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 computerized device used to stitch fabric and other materials together with thread. It automates the process of sewing, making it faster and more efficient than hand stitching. Sewing machines come in various types, including mechanical, electronic, and computerized models, each offering different features and capabilities. Mechanical sewing machines are operated manually, with a foot pedal controlling the stitching speed.
Electronic sewing machines incorporate electronic components to regulate stitching speed and may offer additional features such as automatic needle threading and stitch selection. Computerized sewing machines are the most advanced, with built-in computer systems that enable precise control over stitching patterns and designs. Sewing machines are used in a wide range of applications, from home sewing projects to large-scale manufacturing of garments and textiles.
Sewing Machine Market Trends:
The resurgence of DIY culture and the popularity of crafting among millennials and Gen Z consumers are driving the global market. These younger demographics are increasingly interested in creating their clothing, home decor, and accessories, driving sales of sewing machines for personal use. Additionally, the COVID-19 pandemic has accelerated this trend as more individuals turned to hobbies and home-based activities during lockdowns. Furthermore, the growing awareness of sustainability and environmental consciousness is influencing consumer purchasing decisions.
Many individuals are opting to repair or repurpose clothing rather than discard it, leading to increased interest in sewing machines for mending and upcycling purposes. As a result, environmentally conscious consumers are investing in sewing machines as a means of reducing waste and extending the lifespan of their garments. Moreover, advancements in technology are driving innovation within the sewing machine market. Manufacturers are incorporating features such as automated stitching, touchscreen interfaces, and connectivity options to enhance user experience and productivity. These technological advancements appeal to both novice and experienced sewers, driving sales and market growth.
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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 reproduct 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:
- North America (USA, Canada)
- Europe (Germany, France, UK, Italy, Spain, Russia, others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
- Middle East/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 firm that provides management strategy and market research worldwide. We work with clients in every sector and geography to identify their most valuable opportunities, address their most important challenges and transform their businesses.
The IMARC Group's information offerings include key market trends, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high technology sectors. Market forecasts and industry analysis in biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and innovative processing methods are among the company's top areas of expertise.
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