Global Silk Market Outlook 2022

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.) .
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%.

The global Silk market was valued at US$ 3824.3 million in 2020 and is expected to reach US$ 3838.1 million by the end of 2027, growing at a CAGR of 0.4% during 2021-2027.
This report focuses on Silk volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Silk market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Silk Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Mulberry Silk
Tussar Silk
Eri Silk
Muga Silk
Other

Segment by Application
Clothing and Accessories
Home Textiles
Other

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
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