The silk market is projected to be worth USD 20.0 billion in 2024. The market is anticipated to reach USD 44.6 billion by 2034. The market is further expected to surge at a CAGR of 8.4% during the forecast period 2024 to 2034.
Attributes | Key Insights |
---|---|
Silk Market Estimated Size in 2024 | USD 20.0 billion |
Projected Market Value in 2034 | USD 44.6 billion |
Value-based CAGR from 2024 to 2034 | 8.4% |
Emerging markets, particularly in Asia Pacific regions such as China, India, and Southeast Asia, are witnessing growing demand for silk products due to rising disposable incomes and increasing fashion consciousness among consumers.
The scope for silk rose at a 9.6% CAGR between 2019 and 2023. The global market is anticipated to grow at a moderate CAGR of 8.4% over the forecast period 2024 to 2034.
The silk market likely experienced steady demand growth during the historical period, driven by factors such as rising disposable incomes, fashion trends, and the increasing popularity of silk products in both traditional and emerging markets.
Advances in sericulture technology, silk processing techniques, and textile manufacturing likely contributed to improved silk quality, production efficiency, and cost effectiveness.
The silk market may have expanded into new geographical regions and diversified product offerings to meet evolving consumer preferences and market demands. Trade agreements, tariff policies, and market liberalization measures may have influenced global trade flows and market dynamics in the silk industry.
The forecast projections of the market anticipate continued growth in the silk market driven by factors such as population growth, urbanization, and changing consumer lifestyles. Innovation in silk blends, textile technologies, and product applications is expected to drive product differentiation, market competitiveness, and consumer interest in silk products.
The adoption of digital technologies, e-commerce platforms, and online retailing channels is likely to reshape the silk market landscape, enabling market players to reach a wider audience and enhance customer engagement.
Silk is often associated with luxury due to its softness, luster, and durability. The demand for luxury fabrics like silk is expected to increase, as disposable incomes rise globally, especially in emerging economies.
Silk production involves labor intensive processes, including silkworm rearing, cocoon harvesting, and silk extraction. High production costs, including labor costs, feed costs, and energy expenses, can impact the profitability of silk farming and manufacturing operations.
The below table showcases revenues in terms of the top 5 leading countries, spearheaded by Korea and Japan. The countries are expected to lead the market through 2034.
Countries | Forecast CAGRs from 2024 to 2034 |
---|---|
The United States | 8.5% |
China | 9.0% |
The United Kingdom | 9.2% |
Japan | 9.4% |
Korea | 9.5% |
The silk market in the United States expected to expand at a CAGR of 8.5% through 2034. The country has a large consumer base with a growing appreciation for luxury textiles.
Silk is often perceived as a premium fabric associated with elegance and sophistication, making it desirable among consumers seeking high quality clothing, accessories, and home furnishings.
The fashion industry in the United States sets global trends and drives demand for premium textiles, including silk. American designers and fashion houses frequently incorporate silk fabrics into their collections, contributing to the popularity of silk garments and accessories among consumers in the market.
The silk market in the United Kingdom is anticipated to expand at a CAGR of 9.2% through 2034. There is a growing trend towards sustainability and ethical fashion in the country, driven by consumer demand for environmentally friendly and socially responsible products.
Sustainable silk production methods, such as organic silk farming and cruelty free silk harvesting, align with the values of environmentally conscious consumers and contribute to the growth of the silk market.
The United Kingdom has a well-developed e-commerce infrastructure and a growing online retail market. E-commerce platforms and digital marketplaces offer a convenient and accessible channel for British consumers to purchase silk products from domestic and international brands, driving growth in the online silk market.
Silk trends in China are taking a turn for the better. A 9.0% CAGR is forecast for the country from 2024 to 2034. The country has a long standing tradition of silk production, dating back to ancient times.
Silk weaving techniques and craftsmanship have been passed down through generations, contributing to the preservation and promotion of traditional silk making skills and heritage practices. The appreciation for rich history and cultural significance of silk enhances its desirability and market appeal in China.
The rapid economic growth and rising affluence of China have led to increased consumer spending power and a growing demand for luxury goods and premium textiles. Chinese consumers have greater purchasing power to invest in high quality silk products for clothing, home furnishings, and gift giving purposes, as disposable incomes rise.
The silk market in Japan is poised to expand at a CAGR of 9.4% through 2034. The country is renowned for its high quality silk products, including kimono fabrics, obi sashes, and traditional textiles.
Japanese silk is prized for its softness, luster, and superior craftsmanship, making it highly desirable among domestic consumers and international markets seeking premium silk products.
Japan has a strong tradition of craftsmanship and artisanal skills, which are applied to the production of silk textiles and garments. Traditional silk weaving, dyeing, and embroidery techniques are passed down through generations, preserving cultural heritage and promoting the artistry of Japanese silk craftsmanship.
The silk market in Korea is anticipated to expand at a CAGR of 9.5% through 2034. Rich cultural heritage and tourist attractions in the country, including silk museums, traditional villages, and cultural festivals, attract visitors from around the world who seek immersive experiences and authentic encounters with Korean culture.
Tourism related activities and souvenir purchases contribute to the demand for silk products and support the growth of the silk market in the country. Korean manufacturers are known for their innovation in textile blending and product development.
They create fabrics with enhanced properties such as stretch, durability, or moisture wicking capabilities, by blending silk with other fibers such as cotton, polyester, or spandex. The innovative silk blends cater to diverse consumer needs and expand the application scope of silk in various industries including fashion, sportswear, and technical textiles.
The below table highlights how eri silk segment is projected to lead the market in terms of type, and is expected to account for a CAGR of 8.2% through 2034. Based on end user, the textile segment is expected to account for a CAGR of 8.0% through 2034.
