Thursday, December 2, 2021

Significant Growth Foreseen by Synthetic Sewing Thread Market during 2030

 

Global Synthetic Sewing Thread Market – Introduction

  • A sewing thread is used in stitching and weaving apparel, footwear, and fabrics for home and automobile interiors. A thread is a type of a yarn that is made by whirling cotton, raw wool fibers, linen, or other materials. The three types of thread are animal, plant, and synthetic. Synthetic sewing thread is made of polyester, nylon, etc. and is used in hand sewing and in home sewing machines. Properties of synthetic thread are no shrinkage, high strength, and excellent ability to be stretched without tearing or breaking. Material that is soft and elastic is more comfortable to use and witnesses high demand among consumers. In the fashion industry, it is estimated that 65% of all fibers are made of synthetic material. Synthetic thread is available online on e-commerce websites such as Amazon.

Rise in demand for apparel and footwear to drive the synthetic sewing thread market

  • The inclination of consumers to buy apparel and footwear across the globe has driven the demand for synthetic fiber. Big apparel clothing stores such as Zara, and H&M stores manufacture synthetic clothes and have merchandise in footwear too where synthetic threads are used extensively. The use of synthetic thread by small tailoring shops where specialized tailors sew synthetic clothes for general consumers is increasing. Growing number of consumers using synthetic thread for apparel, footwear, and home décor has fueled the demand for synthetic sewing thread, thereby fueling the synthetic sewing thread market.

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Increase in demand for synthetic threads used in quilting, and automotive seat covers

  • Synthetic threads are used in stitching seat covers of cars, scooters, and three-wheelers. Increase in number of customers moving toward low-priced garments in countries across the world is also a key factor propelling the synthetic sewing thread market. Synthetic thread is also employed in quilt stitching, sewing pillows, for crafts, bedding, mattresses, luggage, bags, etc. Rise in industrial usage of synthetic fiber and demand for recycled threads has further boosted the synthetic sewing thread market.

Europe and Asia to be prominent markets for synthetic sewing thread

  • In terms of geography, the global synthetic sewing thread market can be divided into five regions: North America, Europe , Asia Pacific, Middle East & Africa, and South America
  • The market in North America is estimated to expand at a considerable pace during the forecast period owing to smart fashion trends and advancements in end-products that are driving the footwear and apparel industries in the region. Popularity of sports shirts, sports caps, and other sports wear in Europe is anticipated to impact the market.
  • The market in Asia Pacific expanded at a rapid pace in 2019. Asia comprises top textile producing countries such as China and India, which are driving the synthetic sewing thread market in Asia Pacific. The synthetic sewing thread market is projected to expand at a rapid pace in India, China, Japan, and South Korea. Heavy investments have been made in the textile industry in Bangladesh, which is estimated to further boost the synthetic sewing thread market in the region.

Key players operating in the synthetic sewing thread market

Key players such as Coasts Group, Amann, American & Efird, and Fujix are facing intense competition. Companies are undertaking mergers and acquisitions or signing agreements with regional distributors and dealers to expand their business across the globe. Major players operating in the global synthetic sewing thread market include:

  • Coats Group
  • Amann
  • Tamishna Group
  • American & Efird LLC
  • Threads India Limited
  • Modi Thread
  • Fujix
  • Well Group
  • HP Threads
  • Sarla Fibers

Global Synthetic Sewing Thread Market– Research Scope

Global Synthetic Sewing Thread Market, by Material Type

  • Polyester
  • Nylon
  • Vinylon
  • Acrylic
  • Others (Rayon)

Global Synthetic Sewing Thread Market, by Price Category

  • Low
  • Medium
  • High/Premium

Global Synthetic Sewing Thread Market, by End-use

  • Apparel
  • Footwear & Accessories
  • Home Interior
  • Automotive
  • Others

Global Synthetic Sewing Thread Market, by Distribution Channel

  • Offline
  • Online

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  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

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