Sewing Machine Market to Reach US$8.4 Billion by 2027 | 5.4% CAGR

According to the latest report of the IMARC group, entitled “sewing machine market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global sewing machine market reached a value of US$6.1 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$8.4 billion by 2027, exhibiting a CAGR of 5.4% over the period 2022-2027.

A sewing machine refers to an electric or foot-operated machine used to sew fabrics and other soft materials using threads. It usually includes a presser foot, feed dogs, needle clamp and plate, bobbin winder and case, spool pin and pattern/stitch selector. It also includes a shuttle to transport the yarn and safety features like needle guards to prevent accidental injury. In recent years, sewing machines have grown in popularity as they help to sew new, oversized and torn garments.

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Global Sewing Machine Market Trends:

The global sewing machine market is mainly driven by the expanding textile and apparel industries. Additionally, the growing demand for automotive industry products for the manufacture of nylon tire cords, seat belt webbing, and automotive floor mats has catalyzed the growth of the market. Additionally, industrial manufacturers are increasingly turning to high-end sewing machines because of their enhanced features that save time and energy while minimizing the complexity of manufacturing processes. Other factors including advancements in technology, increasing electric vehicle (EV) sales, and growing adoption of the products in the domestic sector are also expected to propel the market growth.

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Analysis and segmentation of the global sewing machine market 2022-2027:

Competitive landscape with a key player:

The competitive landscape of the industry has also been examined along with the profiles of key players

  • Aisin Company
  • Bernina International AG
  • Brother Industries Ltd.
  • Elna International Corp. SA (Janome)
  • Jack Sewing Machine Co.Ltd
  • JUKI Corporation
  • Kaulin Manufacturing Co.Ltd.
  • Mitsubishi Electric Corporation
  • PFAFF Industriesysteme und Maschinen GmbH (Shang Gong Group Co. Ltd.)
  • Rimoldi & CF Srl
  • Seiko Co.Ltd Sewing Machine
  • Usha International Limited.

Breakdown by product type:

  • Mechanical
  • Electronic
  • Embroidery

Breakdown by application:

Breakdown by distribution channel:

Breakdown by region:

  • North America (USA, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

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About Us:

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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