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Why Is the Silk Market Seeing a Rise in Global Luxury Demand? | #silk market # natural fibers market # textile fibers # luxury fabric market # silk production # premium textiles

Why Is the Silk Market Seeing a Rise in Global Luxury Demand?

Why Is the Silk Market Seeing a Rise in Global Luxury Demand?

The global silk market was valued at USD 16.05 billion in 2024 and is expected to reach USD 31.95 billion by 2032. During the forecast period of 2025 to 2032 the market is likely to grow at a CAGR of 9.1%