Silk Market

Market Size (2026)
USD 23.5 Bn
Forecast (2036)
USD 52.7 Bn
CAGR (2026 to 2036)
8.4%

How big is Silk Market in 2026?

The silk market is estimated at USD 21.7 billion in 2025 and is forecast to reach USD 23.5 billion in 2026. Silk sales are expected to grow at an 8.4% CAGR and reach USD 52.7 billion by 2036.

Across reeled, spun and protein silk, the silk market is estimated at USD 21.7 billion for 2025. For 2026, silk market sales of USD 23.5 billion are expected. On FMI's model, silk sales are expected to reach USD 52.7 billion by 2036, an 8.4% CAGR between 2026 and 2036. Luxury houses are selling more silk accessories, since a scarf or a tie gives shoppers an entry price into a brand. Hermès grew Silk and Textiles sales 9.7% at constant exchange rates to EUR 469 million in H1 2026, ahead of 6.1% for the group.[1] Printed carrés and twillys are drawing buyers between handbag purchases, so orders for silk twill and printing at the weaving end follow store traffic.

Silk Market Value Analysis
Silk Market Value Analysis

Use per buyer is heaviest in textiles, estimated to account for 67.2% of 2026 sales, since one printed square or evening gown uses several square metres of twill, satin or charmeuse. Cosmetics and medical uses consume grams of silk protein per product, and silk is now moving from traditional applications to new demand channels through fermentation. AMSilk and Ajinomoto Foods Europe agreed in July 2026 on a dedicated line at Nesle in France with 160 cubic metres of fermentation capacity.[2] Textile buyers will keep setting tonnage, and cosmetic and medical buyers will pay far more per kilogram for each lot of protein.

Key Market Trends & Insights

  • Domesticated silkworm filament gives mulberry silk an estimated 79% of silk type sales in 2026, with tussar near 9.6% and eri about 7.2%. Hermès sold EUR 212 million of silk and textiles in April to June 2026, 12.2% more at constant exchange rates.[1]
  • Garments, scarves, sarees and furnishings make textiles the largest end use, likely to hold 67.2% in 2026, ahead of cosmetics at about 21.3% and medical uses near 11.5%. AMSilk silk protein yarns featured in an evening gown in the Balenciaga 55th Couture Collection, the company said on 4 August 2026.[3]

Regional Highlights

  • South Korea grows fastest in the profiled set, at 9.5%, on hanbok, bedding and souvenir silk bought by residents and tourists, under FMI projections.
  • Japan is a tenth of a point behind, and the United Kingdom and China also grow faster than the 8.4% silk market CAGR. France, home to couture houses that buy silk in small lots, comes in at 7.5%, nearly a point behind the silk market as a whole.
  • The United Kingdom cut tariffs on Indian clothing under the UK-India trade agreement, which entered into force on 15 July 2026, UKFT reported.[4]

Market Size & Forecast

Table 1: Market Size and Forecast for the Silk Market (USD billion and percentage), 2025 to 2036

Metric Value
2025 Market Size USD 21.7 billion
Estimated Market Size in 2026 USD 23.5 billion
Projected Market Size by 2036 USD 52.7 billion
CAGR, 2026 to 2036 8.4%
Added Revenue, 2026 to 2036 USD 29.2 billion
Market Expansion Multiple 2.2x

Orders for silk move from reelers to weavers and printers about two seasons before collections reach stores, so luxury results set the order flow for mills. Burberry named scarves as an area of strength in the quarter to 27 June 2026 and continued rolling out scarf bars, as comparable retail sales rose 5%.[5] LVMH reported Fashion and Leather Goods sales of EUR 18.1 billion for the first half of 2026, down 1% organically, with a return to organic growth in Q2.[6] Silk scarves are printed digitally in short runs. Brands can order smaller, faster print runs as the digital textile printing market is likely to increase at a 7.7% CAGR. Added silk market sales of roughly USD 29.2 billion over the decade are expected in the FMI outlook, so 2036 silk sales are likely to be about 2.2 times the 2026 figure. Weak fashion sales at large luxury groups are the main risk, since a slow season cuts silk fabric orders within months.

