Silk Market Dynamics: Trends, Challenges, and Future Opportunities in the Global Textile Economy
The global silk market is poised for steady growth through 2025, driven by rising demand across textiles, cosmetics, and medical applications. As consumers increasingly seek natural and eco-friendly products, silk has re-emerged as a premium material that aligns with sustainability trends. The market is witnessing both traditional dominance from Asia-Pacific regions and growing traction in Western markets, particularly in luxury apparel and skincare industries. Get a Free Sample Report - https://www.skyquestt.com/sample-request/silk-market Market Size and Growth Trends The silk market size was valued at USD 18.6 billion in 2024 to USD 31.72 billion by 2032. Growth is projected to maintain a compound annual growth rate (CAGR) of 6.9% over the next few years, supported by both demand-side expansion and supply-side innovations in silk farming and processing. Urbanization, increasing disposable income, and an affinity toward premium fabrics are key drivers contributing to this g...