Enjoy complimentary customisation on priority with our Enterprise License!
The Industrial Sewing Machines Market is projected to grow by USD 1.1 billion with a CAGR of 5.49% during the forecast period 2021 to 2026.
This industrial sewing machines market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the industrial sewing machines market segmentation by type (raised, cylinder bed, flatbed, post bed, and others), application (apparel and non-apparel), and geography (North America, APAC, Europe, the Middle East and Africa, and South America). The industrial sewing machines market report also offers information on several market vendors, including AMF Reece CR, s.r.o., BERNINA International AG, Brother Industries Ltd., Feiyue Group, Husqvarna AB, Jack Sewing Machine Co. Ltd., Janome Corp., Juki Corp., Merrow Sewing Machine Co., Mitsubishi Electric Corp., Rimoldi & CF S.r.l., Seiko Sewing Machine Co., Ltd., Shang Gong Group Co. Ltd., SVP Singer Holdings Inc., Tacony Corp., Usha International Ltd., Yamato Sewing Machine Mfg Co. Ltd., and Zoje Sewing Machine Co. Ltd. among others.
Download Report Sample to Unlock the Industrial Sewing Machines Market Size for the Forecast Period and Other Important Statistics
The research studied the historical data considered for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the industrial sewing machines market.
Key Industrial Sewing Machines Market Driver
The expansion of the automotive industry is one of the key factors driving the global industrial sewing machines market growth. Textiles are used in the automotive industry for a variety of purposes, including nylon tire cords, seat belt webbing, airbags, car body covers, seat upholstery/fabric, and automotive carpets. In addition, the market for industrial sewing machines is projected to be influenced by expanding demand for mobiltech textiles (mobiltex) as a result of rising demand for electric vehicles (EVs). EVs provide a number of advantages, including less noise, a reduction in greenhouse gas emissions, and improved air quality. The International Energy Agency (IEA) projects that by 2030, there will be 125 million EVs in use worldwide. In addition, the growth of the automotive industry in emerging economies is one of the primary factors driving the global industrial sewing machines market. The increase in economic activities in emerging markets, such as India, Bangladesh, and South Africa, has led to the growth of per capita income in these countries. As cities are at the center of economic development, increasing economic development has led to the growth of major cities and urbanization. Such factors will fuel global industrial sewing machines market growth during the forecast period.
Key Industrial Sewing Machines Market Trend
The rise in the online sales of garments will fuel the global industrial sewing machines market growth. Over the years, online sales of garments have propelled the global industrial sewing machines market growth. Due to increased Internet penetration and the growing number of smartphone users, the growth of online stores is likely to accelerate substantially during the forecast period. Competitive prices, convenience, heavy discounts, cash-on-delivery (COD) options, and fast-delivery services are some of the factors that encourage consumers to shop online. Moreover, this also results in an increase in sales through the online channel. Consumers are adopting online shopping in developed countries in regions such as North America and Europe, which will allow the online retail segment to grow and flourish during the forecast period. Companies such as Nike Inc. (Nike) plan to concentrate specifically on their online businesses by taking the changing consumer buying patterns into consideration. Nike, Adidas AG (Adidas), Under Armour Inc., and ASICS Corp. have their own web portals, which boost the online sales of their products. Such factors can lead to the growth of the global apparel industry, which, in turn, will drive the global industrial sewing machines market during the forecast period.
Key Industrial Sewing Machines Market Challenge
The high price of industrial sewing machines is the major challenge to the global industrial sewing machines market growth. High-end industrial sewing machines may cost hundreds of dollars. Their high cost has a negative impact on the average price for sewing machines as a whole in the market. Instead of using inexpensive plastic components, high-end machines use sturdy metal ones. They have more powerful motors that can perform a wider range of functions on thicker materials, such as leather. These machines operate considerably more quickly. Greater speed allows for stitch rates of 1,200 stitches per minute and higher. Expensive sewing machines have wireless fidelity (Wi-Fi) capabilities that let users download fonts and patterns and quickly connect to the Internet. Newer computerized industrial sewing machines that do fancy embroidery cost more than standard machines. Hence, these sophisticated machines have a higher cost, which, depending on the user requirements, will negatively affect the growth of the global industrial sewing machines market during the forecast period.
This industrial sewing machines market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global industrial sewing machines market as a part of the global industrial machinery market. Our research report has extensively covered the external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the industrial sewing machines market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the industrial sewing machines market encompasses successful business strategies deployed by the key vendors. The industrial sewing machines market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this the report provides a detailed analysis of several leading Companies.
Our In-house experts produce extensive information on the value chain and parent market of the industrial sewing machines market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.
The value chain of the global industrial machinery market includes the following core components:
The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
For more insights on the market share of various regions Request PDF Sample now!
32% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for industrial sewing machines market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The expansion of the automotive industry will facilitate the industrial sewing machines market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID-19 Impact and Recovery Analysis
In 2020, the COVID-19 pandemic adversely affected the economies of various countries in APAC. The outbreak led to the temporary closure of various industries, including those manufacturing apparel and non-apparel products. Governments of various countries imposed stringent COVID-19-related restrictions, such as nationwide lockdowns and stay-at-home regulations, to contain the spread of the disease. This reduced the demand for industrial sewing machines from end-users due to the full or partial closure of these outlets. However, in 2021, the demand for industrial sewing machines rebounded with the resumption of industrial operations and the reopening of retail stores due to the initiation of vaccination drives in the region. The demand for industrial sewing machines is anticipated to be driven by an increase in per capita income, favorable demographics, and a shift in consumer preference toward branded goods during the forecast period.
To gain further insights on the market contribution of various segments Request a PDF Sample
The industrial sewing machines market share growth in the Raised segment will be significant during the forecast period. Sewing machines are adapted to perform certain functions to facilitate workflow and increase productivity. The bed of a sewing machine is an essential part that ensures its smooth operation. The beds of sewing machines are altered for different types of stitches and materials. The type of sewing machine bed is primarily determined by the fabric that will be sewn. Raised bed machines are utilized where the entire sewing machine is situated on the top of the table and when the garment needs to be draped away from the needle for better handling. Raised sewing machines are employed to produce chain stitches and lock stitches; this makes pre-sewn assembly easier.
This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial sewing machines market size and actionable market insights on the post-COVID-19 impact on each segment.
Industrial Sewing Machines Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.49% |
Market growth 2022-2026 |
$1.1 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.3 |
Regional analysis |
North America, APAC, Europe, the Middle East and Africa, and South America |
Performing market contribution |
APAC at 32% |
Key consumer countries |
US, China, Japan, France, and Germany |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
AMF Reece CR, s.r.o., BERNINA International AG, Brother Industries Ltd., Feiyue Group, Husqvarna AB, Jack Sewing Machine Co. Ltd., Janome Corp., Juki Corp., Merrow Sewing Machine Co., Mitsubishi Electric Corp., Rimoldi & CF S.r.l., Seiko Sewing Machine Co., Ltd., Shang Gong Group Co. Ltd., SVP Singer Holdings Inc., Tacony Corp., Usha International Ltd., Yamato Sewing Machine Mfg Co. Ltd., and Zoje Sewing Machine Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.