Key Insights
Essential data points from our research
The global silk market size was valued at USD 16.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030
Silk accounts for less than 0.2% of the global textile fiber market, highlighting its status as a niche luxury product
The total world production of raw silk is approximately 91,834 metric tonnes according to recent ISC data
China produces approximately 53,000 to 60,000 metric tonnes of raw silk annually, retaining the #1 spot globally
India is the second largest producer of silk in the world, producing roughly 33,770 metric tonnes (2021-22)
Uzbekistan ranks as the third-largest producer of silk, contributing approximately 2,000 to 2,400 tonnes annually
The sericulture industry employs approximately 9.2 million people in India, mostly in rural areas
In China, over 10 million farmers are involved in sericulture and cocoon production
Women constitute approximately 60% of the workforce in the Indian sericulture industry
It takes approximately 2,500 to 3,000 cocoons to produce one yard of woven silk fabric
Mulberry silk (Bombyx mori) represents 95% of total production in India specifically
Eri silk is unique as it is a "peace silk" (Ahimsa), processed without killing the pupae
China exported USD 1.34 billion worth of Raw Silk in 2021, making it the world's largest exporter
Vietnam is the second largest exporter of Raw Silk globally, with exports valued at $317 million in 2021
The United States is the top importer of silk fabric and garments, importing over $3.6 billion annually
Employment & Socio-Economic Impact
- The sericulture industry employs approximately 9.2 million people in India, mostly in rural areas
- In China, over 10 million farmers are involved in sericulture and cocoon production
- Women constitute approximately 60% of the workforce in the Indian sericulture industry
- Sericulture transfers approximately 54.6% of the final fabric value back to the cocoon growers
- One hectare of mulberry plantation creates direct employment for about 12-13 people year-round in India
- In Uzbekistan, the government provides free mulberry seedlings to support the 40,000+ farmers involved in seasonal cocoon rearing
- In Thailand, over 100,000 households engage in sericulture as a secondary integrated farming activity
- Sericulture is considered a low-investment sector, costing only USD 500-700 to start a small unit in rural Asia
- Post-cocoon sectors (reeling and weaving) employ 1.5 million people in India, separate from farming
- In Vietnam, the silk industry supports approximately 20,000 households in the Central Highlands
- Tribal populations in India account for nearly 100% of the Vanya (wild) silk production workforce
- The average income of sericulture farmers in India has increased by roughly 20-25% over the last decade due to better technology
- In Brazil, the silk industry sustains roughly 2,500 rural families in the state of Paraná
- Handloom silk weaving employs over 4 million weavers in India, preserving traditional heritage
- 57% of the gross value of silk goods flows to cocoon growers in established clusters, indicating high equity
- Global sericulture projects by the ISC aim to reduce rural poverty in Africa by introducing silk farming to 5,000 families by 2025
- In Bangladesh, the silk industry is regaining traction, employing over 600,000 people directly and indirectly
- 80% of silk workers in the reeling sector in Karnataka, India are women
- The "Silk Mark" organization certifies 4,000+ authorized users, protecting the livelihoods of genuine producers
- Sericulture generates employment at lower capital cost compared to general textile mills (ratio roughly 1:4)
Interpretation
More than a symbol of luxury, silk quietly spins livelihoods across rural Asia and beyond, employing tens of millions—mostly women and tribal communities—and returning over half the retail value to cocoon growers while a single hectare of mulberry can sustain a dozen workers year-round, post-cocoon reeling and handloom weaving provide millions more jobs, modest start-up costs and public support are boosting incomes and expanding the sector, and certification and traditional skills help ensure this low-capital, high-equity industry truly weaves poverty reduction into local economies.
Global Production & Market Size
- The global silk market size was valued at USD 16.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2022 to 2030
- Silk accounts for less than 0.2% of the global textile fiber market, highlighting its status as a niche luxury product
- The total world production of raw silk is approximately 91,834 metric tonnes according to recent ISC data
- The Asia-Pacific region dominates the market with a share of over 75% of global revenue
- The global vegan silk market is projected to reach USD 1.3 billion by 2028, growing at a CAGR of 7.9%
- By 2030, the global silk market is projected to reach approximately USD 35.8 billion
- The textile segment held the largest revenue share of the silk market at over 80% due to high demand in fashion
- Cosmetics and medical applications for silk protein (sericin and fibroin) constitute roughly 5-8% of the market innovation sector
- China alone accounts for approximately 63% of the global silk market revenue due to its manufacturing capabilities
- The demand for spider silk manufacturing is predicted to grow at a CAGR of 19.5% through 2027
- Mulberry silk accounts for roughly 90% of global commercial silk production volume
- The global cocoon production is estimated to be over 500,000 metric tonnes annually
- Europe holds the second-largest market share in terms of silk consumption, driven by the luxury fashion houses in France and Italy
- Fluctuating raw material prices are cited as a primary restraint for market growth in 45% of industry reports
- The organic silk market is witnessing a growth rate of roughly 9% annually due to sustainability trends
- North America accounts for approximately 18% of global silk imports for finished goods
- Global production of raw silk has seen a slight decline of -1.5% in recent years due to urbanization in producing countries
- The bridal wear segment is responsible for approximately 15% of total high-end silk fabric consumption globally
- Online retail channels for silk products are growing at 12% year-over-year, faster than traditional retail
- The luxury goods market, which relies heavily on silk, is expected to reach €380 billion by 2025, indirectly boosting the silk trade
Interpretation
A whisper in volume but a shout in value, silk accounts for under 0.2% of textile fibers with roughly 91,834 tonnes of raw production yet was worth $16.9 billion in 2021 and is on track to reach about $35.8 billion by 2030, dominated by Asia-Pacific and China and driven by textile and bridal demand while vegan, organic and spider-silk innovations, rising online sales and luxury spending push growth even as production dips, raw material prices wobble and cosmetic and medical uses remain a modest five to eight percent of the market.
Regional Insights
- China produces approximately 53,000 to 60,000 metric tonnes of raw silk annually, retaining the #1 spot globally
- India is the second largest producer of silk in the world, producing roughly 33,770 metric tonnes (2021-22)
- Uzbekistan ranks as the third-largest producer of silk, contributing approximately 2,000 to 2,400 tonnes annually
- Vietnam produces approximately 1,000 metric tonnes of raw silk annually, making it a key player in Southeast Asia
- Thailand produces roughly 500-600 metric tonnes of silk per year, largely focused on high-quality heritage varieties
- Brazil is the only non-Asian country producing silk on a commercial scale, with about 460 metric tonnes annually
- North Korea produces an estimated 350-400 metric tonnes of raw silk annually
- The Indian state of Karnataka produces nearly 45% of total mulberry silk in India
- Japan, once a leader, now produces less than 15 metric tonnes annually due to industrialization
- In India, the North East region accounts for 100% of the country's Oak Tasar silk production
- Sichuan and Zhejiang are the top silk-producing provinces in China, accounting for over 50% of national output
- Madagascar is a niche producer of wild silk, exporting roughly 10 tonnes of specialized fabrics annually
- Bangladesh produces approximately 40 metric tonnes of silk annually, primarily in the Rajshahi district
- Italy is the largest processor of silk in Europe, despite producing no raw silk itself, importing largely from China
- The city of Lyon in France remains a historic hub, retaining specialized silk weaving workshops for haute couture
- Iran produces roughly 250 metric tonnes of silk annually, revitalizing its ancient Silk Road heritage
- Assam, India produces 90% of the world's Muga silk (golden silk)
- Myanmar maintains a small sericulture industry producing around 20-30 tonnes annually
- Brazil exports nearly 95% of its high-quality yarn to Europe, specifically to the Hermès supply chain
- Andhra Pradesh is India's second-largest silk producing state after Karnataka
Interpretation
The global silk industry reads like a historic tapestry, with China firmly on the throne producing roughly 53,000 to 60,000 tonnes of raw silk and Sichuan and Zhejiang accounting for over half of that, India a vital runner-up at about 33,770 tonnes led by Karnataka (nearly 45 percent of India’s mulberry silk) and Andhra Pradesh as the second-largest state, Uzbekistan third with roughly 2,000 to 2,400 tonnes, Vietnam, Thailand and Brazil supplying important regional or heritage volumes (about 1,000; 500 to 600; and roughly 460 tonnes respectively, with Brazil exporting nearly 95 percent of its premium yarn to Europe and Hermès), Japan reduced to under 15 tonnes by industrialization, Iran, North Korea and Bangladesh sustaining small revivals at a few hundred tonnes, Madagascar and Myanmar supplying niche wild and small-scale silks, Lyon and Italy preserving Europe’s high-end weaving and processing despite importing raw silk, and Assam alone producing 90 percent of the world’s Muga silk while India’s North East supplies 100 percent of the country’s Oak Tasar.
