Global Industrial Sewing Thread Market (2021 to 2026) - Impact of COVID-19 - ResearchAndMarkets.com
The "Industrial Sewing Thread Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The industrial sewing thread market by revenue is expected to grow at a CAGR of 4.4% during the period 2021-2026.
The market is growing consistently on a YOY basis. Sewing thread is one of the most essential accessories for apparel and footwear manufacturing. The current consumption of sewing thread is not only limited to footwear and apparel but also is expanded to other textile products such as home interiors, automobile interior, technical textile. The increasing number of customers moving toward low-priced garments in developing and developed countries is another factor propelling market growth. Synthetic sewing threads dominant the market, which is growing at a promising CAGR. The rise in demand is driven by the growth of synthetic material in automobile, personal protective textile, home interior textile, and footwear industries. However, the application of cotton threads is growing with the increase in the awareness of eco-friendly textiles.
The following factors are likely to contribute to the growth of the industrial sewing thread market during the forecast period:
- Growth in Technical Textiles
- Demand for Recycled Threads
- Increasing Demand for Apparel and Footwear
The study considers the present scenario of the industrial sewing thread market and its market dynamics for the period 2020 to 2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
This research report includes a detailed segmentation by product, end-user, application, geography. The demand for synthetic threads has grown on account of the increased popularity of synthetic material-based apparel. The increasing application of synthetic threads in household decoration products and technical textile has also been driving the market. Nylon and polyester are preferred for synthetics and stretch knits as they have no shrinkage, offer high strength, and have excellent stretching abilities. Vinylon sewing threads are expected to hold high potential in the synthetic sewing thread segment. The material is witnessing popularity as its attributes are similar to natural sewing threads and can be used as a substitute for cotton in several applications such as textile and automobile.
Key Questions Answered
- What is the growth projection of the global industrial sewing thread market till 2026?
- What are the investment opportunities in the global synthetic thread market?
- What will be the impact of COVID-19 on the industrial sewing thread suppliers?
- Who are the leading players in the global industrial sewing thread market?
- What are the growth trends and prospects of the industrial sewing thread market?
Market Dynamics
Opportunities & Trends
- Growing Technical Textile
- Growing Demand For Recycled Thread
Growth Enablers
- Rising Demand For Apparel And Footwear Textile
- Increasing Use Of Textile In Automotive And Transportation Industry
Restraints
- Presence of Strict Government Regulations In Global Textile Industry
- Trade Barriers in Textile Industry
Prominent Vendors
- Coats
- Elevate Textiles
- Simtex Group
- AMANN
- The 3M Company
Other Prominent Vendors
- Innovation (Zhangjiagang) Sewing Thread Co. Ltd.
- Sarla Fibers
- Tamishna Group
- KDS
- Modi Threads
- Well Group
- Hapete
- PT.Sing Long
- Jovidasal
- Huarui
- HP Threads
- Superior Threads
- Fujix
- Cansew
- Hujiang Group
- Ningbo MH Group
- Yiwu Mingrong Xianye
- Sujata Synthetics Ltd.
- Shenzhen Shunlong Thread Co. Ltd.
- Taizhou Gingko Weave
- Alpin Textiles
- Dampa
- Lexteks Textile
- Gunduz Pazarlama
- Ozen Iplik
For more information about this report visit https://www.researchandmarkets.com/r/i9nkpc
View source version on businesswire.com: https://www.businesswire.com/news/home/20201229005232/en/
