Sewing Machine Market: Key Aspects, Market Size, and Growth Rate from 2024 to 2029

Prominent Growth Factors and Notable Drivers in the Global Sewing Machine Market Space

What Is The Projected Market Size Of The Global Sewing Machine Market And Its Growth Rate?

According to analyses, the sewing machine market has witnessed a significant expansion in recent years. Some key figures related to the market growth include:
• In 2024, the market size was pegged at $5.26 billion, which is projected to grow to $5.59 billion in 2025, marking a compound annual growth rate (CAGR) of 6.3%.
• This growth is expected to be fuelled by various factors including surge in the fashion and apparel industry, expansion of home sewing and DIY crafting activities, increasing disposable income, the demand for industrial sewing machines, and heightened interest in the textile and leather industries.
• Looking ahead, the market size is forecasted to reach $7.26 billion in 2029 with a CAGR of 6.8%. This growth will be primarily driven by factors like adoption of computerized and automated sewing machines, market expansion in emerging economies, research and development in sustainable sewing technologies, and the growing demand for smart and connected sewing machines.

What Is Driving The Growth In The Sewing Machine Market?

The sewing machine market is experiencing growth propelled by the rapid expansion of the textile industry. A sewing machine, used for stitching fabric and other materials using thread, has immense utility in the textile industry. According to the National Council of Textile Organizations (NCTO), the estimated value of U.S. shipments in the man-made fiber, textile, and apparel sector reached $65.8 billion in 2022, showing an increase from the $64.04 billion recorded in 2021. Given the significant rise of textile exports to the Western Hemisphere, the sewing machine market is expected to witness further growth.

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Who Are the Key Players Driving Sewing Machine Market Growth?

Prominent companies operating in the sewing machine market include:
• Brother Industries
• Janome
• Singer Corporation
• Bernina
• Husqvarna Viking
• Pfaff
• Juki Corporation
• Toyota Industries
• Elna
• Baby Lock

What Are The Key Trends In The Sewing Machine Market?

The sewing machine market is witnessing the following trends:
• Adoption of computerized and programmable machines
• Launch of smart and IoT-enabled sewing machines
• High-speed industrial sewing machines
• Integration of AI for pattern recognition
• Eco-friendly and sustainable sewing practices

What Are The Segments Of The Global Sewing Machine Market?

The global sewing machine market is classified by:
1) Type: Mechanical, Electronic, Automated, Embroidery, Overlock, Others
2) Distribution Channel: Online, Offline
3) Application: Apparel, Shoes, Bags
4) End-Users: Household, Commercial, Industrial

Which Region Leads The Sewing Machine Market?

In 2024, Asia-Pacific emerged as the largest region in the sewing machine market. The region is also anticipated to be the fastest-growing market in the forecast period. Other regions covered in the sewing machine market report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What Is Covered In The Sewing Machine Market Global Market Report?

- Market Size Analysis: Analyze the Sewing Machine Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Sewing Machine Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Sewing Machine Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Sewing Machine Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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