New York, NY, April 09, 2019 (GLOBE NEWSWIRE) -- 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.
Browse through 71 Tables & 26 Figures spread over 110 Pages and in-depth TOC 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 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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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. Europe is the second major textile exporter globally. In 2017, the European textile industry accounted for USD 69 billion, i.e., 23% of the global revenue share. Europe had 170 thousand textile and clothing companies in 2017. Major European countries in the clothing industry are Italy, Germany, Spain, and France. The growing attractiveness of sports footwear and athletic footwear is driving the footwear market growth in Europe. Furthermore, the increasing innovations in the footwear manufacturing industry are supporting the region’s sewing thread market.
The major countries in the Asia Pacific sewing thread market are India, Japan, China, Indonesia, and Korea. The presence of top textile producing countries in the region, such as India and China, is responsible for the sewing thread market growth in the Asia Pacific. China dominated the production and export of textiles across the world in 2017. China’s exports were valued USD 110 billion, which was 37.2% of the global market share, in 2017. In the same year, the Indian textile market was valued at USD 17 billion. Textile is the second largest sector that provides employment in most developing and under-developing countries in the region. 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.
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Latin America is anticipated to show sluggish growth in the sewing thread market in the years ahead. However, the region’s flourishing fashion industry and the growing trend of sports footwear and sneakers are anticipated to fuel the sewing thread market growth.
The growing trend of smart textile and rising population are estimated to increase the demand for sewing thread in the region. Moreover, increasing use of cloth for different purpose such as medical, military & defense, medical industry, sports & fitness, etc. is supporting the textile industry which is encouraging sewing thread demand. This can boost the growth of sewing thread market in the region.
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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
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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