Sewing Machine Market Size to Reach US$ 8,502.7 million by 2030
The global sewing machine market size is expected to grow from USD 5,960.3 million in 2021 to USD 8,502.7 million by 2030, at a CAGR of 6.1% from 2022 to 2030.
As of my last knowledge update in September 2021, the sewing machine market had been witnessing steady growth, driven by factors such as increasing interest in DIY sewing projects, rising demand for apparel and textiles, and advancements in sewing machine technology. The sewing machine industry plays a crucial role in various sectors, including garment manufacturing, home sewing, and crafts. Here is an overview of the sewing machine market:
- Market Size and Growth: The exact size of the sewing machine market varies based on geographical regions, economic conditions, and industry trends. The market had been experiencing moderate growth due to factors like the popularity of sewing as a hobby and the growing interest in customized and handmade products.
- Key Players: The sewing machine market is competitive and consists of both established and emerging players. Some of the well-known sewing machine brands include Brother Industries, Singer Corporation, Janome Sewing Machine Co., Ltd., Juki Corporation, and Bernina International AG, among others.
- Types of Sewing Machines: The market offers a variety of sewing machines tailored for different purposes. Basic mechanical sewing machines are popular for home sewing and beginners, while computerized and advanced models cater to professional seamstresses and industrial use.
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Sewing Machine Market Dynamics
The sewing machine market is influenced by several dynamics that shape its growth, trends, and competitive landscape. These dynamics are driven by factors such as consumer preferences, technological advancements, economic conditions, and changes in the textile and apparel industries. Here are some key dynamics impacting the sewing machine market:
- Consumer Trends and Demands: Changing consumer preferences, fashion trends, and DIY (Do-It-Yourself) sewing culture impact the demand for sewing machines. Consumers seeking personalized and unique clothing items drive the demand for domestic sewing machines, while the need for efficiency and productivity drives the demand for industrial sewing machines.
- Industrial Automation: Technological advancements, particularly in automation and robotics, have led to the development of advanced industrial sewing machines. Automation improves production efficiency, reduces labor costs, and enables the manufacturing of complex designs, impacting the adoption of sewing machines in garment factories and other industries.
- Apparel and Textile Industry Trends: The growth and trends in the apparel and textile industries directly affect the demand for sewing machines. The rise of fast fashion and mass production has led to higher demand for industrial sewing machines in garment factories.
- Home Sewing and DIY Culture: The popularity of home sewing and DIY projects has been growing, driven by social media, online platforms, and increased interest in crafts and creative hobbies. This trend has boosted the demand for domestic sewing machines.
- E-commerce and Distribution Channels: The emergence of e-commerce platforms has provided consumers with easy access to sewing machines, expanding the market reach for manufacturers and retailers.
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Market Segmentation Analysis
The study categorizes the global Sewing Machine market based on equipment type, technology, type, installation method, distribution channel, application, and regions.
By Product Type Outlook (Sales/Revenue, USD Million, 2017-2030)
- Mechanical
- Electronics
- Embroidery
By Application Outlook (Sales/Revenue, USD Million, 2017-2030)
- Solid Waste
- Special Waste
- E-Waste
By Distribution Channel Outlook (Sales/Revenue, USD Million, 2017-2030)
- Online
- Offline
By Region Outlook (Sales, Production, USD Million, 2019-2033)
- North America (Mexico, Canada, US)
- South America (Peru, Brazil, Colombia, Argentina, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
- Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
- The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)
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REGIONAL ANALYSIS, 2023
Based on the region, the global Sewing Machine market has been analyzed and segmented into five regions, namely, North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
North America has been a prominent market for Sewing Machines due to high consumer spending on electronics and a strong demand for home entertainment systems. The United States, in particular, has a large market for Sewing Machines, driven by the popularity of streaming services and the desire for immersive audio experiences.
The Asia Pacific region, including countries like China, Japan, and South Korea, has witnessed substantial growth in the Sewing Machine market. Factors contributing to this growth include the rising disposable income, increasing urbanization, and the growing popularity of home theater systems among consumers in the region.
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Major Key Players in the Sewing Machine Market
The global Sewing Machine market is fragmented into a few major players and other local, small, and mid-sized manufacturers/providers, they are –
Key players operating in the sewing machine market include Brother Industries, Ltd, Janome Sewing Machine Co Ltd, Bernina International AG, Merrow Sewing Machine Company, JUKI Corporation, Mitsubishi Electric Corporation, Singer India Limited, Tacony Corporation, Usha International Limited, and Necchi Italia S.r.l. Other noticeable players in these markets are Aisin Seiki Co., Ltd., Pegasus Sewing Machine Mfg. Co. Ltd, and China Feiyue Inc.
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