Product Code: ETC237984 | Publication Date: Jul 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India industrial sewing thread market import shipment experienced a significant decline with a CAGR of -46.7% from 2020 to 2024. The growth rate between 2023 and 2024 further plummeted by -61.8%, indicating a steep contraction in market activity. The market demonstrated a substantial slowdown and negative momentum throughout the period.
The India industrial sewing thread market is an essential segment of the country`s textile and apparel industry. Industrial sewing threads are used in various applications, including garment manufacturing, footwear, upholstery, and technical textiles. The market`s growth is driven by factors such as the increasing demand for apparel and textiles and the growth of the manufacturing and export sectors. Industrial sewing threads offer advantages such as strength, durability, and colorfastness, making them essential for various sewing applications. However, the adoption of automation and advanced sewing technologies may impact traditional sewing thread sales.
The India industrial sewing thread market is influenced by several key drivers. Firstly, the growth of the textile and apparel industry in the country drives market growth. Industrial sewing threads are essential for garment production, upholstery, and technical textiles, contributing to their significant demand. Secondly, the increasing adoption of automation and computerized sewing machines in the textile industry further boosts the demand for high-quality and specialized sewing threads. Moreover, the growth of the home furnishing and automotive industries adds to the market`s development, as industrial sewing threads are used in various applications, including upholstery and automotive interior trim.
The India industrial sewing thread market encounters challenges related to quality standards, durability, and the need for specialized thread solutions. Providing high-quality sewing thread that meets industry requirements and addressing diverse market demands are key challenges for this market.
The Covid-19 pandemic had challenges for the India industrial sewing thread market. With disruptions in production and supply chains, the availability of sewing thread for industrial applications was affected. The closure of manufacturing units in the garment and textile sectors impacted the demand for industrial sewing thread. However, the market witnessed opportunities in the healthcare and PPE manufacturing sectors, where sewing thread was crucial for medical textiles and protective equipment. The pandemic highlighted the importance of localized production and reduced dependence on international supply chains for essential products.
The India industrial sewing thread market is served by key players, including Coats India Private Limited, Perfect Thread Company, and Metro Sewing Centre. These companies provide industrial sewing threads used in textiles, apparel, and other industries. Their focus on product strength, colorfastness, and application-specific threads has positioned them as key players in the industrial sewing thread market in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial Sewing Thread Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Sewing Thread Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Sewing Thread Market - Industry Life Cycle |
3.4 India Industrial Sewing Thread Market - Porter's Five Forces |
3.5 India Industrial Sewing Thread Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Industrial Sewing Thread Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.7 India Industrial Sewing Thread Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Industrial Sewing Thread Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the textile industry in India, leading to increased demand for industrial sewing thread. |
4.2.2 Rising disposable income and changing consumer preferences driving the demand for textile products. |
4.2.3 Government initiatives promoting the textile sector, such as the "Make in India" campaign. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Competition from imported sewing threads affecting domestic market share. |
4.3.3 Technological advancements leading to automation and reduced manual sewing requirements. |
5 India Industrial Sewing Thread Market Trends |
6 India Industrial Sewing Thread Market, By Types |
6.1 India Industrial Sewing Thread Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Sewing Thread Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Industrial Sewing Thread Market Revenues & Volume, By Natural, 2021-2031F |
6.1.4 India Industrial Sewing Thread Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 India Industrial Sewing Thread Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Sewing Thread Market Revenues & Volume, By Apparel, 2021-2031F |
6.2.3 India Industrial Sewing Thread Market Revenues & Volume, By Footwear & Accessories, 2021-2031F |
6.2.4 India Industrial Sewing Thread Market Revenues & Volume, By Home Interior, 2021-2031F |
6.2.5 India Industrial Sewing Thread Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 India Industrial Sewing Thread Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Industrial Sewing Thread Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Sewing Thread Market Revenues & Volume, By Quilting, 2021-2031F |
6.3.3 India Industrial Sewing Thread Market Revenues & Volume, By Sew & Stitch, 2021-2031F |
6.3.4 India Industrial Sewing Thread Market Revenues & Volume, By Embroidery, 2021-2031F |
7 India Industrial Sewing Thread Market Import-Export Trade Statistics |
7.1 India Industrial Sewing Thread Market Export to Major Countries |
7.2 India Industrial Sewing Thread Market Imports from Major Countries |
8 India Industrial Sewing Thread Market Key Performance Indicators |
8.1 Average selling price of industrial sewing thread in India. |
8.2 Number of new product innovations in industrial sewing thread technology. |
8.3 Percentage of textile manufacturers in India using industrial sewing thread as a primary material. |
9 India Industrial Sewing Thread Market - Opportunity Assessment |
9.1 India Industrial Sewing Thread Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Industrial Sewing Thread Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.3 India Industrial Sewing Thread Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Industrial Sewing Thread Market - Competitive Landscape |
10.1 India Industrial Sewing Thread Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Sewing Thread Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |