Silk Market Forecast to Soar to USD 48.6 Billion by 2035, Driven by Innovation, Sustainability, and Luxury Demand

The global silk market is poised for steady expansion, propelled by the surging demand for premium natural fibers and the unrelenting appeal of silk across luxury fashion, home furnishings, and emerging non-textile sectors. According to the latest report, “Silk Market Size and Share Forecast Outlook From 2025 to 2035,” the market is projected to grow from USD 21.7 billion in 2025 to an impressive USD 48.6 billion by 2035, at a compound annual growth rate (CAGR) of 8.4 percent.

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Global Shift Toward Natural and Sustainable Fibers

Consumers worldwide are gravitating toward eco-friendly and biodegradable materials, driving a paradigm shift from synthetic to natural fibers. Silk, celebrated for its tensile strength, sheen, and exquisite texture, has reasserted itself as a preferred fabric in both established and emerging fashion markets. Governments across Asia-Pacific—particularly China and India—are implementing policies to support sustainable sericulture, further cementing the region’s dominance in global silk production.

Technological progress in silk spinning, weaving, and dyeing continues to refine product quality, enhance yield, and reduce environmental impact. Emerging automation and AI-driven farming tools are streamlining cocoon harvesting, improving efficiency for established manufacturers and paving the way for new entrants exploring advanced silk production technologies.

Expanding Beyond Textiles: Silk in Cosmetics and Medicine

The versatility of silk is broadening its application beyond its traditional textile stronghold. Increasingly, manufacturers are integrating silk proteins and fibers into cosmetics, skincare formulations, biomedical sutures, and tissue engineering materials. Such diversification not only boosts market resilience but also invites collaboration between textile innovators and life science enterprises.

As silk’s intrinsic biocompatibility gains recognition, investments are pouring into medical-grade silk innovations—an exciting frontier that promises both sustainability and performance.

Mulberry Silk Leads the Pack

Dominating with a market share of 78.9 percent in 2025, mulberry silk remains the backbone of the global silk industry. Its refined texture, durability, and adaptability to various dyeing and weaving methods make it indispensable for luxury fashion and upholstery. China and India, equipped with mature sericulture ecosystems, collectively produce most of the world’s mulberry silk.

With sustainability becoming a purchasing priority, mulberry silk continues to appeal to ethically conscious consumers seeking authenticity and responsible sourcing. Its predictable farming cycle and minimal chemical dependency position it as the benchmark against which other natural fibers are measured.

Textiles Remain the Largest Consumer Segment

The textile industry accounts for over 67 percent of total silk consumption in 2025. Driven by the proliferation of high-end fashion houses, the revitalization of artisanal handloom crafts, and thriving e-commerce platforms, silk apparel and furnishings are experiencing renewed global demand. The combination of timeless elegance and durability continues to set silk apart from man-made alternatives.

Fashion designers worldwide are increasingly blending silk with contemporary materials, enhancing functional properties such as wrinkle resistance and elasticity while retaining its signature elegance. This cross-material creativity is fostering the emergence of new product lines across fashion, décor, and technical textiles.

Key Regional Insights

• North America: Expected CAGR of 8.5 percent. U.S. consumers’ growing appetite for luxury fabrics and sustainable fashion is fueling market expansion.
• United Kingdom: Forecast CAGR of 9.2 percent. The rise of ethical fashion and cruelty-free silk production strengthens the region’s environmental credentials.
• China: Anticipated CAGR of 9.0 percent. Home to millennia-old silk traditions, China’s silk sector thrives on heritage craftsmanship combined with high-tech modernization.
• Japan: Projected CAGR of 9.4 percent. Japanese silk commands global respect for its craftsmanship, particularly in kimono textiles and artisanal weaving.
• Korea: Forecast CAGR of 9.5 percent. Cultural tourism and innovative silk blends—especially silk-cotton and silk-spandex hybrids—fuel robust domestic and export growth.

Eri Silk: The Ethical Advantage

Among new-generation silk types, eri silk is emerging as a frontrunner with a forecast CAGR of 8.2 percent through 2035. Valued for its cruelty-free production, eri silk allows silkworms to complete their life cycle, aligning perfectly with modern ethical fashion trends. Combining softness and strength, eri silk’s versatility spans apparel, home décor, and accessories, appealing strongly to sustainability-driven markets.

Rising Stars and Established Innovators

The silk market’s competitive landscape showcases both legacy artisans and pioneering biotech firms. Established names such as ShengKun Silk Manufacturing Co. Ltd., Zhejiang Jiaxin Silk Co., and Wujiang First Textile Co. Ltd. continue to dominate global production with high-quality fabrics and an enduring focus on craftsmanship.

Simultaneously, disruptors like Bolt Threads and Amsilk GmbH are redefining silk production through bioengineering technologies that replicate natural silk proteins without traditional sericulture. These innovations are ushering in a new era of scalable, animal-free silk production that caters to future-ready luxury and performance markets.

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Outlook to 2035: Blending Heritage and Innovation

As consumer consciousness evolves, silk is reclaiming its stature as both a symbol of luxury and a material of responsibility. With increasing alignment between traditional silk artisans and modern biotech innovators, the next decade promises a fusion of heritage craftsmanship and technological advancement that will reshape the silk industry worldwide.

The global silk market’s journey from artisanal weaving to sustainable manufacturing reflects more than just a shift in fashion—it represents a new vision for luxury rooted in ethics, ecology, and elegance.

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