Sarasota, FL -- (SBWire) -- 04/12/2019 --Zion Market Research has published a new report titled "Sewing Thread Market By Type (Natural and Synthetic) and By Application (Apparel, Footwear, Bedding and Mattress, Luggage and Bags, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025". According to the report, the global sewing thread market was valued at around USD 4,265 million in 2018 and is expected to reach approximately USD 5,432 million by 2025, at a CAGR of around 3.6% between 2019 and 2025.
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.
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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.
The global sewing thread market by segmenting the market based on type and application. Based on the 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 resistance to chemicals, tenacity, and higher abrasion resistance. In terms of application, the market is segmented 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.
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By region, 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 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 Thread Market: Type Analysis
Natural
Synthetic
Global Sewing Thread Market: Application Analysis
Apparel
Footwear
Bedding and Mattress
Luggage and Bags
Others
Global Sewing Thread Market: Regional Analysis
North America
The U.S.
Europe
UK
France
Germany
Global Sewing Thread Market Is Expected to Reach USD 5,432 Million by 2025
Global Sewing Thread Market Is Expected To Reach USD 5,432 Million By 2025