The global Silk Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Mulberry Silk, Tussar Silk, Eri Silk), By Application (Textile, Cosmetics & Medical).
The silk market is experiencing resurgence in 2024, driven by its enduring appeal, sustainable production practices, and diverse applications in fashion, textiles, healthcare, and luxury goods. Silk, a natural protein fiber produced by silkworms, is renowned for its softness, luster, and strength, making it one of the most coveted and luxurious textiles in the world. In the fashion industry, silk is used for premium apparel such as dresses, blouses, scarves, and ties due to its elegant drape, breathability, and hypoallergenic properties. Further, in home textiles, silk fabrics adorn bedding, curtains, upholstery, and decorative items, adding a touch of sophistication and comfort to interior spaces. Additionally, in healthcare, silk is employed for medical sutures, wound dressings, and implants due to its biocompatibility, antibacterial properties, and low tissue reactivity. Furthermore, advancements in silk production techniques, such as sericulture practices, breeding of silkmoth varieties, and textile processing methods, are driving the development of sustainable and eco-friendly silk products with improved quality and performance. As consumers increasingly seek natural, sustainable, and luxurious materials, the demand for high-quality silk is expected to growing, stimulating market expansion and fostering innovation in sericulture, textile manufacturing, and silk-based products.
The market report analyses the leading companies in the industry including Anhui Silk, Bolt Threads, Camenzind and Co. AG, Eastern Silk Industries Ltd, Eris Global, Jinchengjiang Xinxing Cocoon Silk Co. Ltd, Kraig Biocraft Laboratories Inc, Libas Ltd, ONGETTA Srl, Qingdao Textiles Group Fiber Technology Co. Ltd, WENSLI, Wujiang First Textile Co. Ltd, Xuzhou Shengkun Silk Manufacturing Co. Ltd, Zhejiang Jiaxin Silk Corp Ltd, and others.
A prominent trend in the silk market is the rising demand for sustainable and ethical fashion. As consumers become more environmentally conscious and socially responsible, there is a growing preference for natural fibers like silk that are produced using sustainable practices. Silk is valued for its luxurious texture, breathability, and biodegradability, making it an attractive choice for eco-friendly clothing and accessories. Furthermore, the trend towards transparency in supply chains is driving the demand for ethically sourced silk, ensuring fair labor practices and animal welfare standards are upheld throughout the production process. This trend is reshaping the silk industry, with producers and retailers increasingly focusing on sustainability certifications and promoting the environmental and social benefits of silk products.
The increasing affluence and demand for luxury goods in emerging markets are significant drivers for the silk market. As disposable incomes rise in countries like China, India, and Brazil, consumers are seeking premium products that symbolize status and sophistication. Silk, with its rich history and association with luxury, is experiencing growing demand in these markets for clothing, home textiles, and accessories. Additionally, the rise of the middle class in emerging economies is fueling demand for silk as a raw material for traditional garments and cultural artifacts. This expanding consumer base presents lucrative opportunities for silk producers and exporters to capitalize on the growing appetite for luxury goods in emerging markets.
A potential opportunity for the silk market lies in diversification into sustainable packaging and biomedical applications. Silk has unique properties such as strength, biocompatibility, and biodegradability, making it an ideal material for environmentally friendly packaging solutions. Silk-based packaging materials offer alternatives to single-use plastics and synthetic polymers, providing sustainable options for industries such as food and cosmetics. Furthermore, silk proteins have promising applications in biomedical fields such as drug delivery, tissue engineering, and wound healing. By exploring these innovative applications, silk producers can expand their product offerings and tap into new markets while contributing to sustainability efforts and advancements in healthcare technology.
The largest segment in the Silk Market by type is Mulberry Silk. Mulberry silk is renowned for its superior quality, softness, and durability, making it the most sought-after type of silk globally. mulberry silk is produced by the silkworm Bombyx mori, which feeds exclusively on the leaves of the mulberry tree, resulting in silk fibers that are uniform in texture and color. This consistency in quality makes mulberry silk highly desirable for luxury textiles and apparel, driving its demand in high-end fashion markets. Additionally, mulberry silk's natural sheen, breathability, and hypoallergenic properties further contribute to its popularity in bedding and luxury home textiles. Moreover, mulberry silk's versatility allows it to be easily dyed and woven into a variety of fabrics, including satin, chiffon, and crepe, expanding its application across different industries. As consumer preferences continue to prioritize quality and sustainability, the demand for mulberry silk is expected to maintain its position as the largest segment in the silk market.
The fastest-growing segment in the Silk Market by application is Cosmetics & Medical. This accelerated growth can be attributed to the increasing recognition of silk's unique properties and its diverse applications in cosmetics and medical industries. Silk proteins, known for their biocompatibility and hypoallergenic nature, have gained significant attention for their potential use in skincare and wound healing products. Silk's ability to retain moisture, regulate temperature, and prevent friction makes it an ideal ingredient in cosmetics, where it can improve skin hydration, texture, and overall appearance. Moreover, silk's antimicrobial properties and ability to promote cell regeneration have led to its use in medical textiles, wound dressings, and sutures, where it can enhance healing outcomes and reduce the risk of infection. As research and innovation in silk-based cosmetics and medical products continue to advance, coupled with growing consumer demand for natural and sustainable alternatives, the Cosmetics & Medical segment of the silk market is poised for rapid growth in the coming years.
By Type
Mulberry Silk
Tussar Silk
Eri Silk
By Application
Textile
Cosmetics & MedicalCountries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Anhui Silk
Bolt Threads
Camenzind and Co. AG
Eastern Silk Industries Ltd
Eris Global
Jinchengjiang Xinxing Cocoon Silk Co. Ltd
Kraig Biocraft Laboratories Inc
Libas Ltd
ONGETTA Srl
Qingdao Textiles Group Fiber Technology Co. Ltd
WENSLI
Wujiang First Textile Co. Ltd
Xuzhou Shengkun Silk Manufacturing Co. Ltd
Zhejiang Jiaxin Silk Corp Ltd
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Silk Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Silk Market Size Outlook, $ Million, 2021 to 2032
3.2 Silk Market Outlook by Type, $ Million, 2021 to 2032
3.3 Silk Market Outlook by Product, $ Million, 2021 to 2032
3.4 Silk Market Outlook by Application, $ Million, 2021 to 2032
3.5 Silk Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Silk Industry
4.2 Key Market Trends in Silk Industry
4.3 Potential Opportunities in Silk Industry
4.4 Key Challenges in Silk Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Silk Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Silk Market Outlook by Segments
7.1 Silk Market Outlook by Segments, $ Million, 2021- 2032
By Type
Mulberry Silk
Tussar Silk
Eri Silk
By Application
Textile
Cosmetics & Medical
8 North America Silk Market Analysis and Outlook To 2032
8.1 Introduction to North America Silk Markets in 2024
8.2 North America Silk Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Silk Market size Outlook by Segments, 2021-2032
By Type
Mulberry Silk
Tussar Silk
Eri Silk
By Application
Textile
Cosmetics & Medical
9 Europe Silk Market Analysis and Outlook To 2032
9.1 Introduction to Europe Silk Markets in 2024
9.2 Europe Silk Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Silk Market Size Outlook by Segments, 2021-2032
By Type
Mulberry Silk
Tussar Silk
Eri Silk
By Application
Textile
Cosmetics & Medical
10 Asia Pacific Silk Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Silk Markets in 2024
10.2 Asia Pacific Silk Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Silk Market size Outlook by Segments, 2021-2032
By Type
Mulberry Silk
Tussar Silk
Eri Silk
By Application
Textile
Cosmetics & Medical
11 South America Silk Market Analysis and Outlook To 2032
11.1 Introduction to South America Silk Markets in 2024
11.2 South America Silk Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Silk Market size Outlook by Segments, 2021-2032
By Type
Mulberry Silk
Tussar Silk
Eri Silk
By Application
Textile
Cosmetics & Medical
12 Middle East and Africa Silk Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Silk Markets in 2024
12.2 Middle East and Africa Silk Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Silk Market size Outlook by Segments, 2021-2032
By Type
Mulberry Silk
Tussar Silk
Eri Silk
By Application
Textile
Cosmetics & Medical
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Anhui Silk
Bolt Threads
Camenzind and Co. AG
Eastern Silk Industries Ltd
Eris Global
Jinchengjiang Xinxing Cocoon Silk Co. Ltd
Kraig Biocraft Laboratories Inc
Libas Ltd
ONGETTA Srl
Qingdao Textiles Group Fiber Technology Co. Ltd
WENSLI
Wujiang First Textile Co. Ltd
Xuzhou Shengkun Silk Manufacturing Co. Ltd
Zhejiang Jiaxin Silk Corp Ltd
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
Mulberry Silk
Tussar Silk
Eri Silk
By Application
Textile
Cosmetics & Medical
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Silk Market Size is valued at $16.5 Billion in 2024 and is forecast to register a growth rate (CAGR) of 8.4% to reach $31.5 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Anhui Silk, Bolt Threads, Camenzind and Co. AG, Eastern Silk Industries Ltd, Eris Global, Jinchengjiang Xinxing Cocoon Silk Co. Ltd, Kraig Biocraft Laboratories Inc, Libas Ltd, ONGETTA Srl, Qingdao Textiles Group Fiber Technology Co. Ltd, WENSLI, Wujiang First Textile Co. Ltd, Xuzhou Shengkun Silk Manufacturing Co. Ltd, Zhejiang Jiaxin Silk Corp Ltd
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume