The silk market is forecasted to grow by USD 5001.8 mn during 2023-2028, accelerating at a CAGR of 9.24% during the forecast period. The report on the silk market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing requirement for silk in textile industry, changing fashion trends and growing purchasing power in emerging countries, and government initiatives.
Technavio's silk market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
8.25%
CAGR
9.24%
Incremental Value
$5001.8mn
ByType
Mulberry
Tussar
Eri
ByApplication
Textile
Cosmetics
Medicine
ByGeography
APAC
Europe
North America
South America
Middle East and Africa
This study identifies the increasing r and d on spider silk as one of the prime reasons driving the silk market growth during the next few years. Also, increasing use of silk in medical applications and increasing demand for eri and muga silk will lead to sizable demand in the market.
The report on the silk market covers the following areas:
Silk market sizing
Silk market forecast
Silk market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading silk market vendors that include AMSilk GmbH, 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., and Zhejiang Jiaxin Silk Corp. Ltd.. Also, the silk market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Five Forces Analysis
4.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
4.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
4.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
4.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
4.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
4.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
4.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
5 Market Segmentation by Type
5.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
5.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
5.3 Mulberry - Market size and forecast 2023-2028
Chart on Mulberry - Market size and forecast 2023-2028 ($ million)
Data Table on Mulberry - Market size and forecast 2023-2028 ($ million)
Chart on Mulberry - Year-over-year growth 2023-2028 (%)
Data Table on Mulberry - Year-over-year growth 2023-2028 (%)
5.4 Tussar - Market size and forecast 2023-2028
Chart on Tussar - Market size and forecast 2023-2028 ($ million)
Data Table on Tussar - Market size and forecast 2023-2028 ($ million)
Chart on Tussar - Year-over-year growth 2023-2028 (%)
Data Table on Tussar - Year-over-year growth 2023-2028 (%)
5.5 Eri - Market size and forecast 2023-2028
Chart on Eri - Market size and forecast 2023-2028 ($ million)
Data Table on Eri - Market size and forecast 2023-2028 ($ million)
Chart on Eri - Year-over-year growth 2023-2028 (%)
Data Table on Eri - Year-over-year growth 2023-2028 (%)
5.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Textile - Market size and forecast 2023-2028
Chart on Textile - Market size and forecast 2023-2028 ($ million)
Data Table on Textile - Market size and forecast 2023-2028 ($ million)
Chart on Textile - Year-over-year growth 2023-2028 (%)
Data Table on Textile - Year-over-year growth 2023-2028 (%)
6.4 Cosmetics - Market size and forecast 2023-2028
Chart on Cosmetics - Market size and forecast 2023-2028 ($ million)
Data Table on Cosmetics - Market size and forecast 2023-2028 ($ million)
Chart on Cosmetics - Year-over-year growth 2023-2028 (%)
Data Table on Cosmetics - Year-over-year growth 2023-2028 (%)
6.5 Medicine - Market size and forecast 2023-2028
Chart on Medicine - Market size and forecast 2023-2028 ($ million)
Data Table on Medicine - Market size and forecast 2023-2028 ($ million)
Chart on Medicine - Year-over-year growth 2023-2028 (%)
Data Table on Medicine - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.5 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.9 India - Market size and forecast 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India - Year-over-year growth 2023-2028 (%)
Data Table on India - Year-over-year growth 2023-2028 (%)
8.10 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.11 Italy - Market size and forecast 2023-2028
Chart on Italy - Market size and forecast 2023-2028 ($ million)
Data Table on Italy - Market size and forecast 2023-2028 ($ million)
Chart on Italy - Year-over-year growth 2023-2028 (%)
Data Table on Italy - Year-over-year growth 2023-2028 (%)
8.12 France - Market size and forecast 2023-2028
Chart on France - Market size and forecast 2023-2028 ($ million)
Data Table on France - Market size and forecast 2023-2028 ($ million)
Chart on France - Year-over-year growth 2023-2028 (%)
Data Table on France - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation