The global sewing thread market size was worth around USD 2,153.30 million in 2023 and is predicted to grow to around USD 2,980.50 million by 2032 with a compound annual growth rate (CAGR) of roughly 3.80% between 2024 and 2032.
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Sewing Thread Market Overview
The thread is a plait of two or more yarns that is tightly twisted. Raw wool fibers, cotton, linen, or other materials are whirled to produce the yarn. Sewing thread is employed to attach fabric to other items. Threads are classified into three fundamental categories: synthetic, animal, and plant. Cotton thread, which is composed of cellulose from plants, is employed to sew fabrics such as rayon and linen. Cotton strands are employed in woven fabrics due to their shrinkage characteristics and lack of elasticity. Additionally, cotton is employed to generate a basting thread.
The research encompasses the drivers and restraints of the stitching thread market, as well as the influence they have on demand during the forecast period. Furthermore, the report encompasses an examination of the global stitching thread market’s opportunities and threats.
An analysis of Porter’s Five Forces model for the stitching thread market has also been incorporated to comprehend the competitive landscape in the market. The research includes a market attractiveness analysis, which evaluates the market size, growth rate, and general attractiveness of all segments.
Growth Drivers of the Sewing Thread Market
The global sewing thread market is experiencing development due to the thriving apparel and footwear industries. The increasing demand for apparel is significantly influenced by the economic conditions and disposable income of a given region. In both developed and developing economies, there is a growing trend of consumers purchasing more garments at reduced prices, which is also driving the global stitching thread industry. The sewing thread market is expected to be further stimulated by the substantially high production of affordable apparel on a global scale in the future. Furthermore, it is anticipated that the stitching thread market will be positively impacted by the expanding footwear industry. The sewing thread market is expected to experience a growth in the years ahead due to the increasing demand for fashionable, comfortable, and fancy footwear among all age groups, as well as the preference for premium quality footwear among millennials and Generation Z.
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The Global Sewing Thread Market is segmented based on product, application and region
Global Sewing Thread Market: Product Segment Analysis
● Natural
● Synthetic
Global Sewing Thread Market: Application Segment Analysis
● Apparel
● Footwear
● Bedding and Mattress
● Luggage and Bags
● Others
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The Global Sewing Thread market profiles key players such as:
● Coats Group
● A&E
● Amann
● AMERICAN & EFIRD
● KDS Thread
● Vardhman Textiles Ltd.
● TAMISHNA GROUP
● Threads India Limited
● Modi Thread
● Jovidasal
● Huarui
● Well Group
● Durak
● Hapete
● Onuki Limited
● PT. Sing Long
● Sarla Fibers
● HP Threads
● SIMTEX GROUP
● IEM
Regional Analysis of the Sewing Thread Market
The current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa is encompassed in the regional segment.
It is anticipated that the North American sewing thread market will experience substantial growth during the forecast period. The growth of the apparel and footwear industries is being driven by the increasing fashion trends and product advancements, which are expected to accelerate the region’s stitching thread market in the future. The European apparel industry is expected to experience substantial development in the future, as a result of the increasing popularity of sports and athletic footwear and the perpetual evolution of fashion trends throughout the region. India and China are among the most prominent textile-producing nations in the Asia Pacific region. The stitching thread market in the Asia Pacific will be further stimulated by the presence of textile exporter countries, such as Bangladesh, and significant investments in textile innovation and advancement. It is anticipated that the stitching thread market in Latin America will experience sluggish growth in the years ahead.
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