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Sewing Machine Market: Segmented By Product (Flat-Bed Sewing Machine, Cylinder-Bed Sewing Machine, Post-Bed Machine, Long-Arm Sewing Machine, others): By Operation (Manual Sewing Machine, Automatic sewing Machine, Computer controlled sewing Machine): By Application (Apparel and Non-apparel): Global Analysis by Market size, share & trends for 2020-2021 and forecasts to 2031
Sewing Machine Market to surpass USD 789.95 million by 2031 from USD 475.8 million in 2021 at a CAGR of 5.2% within the coming years, i.e., 2021-31.
Sewing machines are used to stitch different kinds of fabrics and are worked by power, treadle, and electricity. Sewing machines are becoming advanced and faster than in the past owing to improved technology. Sewing machines are majorly used to stitch together fabrics and textiles and create unique products. A Sewing machine is widely used because of its prominent features such as it saves time and manual work. The Use of sewing machines is high in demand.
Sewing machines have widespread applications including garments, sportswear, automotive textile, and others. furthermore, increasing demand for high accuracy and speed in sewing results in a rise in demand in the sewing machine market. Apart from this, the rise in the textile industry owing to the growth in consumer spending power in the developing regions also results in market growth.
In January 2020, the JUKI corporation announced the merger of its subsidiaries JUKI Industrial Co., Ltd., And JUKI precision Co. Ltd. This is expected to rationalize the organizations productivity and improve its operations.
By product, the market is segmented into the Flat-Bed Sewing Machine, Cylinder-Bed Sewing Machine, Post-Bed Sewing Machine, Long-Arm Sewing Machine. The flat-bed sewing machine is dominating the sewing machine market. It is similar to the traditional sewing machine and is used to sew pieces of cloths together. Flat-bed sewing machines are majorly used owing to their widespread uses in making garments, shoes uppers, leather cloths, the automotive industry, and many others. The applications of Flat-Bed sewing machines will make the industry grow.
Increasing automation in industries is likely to drive the adoption of computer-controlled sewing machines. Furthermore, the benefits derived by computer-controlled sewing machines such as increased productivity, time-efficient, and reduction in power consumption are making the computer-controlled sewing machine more popular. Additionally, these machines practice various types of stitching by installing different programs from the web. Thus, producers are seeking to produce computer-controlled sewing machines.
Growth Of Textile Products
Increasing consumer spending power led to growth of textile manufacturers which ultimately lead to increase on sewing machine market. Disposable income of consumers has been increased which directly effect the sewing machine market. Thus, it can be said that the Sewing Machine Market is inextricably linked with the textile industry. Furthermore, architectural membrane for new modern structure is in trend these days. In addition, increasing adoption of fabric structures owing to their benefits such lightweight, sound insulation, heat insulation, and other advantages, is expected to drive the sewing machine market in the near future.
Technology Advancement
Technological advancement in the field of textile industry is estimated to rise which in turn will result in the growth of sewing machine market growth. Furthermore, rise in demand for high accuracy goods and high speed in sewing is further expected to grow the sewing machine market. Valve-added products are gaining popularity among consumers and hence, the increased demand for textile will result in the sewing machines market growth.
Limited features
Sewing machines have very limited components and in some cases no free arms, which leads to a need for manual use. Workers working in sewing machine industries should be educated so that they can read the process and cautions accordingly and they should also have good knowledge of machines. Companies in the sewing machine market are educating employees about the motor, head, table of the industrial model of sewing machine to help individuals, which adds extra cost to industry.
A large number of Sewing Machine Market companies felt the impact of the COVID19 pandemic in multiple dimensions. Changes in consumer behavior and manufacturing trends during covid-19 has affected the market size as the manufacturing units were instructed to halt their manufacturing sector during the initial phase of lockdown. However, the government bodies have eased off the existing curbs to cooperate with the industry in economic terms hence, the market is expected to soar soon.
JUKI Corporation
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Sewing Machine Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East Africa. Asia-Pacific is expected is expected to lead the market of sewing machines for the forecast timeframe owing to the increasing demand for sewing machines from various industries including personal luxury goods, garments, automotive, others. Furthermore, sewing machines are in high demand in Japan. Europe is expected to contribute to the growth of industrial sewing machines owing to rise in textile industry.
| Report Attribute | Details |
| Market size value in 2021 | USD 475.8 million |
| Revenue forecast in 2031 | USD 789.95 million |
| Growth Rate | CAGR of 5.2% from 2021 to 2031 |
| Base year for estimation | 2021 |
| Quantitative units | Revenue in USD million and CAGR from 2021 to 2031 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | product, Application, operation, and Region |
| Region scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA) |
| Key companies profiled | JUKI orporation, Brother Industries, Ltd., PEGASUS SEWING MACHINE MFG. CO. LTD., SINGER Sewing Company, PFAFF Industriesysteme und Maschinen, Janome America, Inc., Husqvarna AB., Shang Gong Group Co., Ltd., Bernina International AG |
The Sewing Machine Market size was estimated at USD 475.8 million in 2021 and is expected to reach 789.95 million by 2031.
Key players: JUKI corporation, Brother Industries, Ltd., PEGASUS SEWING MACHINE MFG. CO. LTD., SINGER Sewing Company, PFAFF Industriesysteme und Maschinen, Janome America, Inc., Husqvarna AB., Shang Gong Group Co., Ltd., Bernina International AG
Flat-bed swing machine and Computer Controlled Sewing Machine are anticipated to hold the largest Sewing Machine Market.
Drivers: Growth Of Textile Products And Technology Advancement
Sewing machines are used to stitch different kinds of fabrics and are worked by power, treadle, and electricity. Sewing machines are becoming advanced and faster than in the past owing to improved technology. Sewing machines are majorly used to stitch together fabrics and textiles and create unique products.
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