Trade, Export & Import
- China exported USD 1.34 billion worth of Raw Silk in 2021, making it the world's largest exporter
- Vietnam is the second largest exporter of Raw Silk globally, with exports valued at $317 million in 2021
- The United States is the top importer of silk fabric and garments, importing over $3.6 billion annually
- India is the largest importer of Raw Silk (mostly from China) to supplement its domestic weaving industry, valued at $226M in 2021
- Italy imports approximately $150M worth of Raw Silk annually to feed its luxury textile mills in Como
- India's silk exports earned approximately USD 250 million in the financial year 2021-22
- Romania serves as a key processing hub in Eastern Europe, importing nearly $40M of raw silk
- Japan exports high-tech processed silk textiles worth over $50 million despite low raw production
- Readymade garments account for nearly 40-45% of total silk export earnings for India
- Combined, China and Vietnam account for over 85% of the global export of raw silk filaments
- France imports over $80 million in silk fabrics annually for its fashion industry
- The global trade of silk waste (HS Code 5003) was valued at $109 million in 2021
- Silk exports from Brazil to Japan have declined by 30% over the last decade due to shifting supply chains
- Silk Carpets constitute a significant portion of exports from Iran and India, with values exceeding $100M
- Tariffs on silk imports into the US can range from 0% to 6% depending on the country of origin
- Cambodia imports over $20 million in raw silk annually because domestic production meets only 1% of demand
- Germany is a major European hub for re-exporting finished silk clothing, trading over $200M annually
- The UAE serves as a growing market for silk imports, valued at over $350 million, largely for luxury retail
- Silk yarns (HS Code 5006) trade globally is valued at approximately $65 million
- Post-pandemic recovery saw a 16% increase in global silk trade volume in 2022 compared to 2020
Interpretation
Silk's global story is both elegant and precarious, with over 85% of raw filaments exported from China and Vietnam while countries such as India, Italy, France, the United States and the UAE import that material to feed mills and fashion houses, generating billions in finished goods demand and a post-pandemic rebound yet leaving the industry highly concentrated and vulnerable to shifting supply chains and modest tariffs.
Types, Methods & Sustainability
- It takes approximately 2,500 to 3,000 cocoons to produce one yard of woven silk fabric
- Mulberry silk (Bombyx mori) represents 95% of total production in India specifically
- Eri silk is unique as it is a "peace silk" (Ahimsa), processed without killing the pupae
- The carbon footprint of Indian silk is estimated at 26-30 kg CO2 equivalent per kg of silk fabric
- Conventional silk production requires approximately 20-50,000 liters of water per kg of fabric produced (life cycle)
- Spider silk has a tensile strength comparable to high-grade steel, making it the 'holygrail' of biomaterials
- Muga silk is known for its natural golden color and is the only silk with a GI (Geographical Indication) tag from Assam
- Bivoltine silk (two lifecycles per year) is considered superior quality and accounts for 73% of India's mulberry silk
- Silk fibroin is biodegradable and is increasingly used in surgical sutures and biomaterial scaffolds
- Lotus silk is extracted from lotus stems and is one of the rarest silks, produced primarily in Myanmar and Cambodia
- Recycled silk yarn market is growing, utilizing the 15-20% waste generated during reeling and weaving
- Sea silk (byssus), once harvested from Pinna nobilis, is now effectively extinct/illegal to harvest, making it a historical reference only
- Tussar silk is produced by Antheraea mylitta worms that eat Asan and Arjun leaves, not mulberry
- Cross-breed cocoons (Multivoltine x Bivoltine) constitute the majority of commercial silk in tropical zones
- ISO 15604 is the standard used for grading raw silk based on evenness, cleanness, and neatness
- Lab-grown silk (bio-fabricated) can reduce water usage by up to 90% compared to traditional sericulture
- Therendia, a new conductive silk developed by researchers, can be used for body heat harvesting
- Roughly 10kg of mulberry leaves are required for silkworms to produce 1kg of cocoons
- 85% of silk waste is reused in the spun silk industry to create different textures like Noil
- Organic silk production prohibits the use of hormones or antibiotics on the worms
Interpretation
Silk's glamour masks a resource intensive reality: a single yard can require 2,500 to 3,000 cocoons and fabric production may demand 20,000 to 50,000 liters of water per kilogram and emit 26 to 30 kg CO2 equivalent per kilogram; India’s output is 95% mulberry with 73% of that coming from superior bivoltine stock, yet the sector also includes ethical and exotic threads such as Eri peace silk, GI tagged golden Muga, rare lotus fiber and the now extinct sea byssus, while recycled yarns, waste reuse, lab grown silk that can cut water use by up to 90%, biodegradable fibroin for medical use and innovations like conductive Therendia and spider strength analogues offer real ways to reconcile luxury with sustainability under standards such as ISO 15604 and organic rules.
References
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