The global silk market is forecasted to grow at a CAGR of 7.42% during the period 2017-2021

November 29, 2017 | By forimmediaterelease.net - | Filed in: Press Releases.

LONDON, Nov. 28, 2017 /PRNewswire/ — About Silk

Silk is a soft, shiny, and shimmering fiber that is processed into silk fabric. Silk is a natural protein fiber that is mainly composed of a protein fiber called fibroin. Silk is primarily produced by the larvae of silkworms and certain other insects such as web spinners, raspy crickets, bees, ants, and spiders. The silk that is derived from Mulberry silkworm yields the best silk. The cultivation of silkworms to produce silk is called sericulture or silk farming. Sericulture is a labor-intensive industry and is mostly concentrated in the rural regions of more than 50 countries across the globe. The entire process of the production of silk involves several steps.

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Technavio’s analysts forecast the global silk market to grow at a CAGR of 7.42% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global silk market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio’s report, Global Silk Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• AMSilk
Anhui Silk
• Kraig Biocraft Laboratories
• Shengkun Silk Manufacturing
• Wujiang First Textile

Other prominent vendors
• Bolt Threads
• Camenzind
• China Silk Corporation
• Eastern Silk Industries
• EntoGenetics
• Jinchengjiang Xinxing Cocoon Silk
• Sichuan Nanchong Liuhe
• Spiber Technologies
• Wensli Group
• Wujiang Wanshiyi Silk
• Z&Z Digital Textile

Market driver
• Increasing requirement of silk in the textile industry
• For a full, detailed list, view our report

Market challenge
• Health hazards during silkworm rearing
• For a full, detailed list, view our report

Market trend
• Increasing R&D on spider silk
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Download the full report: https://www.reportbuyer.com/product/5219338

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