Silk Market |Industry Trends|Market Insights|Market Forecast to 2026
On 29 April 2019, Givaudan has reached an agreement to acquire the cosmetics business of AMSilk GmbH.
(EMAILWIRE.COM, October 18, 2019 ) Market Overview:
Globally majority of the commercial silk produced is from mulberry and is referred to as mulberry silk. Governments are taking initiatives to increase the production of mulberry silk due to its increasing demand. Although China is the major producer of silk, the climatic conditions of India are more favorable for mulberry silk production.
Silk market is segmented by type, application and geography. By type the market is segmented into mulberry silk, eri silk, tasar silk, muga silk and others types. By application the market is further segmented by textiles, cosmetics, medicine and others. Whereas by geography the market is divided into North America, South America, Europe, Asia Pacific and Rest of the World.
Market Dynamics:
Increasing requirement of silk in the textile industry, Changing fashion trends and increasing purchasing power in emerging countries to boost the silk demand.
The major growth drivers of the Silk Market will be the developing economies, mainly China and India, both growing in double digits. China will become major apparel market in coming days while India will be the second most attractive apparel market.
Higher dependency on China raw material and high cost of silk over other material types will likely to act as restraints to the global silk industry.
Download Free Sample Report: https://www.datamintelligence.com/download-sample/silk-market
Market Segmentation:
Type Segment Analysis
Based on type, silk market is classified into mulberry silk, eri silk, tasar silk, muga silk and others product types.
The bulk of the commercial silk produced in the world comes from this variety and often silk generally refers to mulberry silk. This silk variety is popular around the world, especially in China, Japan, and Korea.
Mulberry silk comes from the silkworm, Bombyx mori L. which solely feeds on the leaves of mulberry plant. The production of the silk involves the killing of the worms in their cocoons to extract the silk fiber.
Textile Application Segment Analysis
Based on application, the silk market is classified into textile, cosmetics, medicine, and others.
Textile is the fastest growing application of silk. Silk is an important contributor to the textile industry which is continuously growing and developing in terms of demand and supply.
Silk is the strongest of the natural fiber comfortable to wear and drapes admirably irresistance and companion of women all over the world. Moreover environmental friendly healthy textile fiber. Silk is used in dress material not only for women, for men also like tie, shirts, jerkins, socks, t-shirts.
Geographical Analysis:
By geography, the market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
Asia Pacific region is expected to grow with high CAGR during the forecast period due to the
Silk is majorly produced in the Asia Pacific region, mulberry type silk is 90 percent produced from this region, whereas non mulberry silk is completely produced from this region.
While global major silk producers are from this region namely China is the global major producer and chief supplier of silk to the world markets. Whereas India is the global second largest producer. In India, the major mulberry silk producing states are Karnataka, Andhra Pradesh, West Bengal, Tamil Nadu and Jammu & Kashmir which together accounts for 92 % of country's total mulberry raw silk production.
Competitive Analysis:
Some of the major players include Eastern Silk Industries, Eris Global LLP, The Ethical Silk Company, Hellenic Silk Company, Chamundi Textiles, Hangzhou Zhigeng Silk Co., Ltd, Anhui Silk, Zhejiang China Ting Jincheng Silk Co. Ltd, Ongetta srl unipersonale, and Bolt Threads Inc.
View Full Report Summary: https://www.datamintelligence.com/research-report/silk-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Globally majority of the commercial silk produced is from mulberry and is referred to as mulberry silk. Governments are taking initiatives to increase the production of mulberry silk due to its increasing demand. Although China is the major producer of silk, the climatic conditions of India are more favorable for mulberry silk production.
Silk market is segmented by type, application and geography. By type the market is segmented into mulberry silk, eri silk, tasar silk, muga silk and others types. By application the market is further segmented by textiles, cosmetics, medicine and others. Whereas by geography the market is divided into North America, South America, Europe, Asia Pacific and Rest of the World.
Market Dynamics:
Increasing requirement of silk in the textile industry, Changing fashion trends and increasing purchasing power in emerging countries to boost the silk demand.
The major growth drivers of the Silk Market will be the developing economies, mainly China and India, both growing in double digits. China will become major apparel market in coming days while India will be the second most attractive apparel market.
Higher dependency on China raw material and high cost of silk over other material types will likely to act as restraints to the global silk industry.
Download Free Sample Report: https://www.datamintelligence.com/download-sample/silk-market
Market Segmentation:
Type Segment Analysis
Based on type, silk market is classified into mulberry silk, eri silk, tasar silk, muga silk and others product types.
The bulk of the commercial silk produced in the world comes from this variety and often silk generally refers to mulberry silk. This silk variety is popular around the world, especially in China, Japan, and Korea.
Mulberry silk comes from the silkworm, Bombyx mori L. which solely feeds on the leaves of mulberry plant. The production of the silk involves the killing of the worms in their cocoons to extract the silk fiber.
Textile Application Segment Analysis
Based on application, the silk market is classified into textile, cosmetics, medicine, and others.
Textile is the fastest growing application of silk. Silk is an important contributor to the textile industry which is continuously growing and developing in terms of demand and supply.
Silk is the strongest of the natural fiber comfortable to wear and drapes admirably irresistance and companion of women all over the world. Moreover environmental friendly healthy textile fiber. Silk is used in dress material not only for women, for men also like tie, shirts, jerkins, socks, t-shirts.
Geographical Analysis:
By geography, the market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
Asia Pacific region is expected to grow with high CAGR during the forecast period due to the
Silk is majorly produced in the Asia Pacific region, mulberry type silk is 90 percent produced from this region, whereas non mulberry silk is completely produced from this region.
While global major silk producers are from this region namely China is the global major producer and chief supplier of silk to the world markets. Whereas India is the global second largest producer. In India, the major mulberry silk producing states are Karnataka, Andhra Pradesh, West Bengal, Tamil Nadu and Jammu & Kashmir which together accounts for 92 % of country's total mulberry raw silk production.
Competitive Analysis:
Some of the major players include Eastern Silk Industries, Eris Global LLP, The Ethical Silk Company, Hellenic Silk Company, Chamundi Textiles, Hangzhou Zhigeng Silk Co., Ltd, Anhui Silk, Zhejiang China Ting Jincheng Silk Co. Ltd, Ongetta srl unipersonale, and Bolt Threads Inc.
View Full Report Summary: https://www.datamintelligence.com/research-report/silk-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results