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

Scaling Success: Why Smart Habits Beat Growth Hacks in Modern eCommerce

mm

Published

on

There’s a romanticized image of the eCommerce founder: a daring risk-taker chasing the next big idea, fueled by late-night caffeine and last-minute inspiration. But the reality behind scaled, sustainable brands tells a different story. Success in digital commerce doesn’t come from chaos or clever hacks. It comes from habits. Repetitive, structured, often unglamorous habits.

Change, a digital platform created by eCommerce strategist Ryan, builds its entire philosophy around this truth. Through education, mentorship, and infrastructure, Change helps founders shift from scrambling for quick wins to building strong systems that grow with them. The company doesn’t just offer software. It provides the foundation for digital trade, particularly for those in the B2B space.

The Habits That Build Momentum

At the heart of Change’s philosophy are five core habits Ryan considers non-negotiable. These aren’t buzzwords; they’re the foundation of sustainable growth.

First, obsess over data. Successful founders replace guesswork with metrics. They don’t rely on gut feelings. They measure performance and iterate.

Second, know your customer deeply. Not just what they buy, but why they buy. The most resilient brands build emotional loyalty, not just transactional volume.

Third, test fast. Algorithms shift. Consumer behavior changes. High-performing teams don’t resist this; they test weekly, sometimes daily, and adapt.

Fourth, manage time like a CEO. Every decision has a cost. Prioritizing high-impact actions isn’t optional; it’s survival.

Fifth, stay connected to mentorship and learning. The digital market moves quickly. The remaining founders are the ones who keep learning, never assuming they know it all. 

Turning Habits into Infrastructure

What begins as personal discipline must eventually evolve into a team structure. Change teaches founders how to scale their systems, not just their sales.

Tools are essential for starting, think Notion for documentation, Asana for project management, Mixpanel or PostHog for analytics, and Loom for async communication. But tools alone don’t create momentum.

Teams need Monday metric check-ins, weekly test cycles, customer insight reviews, just to name a few. Founders set the tone by modeling behavior. It’s the rituals that matter, then, they turn it into company culture.

Ryan puts it simply: “We’re not just building tools; we’re building infrastructure for digital trade.”

Avoiding the Common Traps

Even with structure, the path isn’t always smooth. Some founders over-focus on short-term results, chasing vanity metrics or shiny tactics that feel productive but don’t move the needle.

Others fall into micromanagement, drowning in dashboards instead of building intuition. Discipline should sharpen clarity, not create rigidity. Flexibility is part of the process. Knowing when to pivot is just as important as knowing when to persist.

Scaling Through Self-Replication

In the end, eCommerce scale isn’t just about growing a business. It’s about repeating successful systems at every level. When founders internalize high-performance habits, they turn them into processes, then culture, then legacy.

Growth doesn’t require more motivation. It requires more precision. More consistency. Your calendar, not your to-do list, is your business plan.

In a space dominated by noise and novelty, Change and its founder are quietly reshaping the conversation. They aren’t chasing trends but building resilience, one habit at a time.

Continue Reading

Trending