Silk Market Growth, Demand and Challenges of the Key Industry Players 2024-32 - PowerPoint PPT Presentation

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Silk Market Growth, Demand and Challenges of the Key Industry Players 2024-32

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According to the latest research report by IMARC Group, The global silk market size reached US$ 18.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 34.1 Billion by 2032, exhibiting a growth rate (CAGR) of 6.9% during 2024-2032. More Info:- – PowerPoint PPT presentation

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Title: Silk Market Growth, Demand and Challenges of the Key Industry Players 2024-32


1
Global Silk Market Research and Forecast Report
2024-2032
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Silk Market Global Industry Trends,
    Share, Size, Growth, Opportunity and Forecast
    2024-2032," the global silk market size reached
    US 18.7 Billion in 2023.
  • Factors Affecting the Growth of Silk Industry
  • Economic Growth and Increasing Disposable Income
  • Silk, often regarded as a luxury fabric, is
    highly sensitive to economic growth and
    fluctuations in disposable income. As economies
    grow and individuals have more disposable income,
    there is a greater demand for luxury goods,
    including silk products. Economic growth leads to
    an expansion of the middle class, which
    constitutes a significant consumer base for silk
    items such as clothing, accessories, and home
    furnishings. In regions experiencing rapid
    economic development, such as China and India,
    the demand for silk has increased in recent
    years.
  • China, the largest producer of silk globally, has
    seen a substantial increase in domestic
    consumption as its economy continues to grow.
    Rising incomes in emerging markets have also
    contributed to the global demand for silk, as
    consumers in these regions seek higher-quality
    products and embrace silk as a symbol of status
    and sophistication. Furthermore, as globalization
    progresses, the accessibility of silk products to
    consumers worldwide has increased. This increased
    accessibility, coupled with growing purchasing
    power in emerging economies, has fueled the
    expansion of the global silk market.

4
Report Highlight and Description
  • Changing Fashion Trends and Design Innovations
  • Silk is renowned for its luxurious feel, lustrous
    appearance, and versatility, making it a favored
    choice among designers and fashion enthusiasts
    alike. Fashion trends play a pivotal role in
    driving the demand for silk products, as
    designers incorporate silk fabrics into their
    collections to create garments that appeal to
    evolving consumer preferences. In recent years,
    there has been a resurgence of interest in
    sustainable and eco-friendly fashion, prompting
    designers to explore organic and ethically
    sourced silk options.
  • This shift toward sustainability has led to the
    development of innovative silk production
    techniques, such as eco-friendly dyeing processes
    and the use of organic silk fibers. Moreover,
    advancements in textile technology have enabled
    the creation of novel silk blends that offer
    enhanced durability, wrinkle resistance, and
    performance characteristics. These innovations
    have broadened the application of silk beyond
    traditional apparel, expanding its use in sectors
    such as sportswear, activewear, and technical
    textiles.
  • Cultural Significance and Heritage Preservation
  • Silk holds profound cultural significance in many
    societies, particularly in regions where it has
    been cultivated for centuries. In countries, such
    as China and India, silk production has
    deep-rooted cultural traditions and historical
    importance.

5
Report Highlight and Description
  • As a result, there is a strong emphasis on
    preserving these traditions and promoting the
    heritage associated with silk production.
    Government initiatives and cultural organizations
    play a crucial role in supporting the silk
    industry by providing funding, infrastructure,
    and training programs to silk artisans and
    weavers. These efforts aim to safeguard
    traditional silk weaving techniques, encourage
    artisanal craftsmanship, and promote the cultural
    heritage associated with silk production.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/silk-market/requestsamp
    le

6
Report Description
  • Global Silk Market Trends
  • Advancements in technology have significantly
    impacted the silk industry, driving efficiencies
    in silk production processes and enhancing the
    quality of silk products. Innovations such as
    automated silk reeling machines, improved
    breeding techniques for silkworms, and modernized
    weaving equipment have streamlined production and
    reduced costs, making silk more accessible to a
    wider consumer base.
  • Additionally, there has been a growing awareness
    about the environmental and ethical implications
    of silk production, leading to a shift toward
    sustainable and ethical practices within the
    industry. Consumers are increasingly seeking
    transparency in the production process and are
    willing to pay a premium for silk products that
    are produced in an environmentally responsible
    and socially ethical manner.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/silk-market

7
Report Segmentation
  • Breakup by Type
  • Mulberry Silk
  • Tussar Silk
  • Eri Silk
  • Others
  • Breakup by Application
  • Textile
  • Cosmetics
  • Medical

8
Report Segmentation
  • Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

9
Competitive Landscape with Key Players
  • AMSilk GmbH
  • Anhui Silk Co. Ltd.
  • Bolt Threads Inc.
  • Eastern Silk Industries Ltd.
  • Kraig Biocraft Laboratories Inc.
  • Libas Textiles Ltd.
  • Ongetta srl
  • Shengkun Silk Manufacturing Co. Ltd.
  • Wensli Group Co. Ltd.

10
Key Questions Answered in the Report
11
Key Questions Answered in the Report
12
Table of Contents
  • 1    Preface2 Scope and Methodology
  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology
  • 3 Executive Summary
  • 4 Global Silk Market - Introduction
  • 4.1 Overview
  • 4.2 Market Dynamics
  • 4.3 Industry Trends
  • 4.4 Competitive Intelligence
  • 5 Global Silk Market Landscape
  • 5.1 Historical and Current Market Trends
    (2018-2023)
  • 5.2 Market Forecast (2024-2032)

13
Table of Contents
  • 6.3 Eri Silk
  • 6.3.1 Overview
  • 6.3.2 Historical and Current Market Trends
    (2018-2023)
  • 6.3.3 Market Segmentation
  • 6.3.4 Market Forecast (2024-2032)
  • 6.4 Others
  • 6.4.1 Historical and Current Market Trends
    (2018-2023)
  • 6.4.2 Market Forecast (2024-2032)
  • 6.5 Attractive Investment Proposition by Type
  • 7 Global Silk Market - Breakup by Application
  • 7.1 Textile
  • 7.1.1 Overview
  • 7.1.2 Historical and Current Market Trends
    (2018-2023)
  • 7.1.3 Market Segmentation
  • 7.1.4 Market Forecast (2024-2032)
  • 7.2 Cosmetics
  • 7.2.1 Overview
  • 7.2.2 Historical and Current Market Trends
    (2018-2023)
  • 7.2.3 Market Segmentation

14
Partial List of Clients
15
Partial List of Clients
16
Disclaimer
  • 2024 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

17
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