Connect with us

Business

Global Silk Market is Expected to Grow at a CAGR of 7.8% From 2016-21

mm

Published

on

Silk is being used in textile, cosmetic, and medical industries due to which it is seeing a boom in its demand across the globe. One of the major factors for its rising need is its high usage in the textile industry. Owing to this, there is an introduction of a variety of silk clothing products into the market for both men & women.

According to MarketsAndMarkets, the global silk market is estimated 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. As per the available data, the market value stood at USD 10.1 billion in 2015.

Silk clothing is now becoming very popular among both men and women. Since silk clothes give immense comfort to people, they consider them to wear at home. Especially, silk sleepwear products are becoming popular among both men and women.

It is one of the major reasons for the rising demand for silk. Hence, there is a boom in the growth of the global silk market. The growing application of silk in Textile is booming its demand. Silk has a lustrous appearance, luxurious feel, resilience, strength, and lightweight.

Due to this, silk is used to make various clothing products. One of the common applications of silk is to make silk pajamas. The popularity of men silk pajamas is growing immensely due to the comfort they offer in both summers and winters.

Silk offers more comfort to a person than other fabrics such as cotton and flannel. Due to this, it is extensively used in the textile sector. Silk helps a person to sleep well at night and it also offers skin benefits. Hence, it is enjoying more demand than ever in the textile industry.

The technological revolution is also a major factor responsible for the growth of the global silk market. It is also contributing to a boom in the growth of the silk clothing market at a global level. Due to technology, it is quite possible to speed up the production of silk in the textile industry.

Owing to this, many clothing brands are selling silk clothes for both men and women. As a result, it has contributed to the origination of many online silk clothing stores across the globe. All this is leading to a boom in silk production and its use in the textile industry.

Silk has a good absorbency due to which clothes made of silk are suitable to wear for everyone. Especially, men and women can find comfortable silk clothes for the summer. Apart from this, silk has a low conductivity that keeps the skin warm during cold weather.

Due to the growing awareness about the benefits of silk, people of all age groups are now opting for silk clothing products with unique designs. Hence, the production of silk is seeing a good hike across the globe.

Apart from clothing products, silk is being used in creating many home decor items. It is the unique qualities of silk that make it suitable to make curtains, bedsheets, pillows, upholstery, throw covers, and wallpapers. The use of silk in making such items gives them an elegant and luxurious finish.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

What to Look for in an Enterprise Webcasting Solution

mm

Published

on

The modern workplace doesn’t stand still. Teams are global, employees are remote, and companies must communicate faster and at scale. That’s why enterprise webcasting has gone from a niche tool to an essential part of internal communication strategies.

Reliability is the starting point when broadcasting to hundreds or thousands of employees, stakeholders, or partners. The platform you choose needs to deliver more than a stable video feed; it must offer security, accessibility, scalability, and real engagement.

For enterprises navigating this decision, here’s what to consider before committing to a webcasting platform.

Scale and Performance Matter More Than You Think

It’s one thing to host a video call with your immediate team. It’s another to run a high-stakes webcast for your entire global workforce. Enterprise webcasting means reaching large, often geographically dispersed audiences, sometimes tens of thousands of people at once. And when that’s the case, performance isn’t negotiable.

Your platform should offer proven scalability with minimal lag, buffering, or outage risk. Many organizations underestimate the bandwidth and technical infrastructure needed to deliver seamless webcasting at scale. Look for solutions that utilize global content delivery networks (CDNs) and redundant systems to guarantee smooth streaming, regardless of your viewers’ location.

The reality is, your message only lands if the technology holds up under pressure.

Security Isn’t Optional

In a world of growing cyber risks and data privacy concerns, security must be front and center, especially for enterprise webcasts. Not every message is meant for public ears, from internal town halls to sensitive investor briefings.

Leading webcasting platforms provide enterprise-grade security features like encrypted streams, password protection, login authentication, and customizable access controls. Depending on your industry, you may also need to meet specific regulatory requirements for data protection and compliance.

Ultimately, your webcasting solution should provide peace of mind, knowing that confidential information stays where it belongs.

User Experience Makes or Breaks Engagement

Let’s face it: no one wants to wrestle with clunky software minutes before a big company update. The best webcasting platforms make life easy for both presenters and attendees.

Intuitive interfaces and simplified workflows reduce stress and help presenters focus on delivering the message. The process should be frictionless for attendees, with one-click access, mobile compatibility, and no need for complicated installations.

But accessibility isn’t just technical, it’s also about inclusivity. Your platform should offer features like captions, translations, or on-demand playback options to ensure your workforce can engage with the content.

Because if people can’t easily join or follow along, your webcast risks becoming background noise.

Engagement is More Than Just Showing Up

In enterprise settings, communication can’t be one-way. True engagement requires interaction.

Modern webcasting solutions offer features like real-time Q&A, live polls, and chat functions to turn passive viewers into active participants. These elements keep audiences focused and create opportunities for meaningful feedback.

Especially for company-wide meetings or virtual events covering important updates, giving employees a voice makes the experience feel collaborative, not just another broadcast.

Data and Insights Drive Improvement

One of the most overlooked aspects of enterprise webcasting is analytics. But without data, it’s impossible to measure success or spot opportunities for improvement.

Look for platforms that provide detailed reporting, including attendance metrics, engagement rates, audience locations, and performance benchmarks. Over time, these insights help refine your communication strategy, adjusting formats, reworking content, or targeting specific groups with follow-up resources.

The more visibility you have into how people interact with your webcasts, the better equipped you are to make those events impactful.

Flexibility for Different Event Types

Not all webcasts are created equal. Some are formal, high-production events with large audiences. Others are more casual, interactive sessions for smaller groups.

The platform you choose should give you the flexibility to manage both scenarios. Whether you’re hosting a polished executive briefing, a technical product demonstration, or a virtual town hall, the tools should scale to fit your needs, without requiring entirely different systems or workflows.

Many providers also offer managed services for high-profile events, giving you access to technical experts who handle the backend so your team can focus on the message.

Final Thoughts

Webcasting has become a critical tool for modern businesses, but choosing the right platform requires more than just comparing price tags. It’s about finding a solution that delivers reliability, security, engagement, and scalability while making the process simple for both your team and your audience.

With enterprise webcasting, companies can ensure their most important messages are delivered securely and at scale, whether to employees down the hall or stakeholders around the globe.

Continue Reading

Trending