Luxury Accessories, Biotech Silk and Handloom Heritage

Accessories and heritage weaving carry most of the value growth in silk. Hermès grew sales 15.3% in the Americas and 11% in Japan at constant exchange rates over the six months to June 2026.[1] Handloom exports from India were about INR 1,330.96 crore in 2025-26, and Tussar sarees featured among the handloom weaves presented at IFFI 2025, the Ministry of Textiles said in August 2026.[7] Brands buying printed twill and handwoven silk will keep paying premium prices for traceable fabric.

Biotech silk is moving from pilot to production. AMSilk raised EUR 52 million in September 2025, including EUR 30 million of equity, to fund industrial scale-up, and Evonik and Ajinomoto produce the company's silk proteins at scale.[8] The Ajinomoto line at Nesle is designed to support growth toward hundreds of tons of output and beyond.[2] Fermented silk protein will reach cosmetic, technical and fashion buyers that need uniform material, and cocoon silk will keep the luxury textile base.

Table 2: Luxury Buyer, Biotech Silk and Trade Indicators for the Silk Market (sales, capacity and trade), 2025 to 2026

Indicator Data Point Relevance Source
Hermès Silk and Textiles, H1 2026 EUR 469 million; up 9.7% Silk accessories sell ahead of the group. [1]
Hermès sales in Japan, H1 2026 EUR 798 million; up 11% Japanese buyers support silk demand. [1]
Burberry comparable retail sales, Q1 FY27 Up 5%; scarves a strength Scarf bars add accessory sales. [5]
LVMH Fashion and Leather Goods, H1 2026 EUR 18.1 billion; down 1% organic Luxury fashion orders set silk fabric demand. [6]
AMSilk fermentation line, Nesle 160 cubic metres Biotech silk protein reaches industrial scale. [2]
India handloom exports, 2025-26 About INR 1,330.96 crore Handwoven silk sarees reach export buyers. [7]

Analyst Perspective

“Silk is being bought as a small luxury and as a functional protein at the same time, and I expect those two buyer groups to set prices independently through 2036. Reelers and weavers that certify cocoon origin, and biotech producers that guarantee protein consistency, will earn the strongest margins, as each serves buyers who pay for proof, making certified origin a second engine of value for heritage reelers.”

- Rahul Pandita, Principal Consultant, Future Market Insights.

How is the silk market segmented?

The market is segmented into silk type, end use, and region. Mulberry silk is expected to lead silk type with an estimated 79% share in 2026, and textiles lead end use with about 67.2%.

By silk type: mulberry silk, eri silk, tussar silk, and others.

By end use: textile, cosmetics, and medical.

By region: sericulture, reeling, weaving and silk goods sales in North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, and Middle East and Africa.

Why does mulberry silk lead silk sales by silk type?

Silk Market Analysis by Silk Type
Silk Market Analysis by Silk Type

Reeled mulberry filament is estimated at 79% of silk type sales in 2026, against about 9.6% for tussar, 7.2% for eri and 4.2% for other silks.

Table 3: Silk Type Share for the Silk Market (percentage share), 2026

Silk Type Estimated Share (2026)
Mulberry Silk 79%
Tussar Silk 9.6%
Eri Silk 7.2%
Others 4.2%
Total 100.0%

Table 4: Silk Type Leadership and Market Growth for the Silk Market (segment and CAGR percentage), 2026 to 2036

Metric Value
Global CAGR (2026 to 2036) 8.4%
Leading Segment Mulberry Silk

In 2026, mulberry silk is forecast to lead silk type with 79% share. Domesticated Bombyx mori worms spin a long, even, white filament that reels cleanly and dyes to bright, consistent colours for twill, satin and crepe. Tussar silk, an estimated 9.6%, comes from wild and semi-wild worms in forest regions and gives a coarser, golden fabric prized for sarees and furnishings. Eri silk, near 7.2%, is spun from open cocoons without killing the pupa, so the yarn suits buyers seeking non-violent or peace silk, though spun yarn cannot match filament lustre. Other silks, about 4.2%, include muga and biotech protein yarns in small volumes. A luxury printer choosing fabric for a scarf collection will stay with mulberry twill, since only reeled filament gives the sharp print and drape that buyers expect.

