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Silk Market Research Report Information By Type (Mulberry Silk and Non-Mulberry Silk (Tussar Silk, Eri Silk, Muga Silk, Spider Silk and Others)), By Application (Textile (Apparel, Home Interior, Foot Wear, Medical Textile, and Others), Healthcare and Personal Care & Cosmetics), And By Region (North America, Europe, Asia-Pacific, Latin America And Middle East & Africa) –Market Forecast Till 2030.


ID: MRFR/CnM/6992-CR | 235 Pages | Author: Priya Nagrale| April 2023

Global Silk Market Overview


Silk Market Size was valued at USD 9,789.00 million in 2022. The Silk industry is projected to grow from USD 10,608.34 million in 2023 to USD 18,621.33 million by 2030, exhibiting a compound annual growth rate (CAGR) of 8.37% during the forecast period (2023 - 2030). The high demand for silk in textile industry and increasing use in cosmetics and personal care industry are the key market drivers boosting the growth of the silk market.Silk Market OverviewSource: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Silk Market Trends




  • The emergence of technological advancements in sericulture is expected to drive market growth.




Sericulture has experienced a significant transition as a result of newer technologies that could have an impact on the many features of silkworms emerging from the field of biotechnology. A variety of challenges in silkworms are being addressed by the use of technologies like gene therapy, gene editing, nano-biotechnology, transgenic technology, etc. These challenges include producing transgenic silkworms with increased cocoon quality and quantity, using silk as a biomaterial in the medical and pharmaceutical industry, etc. Silk is a fantastic biomaterial for a wide range of technological and medical applications because of its special qualities, including strength, elasticity, biodegradability, biocompatibility, and mechanical robustness related numerous biomedical uses.


Scientists have developed thin silk by introducing a gene for an acidic peptide into a silkworm. This silk is thinner than the original silk. High-yielding silkworm hybrids were developed using the DNA marker technology and then released to farmers of many places like Andhra Pradesh, Karnataka, and Tamil Nadu in India. Transgenic B. mori was produced by RNA interference (RNAi) for viral resistance against nucleopolyhydra virus BmNPV. These advancements were made at the genetic level by modifying the moth itself. Technologies like smart sensors, image processing, and Arduino-aided Internet of Things (IoT) that provide real-time data to sericulture practitioners are all being employed more frequently throughout the production monitoring phase. The innovation has emerged as a technological remedy for the issues in sericulture, in addition to being affordable, simple to use, and easy to maintain.


Genetic modifications have been in the mulberry plant for abiotic stress and higher yields. Moreover, the characterization of anti-bacterial proteins in silkworms has led to the discovery of unique insect-specific lysozyme. The development of bio-control agents against root rot, root-knot, and nursery diseases of mulberry plant and bed disinfectants against various silkworm diseases coupled with the development of integrated pest management measures against various pests of mulberry and silkworms for better yield is likely to increase the demand for silk during the assessment period. Hence, emerging adoption of technological advancements in sericulture is expected to boost market growth


Silk Market Segment Insights


Silk Type Insights


Based on Type, the Silk Market segmentation includes mulberry silk and non-mulberry silk. The non-mulberry silk can be tussar silk, muga silk, eri silk, spider silk and others. The mulberry silk segment held the majority share in 2022, contributing around ~58-62% to the market revenue. Mulberry silk is one of the most important and least expensive types of silk fabrics. It comes from the silkworm, Bombyx mori L, which solely feeds on the leaves of the mulberry plant. These silkworms are completely domesticated and reared indoors. While non-mulberry silks are commercially available silks that are produced from regional and wild silkworms. The Tussar silk market holds the largest share among non-mulberry silk segments.


Figure1: Silk Market, by Type, 2022 & 2030 (USD Billion)Silk Market, by TypeSource: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Silk Application Insights


The Silk Market segmentation, based on application, includes textiles (apparel, foot wear, home interior, medical textile, and others), healthcare and personal care & cosmetics. Textile segment dominated the market in 2022 and is expected to continue dominating the market during the forecast period 2022-2030. Silk is widely used in the textile industry in applications such as apparel, home interior, medical textiles, footwear, and others. In apparel, silk is widely used in the production of high-performance activewear, sarees, aesthetic apparel, wedding dresses, gowns, blouses, scarves, etc. Home interiors include pillows, house linens, bedsheets, curtains, etc. The footwear segment includes active sports footwear clothing. Medical textiles include medical-grade apparel, linens, etc., and technical textiles include workwear. The others segment includes automotive textiles, aerospace textiles, etc.


Silk Market Regional Insights


By Region, the study provides market insights into North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. The Asia-Pacific silk market accounted for ~55-60% market share in 2022 and is expected to exhibit a significant CAGR growth during the study period.


The Asia-Pacific region is home to various leading silk producers in the market due to the ease of availability of raw material in this region. The region includes countries such as China, Japan, and India. The high growth of silk market in this region can be attributed to the rise in population, favorable climatic conditions for sericulture, and large extent of export of silk products ly.


The China silk market and India silk market are increasing demand due to the quality and government initiatives to promote silk production. In China Silk market, state action plans have included initiatives to promote silk production, silkworm rearing, and mulberry production while also increasingly using intelligent technology advancements of the silk market.


Figure2: SILK MARKET SIZE BY REGION 2022 & 2030SILK MARKET SIZE BY REGIONSource: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Further, the major countries studied in the market report are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


In the North America silk market, increasing investments are being made in the industry as silk is recognized as a finest fiber among others. Improvement in quality of silk has been a major factor to promote the silk market in North America. The fast pace fashion industry booming in this region, especially the US silk market has let to a substantial growth in the textile industry in this region, this has let to an expanding market space for the silk market in this region. Major garment businesses are choosing silk material as their primary resource for producing goods, expanding their current product line and at the same time expanding silk market reach North America.


The Europe market has progressively adopted the silk market, which has been advanced by the various green initiatives being adopted in the region. The textile ecosystem in Europe adds value to the silk market while fostering investments, innovations and increasing growth opportunities. The Italy silk market dominates the Europe market followed by the Germany silk market in the region.


Silk Market Key Market Players& Competitive Insights


Major market players are spending a lot of money on R&D to increase their product lines, which will help the silk market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Silk Industry are expanding their market presence ly as the market is expected to boom in the future.


AMSilk GmbH (AMSilk) is involved in the development and production of high-performance materials. The company offers synthetic silk biopolymers made from spider silk. The product manufactured by the company is utilized for aerospace, textile, automotive, sports, and medical applications. It also provides silk-based solutions to medical devices to boost their compatibility and implementation. The company offers its products under the Biosteel tradename. The company follows Good Manufacturing Practice (GMP) and Good Laboratory Practice (GLP).


Anhui Silk is one of the major manufacturers and exporters of various fabrics based in China. It mainly deals in manufacturing and developing chemical fiber, silk products, cotton, wool, cocoon, and other fabrics. The company offers silk fabric, cotton fabric, wool fabric, synthetic & blended fabric, knitted fabrics, silk material, and trimming products under its product portfolio. Under trimming product portfolio, it offers tags, labels, ribbons, and bags. The company offers its product under ISO9001: 2008 quality system certification.


The Silk Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.


Key Companies in the Silk Market include




  • AMSilk GmbH (Germany)




  • Anhui Silk (China)




  • Kraig Biocraft Laboratories, Inc. (US)




  • Wujiang First Textile Co., Ltd (China)




  • Eris LLP (India)




  • Bolt Threads (India)




  • Spiber Inc. (Japan)




  • Sharda Group of Indian Silk Industries (India)




Silk Industry Developments




  • In October 2020, Spiber Inc partnered with Archer Daniels Midland Company (ADM) to expand its production of brewed protein polymer for apparel and other consumer products.






  • In October 2020, Spiber Inc announced the opening of its two subsidiaries in the US, namely, Spiber Holdings America Inc. and Spiber America LLC, to expand its operations in the US.






  • In January 2021, Kraig announced a joint venture with MtheMovement, a part of Kings Group, an eco-friendly luxury streetwear apparel line. Under this joint venture, MtheMovement will develop and sell Kraig’s spider silk fibers under the trade name SpydaSilk.




Silk Market Segmentation


Silk type Outlook




  • Non-Mulberry Silk




    • Tussar Silk




    • Eri Silk




    • Muga Silk




    • Spider Silk




    • Others






  • Mulberry Silk




Silk Application Outlook




  • Textile




    • Apparel




    • Home Interior




    • Foot Wear




    • Medical Textiles




    • Others






  • Healthcare




  • Personal Care & Cosmetics




Silk Market Regional Outlook




  • North America




    • US




    • Canada






  • Europe




    • Germany




    • France




    • UK




    • Italy




    • Spain




    • Rest of Europe






  • Asia-Pacific




    • China




    • Japan




    • India




    • Australia




    • South Korea




    • Australia




    • Rest of Asia-Pacific






  • Rest of the World




    • Middle East




    • Africa




    • Latin America





Report Attribute/Metric Details
Market Size2022 USD 9,789 million
Market Size 2023 USD 10,608. 34 million
Market Size 2030 USD 18,621. 33 million
Compound Annual Growth Rate (CAGR) 8.37% (2023-2030)
Base Year 2022
Market Forecast Period 2023-2030
Historical Data 2019- 2021
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Application, and Region
Geographies Covered Europe, North America, Asia-Pacific, and the Rest of the World
Countries Covered The U.S, Germany, Canada, U.K., Italy, France, Spain, Japan, China, Australia, India, South Korea, and Brazil
Key Companies Profiled AMSilk GmbH, Anhui Silk, Kraig Biocraft Laboratories, Inc., WUJIANG FIRST TEXTILE CO., LTD., Eris LLP, Bolt Threads, Spiber Inc., and Sharda Group of Indian Silk Industries
Key Market Opportunities Technical Advancements in sericulture Growing applications in the healthcare industry
Key Market Dynamics High demand for silk in textile industry Use in the cosmetics & personal care industry


Frequently Asked Questions (FAQ) :

The Silk Market size is expected to be was valued at USD 9,789 Million in 2022

The market is projected to grow at a CAGR of 8.37% during the forecast period, 2023-2030

Asia-Pacific had the largest share of the market

The key players in the market are AMSilk GmbH, Anhui Silk, Kraig Biocraft Laboratories, Inc., WUJIANG FIRST TEXTILE CO., LTD., Eris LLP, Bolt Threads, Spiber Inc., and Sharda Group of Indian Silk Industries

The textile category dominated the market in 2022

Mulberry silk had the largest revenue share of the market

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