The global market for Sewing Machines was valued at an estimated US$5.0 Billion in 2023 and is projected to reach US$6.9 Billion by 2030, growing at a CAGR of 4.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the sewing machine market is driven by several factors, including technological advancements, rising demand from the textile and apparel industries, and increasing consumer interest in DIY projects and crafts. Innovations in sewing machine technology, such as the development of computerized and automated models, have broadened their appeal and functionality, attracting a diverse user base. The textile and apparel industries continue to grow, fueled by fast fashion trends and the increasing demand for customized clothing, which in turn drives the need for efficient and versatile sewing machines.
Additionally, the COVID-19 pandemic has spurred a resurgence in home sewing and crafting, as people look for productive and creative outlets while spending more time at home. This trend has boosted sales of household sewing machines and related accessories. Furthermore, the rise of e-commerce has made it easier for consumers to access a wide range of sewing machines and supplies, contributing to market expansion. As a result, the sewing machine market is experiencing robust growth, supported by technological innovations, evolving consumer preferences, and expanding industrial applications.
The growth in the sewing machine market is driven by several factors, including technological advancements, rising demand from the textile and apparel industries, and increasing consumer interest in DIY projects and crafts. Innovations in sewing machine technology, such as the development of computerized and automated models, have broadened their appeal and functionality, attracting a diverse user base. The textile and apparel industries continue to grow, fueled by fast fashion trends and the increasing demand for customized clothing, which in turn drives the need for efficient and versatile sewing machines.
Additionally, the COVID-19 pandemic has spurred a resurgence in home sewing and crafting, as people look for productive and creative outlets while spending more time at home. This trend has boosted sales of household sewing machines and related accessories. Furthermore, the rise of e-commerce has made it easier for consumers to access a wide range of sewing machines and supplies, contributing to market expansion. As a result, the sewing machine market is experiencing robust growth, supported by technological innovations, evolving consumer preferences, and expanding industrial applications.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Apparel segment, which is expected to reach US$4.3 Billion by 2030 with a CAGR of a 5.0%. The Non-Apparel segment is also set to grow at 4.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $859.0 Million in 2023, and China, forecasted to grow at an impressive 5.7% CAGR to reach $2.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Sewing Machines Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Sewing Machines Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Sewing Machines Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AISIN ASIA MIDDLE EAST & AFRICA DMCC, Baby Lock, Bernina International AG, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 152 Featured):
- AISIN ASIA MIDDLE EAST & AFRICA DMCC
- Baby Lock
- Bernina International AG
- Brother Industries, Ltd.
- Brother International Corporation
- Elna International Corp. SA
- Jack Sewing Machine Co., Ltd.
- Janome America, Inc.
- Juki Corporation
- Kaulin Manufacturing Co., Ltd.
- Merrow® Sewing Machine Co.
- Million Special Industries Co., Ltd
- PEGASUS CO., LTD.
- Rimoldi & CF srl
- SEIKO Sewing Machine Co., Ltd.
- Singer Sewing Company
- SVP Worldwide
- TAJIMA Group
- Zhejiang Doso Sewing Machine Co., Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAARGENTINABRAZILMEXICOREST OF LATIN AMERICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
REST OF ASIA-PACIFIC
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AISIN ASIA MIDDLE EAST & AFRICA DMCC
- Baby Lock
- Bernina International AG
- Brother Industries, Ltd.
- Brother International Corporation
- Elna International Corp. SA
- Jack Sewing Machine Co., Ltd.
- Janome America, Inc.
- Juki Corporation
- Kaulin Manufacturing Co., Ltd.
- Merrow® Sewing Machine Co.
- Million Special Industries Co., Ltd
- PEGASUS CO., LTD.
- Rimoldi & CF srl
- SEIKO Sewing Machine Co., Ltd.
- Singer Sewing Company
- SVP Worldwide
- TAJIMA Group
- Zhejiang Doso Sewing Machine Co., Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 487 |
| Published | July 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 5 Billion |
| Forecasted Market Value ( USD | $ 6.9 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
