India Silk Market Size & Trends | Outlook Report 2033
India Silk Market Report Introduction
According to IMARC Group’s report titled "Indiaa Silk Market Size & Trends | Outlook Report 2033" the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.
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India Silk Market Overview
The India silk market size reached 39.6 Thousand Tons in 2024. It is forecasted to reach 54.9 Thousand Tons by 2033, exhibiting a CAGR of 3.4% during the forecast period of 2025-2033. This growth is driven by changing fashion preferences and a growing interest in sustainable and eco-friendly fabrics.
India Silk Market Key Takeaways
- Current Market Size: 39.6 Thousand Tons (2024)
- CAGR: 3.4% (2025-2033)
- Forecast Period: 2025-2033
- The market is propelled by increasing consumer demand for luxury textiles and quality silk products.
- Rising fashion consciousness in India is a significant catalyst as designers increasingly incorporate silk.
- Growing awareness of sustainable and eco-friendly products supports market growth given silk's natural origins.
- Technological advancements have improved silk production efficiency and cost-effectiveness.
- Government initiatives actively support sericulture and silk industry development.
- The textile industry expansion and innovations in silk production are contributing positively across regions.
India Silk Market Growth Factors
- Rising demand for luxury fabrics in India is driving increased demand for silk products.
- Consumers prefer silk for its high quality, elegance, and natural fiber composition.
- Expansion of silk usage in the fashion industry has led to innovative designs, boosting silk demand.
- Growing awareness of sustainable and eco-friendly products is encouraging greater use of silk.
- New technologies, including automation, have streamlined silk production and reduced manufacturing costs.
- Government support through funding and incentives is promoting sericulture development.
- Increased use of silk in apparel and home décor is contributing to market growth.
- Rising export demand for silk products is supporting long-term growth of the Indian silk market.
- Strengthening textile industry infrastructure is facilitating and enhancing the growth of the silk market across India.
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India Silk Market Trends
- Silk is a premium natural protein fiber that provides luxury and excellent temperature regulation, making it suitable for year-round wear.
- Beyond fashion, silk is used in home décor, arts and crafts preservation, surgical sutures, and other healthcare products.
- Growing demand for high-end and premium silk products is driving market growth.
- Increasing incorporation of silk by fashion designers into innovative and contemporary designs is boosting the Indian fashion industry.
- Rising consumer preference for environmentally friendly and biodegradable products, along with technological advances, helps silk maintain its market position.
- Automation and technological advancements in silk production are reducing costs, benefiting both farmers and producers.
- The Government of India provides incentives and policies to support sericulture and enhance silk production.
India Silk Market Segmentation
Type Insights:
- Mulberry Silk: A widely cultivated silk type known for its high quality.
- Tussar Silk: A wild silk variety valued for its texture and natural gold color.
- Eri Silk: A non-violent silk harvested without killing the silkworm.
- Others: Includes other lesser-known silk types contributing to the market.
Application Insights:
- Textile: Major application area for silk used in garments and fabrics.
- Cosmetics: Use of silk derivatives in beauty and skincare products.
- Medical: Silk usage in medical applications like sutures and healthcare products.
Regional Insights
- North India
- West and Central India
- South India
- East and Northeast India
The silk market in India is dominated by South India, exhibiting significant market share and growth driven by favorable sericulture conditions. The market growth rate remains at a CAGR of 3.4% during the forecast period.
India Silk Market Key Highlights of the Report
- Provides a comprehensive quantitative analysis of market segments and trends from 2019-2033.
- Includes detailed insights on drivers, challenges, and opportunities in the India silk market.
- Features Porter's five forces analysis aiding stakeholders in understanding market competition.
- Competitive landscape analysis with key player positioning and company evaluation quadrant.
- Offers detailed profiles of major companies in the industry.
- Available in PDF and Excel formats, with options for customization and post-sale support.
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