Woolee

Name

Woolee

Legal name

WOOLEE CO.,LTD.

Website

http://www.elasticthailand.com/

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Elastic Yarn Manufacturing

NAICS

Fiber, Yarn, and Thread Mills (31311)

SIC

Textile Mill Products (2200)

akta.pro primary industry

Man-Made Fiber Manufacturing (Polyester/Nylon/Acrylic/Viscose) (IMAOAAAB)

Keywords

• Covered spandex yarn
• Covered rubber yarn
• Elastic yarn manufacturing
• Textile yarn supplier
• Special yarn products

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Covered Yarn Manufacturing and Sales: Manufacturing and selling Covered Spandex Yarn, Covered Rubber Yarn, and custom covered yarn products to textile manufacturers. Products distributed domestically in Thailand and to overseas markets.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Woolee Co., Ltd. manufactures and supplies covered spandex yarn, covered rubber yarn, and custom special yarn products to textile manufacturers and factories. The company produces both single covering and double covering yarn variants that serve as raw material inputs for elastic fabrics, hosiery, and other textile applications. Production is carried out at its Bangkok, Thailand facility under ISO 9001:2008 certified quality management.

Product overview

Woolee is a covered yarn manufacturer specializing in elastic textile products. Its core product portfolio consists of Single Covering and Double Covering yarn processes, producing Covered Spandex Yarn (Spandex/Yarn), Covered Rubber Yarn (Rubber/Yarn X Yarn), and custom covered yarn to customer requirements. Single Covering involves wrapping Spandex with Nylon, Polyester, or Cotton yarn for lighter applications (socks, sweaters, underwear), while Double Covering wraps the core yarn with yarn on both sides (Yarn X Yarn) for heavier-duty elastic tape and lace applications. The company also provides color book services for product customization. All products serve the textile industry supply chain and are distributed domestically in Thailand and overseas markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Covered Spandex Yarn

Quantifiable outcome

• Products widely adopted in many factories

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered minor.

• Socks Thai (Family Company)minorOthersFamily company under the same ownership group, focused on socks manufacturing
• Needle Thai (Family Company)minorOthersFamily company focused on needle spare parts for textile machinery
• Sign Thailand (Family Company)minorOthersFamily company focused on signboard manufacturing
• Interior Thai (Family Company)minorOthersFamily company focused on interior design and decoration
• Jessecu Tech (Family Company)minorOthersFamily company focused on DVR (digital video recording) technology products

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Hyosung TNC: Korea-based global spandex and textile manufacturer producing creora spandex yarns. Comparable as an upstream/input supplier of the spandex and elastic yarns that Woolee converts into covered yarn products, though at much larger scale.
• Invista (The LYCRA Company): Global fiber producer and owner of the LYCRA spandex brand. Comparable as the leading branded spandex/elastane supplier, competing with covered yarn converters serving the same socks, underwear, and elastic apparel end markets.
• Asahi Kasei: Japan-based chemical and fiber manufacturer producing Roica spandex. Comparable as an established spandex/elastic fiber producer supplying the same downstream textile applications (hosiery, underwear, sportswear) targeted by Woolee.
• Shandong Ruyi Technology Group: China-based large textile and apparel conglomerate with spandex and elastic yarn operations. Comparable as a vertically integrated textile manufacturer that competes with covered yarn converters in the elastic apparel supply chain.
• Eclat Textile Corporation: Taiwan-based knit textile and apparel manufacturer. Comparable as a downstream customer-type competitor that sources elastic yarns and produces premium knit/elastic apparel, sharing Woolee's textile end-market exposure.
• Indorama Ventures (Fiber segment): Thailand-headquartered global petrochemical and fiber producer. Comparable as a domestic Thai large-scale synthetic fiber/yarn producer operating in the same regional supply chain as Woolee.
• Far Eastern New Century: Taiwan-based integrated textile and polyester producer. Comparable as a large polyester/elastic fiber yarn manufacturer serving downstream apparel and industrial textile customers globally.

Direct peers

• Yantai Spandex Co., Ltd. China-based spandex yarn manufacturer serving global textile and apparel markets. Directly comparable as a spandex/elastic yarn producer competing for the same elastic textile manufacturer customers.

Regional players

• Tuntex (Thailand) Co., Ltd. Thailand-based synthetic fiber and yarn producer. Comparable as a domestic Thai competitor manufacturing synthetic and elastic fiber inputs for the regional textile supply chain in which Woolee operates.
• Thai Acrylic Fibre Co., Ltd. (Aditya Birla Group): Thailand-based manufacturer of acrylic and specialty fibers serving global textile markets. Comparable as a Thailand-headquartered specialty fiber/yarn producer serving similar B2B textile manufacturer customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Woolee