The size of Europe Silk Market is expected to reach a valuation of USD 2 billion by 2026 growing at a CAGR of 6.4% during the envisioned period between 2021and 2026, owing to its high demand and growing usage in healthcare and cosmetics industry.
COVID-19 has exposed severe challenges for the silk market by impacting the textile, and cosmetic industry. Major economies of Europe are affected due to this pandemic; however, the silk market has managed to remain stable in this period due to the people buying healthcare products such as masks in bulk amidst the pandemic. The demand augmented within this period and people grew more aware of personal hygiene. The cosmetic and textile industry suffered initially due to lack of demand and thus production, but it has been compensated fairly by the growing demand for healthcare products. France and Italy who are the biggest regional presence in the European market were also affected severely with the ongoing pandemic.
Improvement in the quality of silk has been one of the major driving forces in the silk industry. The textile market is growing fast in the European region. This is also supported by the growing fashion industry in the abovementioned region. A lot of investments have been made and silk is considered as one of the finest fibers available.
Healthcare and cosmetic sectors are also using silk as a raw material for their products, which has also led to the promotion of sales of the silk industry. Silk has been extensively used in the production of T-shirts, robes, formal dresses, etc. and this has imposed significant growth in the European industry.
One of the major reasons why the growth of the industry comes to a halt is because of the availability of the material is not stable. This leads to volatility in prices and thus slows down the overall market development.
On The Basis Of Type
1) Mulberry silk
2) Tussar Silk
3) Eri silk
On The Basis Of Application
1. Textile
2. Cosmetics
3. Medical
Textile is the fastest growing market for the silk industry. This is because of the extensive usage of silk in the industry. Many clothing brands have opted for silk as their main fiber for their products. This helps them to improve their product portfolio.
Cosmetics are also a promising sector that is leading to further expansion of the silk industry. The advancement in technology and with different fashion preferences the silk industry is projected to grow at a high rate in the European region. Silk fibroin - a natural protein is used as a raw material for various cosmetic products. Silk is increasingly adopted in cosmetic creams, lotion, cleansing foam, shampoo, liquid soap, conditioner, and nail enamel.
Europe Residential Solar Energy Storage Industry includes
Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe.
Italy has traditionally been the largest importer of silk in Europe. Most of these imports are from China which is the global leader in silk production. However, these imports have gone down in the past few years. France is another country that has a significantly big silk processing industry globally. For domestic consumption, Lyon has been producing the highest quality silk fabrics. The majority of the imports in France are from the United States.
There are a number of players that are contributing to their dominion in the European Silk Market in recent years, some of the big names among them are:
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Silk Market, By Type
6.1.1 Mulberry
6.1.2 Tussar
6.1.3 Eri Silk
6.1.4 Market Size Estimations & Forecasts (2019-2024)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Silk Market, By Application
6.2.1 Textile
6.2.2 Cosmetics
6.2.3 Medical
6.2.4 Market Size Estimations & Forecasts (2019-2024)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Application
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Application
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Application
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Application
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Application
8. Key Player Analysis
8.1 Anhui Silk Co. Ltd.
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Wujiang First Textile Co., Ltd
8.3 Zhejiang Jiaxin Silk Co., Ltd
8.4 Sichuan Nanchong Liuhe (Group) Corp.
8.5 ShengKun Silk Manufacturing Co., Ltd.
8.6 Jiangsu Sutong Cocoon & Silk Co.
8.7 Wensli Group Co. Ltd.
8.8 China Silk Corporation
8.9 Wujiang Wanshiyi Silk Co. Ltd.
8.10 Jinchengjiang Xinxing Cocoon Silk Co., Ltd.
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
