Thailand Textile Yarn Market (2024-2030) | Revenue, Industry, Forecast, Value, Trends, Outlook, Size, Share, Analysis, Companies & Growth

Thailand Textile Yarn Market Synopsis

The Thailand textile yarn market is expected to grow at a CAGR of 6.8% during the forecast period 2020-2026. Textile yarns are extensively used in apparel and home furnishing industries, owing to their superior quality and low cost. The increasing demand for apparel and home furnishings due to growing population with rising disposable incomes, is driving the growth of the Thailand textile yarn industry. Additionally, technological advancements such as digital printing technology have further driven the demand for fabrics made from synthetic fibers in recent years, resulting in an increase in demand for textile yarns.

Market Drivers

In Thailand, there has been an increased trend towards fashionable clothing over traditional wear which has led to higher production volume and sales revenue by manufacturers catering to consumers??? changing fashion needs. This increase in production requires more raw materials among which textile yarn plays a major role leading to its widespread use within this sector and contributing significantly towards its market growth overall. With advancement of technologies like digital printing technology synthetic fibers consumption is on rise due to their properties like strength & durability providing attractive prints on fabrics while maintaining its original feel making it lightweight yet sturdy enough for daily use products all around thus creating huge opportunities for textiles & fabric makers globally including Thailand boosting up demand drastically for synthetic fiber based textiles & off course Yarns needed as raw material quite often leading massive market presence opportunity across whole region substantially over past few years.

Challenges of the Market

There has been emergence of low-cost alternatives from other countries like India with better price/quality ratio than that offered by domestic players offering similar kind quality products posing threat towards local players survival if not properly managed time wise. Market trends related with business operations within this field varies largely depending upon seasonal factors weather changes however any significant change could result into immediate effect making it difficult sometimes even predict or manage shifting markets quickly enough without affecting current projects demands supply chain management etc adversely causing severe operational level issues .

Covid-19 Impact on the Market

The Covid-19 pandemic has affected the textile yarn market in Thailand. While production and consumption have been impacted, demand for high-value products remains strong due to their ability to be used in a variety of applications. The Government of Thailand has implemented various measures to support businesses such as reducing import duties and taxes on raw materials, providing financial assistance, easing labor laws, and improving access to digital infrastructure.

Key Players of the Market

Key players in the Thailand textile yarn market include Kaset Thailand International Co., Ltd., Saha Pathana Inter-Holding PCL., Naruechaya Co., Ltd., Thaitex Corporation Public Company Limited (Thaitex), Ritta Industries Co,. Ltd, RR Textiles Industries (Thailand) Co,. Ltd., CMT Yarns & Fabrics PLC (CYF), Senpo Group Public Company Limited (Senpo), Nittsu Shoji Thailand Co,. Ltd.(NST), KTC Textile Industry Public Company Limited(KTC). These companies are involved in producing a wide range of quality spun yarns for use in apparel fabrics as well as other technical textiles. They offer different types of products such as dyed/printed yarns, embroidery threads, fancy yarns and more.

Key Highlights of the Report:

• Thailand Textile Yarn Market Outlook
• Market Size of Thailand Textile Yarn Market, 2023
• Forecast of Thailand Textile Yarn Market, 2030
• Historical Data and Forecast of Thailand Textile Yarn Revenues & Volume for the Period 2020-2030
• Thailand Textile Yarn Market Trend Evolution
• Thailand Textile Yarn Market Drivers and Challenges
• Thailand Textile Yarn Price Trends
• Thailand Textile Yarn Porter's Five Forces
• Thailand Textile Yarn Industry Life Cycle
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Sources for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Chemical for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Animal for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Plant for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Applications for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Home Textile for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Apparel for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Industrial for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Artificial Subtype for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Viscose for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Polyester for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Acrylic for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Nylon for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Artificial for the Period 2020-2030
• Historical Data and Forecast of Thailand Textile Yarn Market Revenues & Volume By Natural Type for the Period 2020-2030
• Thailand Textile Yarn Import Export Trade Statistics
• Market Opportunity Assessment By Sources
• Market Opportunity Assessment By Applications
• Market Opportunity Assessment By Artificial Subtype
• Market Opportunity Assessment By Type
• Thailand Textile Yarn Top Companies Market Share
• Thailand Textile Yarn Competitive Benchmarking By Technical and Operational Parameters
• Thailand Textile Yarn Company Profiles
• Thailand Textile Yarn Key Strategic Recommendations