The global silk market is weaving a path to remarkable growth, expected to reach 34.2 billion USD by 2031.
Silk, a symbol of luxury and elegance, is poised to embark on a glorious journey in the global market. In 2022, the global silk market demonstrated its resilience and grandeur, achieving an astonishing revenue of approximately 16.87 billion USD. Future forecasts are equally promising, with a projected compound annual growth rate (CAGR) of 8.2% from 2023 to 2031. By 2031, the silk market is expected to thrive, with an estimated valuation reaching 34.2 billion USD. Known for its softness, luster, and remarkable versatility, silk has been woven into various aspects of our lives, from high-fashion garments and luxurious bedding to medical applications. This special fabric continues to captivate the imagination of consumers worldwide. For application details, please check the [PDF download] button or apply directly through the related links.
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Overview of Segmentation The global silk market is classified based on type, end-user, and region. By Type - Mulberry Silk - Tussah Silk - Eri Silk - Others By End-User in India - Textiles - Cosmetics and Medical Key Companies: - Jiangsu Sutong Cocoon & Silk Co - AMSilk GmbH - Zhejiang Jiaxin Silk Co. Ltd - Wujiang First Textile Co Ltd - ShengKun Silk Manufacturing Co Ltd - Libas Textiles Ltd - Bolt Threads - Anhui Silk Co Ltd - Wujiang Wanshiyi Silk Co Ltd - Sichuan Nanchong Liuhe (Group) Corp
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