The "Sewing Machines - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Sewing Machines is projected to exceed 29 million units by 2024, driven by the growing demand for advanced and feature rich sewing machines and rise of sewing as a leisure pursuit among new sewing enthusiasts.
Asia-Pacific represents the largest and the fastest growing market worldwide with a CAGR of 6.3% over the analysis period.
Few of the technology innovations poised to influence consumer purchase decisions include development of smart sewing machines with built-in needle threader; top drop-in bobbin design; built-in stitch patterns and memory for storing embroidery designs; and digital LCDs displays for easy input of machine configuration commands and instructions.
Major factors driving growth in the region include growing population, increasing affluence and a massively growing apparel industry; growing prominence of online sales; increased manufacturer efforts at offering online classes for amateur users of home sewing machines; increased spending on home furnishings and automobiles and a parallel increase in demand for heavy duty upholstery sewing machines.
Select Competitors (Total 104 Featured):
Aisin Seiki Co. Ltd.
Bernina International AG
Brother Industries Ltd.
Jack Sewing Machine Co. Ltd.
Jaguar International Corporation
Janome Sewing Machine Co. Ltd.
Kaulin Manufacturing Co. Ltd. (Siruba)
Million Special Industries Co. Ltd.
Pegasus Sewing Machine Mfg. Co. Ltd.
Rimoldi & CF srl
SEIKO Sewing Machine Co. Ltd.
Singer Sewing Company
Xi`an Typical Industries Co. Ltd.
Zhejiang Doso Sewing Machine Co. Ltd.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession
Textile Industry Remains Hard Hit by the Pandemic
COVID-19 Inflicts Considerable Damage on Global Textile Machinery Industry
Sewing Activity Grows in Prominence Amidst the Pandemic, Presenting Opportunities for Household Sewing Machines
Global Economy Stares at an Impending Crisis
An Introduction to Sewing Machines
Home Sewing Machines
Industrial Sewing Machines
Sewing Machines: Providing Limitless Creativity for Industrial Users, Quilters, Home Decor Sewers, and Fashion Enthusiasts
Industrial Sewing Machines Lead Global Market
Developing Economies to Boost Long-term Growth
Select Popular Sewing Machines
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rising Demand for Advanced and Feature-Rich Sewing Machines to Drive Healthy Long-term Gains
Energy-Efficiency: A Key Factor Driving Technology Innovation
Computerized Sewing Machines: A Major Innovation Fueling Market Growth
Innovative Embroidery Software Spells Significant Market Opportunities
Rise of Sewing as a Leisure Activity among New Sewing Enthusiasts Drive Demand for Household Sewing Machines
Key Purchase Considerations for Pros and Beginners
Rising Interest of DIYers Promises Bright Prospects for the Market
User-Friendly Models for New Sewing Enthusiasts to Propel Adoption
Specialized Sewing Machines for Sewing, Repairing, and Fixing Leather Products Grow in Prominence
Apparel Demand and Textile Making Industry Trends to Influence Demand for Industrial Sewing Machines
With Apparel & Textile Manufacturing Disrupted due to COVID-19 Outbreak, Impact Imminent on Sewing Machines Sales
Fashion Conscious Women Trigger Changes in Player Strategies
Recovery in Auto Sales and Production to Fuel Demand for Car Hoods and Upholstery Sewing Machines
Technical Textiles Present Opportunities for Industrial Sewing Machines Market
Embroidery Machines: Enabling Craft Work in Fashion Industry
Factors Determining the Choice of An Appropriate Embroidery Machine
Industry 4.0 Brings together Connectivity, Flexible Automation & Intelligence
Robotic Tailoring: The Future of Fashion to Propel Market Growth
The Transformational Impact of Sewing Robots
Automation of Sewing Process Flows Gains Momentum
Latest Technological Developments in the Sewing Machines Market
Market to Benefit from the Emergence of Novel Sewing Machines with Various Features
Sewing Machine Innovations & Advancements to Spur Market Growth
Advanced PC and Wi-Fi-Enabled Sewing Machines
Machines with In-Built Needle Threader, Top Loading and Drop-in Bobbin Systems
Sewing Machines for Stitching Robots, Implantable Systems and Wearable Electronics
Digitally Advanced Sewing Machines
High-Speed Sewing Machines
Stitch Regulator Technologies for Mastering Free Motion Techniques
Online Marketing Increases Market Competition
Demographic Factors Influence Industry Dynamics
Expanding Global Population
Women: The Largest Consumer Base for Home Sewing Machines
Burgeoning Middle Class Population
Operator Safety: A Major Challenge Confronting Sewing Machines Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Electronic and Advanced Home Sewing Machines: Potential Growth Opportunities
Crafters and DIYers Propel Demand for Domestic Sewing Machines
China: A Major Consumer and Producer of Sewing Machines
Despite COVID-19 Crisis, China to Remain An Important Market for Sewing Machines
Workforce Shortage and Automation Impact China's Sewing Machine Industry
Home Sewing Machines Market: An Overview
REST OF EUROPE
Impact of COVID-19 Outbreak and Anti-China Sentiment
REST OF ASIA-PACIFIC
REST OF LATIN AMERICA
Total Companies Profiled: 70
For more information about this report visit https://www.researchandmarkets.com/r/1bbi20
View source version on businesswire.com: https://www.businesswire.com/news/home/20210308005486/en/
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