  • Charmeuse, crepe de chine, twill, satin, organza and raw dupion are woven mainly from mulberry filament.
  • Hermès said in July 2026 that Silk and Textiles grew 12.2% at constant exchange rates in the second quarter.[1]

Why do textiles lead silk sales by end use?

Scarves, garments and furnishings give textiles a projected 67.2% of end use sales in 2026, with cosmetics at about 21.3% and medical uses near 11.5%.

Table 5: End Use Share for the Silk Market (percentage share), 2026

End Use Estimated Share (2026)
Textile 67.2%
Cosmetics 21.3%
Medical 11.5%
Total 100.0%

Scarves, ties, sarees, lingerie, bedding and couture use silk by the metre and carry the highest retail prices per garment, so textiles are predicted to lead end use with 67.2% share in 2026. Luxury houses selling silk scarves also sell handbags to the same clients. Store traffic keeps flowing past silk counters, with a 6.2% CAGR expected for the luxury handbag market. Cosmetics, an estimated 21.3%, use silk proteins and sericin in serums, hair care and powders, and ingredient buyers pay for consistency per batch. Medical uses, near 11.5%, include sutures, wound dressings and scaffolds. Engineered silk yarns gain outlets as the technical textiles market will grow at a 6.2% CAGR on suture and filtration orders. Vintage silk scarves and dresses keep resale value, and growth of the secondhand apparel market at an 11.1% CAGR extends the life of each silk garment. A brand planning a collection will buy silk fabric by the metre long before any cosmetic buyer orders protein by the kilogram.

  • Scarves, ties, sarees, lingerie, bedding and couture make up the textile end use.
  • AMSilk silk protein yarns work with knitting, weaving, dyeing and finishing, according to an August 2026 company release.[3]

What are the drivers, restraints, and opportunities in the silk market?

Luxury accessories and heritage weaving keep demand for silk fabric rising. Price swings in cocoon supply and weak luxury seasons strain mills, and fermented silk protein opens cosmetic, medical and technical demand.

  • Driver: Shoppers treat silk scarves, ties and sarees as affordable luxury and heritage gifts, so accessory sales grow even when larger luxury purchases slow.
  • Restraint: Cocoon output follows weather, mulberry leaf supply and rural labour, which makes raw silk prices swing and squeezes weavers on fixed-price orders.
  • Opportunity: Fermented silk protein offers cosmetic, medical and technical buyers a uniform material, which opens sales far beyond the traditional textile base.

Luxury Accessories Keep Fabric Orders Rising

Popularity of silk accessories is rising faster than wider luxury sales. Silk and Textiles at Hermès grew 9.7% in H1 2026, against 6.1% for the group.[1] Burberry named scarves as an area of strength in the June 2026 quarter and is rolling out scarf bars.[5] Silk twill weavers and printers serving those houses will run fuller order schedules through 2036.

Cocoon Price Swings and Weak Luxury Seasons Strain Mills

Producers of silk fabric face raw silk costs set by cocoon harvests outside mill control. LVMH Fashion and Leather Goods fell 1% organically over January to June 2026 before returning to growth in Q2.[6] FMI's analysis treats luxury demand cycles as the main risk to weaver margins. Mills on fixed-price seasonal orders will absorb part of each cocoon price rise until the next contract round.

Fermented Silk Protein Opens New Uses

Adoption of biotech silk is widening the buyer base. AMSilk was named to TIME's Best Inventions of 2026 list in the Fashion category on 15 October 2026 for bioengineered silk protein materials.[9] Brands seeking materials free of microplastics are turning to protein fibres. Biotech silk gains a wider set of fashion buyers, and the sustainable fashion market is forecast to rise at a 10.4% CAGR on couture and athleisure trials. Protein makers with industrial fermentation lines will sign supply contracts with cosmetic and technical buyers first, igniting the next phase of business growth for fermented silk.

Which country CAGRs are profiled in the silk market?

Table 6: Country CAGR Comparison for the Silk Market (CAGR percentage), 2026 to 2036

Silk Market Growth by Market
Silk Market Growth by Market
Country CAGR (2026 to 2036)
South Korea 9.5%
Japan 9.4%
United Kingdom 9.2%
China 9%
India 8.8%
United States 8.5%
Italy 7.7%
France 7.5%

How do country-level CAGRs compare in the silk market?

