The sales of sewing machine market is anticipated to reach over US$ 5 billion valuation by 2031, expanding at a steady CAGR of around 4% over the next ten years, as per a latest report published by award-winning consulting firm Fact.MR. Extensive uptake across the apparel industry is attributed as the chief market growth driver.
Historically, the market accrued significant gains, largely on the back of relevant developments, including integration of key technologies such as AI, IoT, and additive manufacturing. Rising demand for streamlining production cycles across the apparel industry has largely sustained these aforementioned developments in recent years. Moreover, these advancements have helped usher in flexibility across operations.
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In October 2020, Singer Corporation introduced a brand-new range of heavy-duty computerized sewing machines. This heavy-duty computerized collection has the ability to tackle thicker fabrics such as leather and denim. Similarly, Usha International launched six new sewing machines in January 2021 to further strengthen its existing portfolio, including the Usha Quilt Magic, Design Craft, and Sew Magic, which are computerized and offer high speed and precision to aid both, novice and expert sewers.
Key Trends of Sewing Machine Market
- By product, flatbed industrial sewing machines to experience inclining demand amid high adoption in apparel industry.
- Wi-Fi-enabled computerized sewing machines to experience major uptick through 2031.
- Apparel manufacturing to remain primary application area for sewing machines.
- e-Commerce to emerge as the most preferred online sales channel for sewing machines.
- Robust apparel manufacturing output to spearhead sales across the U.S. market.
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- China sewing machine market to be at the pinnacle of global sewing machines demand, amid its global hegemony in the textile market.
- Japan sewing machine market is likely to generate credible growth opportunities over the coming years.
Key Market Segments Covered
- Product
- Domestic Sewing Machines
- Industrial Sewing Machines
- Flatbed Sewing Machines
- Cylinder Bed Sewing Machines
- Post Bed Sewing Machines
- Others
- Mode of Operation
- Manual Sewing Machines
- Mechanical Sewing Machines
- Electronic Sewing Machines
- Computerized Sewing Machines
- Automated Sewing Machines
- Overlock Sewing Machines
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- Application
- Sewing Machines for Apparel Manufacturing
- Embroidery Sewing Machines
- Sewing Machines for Non-apparel Manufacturing
- Bags
- Car Upholstery
- Furniture Clothing
- Others
Competitive Landscape
Prominent sewing machine manufacturers profiled in the report include Brother Industries, Bernina International, JUKI Corporation, MSISM Co. Ltd., Singer Corporation, Seiko Sewing Machine Co. Ltd, Pegasus Sewing Machine Mfg. Co. Ltd., and Janome Sewing Machine Co. Ltd.
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