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Industrial Sewing Machines Global Market Analysis Development Trends, Industry Growth Opportunities, Regional Demand and Forecast 2024-2033
Industrial Sewing Machines Global Market
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According to The Business Research Company's, The industrial sewing machines market size has grown steadily in recent years. It will grow from $3.32 billion in 2023 to $3.48 billion in 2024 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to the increase in consumer spending power, increasing demand for high accuracy and speed in sewing, widespread application, the increasing demand for textile products, and the increasing demand for electric machines.
The industrial sewing machines market size is expected to see strong growth in the next few years. It will grow to $4.23 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to the growing preference for high-end sewing machines, the large investments, the expansion of the automotive sector, the diversification of product offerings, and increasing demand from developing economies. Major trends in the forecast period include rising demand for mobile tech textiles, increasing adoption of Industry 4.0 solutions, the rising need for real-time data and analysis from IoT devices and sensors, and the increased demand for innovative machines.
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Market Drivers and Trends:
The growing demand for apparel products is expected to propel the growth of the industrial sewing machines market going forward. Apparel products refer to clothing items and accessories designed for wear, including garments such as shirts, pants, dresses, and outerwear, as well as related accessories such as hats, belts, and scarves. The rising demand for apparel products is fueled by evolving fashion trends, higher disposable incomes, greater online shopping ease, global market expansion, and a growing emphasis on personalized and eco-friendly fashion. Industrial sewing machines are used in apparel manufacturing to efficiently produce high-quality, durable garments through rapid and precise stitching . For instance, in May 2024, according to the Australia Institute, an Australia-based independent think tank, Australia has overtaken the United States as the largest consumer of textiles per capita in the world. On average, Australians purchase 56 new clothing items annually, exceeding the US at 53 items, the UK at 33, and China at 30. Therefore, the growing demand for apparel products is driving the growth of the industrial sewing machines market.
Major companies operating in the industrial sewing machine market are focusing on developing innovative products, such as next-generation artificial intelligence (AI)-powered overlock sewing machines, to sustain their position in the market. Next-generation AI-powered overlock sewing machines use advanced artificial intelligence to enhance stitching precision, automate adjustments, and optimize fabric handling for superior sewing efficiency and quality. For instance, in June 2024, Jack Technology Co. Ltd., a China-based industrial sewing machine company, launched URUS for the sewing industry. This features an AI full-speed feeding system and a super brain with a million-level pressure-to-feed ratio model library, enabling it to handle diverse fabrics with precision and maintain high speeds. Its presser foot transformer and smart rhino feeding technologies provide rapid adjustments to fabric thickness and accurate power distribution, enhancing performance and addressing common issues in traditional overlock machines.
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Major Key Players of the Market:
Mitsubishi Electric Corporation, Aisin Seiki Co. Ltd., Brother Machinery Ltd., Husqvarna AB., JUKI Corporation, Jack Sewing Machine Co. Ltd., Shang Gong Group Co. Ltd., Usha International Limited, Janome Sewing Machine Co. Ltd., Kaulin Manufacturing Co. Ltd., Tacony Corporation, Bernina International AG, PEGASUS SEWING MACHINE MFG. CO. Ltd., Zoje Sewing Machine Co. Ltd., PFAFF Industrie systeme und Maschinen GmbH, Merrow Inc., Singer Sewing Company, Janome America Inc., ZSK Machines, Rimoldi& CF srl, SEIKO Sewing Machine Co. Ltd., China Feiyue USA Inc., Happy Japan Inc.
Industrial Sewing Machines Market 2024 Key Insights:
• The industrial sewing machines market size is expected to see strong growth in the next few years. It will grow to $4.23 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%.
• Rising Apparel Demand Drives Growth In Industrial Sewing Machines Market
• Innovative Artificial Intelligence-Powered Overlock Machines Enhance Precision, Speed And Fabric Handling
• Asia-Pacific was the largest region in the industrial sewing machines market in 2023
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