Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2,153.30 Million | USD 2,980.50 Million | 3.80% | 2023 |
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.
The report covers a forecast and an analysis of the sewing thread market on a global and regional level. The study provides historical data for 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million) and volume (K Tons).
The thread is a firmly twisted ply of two or more yarn. The yarn is made by whirling cotton, raw wool fibers, linen, or other materials. Sewing thread is used to stitch/sew fabric to other products. There are three basic types of thread based on their origin—animal, plant, and synthetic. Cotton thread is made up of cellulose from plants and is used to stitch fabrics like rayon, linen, etc. Cotton threads lack elasticity and have shrinkage characteristics, and hence are used in woven fabrics. Cotton is also used to make a basting thread.
The study includes drivers and restraints of the sewing thread market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and threats to the sewing thread market on a global level.
To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the sewing thread market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The flourishing apparel and footwear industries are driving the global sewing thread market growth. The rising demand for apparel widely depends on increasing disposable income and economic conditions of a region. An increasing number of consumers are buying more garments at lower prices in both developed countries and developing economies, which is also propelling the global sewing thread industry. The significantly high production of affordable apparel globally is anticipated to further fuel the sewing thread market in the future. In addition, the growing footwear industry is anticipated to influence the sewing thread market positively. The growing demand for trendy, comfortable, and fancy footwear among all age groups and premium quality footwear preference by millennials and Generation Z are also anticipated to boost the sewing thread market in the years to come.
The study provides a decisive view of the global sewing thread market by segmenting the market based on type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
Based on 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 2023 due to its advantages, such as superior resistance to chemicals, tenacity, and higher abrasion resistance.
Based on application, the sewing thread market is sectored into apparel, footwear, bedding and mattress, luggage and bags, and others. The apparel segment dominated the sewing thread market in 2018 in terms of revenue, due to the growing apparel and garment industry globally.
Report Attributes | Report Details |
---|---|
Report Name | Sewing Thread Market Research Report |
Market Size in 2023 | USD 2,153.30 million |
Market Forecast in 2032 | USD 2,980.50 million |
Growth Rate | CAGR of 3.80% |
Number of Pages | 110 |
Key Companies Covered | 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. |
Segments Covered | By Type, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The North America sewing thread market is anticipated to show considerable growth over the forecast time period. The increasing fashion trends and product advancements are driving the growth of the apparel and footwear industries, which is anticipated to accelerate the region’s sewing thread market in the future. The European apparel industry is anticipated to show significant growth in the future, owing to constantly changing fashion trends and the popularity of sports and athletic footwear across the region. The Asia Pacific has top textile producing countries, such as India and China. Huge investments for advancements and invention in the textile industry and the presence of textile exporter countries, such as Bangladesh, will further boost the sewing thread market in the Asia Pacific. Latin America is anticipated to show sluggish growth in the sewing thread market in the years ahead.
Some key players of the global sewing thread market are:
Global Sewing Thread Market: Type Analysis
Global Sewing Thread Market: Application Analysis
Global Sewing Thread Market: Regional Analysis
FrequentlyAsked Questions
Sewing thread is a type of yarn specifically designed for sewing by hand or machine. It is used to stitch fabric pieces together or to create decorative stitching.
According to study, 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.
The CAGR value of Sewing Thread Market is expected to be around 3.80% during 2024-2032.
North America has been leading the global Sewing Thread Market and is anticipated to continue on the dominant position in the years to come.
The global Sewing Thread Market is led by players like 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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