| Product Code: ETC422301 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Thailand spun yarn market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -15.59%. However, the compound annual growth rate (CAGR) for 2020-2024 stood at 2.63%. This dip in import momentum may be attributed to shifting demand patterns or changes in trade policies affecting market stability.
The spun yarn market in Thailand caters to various applications, including knitting, weaving, and sewing. Thai manufacturers produce a wide range of spun yarns, offering versatility and quality to meet the demands of both domestic and international customers.
The Thailand spun yarn market is driven by the demand for affordable and versatile textile materials. Spun yarn is used in various applications, including apparel, home textiles, and industrial products. The market`s growth is fueled by the country`s strong textile manufacturing base and the need for cost-effective raw materials in production processes.
The Thailand Spun Yarn market faces challenges such as rising energy costs, which impact the spinning process. Fluctuations in raw material prices, particularly cotton and synthetic fibers, can lead to pricing volatility and affect profit margins. Additionally, market players must address evolving consumer preferences for yarn quality, colors, and textures, necessitating constant innovation and product development.
The spun yarn market in Thailand experienced decreased demand for traditional textiles but increased demand for spun yarns used in medical and technical textiles. Companies in this market had to pivot to meet the changing demands, leading to a gradual recovery.
In the spun yarn market, Thai Spinners Industry Co., Ltd and Thai Filatex Public Co., Ltd are notable companies known for their high-quality spun yarn production.
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 Thailand Spun Yarn Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Spun Yarn Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Spun Yarn Market - Industry Life Cycle |
3.4 Thailand Spun Yarn Market - Porter's Five Forces |
3.5 Thailand Spun Yarn Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Spun Yarn Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for textiles and apparel in the global market |
4.2.2 Technological advancements in spinning techniques leading to improved quality and efficiency |
4.2.3 Favorable government policies supporting textile industry growth in Thailand |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as cotton and polyester, impacting production costs |
4.3.2 Intense competition from other countries with lower production costs |
4.3.3 Volatility in currency exchange rates affecting export competitiveness |
5 Thailand Spun Yarn Market Trends |
6 Thailand Spun Yarn Market, By Types |
6.1 Thailand Spun Yarn Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Spun Yarn Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Thailand Spun Yarn Market Revenues & Volume, By Textile, 2021-2031F |
6.1.4 Thailand Spun Yarn Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.5 Thailand Spun Yarn Market Revenues & Volume, By Home Furnishing, 2021-2031F |
6.1.6 Thailand Spun Yarn Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Spun Yarn Market Import-Export Trade Statistics |
7.1 Thailand Spun Yarn Market Export to Major Countries |
7.2 Thailand Spun Yarn Market Imports from Major Countries |
8 Thailand Spun Yarn Market Key Performance Indicators |
8.1 Average production efficiency ratio |
8.2 Percentage of yarn produced meeting quality standards |
8.3 Percentage of total revenue invested in research and development for innovation and technology adoption |
9 Thailand Spun Yarn Market - Opportunity Assessment |
9.1 Thailand Spun Yarn Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Spun Yarn Market - Competitive Landscape |
10.1 Thailand Spun Yarn Market Revenue Share, By Companies, 2024 |
10.2 Thailand Spun Yarn Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |