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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
New York, Dec. 16, 2020 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Industrial Sewing Thread Market - Global Outlook and Forecast 2021-2026 - https://www.reportlinker.com/p05997462/?utm source=GNW
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. The rise in demand
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New York, Dec. 16, 2020 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Industrial Sewing Thread Market - Global Outlook and Forecast 2021-2026 - https://www.reportlinker.com/p05997462/?utm source=GNW
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. The rise in demand is driven by the growth of synthetic material in automobile, personal protective textile, home interior textile, and footwear in
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CHICAGO, Dec. 15, 2020 /PRNewswire/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this global industrial sewing thread market report.
The global industrial sewing thread market is expected to grow at a CAGR of over 4% during the period 2020-2026.
Key Highlights Offered in the Report:
1. The global industrial sewing thread market would realize an absolute growth of around 30% with incremental revenue of over USD 953 thousand between 2020 and 2026.
2. Rising demand for apparel and footwear is driving the market for synthetic industrial sewing thread, which is expected to reach around USD 2,815 thousand by 2026 registering an incremental revenue of USD 675 thousand between 2021 and 2026.
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