Sewing Machine Market Overview 2023-2032 - Forecast Market Size, Top Segments And Largest Region| Bernina International AG, Brother Industries Ltd., Januaryome Sewing Machine Co. Ltd., JUKI Corporation, Merrow Sewing Machine Company.

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Sewing Machine Global Market Report 2023 identifies The rapid growth of the textile industry as the major driver for the Sewing Machine market's growth in the forecast period. Textile refers to a fabric (woven or knitted) made from yarn. A sewing machine is used to stitch the fabric and other pliable materials together with threads.

The global sewing machine market size grew from $4.68 billion in 2022 to $4.97 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of the global sewing machine is expected to grow to $6.27 billion in 2027 at a CAGR of 6.0%.

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Major competitors in the Sewing Machine market are Bernina International AG, Brother Industries Ltd., Januaryome Sewing Machine Co. Ltd., JUKI Corporation, Merrow Sewing Machine Company.

A key trend in the Sewing Machine market includes Technological advancement. Companies are launching products with new technologies to increase revenues and gain customers. For example, in July 2020, based on consumer insights and preferences, Usha International added four new sewing machines for sewing, embroidery, and quilting - Skyline S-9, Memory Craft 9850, 6700 P, and Memory Craft 550E. These machines will cater to the needs of the growing numbers of hobbyists and smaller commercial establishments and a wide range of technologically superior features to consumers who demand improved precision control.

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The Sewing Machine market is segmented -
•By Type: Mechanical, Electronic, Automated, Embroidery, Overlock, Others
•By Distribution Channel: Online, Offline
•By Application: Apparel, Shoes, Bags
•By End-Users: Household, Commercial, Industrial
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Sewing Machine market.

The Business Research Company's "Global Sewing Machine Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Sewing Machine Market Include:
1. Executive Summary
2. Sewing Machine Market Characteristics
3. Sewing Machine Market Trends And Strategies
4. Sewing Machine Market - Macro Economic Scenario
5. Sewing Machine Market Size And Growth
.....
26. Africa Sewing Machine Market
27. Sewing Machine Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sewing Machine Market
29. Sewing Machine Market Future Outlook and Potential Analysis
30. Appendix

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