Quick Summary:
In the fast-evolving Silk industry, expert data and trend forecasting are imperative for strategic decision-making by senior executives. Our report on the Global Silk Market provides just that by offering a comprehensive forecast of a market that is projected to reach US$28.4 Billion by 2030. The report is not just pertinent, but indispensable for businesses seeking to validate their internal research, quantify opportunities, and identify potential hazards.
With a keen focus on the dynamics of the Mulberry and Tussar silk segments, the report provides an extensive analysis on the post-pandemic growth trajectory of these sectors. Furthermore, valuable insights into key geographic markets such as the United States, China, Japan, Canada, and Germany are provided, offering an in-depth understanding of their respective growth rates. This strategic analysis can be the guiding light for the right investments at the right time.
Featuring 48 competitors, the report encapsulates the competitive landscape of the silk industry, serving as a crucial foundation for formulating competitive market strategies. Accompanied by digital archives access and free updates for a year, purchasing this market research report is more than just an acquisition; it's an investment in intelligence leading to business growth.
Global Silk Market to Reach $28.4 Billion by 2030
The global market for Silk estimated at US$17.6 Billion in the year 2022, is projected to reach a revised size of US$28.4 Billion by 2030, growing at a CAGR of 6.1% over the analysis period 2022-2030. Mulberry Silk, one of the segments analyzed in the report, is projected to record 7.2% CAGR and reach US$13.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Tussar Silk segment is readjusted to a revised 5.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $4.7 Billion, While China is Forecast to Grow at 10.5% CAGR
The Silk market in the U.S. is estimated at US$4.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.9 Billion by the year 2030 trailing a CAGR of 10.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.Select Competitors (Total 48 Featured) -
- AMSilk GmbH
- Anhui Silk Co. Ltd.
- Bolt Threads Inc.
- China Silk Corporation
- Jiangsu Sutong Cocoon & Silk Co., Ltd.
- Jinchengjiang Xinxing Cocoon Silk Co., Ltd.
- Kraig Biocraft Laboratories, Inc.
- Shengkun Silk Manufacturing Co., Ltd.
- Sichuan Nanchong Liuhe (Group) Co., Ltd.
- Spiber Technologies
- Wensli Group Co. Ltd.
- Wujiang First Textile Co., Ltd.
- Zhejiang Jiaxin Silk Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Silk?
What is the growth rate of the Global Market for Silk?
What is the forecasted size of the Global Market for Silk?
Who are the key companies in the Global Market for Silk?
Report Attribute | Details |
---|---|
No. of Pages | 276 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 17.6 Billion |
Forecasted Market Value ( USD | $ 28.4 Billion |
Compound Annual Growth Rate | 6.2% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- AMSilk GmbH
- Anhui Silk Co. Ltd.
- Bolt Threads Inc.
- China Silk Corporation
- Jiangsu Sutong Cocoon & Silk Co., Ltd.
- Jinchengjiang Xinxing Cocoon Silk Co., Ltd.
- Kraig Biocraft Laboratories, Inc.
- Shengkun Silk Manufacturing Co., Ltd.
- Sichuan Nanchong Liuhe (Group) Co., Ltd.
- Spiber Technologies
- Wensli Group Co. Ltd.
- Wujiang First Textile Co., Ltd.
- Zhejiang Jiaxin Silk Co., Ltd.