Silk Market Size 2023 | New Business Opportunities with Covid-19 Effect, Growth Drivers, Latest Trends, Future Demand, Analysis by Top Leading Player till Forecast 2031
Silk Market
Chemically speaking, silk is made of proteins secreted in the fluid state by a caterpillar, popularly known as ‘silkworm’. These silkworms feed on the selected food plants and spin cocoons as a ‘protective shell’ to perpetuate the life. Silkworm has four stages in its life cycle viz., egg, caterpillar, pupa and moth. Man interferes this life cycle at the cocoon stage to obtain the silk, a continuous filament of commercial importance, used in weaving of the dream fabric.Silk is a continuous filament within each cocoon, having a usable length of about 600 to 900 metres (2,000 to 3,000 feet). It is freed by softening the binding sericin and then locating the filament end and unwinding, or reeling, the filaments from several cocoons at the same time, sometimes with a slight twist, forming a single strand. Several silk strands, each too thin for most uses, are twisted together to make thicker, stronger yarn in the process called throwing, producing various yarns differing according to the amount and direction of the twist imparted.In the report, all of the silk data are based on the raw silk and spun silk(Spun silk is made from short lengths obtained from damaged cocoons or broken off during processing, twisted together to make yarn.) .This report focuses on global and United States Silk market, also covers the segmentation data of other regions in regional level and county level.Due to the COVID-19 pandemic, the global Silk market size is estimated to be worth USD 3826.6 million in 2022 and is forecast to a readjusted size of USD 4309.4 million by 2028 with a CAGR of 2.0% during the review period. Global key players of Silk include Xin Yuan, US SKCA GROUP, Guangxi Guihe Group, NAN SI LU GROUP, China Silk Road, Karnataka Silk Industries Corporation, Jiangsu Jiujiu and Jiangsu Soho International Group, etc. Top five players occupy for a share about 5%. Asia-Pacific is the largest market, with a share about 99%, among it, China has the largest market share about 53%, followed by India, with a share about 46%. In terms of product, Mulberry Silk is the largest segment, with a share over 73%. In terms of application, Clothing and Accessories is the largest market, with a share over 58%.Silk market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Silk market will be able to gain the upper hand as they use the report as a powerful resource.
Major players covered in Silk Market are:
- Xin Yuan
- US SKCA GROUP
- Guangxi Guihe Group
- NAN SI LU GROUP
- China Silk Road
- Karnataka Silk Industries Corporation
- Jiangsu Jiujiu
- Jiangsu Soho International Group
- Sichuan Xinsilu Cocoon & Silk
- Shanxi Ankang Baoye
- Anhui Jingjiusi
- Guangxi Jialian Silk
- Guangxi Guihua Silk
- Century Antai
- Sichuan Nanchong Liuhe
- Sam Global Silk
- Tianhong Sichou
- Mulberry Silks Limited
Market Segment by Type:
- Mulberry Silk
- Tussar Silk
- Eri Silk
- Muga Silk
- Other
Market Segment by Application:
- Clothing and Accessories
- Home Textiles
- Other
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