The latest report by IMARC Group, titled “Sewing Machine Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the sewing machine market demand. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global sewing machine market size reached US$ 6.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032.
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Sewing Machine Market Overview:
A sewing machine is a mechanical or electronic device used to stitch fabric together with thread. It automates the process of sewing, making it faster and more efficient than hand stitching. Sewing machines typically consist of a needle, a bobbin for holding the bottom thread, and a mechanism for moving the fabric under the needle. They come in various types, including mechanical, electronic, and computerized models, each offering different features and capabilities. Sewing machines are widely used in garment making, quilting, upholstery, and other textile-related crafts. They allow for precise and uniform stitches, making them essential tools for both professional seamstresses and hobbyists alike.
Sewing Machine Market Trends:
The global market is majorly driven by the increasing popularity of do-it-yourself (DIY) culture and home sewing projects. With the rise of online platforms and social media, there's a wealth of tutorials and resources available, encouraging more people to take up sewing as a creative outlet. Additionally, the fashion industry's growing focus on sustainability and ethical production practices has spurred interest in making and altering clothing at home, driving sales of sewing machines. Moreover, technological advancements in sewing machine design and functionality have expanded the market by offering more features and automation options.
Computerized sewing machines with programmable stitches, automatic threading, and embroidery capabilities appeal to both beginners and experienced sewers, driving upgrades and new purchases. Furthermore, the COVID-19 pandemic has influenced market growth, with increased time spent at home leading to a renewed interest in crafting and DIY activities, including sewing. Besides, the accessibility of sewing machines across various price points and the availability of financing options make them more attainable to a broader range of consumers. As a result, the market for sewing machines is expected to continue growing.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Aisin Corporation
- Bernina International AG
- Brother Industries Ltd
- Elna International Corp. SA (Janome)
- Jack Sewing Machine Co. Ltd
- JUKI Corporation
- Kaulin Manufacturing Co. Ltd.
- Mitsubishi Electric Corporation
- PFAFF Industriesysteme und Maschinen GmbH (Shang Gong Group Co. Ltd.)
- Rimoldi & CF Srl
- Seiko Sewing Machine Co. Ltd
- Usha International Limited.
Sewing Machine Market Segmentation:
Our report has categorized the market based on product type, application, and distribution channel.
Breakup by Product Type:
- Mechanical
- Electronics
- Embroidery
Breakup by Application:
- Domestic
- Industrial
Breakup by Distribution Channel:
- Online
- Offline
Breakup by Region:
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- North America (United States, Canada)
- Middle East and Africa
- Latin America (Brazil, Mexico, Others)
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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