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Silk Market Poised For Significant Growth: $34.1 Billion By 2031

According to a new report by Allied Market Research, titled "Silk Market by Type (Mulberry Silk, Tussar Silk, Eri Silk, Others), by End User (Textile, Cosmetics and Medical): Global Opportunity Analysis and Industry Forecast, 2021-2031," the silk market, valued at $15.6 billion in 2021, is projected to expand to $34.1 billion by 2031, exhibiting a robust CAGR of 8.2% from 2022 to 2031, with the report offering a comprehensive analysis of investment opportunities, winning strategies, market drivers, competitive landscape, and evolving trends.

This report provides a detailed overview of the global silk market, analyzing key segments, market size and share, driving forces, regional trends, investment potential, and leading industry players. It also examines the current market landscape and emerging trends that are shaping future growth.

The global silk market is categorized by type, end user, and geographical region. Type segmentation includes mulberry, tussar, eri, and other silk varieties. End-user segments comprise textile and cosmetic & medical applications. Regional analysis covers North America, Europe, Asia-Pacific, and LAMEA.

  05:32 PM, Feb 28

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