Sewing Machine Market size was valued at US$ 5.91 Bn. in 2023 and the total revenue is expected to grow at CAGR 5.68% through 2024 to 2030, reaching nearly US$ 8.71 Bn.
Sewing Machine Market Overview:
The study is based on thorough research, qualitative and quantitative assessment by industry experts, and inputs from professionals in the field and supply chain players. The research examines parent market trends, macroeconomic data, and controlling variables in-depth, as well as market attractiveness by segment. The qualitative influence of key market variables on market segments and regions is also mapped out in the study.
For detail insights on this market, request for methodology here
@ https://www.maximizemarketresearch.com/request-sample/84626
Sewing Machine Market Scope:
This Sewing Machine market review examines the latest developments, regulatory frameworks, trade analysis, business model, supply chain utilization, market dominance, the impact of residential and localized market participants, assessments possibilities in terms of evolving revenue spots, shifts in market regulations, tactical industry growth analysis, sales volume, categorical market growth, implementation niches and dominance, product releases, global coverage, and, product launches. Contact Stellar Market Research for an Analyst Brief to learn more about the Sewing Machine market. Our staff will assist you in making an educated market decision to achieve market growth.
Sewing Machine Market Segmentation :
The market is divided into categories such as mechanical, electronic, embroidery, and others based on the type of product.
In 2023, the Electronic Sewing Machine category held the highest market share, accounting for 44.71%. Over the forecast period, this segment is anticipated to grow at a CAGR of 5.39%. Due to their many features, including superior quality, sophisticated stitching, and increased precision, electronic sewing machines are highly preferred by customers worldwide.
Over the course of the forecast period, the embroidery sewing machine segment is anticipated to grow at a CAGR of 4.92%. The fashion and textile industries frequently use embroidery sewing machines to create a variety of embroidered fabric patterns.
The market is divided into two segments based on End-Use: Household and Industrial. With a 64.51% market share in 2023, the Industrial segment was the largest in the market. Over the course of the forecast period, the segment is anticipated to grow at a CAGR of 6.1%. Due to their larger size, greater variety in sizes, and lower cost compared to household machines, industrial machines have taken over the market. Global production of industrial sewing machines is predicted to increase in response to the growing need for sewing machines with high levels of accuracy and speed.
Over the course of the forecast period, the Household segment is anticipated to grow at the highest CAGR of 4.93%. Sewing machine demand is rising due in large part to rising textile production and rising global consumer disposable income.
The market is divided into apparel and non-apparel categories based on application. Over the course of the forecast period, the apparel segment is anticipated to grow at the fastest rate—5.84%. The demand for this segment is a result of both the urban population and the fashion industry’s steady growth. 9.The non-apparel segment is in higher demand due to growing demand from the automotive, healthcare, construction, and other industries. Sewing machines are used for a variety of items in the non-apparel market, including car seat covers, belts, purses, and bags.
1. Sewing Machine Market Size and Forecast, by Product (2023-2030)
1.1. Mechanical
1.2. Electronic
1. Embroidery
1.4. Others
2. Sewing Machine Market Size and Forecast, by End-use (2023-2030)
2.1. Residential
2.2. Commercial
Sewing Machine Market Size and Forecast, by Application (2023-2030)
1. Apparel
2. Non-Apparel
4. Sewing Machine Market Size and Forecast, by region (2023-2030)
4.1. North America
4.2. Europe
4. Asia Pacific
4.4. Middle East and Africa
4.5. South America
𝗚𝗲𝘁 𝘁𝗵𝗲 𝗣𝗗𝗙 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗿𝗲𝗽𝗼𝗿𝘁
@ https://www.maximizemarketresearch.com/request-sample/84626
Sewing Machine Market Key Players:
To extend their presence in emerging nations and eventually broaden their client base, the key players in the market are embracing different growth tactics such as agreements and strategic alliances, as well as new product debuts. The following are some of the major participants in the Sewing Machine market:
North America
1. Ares Capital Corp. (US)
2. Brother International Corp. (US)
3. China Feiyue USA Inc. (US)
4. Singer Corporation (US)
5. Baby Lock (US)
6. BERNINA of America, Inc. (US)
Asia-Pacific
1. Brother Industries, Ltd. (Japan)
2. JACK Sewing Machine Co. Ltd. (China)
3. Janome Sewing Machine co. Ltd. (Japan)
4. JUKI Corp.(Japan)
5. Mitsubishi Electric Corp. (Japan)
6. Shang Gong Group Co. Ltd. (China)
7. ZOJE Sewing Machine Co. Ltd. (China)
8. Seiko Sewing Machine Co. Ltd. (Japan)
9. Toyota (Japan)
10. Usha International (India)
11. Million Special Industries Co. Ltd. (Taiwan)
Europe
1. BERNINA International AG (Switzerland)
2. PFAFF Industriesysteme und Maschinen GmbH (Germany)
3. Kaulin (Finland)
𝗚𝗲𝘁 𝘁𝗵𝗲 𝗣𝗗𝗙 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗿𝗲𝗽𝗼𝗿𝘁
@ https://www.maximizemarketresearch.com/market-report/sewing-machine-market/84626/
Sewing Machine Market Regional Analysis:
Individual market affecting elements and changes in market legislation that affect present and future marketing strategies are also discussed in the country-focused discussion of the Sewing Machine market study. Some of the primary elements utilized to anticipate the market situation for particular nations are consumer volumes, processing facilities, and inventories, shipping analysis, price predictive modeling, price of raw materials, and upstream and downstream value chain analysis. While offering forecast analysis of the national data, the existence and affordability of global brands, as well as the obstacles they face due to significant or limited rivalry from local and domestic manufacturers, the influence of local tariffs, and shipping lanes are all taken into account.
COVID-19 Impact Analysis on Sewing Machine Market:
The COVID-19 outbreak resulted in a severe and prolonged decline in production efficiency, while travel bans and factory closures kept people away from their businesses, Sewing Machineing the Sewing Machine market to slow in 2020. The new research features pandemic’s impact on the Sewing Machine# market, as well as observations, research, estimations, and projections. The Stellar Sewing Machine Market Research study contains an in-depth examination of customer behavior in the aftermath of the virus, as well as its influence on the Sewing Machine market’s outlook, classification, trends, and economic constraints.
Key Questions Answered in the Sewing Machine Market Report are:
-
- What are the drivers motivating overall Sewing Machine market advancement in the upcoming period?
- What revenue potential is estimated from the Sewing Machine market’s transactions in the years ahead?
- What CAGR potential is forecasted for the Sewing Machine market in the approaching period?
- Who are the significant contenders functioning in the Sewing Machine market?
- Which region is Sewing Machineing the global Sewing Machine market share at the end of the forecast period?
About Us
