Market Size of Sewing Machines Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | > 3.00 % |
Fastest Growing Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Sewing Machines Market Analysis
Sewing Machines are used to stitch various kinds of fabrics and are worked by treadle, power, or electricity. With improvements in technology sewing machines are becoming advanced and faster than in the past. Sewing machines are extensively used to stitch together fabrics and textiles and create unique products.
Factors leading to the growth of the sewing market globally are high demand by end-use industries such as apparel and garments. The rising population is also driving the demand for sewing machines and the market is expected to grow significantly.
These devices are experiencing soaring demand in diverse industries, particularly in automotive and construction. In automobiles, textiles are widely utilized for vehicle interiors such as for making nylon tire cords, automotive carpets, and seatbelt webbings, among others.
New technologies advancements such as pedal-less swing, automatic bobbin changer, real-time monitoring, digital feed, and modular sewing machines are leading to the demand for more advanced machines by various industries.