Global sewing thread market to reach $ 5,432 million by
New York, NY, April 09, 2019 (GLOBE NEWSWIRE) – Zion Market Research has released a new report titled “Sewing Thread Market by Type (Natural & Synthetic) and Application (Apparel, Footwear, Bedding & Mattress, Luggage & Bags & Others): Global Industry Outlook, Full Analysis & Forecast, 2018-2025”. According to the report, the global level sewing thread market was valued at approximately $ 4,265 million in 2018 and is expected to reach approximately $ 5,432 million by 2025, with a CAGR of around 3.6% between 2019 and 2025.
Thread is a tightly twisted fold of two or more threads. The yarn is made of swirling cotton, raw wool fibers, linen or other materials. Sewing thread is used to sew / sew fabric to other products. There are three basic types of yarn depending on their origin: animal, vegetable and synthetic. Cotton thread is made from vegetable cellulose and is used to sew fabrics like rayon, linen, etc. Cotton threads lack elasticity and have shrinkage characteristics, and therefore are used in woven fabrics. Cotton is also used to make a basting wire.
Browse 71 tables and 26 figures spread over 110 pages and an in-depth table of contents on “Global Sewing Thread Market: By Type, Size, Share, Top Manufacturers, Industry Trends, Analysis and Forecast, 2018-2025” .
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The flourishing apparel and footwear industries are driving the growth of the global sewing thread market. The growing demand for clothing depends largely on the increase in disposable income and the economic conditions of a region. A growing number of consumers are buying more clothing at lower prices in developed countries and developing economies, which is also propelling the global sewing thread industry. The considerably high production of affordable clothing around the world is expected to further fuel the sewing thread market in the future.
Global Sewing Thread Market segmentation on the basis of type and application. On the basis of type, the global sewing thread market is segmented into natural and synthetic. The natural segment is sub-segmented into cotton, silk, wool, etc. The synthetic segment includes rayon, polyester, nylon, etc. In terms of revenue, the synthetic segment dominated the market in 2018 due to its advantages such as superior strength. to chemicals, toughness and greater abrasion resistance. In terms of application, the market is segmented into clothing, footwear, bedding and mattresses, luggage and bags, etc. The apparel segment dominated the sewing thread market in 2018 in terms of revenue, owing to the global growth of the apparel and garment industry.
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The European clothing industry is expected to show significant growth in the future, due to constantly changing fashion trends and the popularity of sports and athletic footwear in the region. Europe is the world’s second largest exporter of textiles. In 2017, the European textile industry accounted for $ 69 billion, or 23% of global revenue share. Europe had 170,000 textile and clothing companies in 2017. The main European countries in the clothing industry are Italy, Germany, Spain and France. The increasing attractiveness of sports shoes and sports shoes is driving the growth of the footwear market in Europe. In addition, increasing innovations in the shoe manufacturing industry are supporting the region’s sewing thread market.
The main countries in the Asia-Pacific sewing thread market are India, Japan, China, Indonesia and Korea. The presence of the major textile producing countries in the region, such as India and China, is responsible for the growth of the sewing thread market in Asia Pacific. China dominated the production and export of textiles across the world in 2017. China’s exports were valued at USD 110 billion, or 37.2% of the global market share, in 2017. The same year, the Indian textile market was valued at USD 17 billion. . Textiles are the second largest sector providing employment in most developing and underdeveloped countries in the region. Huge investments for advancements and inventions in the textile industry and the presence of textile exporting countries, such as Bangladesh, will further boost the sewing thread market in the Asia-Pacific region.
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Latin America is expected to show slow growth in the sewing thread market in the coming years. However, the flourishing fashion industry in the region and the growing trend of athletic shoes and sneakers are expected to fuel the growth of the sewing thread market.
The growing trend of smart textile and increasing population is estimated to increase the demand for sewing thread in the region. In addition, the increasing use of fabrics for different purposes such as medicine, military and defense, medical industry, sports and fitness, etc. supports the textile industry which encourages the demand for sewing thread. This can boost the growth of the sewing thread market in the region.
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Some key players in the global sewing thread market are 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 and IEM.
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This report segments the global sewing thread market as follows:
Global Sewing Threads Market: Type Analysis
Global Sewing Threads Market: Application Analysis
- Bedding and Mattress
- Luggage and bags
Global Sewing Thread Market: Regional Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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