Comparable retail sales at Burberry rose 11% in South Korea in the quarter to 27 June 2026, against a 2% fall in Japan.[5] Korean buyers of hanbok, bedding and souvenir silk give the country a 9.5% CAGR in FMI's model, against the 8.4% rate for the silk market. Japan grows close behind at 9.4% on kimono and luxury accessory sales. Lower tariffs on Indian clothing help the United Kingdom to 9.2%. China, the largest producer, grows at 9% as domestic buyers trade up to branded silk. Handloom saree demand gives India 8.8%. Growth of 8.5% keeps the United States close to the silk market figure. Italy grows at 7.7% from a mature weaving base. France, home to the couture houses, has the slowest profiled rate at 7.5%.

  • Korean residents and tourists buy hanbok, bedding and souvenir silk.
  • Japanese shoppers raised luxury accessory sales at Hermès in 2026.
  • Garments shipped from India into Britain carry lower duties after July 2026.
  • Chinese buyers are trading up to branded silk goods.
  • Indian handloom weavers sell silk sarees at home and abroad.
  • American luxury shoppers are buying more scarves and ties.
  • Italian weaving mills serve mature fashion houses.
  • French couture houses buy silk in small, high-value lots.

Full report country CAGRs cover: Eight rates appear at country level, six of them between 9.5% for South Korea and 8.5% for the United States, all faster than the 8.4% CAGR for silk, plus Italy and France below that rate, with other regions summarised.

Country-wise Analysis

South Korea Silk Market Outlook (2026 to 2036)

Burberry reported 11% comparable retail sales growth in South Korea for the 13 weeks to 27 June 2026, faster than any other Asia Pacific market the company named.[5] Korean shoppers buy silk hanbok, bedding and gifts, and tourists add souvenir purchases. South Korea's 9.5% CAGR in FMI's projections is the highest profiled rate.

Key takeaway: Heritage and gift buying put South Korea ahead of every other profiled country.

Japan Silk Market Outlook (2026 to 2036)

Sales at Hermès in Japan rose 11% at constant exchange rates to EUR 798 million over January to June 2026.[1] Kimono makers and luxury accessory buyers keep silk demand steady, and Japan grows at 9.4% in the FMI outlook. Fewer inbound tourists from China cut Burberry comparable sales in Japan by 2% in the June quarter, which shows how tourist flows move accessory demand.[5]

Key takeaway: Luxury accessory sales and kimono demand support Japan.

United Kingdom Silk Market Outlook (2026 to 2036)

The UK-India trade agreement entered into force on 15 July 2026 and reduced UK tariffs on a range of Indian imports, including clothing.[4] Lower duties on Indian garments will cut the landed cost of silk sarees, scarves and dresses for British retailers. Cheaper imported sarees and scarves support an expected 9.2% CAGR for British silk sales.

Key takeaway: Lower tariffs on Indian clothing support silk sales in the United Kingdom.

China Silk Market Outlook (2026 to 2036)

Hermès grew sales in Asia-Pacific excluding Japan by only 2.4% at constant exchange rates for H1 2026.[1] Chinese reelers and weavers such as Zhejiang Jiaxin Silk and Wujiang First Textile supply domestic brands and exporters, and domestic buyers are trading up to branded silk. China will grow at about 9%.

Key takeaway: Domestic trading up supports China as luxury demand recovers slowly.

India Silk Market Outlook (2026 to 2036)

India exported about INR 1,330.96 crore of handloom products in 2025-26, and Tussar sarees were among the weaves shown at IFFI 2025, the Ministry of Textiles said on 6 August 2026.[7] Weddings and festivals keep demand for silk sarees high, and handloom weavers will sell more through exports and online stores. India grows at a projected 8.8%.

Key takeaway: Saree demand and handloom exports carry India above the silk market rate.

United States Silk Market Outlook (2026 to 2036)

Hermès sales in the Americas rose 15.3% at constant exchange rates between January and June 2026, and Burberry reported 12% comparable growth in the Americas for the June quarter.[1][5] American buyers of scarves, ties, lingerie and bedding import most finished silk, and FMI places the United States at 8.5%.

Key takeaway: Luxury accessory buying keeps the United States just above the silk market rate.