Category | CAGR through 2034 |
---|---|
Eri Silk | 8.2% |
Textile | 8.0% |
Based on type, the eri silk segment is expected to continue dominating the silk market. Increasing concerns about animal welfare and cruelty free production practices have prompted consumers to seek alternatives to conventional silk that involve the killing of silkworms during the harvesting process
. Eri silk, which allows the silkworms to live out their natural life cycle, appeals to consumers who prioritize ethical and humane treatment of animals.
Eri silk possesses unique characteristics and qualities that differentiate it from other types of silk. It is known for its softness, warmth, and durability, making it suitable for a wide range of textile applications including clothing, accessories, home furnishings, and upholstery. The distinctive texture and natural color variations of Eri silk add to its appeal among consumers and designers.
In terms of end user, the textile segment is expected to continue dominating the silk market. Silk has long been associated with luxury, elegance, and prestige in the textile industry.
The textile segment, including luxury fashion houses, designer brands, and high end retailers, drives the demand for silk fabrics and garments due to their inherent qualities such as softness, luster, and drapability.
The textile segment drives demand for silk fabrics and garments by shaping fashion and design trends in the global marketplace.
Fashion designers, trend forecasters, and textile experts influence consumer preferences and purchasing decisions through runway shows, fashion collections, and design collaborations that showcase silk as a desirable and fashionable material.
The competitive landscape of the silk market is characterized by a diverse range of players operating across the silk value chain, including silk producers, manufacturers, distributors, and retailers. The players compete based on factors such as product quality, innovation, pricing, distribution channels, and brand reputation.
Company Portfolio
Attribute | Details |
---|---|
Estimated Market Size in 2024 | USD 20.0 billion |
Projected Market Valuation in 2034 | USD 44.6 billion |
Value-based CAGR 2024 to 2034 | 8.4% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in USD billion |
Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa |
Key Market Segments Covered | Type, End User, Region |
Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, France, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel |
Key Companies Profiled | Bolt Threads; ShengKun Silk Manufacturing Co. Ltd.; Sichuan Nanchong Liuhe (Group) Corp; Anhui Silk Co. Ltd; Zhejiang Jiaxin Silk Co., Ltd; Wujiang First Textile Co., Ltd.; Wujiang Wanshiyi Silk Co. Ltd.; Jiangsu Sutong Cocoon And Silk Co; Amsilk GmbH; Libas Textiles Ltd. |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Meter) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 4: Global Market Volume (Meter) Forecast by Type, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 6: Global Market Volume (Meter) Forecast by End User, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 10: North America Market Volume (Meter) Forecast by Type, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 12: North America Market Volume (Meter) Forecast by End User, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 16: Latin America Market Volume (Meter) Forecast by Type, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 18: Latin America Market Volume (Meter) Forecast by End User, 2019 to 2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 22: Western Europe Market Volume (Meter) Forecast by Type, 2019 to 2034
Table 23: Western Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 24: Western Europe Market Volume (Meter) Forecast by End User, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 28: Eastern Europe Market Volume (Meter) Forecast by Type, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 30: Eastern Europe Market Volume (Meter) Forecast by End User, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Meter) Forecast by Type, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Meter) Forecast by End User, 2019 to 2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 40: East Asia Market Volume (Meter) Forecast by Type, 2019 to 2034
Table 41: East Asia Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 42: East Asia Market Volume (Meter) Forecast by End User, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Meter) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Meter) Forecast by Type, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Meter) Forecast by End User, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Type, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by End User, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Meter) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 9: Global Market Volume (Meter) Analysis by Type, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 13: Global Market Volume (Meter) Analysis by End User, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 16: Global Market Attractiveness by Type, 2024 to 2034
Figure 17: Global Market Attractiveness by End User, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Type, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by End User, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 27: North America Market Volume (Meter) Analysis by Type, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 31: North America Market Volume (Meter) Analysis by End User, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 34: North America Market Attractiveness by Type, 2024 to 2034
Figure 35: North America Market Attractiveness by End User, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Type, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by End User, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 45: Latin America Market Volume (Meter) Analysis by Type, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 49: Latin America Market Volume (Meter) Analysis by End User, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Type, 2024 to 2034
Figure 53: Latin America Market Attractiveness by End User, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) by Type, 2024 to 2034
Figure 56: Western Europe Market Value (US$ Million) by End User, 2024 to 2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 63: Western Europe Market Volume (Meter) Analysis by Type, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 67: Western Europe Market Volume (Meter) Analysis by End User, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Type, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by End User, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ Million) by Type, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ Million) by End User, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Meter) Analysis by Type, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Meter) Analysis by End User, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Type, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by End User, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Type, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by End User, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Meter) Analysis by Type, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Meter) Analysis by End User, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Type, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by End User, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ Million) by Type, 2024 to 2034
Figure 110: East Asia Market Value (US$ Million) by End User, 2024 to 2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 117: East Asia Market Volume (Meter) Analysis by Type, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 120: East Asia Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 121: East Asia Market Volume (Meter) Analysis by End User, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Type, 2024 to 2034
Figure 125: East Asia Market Attractiveness by End User, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Type, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ Million) by End User, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Meter) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Meter) Analysis by Type, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Meter) Analysis by End User, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Type, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by End User, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The silk market is projected to reach a valuation of USD 20.0 billion in 2024.
The silk industry is set to expand by a CAGR of 8.4% through 2034.
The silk market is forecast to reach USD 44.6 billion by 2034.
Korea is expected to be the top performing market, exhibiting a CAGR of 9.5% through 2034.
Eri silk segment is preferred, and is expected to account for a CAGR of 8.2% through 2034.
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