The global silk market is expected to grow at a CAGR of 7.8% from 2016 to 21

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Silk is used in the textile, cosmetic and medical industries, which allows it to see its demand increase all over the world. One of the main factors behind its growing need is its heavy use in the textile industry. Due to this, there is an introduction of a variety of silk clothing products in the market for both men and women.

According to Markets and Markets, the global silk market is expected to reach the value of USD 16.94 billion by 2021. It is expected to grow at a CAGR of 7.8% during the forecast period, 2016-21. According to available data, the market value was USD 10.1 billion in 2015.

Silk clothing is now becoming very popular among both men and women. Since silk clothes provide immense comfort to people, they consider them to be worn at home. In particular, silk sleepwear is increasingly popular among men and women.

This is one of the main reasons for the growing demand for silk. Hence, there is a boom in the growth of the world silk market. The increasing application of silk in textiles is exploding its demand. Silk has a shiny appearance, luxurious feel, resilience, strength and lightness.

For this reason, silk is used to make various clothes. One of the common applications of silk is in the making of silk pajamas. The popularity of silk pajamas for men grows enormously because of the comfort they offer in summer and winter.

Silk provides more comfort to a person than other fabrics such as cotton and flannel. For this reason, it is widely used in the textile industry. Silk helps a person sleep well at night and also provides benefits for the skin. Therefore, it enjoys more demand than ever in the textile industry.

The technological revolution is also a major factor responsible for the growth of the world silk market. It also contributes to a boom in the growth of the silk garments market globally. Thanks to technology, it is quite possible to speed up the production of silk in the textile industry.

For this reason, many clothing brands sell silk clothing for men and women. As a result, he has helped found many online silk clothing stores across the world. All of this led to a boom in silk production and its use in the textile industry.

Silk has good absorbency due to which silk clothing is suitable for everyone. Mostly, both men and women can find comfortable silk clothes for the summer. Apart from that, silk has low conductivity which keeps the skin warm in cold weather.

Due to the growing awareness of the benefits of silk, people of all ages are now opting for silk clothing with unique designs. As a result, silk production is growing well across the world.

Besides clothing products, silk is used in the creation of many interior decoration items. It is the unique qualities of silk that make it suitable for making curtains, sheets, pillows, upholstery, blankets and wallpapers. The use of silk in the making of these items gives them an elegant and luxurious finish.

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