Co., Ltd, AMSilk GmbH, China Zhongsi Group Co., Ltd and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Objective of the Study:

  • To analyze and estimate the market size of global silk market from 2017 to 2020.
  • To estimate and forecast the market size of global silk market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global silk market based on type, production process, application, company and regional distribution.
  • To identify dominant region or segment in the global silk market.
  • To identify drivers and challenges for global silk market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global silk market.
  • To identify and analyze the profile of leading players operating in global silk market.
  • To identify key sustainable strategies adopted by market players in global silk market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of silk manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the silk manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global silk market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Silk manufacturers/ suppliers/ distributors
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to silk

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Production Process

·         Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy; South Africa, UAE, Saudi Arabia; Kuwait; Brazil, Argentina, Colombia;

Key companies profiled

Anhui silk Co. Ltd., Kraig Biocraft Laboratories, Inc., Wujiang First Textile Co., Ltd., Wujiang Wanshiyi silk Co., Ltd., Zhejiang Jiaxin silk Corp., Ltd., EntoGenetics, Inc., Bolt Threads Inc, Sichuan Nanchong Liuhe (Group) Co., Ltd, AMSilk GmbH, China Zhongsi Group Co., Ltd.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 Report Scope:

In this report, global silk market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Silk Market, By Type:
    • Mulberry Silk
    • Tussar Silk
    • Eri Silk
  • Global Silk Market, By Production Process:
    • Cocoon Production
    • Reeling
    • Throwing
    • Weaving
    • Dyeing
  • Global Silk Market, By Application:
    • Textile
    • Cosmetics & Medical
  • Global Silk Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global silk market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Silk Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Silk Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Mulberry Silk, Tussar Silk, Eri Silk)

6.2.2.     By Production Process (Cocoon Production, Reeling, Throwing, Weaving, Dyeing)

6.2.3.     By Application (Textile, Cosmetics & Medical)

6.2.4.     By Company (2021)

6.2.5.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Silk Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Production Process

7.2.3.     By Application

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Silk Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Production Process

7.3.1.2.3.             By Application

7.3.2.     India Silk Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Production Process

7.3.2.2.3.             By Application

7.3.3.     Australia Silk Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Production Process

7.3.3.2.3.             By Application

7.3.4.     Japan Silk Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Production Process

7.3.4.2.3.             By Application

7.3.5.     South Korea Silk Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Production Process

7.3.5.2.3.             By Application

8.    Europe Silk Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Production Process

8.2.3.     By Application

8.2.4.     By End User

8.2.5.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Silk Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Production Process

8.3.1.2.3.             By Application

8.3.2.     Germany Silk Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Production Process

8.3.2.2.3.             By Application

8.3.3.     United Kingdom Silk Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Production Process

8.3.3.2.3.             By Application

8.3.4.     Italy Silk Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Production Process

8.3.4.2.3.             By Application

8.3.5.     Spain Silk Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Production Process

8.3.5.2.3.             By Application

9.    North America Silk Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Production Process

9.2.3.     By Application

9.2.4.     By End User

9.2.5.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Silk Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Production Process

9.3.1.2.3.             By Application

9.3.2.     Mexico Silk Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Production Process

9.3.2.2.3.             By Application

9.3.3.     Canada Silk Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Production Process

9.3.3.2.3.             By Application

10.  South America Silk Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Production Process

10.2.3.  By Application

10.2.4.  By End User

10.2.5.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Silk Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Production Process

10.3.1.2.3.           By Application

10.3.2.  Argentina Silk Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Production Process

10.3.2.2.3.           By Application

10.3.3.  Colombia Silk Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Production Process

10.3.3.2.3.           By Application

11.  Middle East and Africa Silk Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Production Process

11.2.3.  By Application

11.2.4.  By End User

11.2.5.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Silk Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Production Process

11.3.1.2.3.           By Application

11.3.2.  Saudi Arabia Silk Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Production Process

11.3.2.2.3.           By Application

11.3.3.  UAE Silk Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Production Process

11.3.3.2.3.           By Application

11.3.4.  Kuwait Silk Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Type

11.3.4.2.2.           By Production Process

11.3.4.2.3.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Anhui silk Co. Ltd.

14.2.              Kraig Biocraft Laboratories, Inc.

14.3.              Wujiang First Textile Co., Ltd.

14.4.              Wujiang Wanshiyi silk Co., Ltd.

14.5.              Zhejiang Jiaxin silk Corp., Ltd.

14.6.              EntoGenetics, Inc.

14.7.              Bolt Threads Inc

14.8.              Sichuan Nanchong Liuhe (Group) Co., Ltd

14.9.              AMSilk GmbH

14.10.            China Zhongsi Group Co., Ltd

15. Strategic Recommendations

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