| Product Code: ETC097543 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India`s silk import market in 2024 continued to be dominated by key exporters such as China, Vietnam, Myanmar, Italy, and India itself. The High Herfindahl-Hirschman Index (HHI) indicates a very high level of market concentration. The impressive Compound Annual Growth Rate (CAGR) of 20.91% from 2020 to 2024 highlights the robust expansion of the silk import market in India. Furthermore, the growth rate of 5.2% from 2023 to 2024 suggests a steady increase in demand for silk imports, emphasizing the importance of these key exporting countries in meeting India`s silk needs.

India is one of the largest producers and exporters of silk in the world. The market for India silk is expected to reach USD 38,753 million by 2025, registering a compound annual growth rate (CAGR) of 12.9%. Increasing demand from home decor industry and fashion apparel sector will be some major drivers for the market over the coming years.
Growing demand from home decor industry, booming fashion apparel sector, increasing disposable incomes and growing awareness about health benefits are driving growth in India silk market. Additionally, increased government initiatives like subsidies on raw materials used in production processes have helped boost domestic production and exports significantly over recent years.
The main challenges faced by this industry include volatile prices due to fluctuations in supply & demand, lack of skilled labor force resulting in low productivity levels as well as high cost of production which make it difficult to compete with other international vendors offering cheaper products at better quality standards than those available domestically within India itself. Additionally limited diversification into newer product categories has also hindered potential sales opportunities newly untapped markets globally thereby limiting overall revenue generation capability across sectors or countries outside its traditional stronghold regionally speaking within Asia Pacific specifically South East Asian Nations where most major multinationals typically source their raw material requirements from year after year respectively without fail or much variation whatsoever until now that is.
Major players operating in the India silk market include Vardhaman Textiles Limited (VTL), Birla Cellulose Ltd., Morarjee Mills Pvt Ltd., SEL Group, EID Parry Ltd., Grasim Industries Ltd., YarnsandFibers News Desk - India leading manufacturers among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Silk Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Silk Market Revenues & Volume, 2021 & 2031F |
3.3 India Silk Market - Industry Life Cycle |
3.4 India Silk Market - Porter's Five Forces |
3.5 India Silk Market Revenues & Volume Share, By Production process, 2021 & 2031F |
3.6 India Silk Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Silk Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Silk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for silk products in the fashion industry |
4.2.2 Growing awareness about the benefits of silk in skincare and health |
4.2.3 Government initiatives to promote silk production and exports |
4.3 Market Restraints |
4.3.1 Fluctuations in raw silk prices |
4.3.2 Competition from synthetic fabrics |
4.3.3 Challenges in maintaining quality standards and consistency in silk production |
5 India Silk Market Trends |
6 India Silk Market, By Types |
6.1 India Silk Market, By Production process |
6.1.1 Overview and Analysis |
6.1.2 India Silk Market Revenues & Volume, By Production process, 2021-2031F |
6.1.3 India Silk Market Revenues & Volume, By Cocoon Production, 2021-2031F |
6.1.4 India Silk Market Revenues & Volume, By Reeling, 2021-2031F |
6.1.5 India Silk Market Revenues & Volume, By Throwing, 2021-2031F |
6.1.6 India Silk Market Revenues & Volume, By Weaving, 2021-2031F |
6.1.7 India Silk Market Revenues & Volume, By Dyeing, 2021-2031F |
6.2 India Silk Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Silk Market Revenues & Volume, By Mulberry Silk, 2021-2031F |
6.2.3 India Silk Market Revenues & Volume, By Tussar Silk, 2021-2031F |
6.2.4 India Silk Market Revenues & Volume, By Eri Silk, 2021-2031F |
6.2.5 India Silk Market Revenues & Volume, By Spider Silk, 2021-2031F |
6.3 India Silk Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Silk Market Revenues & Volume, By Textile, 2021-2031F |
6.3.3 India Silk Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3.4 India Silk Market Revenues & Volume, By Medicine, 2021-2031F |
7 India Silk Market Import-Export Trade Statistics |
7.1 India Silk Market Export to Major Countries |
7.2 India Silk Market Imports from Major Countries |
8 India Silk Market Key Performance Indicators |
8.1 Number of silk production clusters established |
8.2 Percentage increase in silk exports |
8.3 Adoption rate of sustainable and eco-friendly silk production practices |
9 India Silk Market - Opportunity Assessment |
9.1 India Silk Market Opportunity Assessment, By Production process, 2021 & 2031F |
9.2 India Silk Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Silk Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Silk Market - Competitive Landscape |
10.1 India Silk Market Revenue Share, By Companies, 2024 |
10.2 India Silk Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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