Thailand Lace Market (2025-2031) Outlook | Share, Value, Industry, Revenue, Analysis, Growth, Trends, Forecast, Companies & Size

Thailand Lace Market Synopsis

The Thailand lace market was estimated to be valued at US$ 1.9 billion in 2025, registering a CAGR of 4.7% during the forecast period. The growth of this market is mainly driven by changing fashion trends and increasing consumption of laces for apparel decoration across Southeast Asia. In addition, the rise in demand for traditional handcrafted laces from China and Vietnam has further augmented its growth prospects over the years. Furthermore, factors such as rising disposable incomes and growing awareness about quality fabrics are expected to propel the market growth in Thailand over the forthcoming years.

Drivers of the Market

Thailandlace market has gained prominence both domestically and internationally due to its intricate designs and craftsmanship. The market is driven by a combination of traditional weaving techniques and modern innovations. The country`s rich cultural heritage and skilled artisans have enabled Thailand to produce a diverse range of lace products used in fashion, home textiles, and accessories. Growing demand for unique and handcrafted items has further fueled the lace market`s growth, attracting both local and international consumers seeking high-quality and artistic lace products.

Challenges of the Market

The Thailand lace market encounters challenges related to preserving traditional craftsmanship and heritage. As mass-produced textiles become more prevalent, the demand for handmade lace products can decline, posing a threat to artisans` livelihoods. Additionally, competition from cheaper imported lace products from other countries can impact the domestic lace market. Maintaining the delicate balance between modern design trends and traditional techniques while meeting international quality standards is another challenge faced by the industry.

COVID-19 Impact on the Market

The Thai lace market experienced challenges and shifts during the COVID-19 pandemic. With events, celebrations, and fashion shows being canceled or postponed, the demand for lace products, including clothing and accessories, declined. Manufacturers and artisans faced difficulties due to disrupted supply chains and reduced orders. However, some businesses adapted by focusing on producing lace for face masks and other protective gear, contributing to the fight against the virus. As the situation improved, the market gradually resumed its usual activities, although shifts in consumer preferences and purchasing behavior persisted.

Key Players in the Market

The lace market in Thailand features both traditional artisans and modern manufacturers. Local lace producers like Jim Thompson and Narai Phand offer exquisite handcrafted lace products. Additionally, international players like Solstiss Group have also made their mark in the Thai lace market by providing a variety of lace fabrics for fashion and interior design.

Key Highlights of the Report:

• Thailand Lace Market Outlook
• Market Size of Thailand Lace Market, 2024
• Forecast of Thailand Lace Market, 2031
• Historical Data and Forecast of Thailand Lace Revenues & Volume for the Period 2021-2031
• Thailand Lace Market Trend Evolution
• Thailand Lace Market Drivers and Challenges
• Thailand Lace Price Trends
• Thailand Lace Porter's Five Forces
• Thailand Lace Industry Life Cycle
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Cotton Thread for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Flax for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Silk Thread for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Synthetic Fiber for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Fine Copper for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Silver Line for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Clothes for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Shoes for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Accessories for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Soft Furniture for the Period 2021-2031
• Historical Data and Forecast of Thailand Lace Market Revenues & Volume By Other for the Period 2021-2031
• Thailand Lace Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Thailand Lace Top Companies Market Share
• Thailand Lace Competitive Benchmarking By Technical and Operational Parameters
• Thailand Lace Company Profiles
• Thailand Lace Key Strategic Recommendations