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The Growing Market of Silk Reeling

 

The Growing Market of Silk Reeling

 

In India, the love for silk fabric is eternal. Silk is a symbol of elegance and sophistication. Right from ancient times, today, and even in the future, we need to acknowledge the fact that silk manufacturing is a flourishing business, which means that silk farming, too, is a profitable business, as it is the primary condition for manufacturing silk. In this blog, we are going to look into the silk farming or Sericulture business in India. Silk is the most prized of all the textile fibers. It is the continuous filament extruded by silkworm at the end of its larval period, through a small opening under the jaws. Raw silk is classified into different grades according to the quality of the yarn. It has a great variety of used in apparel, drapery, up holster and other areas. It is used in the manufacture of woven and knitted fabrics for garments. Silk industry constitutes a versatile industry as silk is an ever demandable item. There is very good scope for new investments in raw silk or silk products. Most of the export market is still unexplored which new unit may be explore with little efforts to maintain quality and prices.


Related Projects:- Textile, Apparel, Clothing, Denim wear, Innerwear, Lingerie, Hosiery, Denim Jeans, Readymade Garments and Under Garments Industry.

·         Textile is the fastest-growing application of silk. Silk is an important contributor to the textile industry which is continuously growing and evolving in terms of demand and supply. Silk is used in textiles for its lustrous appearance, luxurious feel, lightweight, resilient, and strength. It is used in many types of apparel such as wedding dresses, gowns, blouses, scarves, neckties as well as in many household products such as pillows, wall hangings, draperies, upholstery.

·         Further, Silk's absorbency makes it quite comfortable to wear, especially, in warm weather. Its low conductivity keeps warm air close to the skin during cold weather. This increases the uses of silk for clothing such as shirts, ties, formal dresses, high fashion clothes, lingerie, pajamas, robes, dress suits, sun dresses, and kimonos. In India, silk is also used for making sarees, which is traditional outfit in the country.

·         Silk is a consolidated market with Asia-Pacific countries catering to the major share of demand and supply. Globally, China and India are the first and second largest producers of silk respectively. The sericulture industry has a history of over 6,000 years in China. China is also a major exporter of silk in the world. The major type of silk produced in China are mulberry silk and Tussar silk.

 

Related Videos:- Textile Industry

 

The Market of Silk with Its Projected Demand

The global silk market is projected to be valued at USD 16.94 billion by 2021, at a CAGR of 7.8% from 2016 to 2021. In this study, 2015 has been considered the base year and 2016 to 2021, the forecast period, to estimate the global market of silk. The growing demand in the Asia-Pacific, coupled with the growing demand for textile goods is expected to drive the global silk market during the forecast period.

Related Books:- Textile Spinning, Processing, Natural Fibers, Natural Dyes, Pigments, Textile Dyes, Pigments, Dye Intermediates, Woollen Spinning, Weaving, Knitting, Dyeing Technology

 

The Asia-Pacific is projected to be the fastest-growing market for silk, in terms of value and volume, during the forecast period. China, India, Uzbekistan, and Thailand are the markets of silk in the Asia-Pacific region. The demand for silk is primarily driven by the increasing population & export of the textile goods made in these countries. Also, the domestic demand of silk in China and India is significantly influencing the demand of silk in the region.

 

Conclusion

 

“Silk Reeling Unit - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue” is the project report by NPCS the project reports by NPCS has helped  any of the engineers, project consultant & industrial consultancy firms in India and worldwide. You can check out the project report on different business segments on the official website of NPCS.

Related Project:- Silk Reeling Unit

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#DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #businessestostart #startupideas #TextileIndustry #textileindustry #textilebusiness #textilemanufacturing #SilkReelingUnit #SilkReelingManufacturing #SilkReelingProduction #SilkReelingBusiness #SilkReelingIndustry

 

 

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