What is Sewing Thread Market Scope?
Sewing thread is defined as the thread which is used for sewing in textile end products. The main function of a sewing thread is to deliver aesthetics as well as performance in stitches and seams. It is widely used to stitch one or more pieces of material. The popularity of minimally invasive methods and continuous growth in various industry, the introduction of new technologies and others are some of the major drivers which are propelling the growth of the market.
The Sewing Thread market study is being classified by Type (Natural and Synthetic), by Application (Apparel, Footwear, Bedding and Mattress, Luggage and Bags and Others) and major geographies with country level break-up. According to AMA, the Global Sewing Thread market is expected to see growth rate of 4.5%
The market is fragmented with numerous players focusing on technique and quality of the product owing to which the global sewing thread market can witness an upsurge in the forecast period. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Sewing Thread market throughout the predicted period.
Coats Group (United Kingdom), A&E Television Networks, LLC, (United States), The Amann & Söhne GmbH & Co KG (Germany), AMERICAN & EFIRD (United States), KDS Thread (France), Vardhman Textiles Ltd., (India), TAMISHNA GROUP (Bangladesh), Threads India Limited (India), Modi threads International (India) and Huarui (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Durak (Russia), PT. Hapete (Indonesia), Onuki Limited (Japan), PT. Sing Long (United Kingdom), Sarla Performance Fibers (India), HP threads (India) and SIMTEX GROUP (Bangladesh).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Sewing Thread market by Type, Application and Region.
On the basis of geography, the market of Sewing Thread has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On December 2018, the Coats Group (United Kingdom) Company has acquired threadol Company, which also manufactures sewing thread products. This acquisition will help in strengthening the position of the company in the United Kingdom
In February 2017, the American & Efird (United States) Company had launched Anefil Reflector products, which is sewing thread. In addition, it is widely used in denim, footwear, activewear, workwear, safety apparel, swimwear, denim, footwear and other reflective market. Hence, this will in turn propel the growth of the sewing thread market.
On March 2018, according to the Food and Drug Administration, Sewing thread that are envisioned for the use in the food related sector necessity comply with Regulation (EC) No. 1935/2004
Influencing Market Trend
- Technology Advancement of Sewing thread Products
Market Drivers
- Rising Demand for Apparel Widely Depends on Increasing Disposable Income
- Significantly High Production of Affordable Apparel Globally
- Innovations in Technology and Advancements in Product Offerings
Opportunities
- Mounting Demand from Emerging Economics Such as India, China and Others
Restraints
- Presence of Strict Government Regulations and Restrictive Regulatory Approval from the Authorities
Challenges
- Lack of skilled Professionals Resulting in Rise of Risks of Procedure and Complications
Key Target Audience
Manufacturers of Sewing Thread, Suppliers of Sewing Thread, Wholesalers, Distributors and Retailers of Sewing Thread, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
Customization available in this Study:
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