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The industrial sewing thread market by revenue is expected to grow at a CAGR of 4.4% during the period 2021-2026.
The market is growing consistently on a YOY basis. Sewing thread is one of the most essential accessories for apparel and footwear manufacturing. The current consumption of sewing thread is not only limited to footwear and apparel but also is expanded to other textile products such as home interiors, automobile interior, technical textile.
The increasing number of customers moving toward low-priced garments in developing and developed countries is another factor propelling market growth. Synthetic sewing threads dominant the market, which is growing at a promising CAGR.