Italy Silk Market Outlook (2026 to 2036)

Italian weaving and printing mills supply fashion houses across Europe, and Europe excluding France gave Hermès 8.8% growth at constant exchange rates over the same six months.[1] Mature mills compete on design and finishing, and Italy is projected to grow at 7.7%.

Key takeaway: Italian mills compete on design, and growth there stays below the silk market rate.

France Silk Market Outlook (2026 to 2036)

Paris couture houses buy silk in small, high-value lots, and AMSilk silk protein yarns appeared in the Balenciaga 55th Couture Collection in August 2026.[3] LVMH reported a 1% organic fall in Fashion and Leather Goods for the first half of 2026.[6] France is projected at 7.5%, the lowest profiled rate.

Key takeaway: Mature couture demand puts France last among the profiled countries.

Who are the notable companies in the silk market?

Bolt Threads, ShengKun Silk Manufacturing, Sichuan Nanchong Liuhe, Anhui Silk, Zhejiang Jiaxin Silk, Wujiang First Textile, Wujiang Wanshiyi Silk, Jiangsu Sutong Cocoon and Silk, AMSilk, Libas Textiles and Hermès are the profiled companies.

Silk Market Company Highlight
Silk Market Company Highlight

Chinese reelers and weavers, biotech silk protein makers, an Indian garment maker and a luxury silk goods house make up the eleven profiled companies. AMSilk agreed a long-term manufacturing and supply contract with Ajinomoto Foods Europe in July 2026.[2] Hermès sold EUR 469 million of silk and textiles in the six months to June 2026.[1] ShengKun Silk Manufacturing, Sichuan Nanchong Liuhe, Anhui Silk, Zhejiang Jiaxin Silk, Wujiang First Textile, Wujiang Wanshiyi Silk and Jiangsu Sutong Cocoon and Silk reel and weave cocoon silk.

  • Chinese reelers and weavers: ShengKun Silk Manufacturing, Sichuan Nanchong Liuhe, Anhui Silk, Zhejiang Jiaxin Silk, Wujiang First Textile, Wujiang Wanshiyi Silk and Jiangsu Sutong Cocoon and Silk.
  • Biotech silk protein makers: AMSilk and Bolt Threads.
  • Silk goods and garment makers: Hermès and Libas Textiles.

Competitive Benchmarking: Silk Market

Table 7: Competitive Benchmarking for the Silk Market (qualitative documentation ratings), 2026

Company Cocoon Silk Volume Protein Technology Brand Reach Recency
AMSilk Low High Medium High
Hermès Low Low High High
Zhejiang Jiaxin Silk High Low Low Low
Jiangsu Sutong Cocoon and Silk High Low Low Low
Bolt Threads Low Medium Medium Low

Grades reflect dated public disclosures by each company since May 2025 and say nothing about market share.

Key Developments in the Silk Market

  • On 15 October 2026, AMSilk was named to the TIME Best Inventions of 2026 list.[9]
  • On 6 August 2026, the Ministry of Textiles in India published a National Handloom Day 2026 note with 2025-26 handloom exports.[7]
  • On 4 August 2026, AMSilk said silk protein yarns featured in the Balenciaga 55th Couture Collection.[3]
  • Silk and Textiles sales at Hermès reached EUR 469 million for January to June 2026, the company said on 29 July 2026.[1]
  • LVMH put H1 2026 Fashion and Leather Goods sales at EUR 18.1 billion in results dated 27 July 2026.[6]
  • Comparable retail sales at Burberry grew 5% in the first quarter, according to a 17 July 2026 trading update.[5]
  • On 8 July 2026, AMSilk and Ajinomoto Foods Europe signed a long-term silk protein manufacturing agreement.[2]
  • UKFT confirmed on 18 June 2026 that the UK-India trade agreement would enter into force on 15 July 2026.[4]
  • On 9 September 2025, AMSilk secured EUR 52 million of strategic financing.[8]

Key Players in the Silk Market

Chinese Reelers and Weavers

  • ShengKun Silk Manufacturing
  • Sichuan Nanchong Liuhe
  • Anhui Silk
  • Zhejiang Jiaxin Silk
  • Wujiang First Textile
  • Wujiang Wanshiyi Silk
  • Jiangsu Sutong Cocoon and Silk

Biotech Silk Protein Makers

  • AMSilk
  • Bolt Threads

Silk Goods and Garment Makers

  • Hermès
  • Libas Textiles

Silk Market - Report Scope

Table 8: Report Scope for the Silk Market (coverage fields and definitions), 2026 to 2036

Coverage field Report scope
Market breakdown Silk type; end use; region
Quantitative units USD billion
Market definition Raw silk, silk yarn, silk fabric and silk-based goods from mulberry, tussar, eri and other silks, plus silk proteins, sold for textile, cosmetic and medical uses.
Regions covered North America; Latin America; Western Europe; Eastern Europe; East Asia; South Asia and Pacific; Middle East and Africa
Countries covered United States; Canada; Brazil; Mexico; Argentina; Chile; Germany; France; United Kingdom; Italy; Spain; Benelux; Nordics; Poland; Czech Republic; Romania; Hungary; China; Japan; South Korea; India; ASEAN; Australia and New Zealand; GCC Countries; South Africa; Türkiye; Israel
Key companies profiled Bolt Threads, ShengKun Silk Manufacturing, Sichuan Nanchong Liuhe, Anhui Silk, Zhejiang Jiaxin Silk, Wujiang First Textile, Wujiang Wanshiyi Silk, Jiangsu Sutong Cocoon and Silk, AMSilk, Libas Textiles, Hermès
Forecast period 2026 to 2036

Silk Market - Research Methodology

Table 9: Research Methodology for the Silk Market (research methods and approach), 2026 edition

Method Approach
Data Sources Luxury group results, biotech silk company releases, government textile notes, trade body notices and fashion trade press from May 2025 onward.
Desk Research Desk research covers luxury accessory sales, heritage weaving, cocoon supply, silk protein capacity and trade rules.
Market Sizing and Forecasting Sizing starts from the 2026 base of USD 23.5 billion and the 8.4% CAGR to 2036.
Data Validation Sales, capacity and trade figures were checked against the company, ministry or trade body that published them.

Silk Market by Segments

Silk Market segmented by Silk Type:

  • Mulberry Silk
  • Eri Silk
  • Tussar Silk
  • Others

Silk Market segmented by End Use:

  • Textile
  • Cosmetics
  • Medical

Silk Market by Region

  • North America
    • United States
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Chile
  • Western Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Benelux
    • Nordics
  • Eastern Europe
    • Poland
    • Czech Republic
    • Romania
    • Hungary
  • East Asia
    • China
    • Japan
    • South Korea
  • South Asia and Pacific
    • India
    • ASEAN
    • Australia and New Zealand
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Türkiye
    • Israel

Research Sources and Bibliography

This bibliography is provided for reader reference. The full report contains the complete reference list and detailed citations.

This Report Answers

  • How big is the silk market during 2026?
  • What market size is projected by 2036?
  • Which silk type holds notable share?
  • Which end use holds notable share?
  • Which countries have notable growth?
  • Which companies are notable in the market?

Frequently Asked Questions

How large is the silk market expected in 2026?

In 2026 silk sales are expected to reach USD 23.5 billion on FMI data, after USD 21.7 billion in 2025. The silk market is projected to reach USD 52.7 billion by 2036.

What CAGR is projected for the silk market through 2036?

FMI puts silk market growth at an 8.4% CAGR for the decade to 2036. Luxury silk accessories and new uses for silk protein drive that growth.

Which silk type holds a notable market share in 2026?

The largest silk type is mulberry silk, likely to hold an estimated 79% share in 2026. Tussar silk follows at about 9.6%.

Which end use holds a notable market share in 2026?

An estimated 67.2% share in 2026 is expected for textiles. Cosmetics come next at about 21.3%.

Which country has a notable expansion outlook through 2036?

South Korea has the quickest profiled outlook, a 9.5% CAGR. Japan follows at 9.4%.

Who are the key companies in the silk market?

Zhejiang Jiaxin Silk, Wujiang First Textile, Jiangsu Sutong Cocoon and Silk and other Chinese reelers are profiled with AMSilk, Bolt Threads and Hermès. ShengKun Silk Manufacturing, Sichuan Nanchong Liuhe, Anhui Silk, Wujiang Wanshiyi Silk and Libas Textiles complete the group.

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Silk Market