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Strong Growth Ahead: Embroidery Machine Market Size To Grow At Arecord 15.2% Cagr By 2029
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Big Is the Embroidery Machine Market Size Expected to Be by 2034?
The market size of the embroidery machine has been witnessing robust growth in the recent past. It is expected to expand from a size of $2.54 billion in 2024 to around $2.68 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.5%. Factors contributing to the growth during the historical period are increased appetite for tailor-made apparel, preference for personalized items, the rising trend of manufacturing automation, growth in the fashion and textile industry, and the increase in e-commerce and online customization.
Expectations are set for the embroidery machine market to experience robust growth in the approaching years, with projections indicating a rise to $3.29 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.2%. Several factors contributing to this growth during the forecast period are the increase in demand for eco-friendly and sustainable products, the upward trend in customised and on-demand fashion, rising popularity of sportswear and activewear, amplified investments in textile manufacturing, and the need for high-quality and efficient production processes. The forecast period will also witness major trends such as the incorporation of digital technology into embroidery machines, a shift towards multi-purpose and versatile machinery, the use of 3D embroidery techniques, revolutionary improvements in embroidery machine functionality, and strides made in AI and machine learning pertaining to embroidery.
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What Are the Emerging Segments Within the Embroidery Machine Market?
The embroidery machine market covered in this report is segmented -
1) By Machine Type: Flat Bed Embroidery Machines, Multi-Needle Embroidery Machines, Single-Needle Embroidery Machines, Commercial Embroidery Machines
2) By Technology: Computerized Embroidery Machines, Manual Embroidery Machines, Digital Embroidery Machines
3) By Application: Textile Industry, Fashion Industry, Home Decor, Promotional Products
Subsegments:
1) By Flat Bed Embroidery Machines: Manual Flat Bed Embroidery Machines, Computerized Flat Bed Embroidery Machines, Industrial Flat Bed Embroidery Machines
2) By Multi-Needle Embroidery Machines: 4-Needle Embroidery Machines, 6-Needle Embroidery Machines, 10+ Needle Embroidery Machines
3) By Single-Needle Embroidery Machines: Home-Use Single-Needle Embroidery Machines, Portable Single-Needle Embroidery Machines, Computerized Single-Needle Embroidery Machines
4) By Commercial Embroidery Machines: High-Speed Commercial Embroidery Machines, Multi-Head Commercial Embroidery Machines, Automated Commercial Embroidery Machines
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What Long-Term Drivers Are Shaping Embroidery Machine Market Trends?
The embroidery machine market is set to expand, propelled by the development of the fashion and textile industry. This industry, which encompasses the design, manufacture, and distribution of clothes, fabrics, and associated accessories, is on an upward trajectory. Factors such as rising consumer demand for personalized clothing, innovative fabric technology, and the increasing trend for embroidery in both clothing and home decor are driving this growth. Embroidery machines play a crucial role in this rise, enhancing the beauty of textiles, ensuring precise stitching, and meeting the industry's need for mass customization. For example, Atradius, a Dutch trade credit insurance firm, reported in October 2023 that US textile and apparel shipments increased to $65.8 billion in 2022, compared to $64 billion in 2021. Additionally, the joined exports of fibers, textiles, and apparel rose to $34.0 billion in 2022, up from $28.5 billion in 2021. These exports reached over 200 countries, including 24 markets, each receiving over $100 million worth of merchandise. Therefore, the evolution of the fashion and textile industry is fueling the advancement of the embroidery machine market.
Who Are the Top Competitors in Key Embroidery Machine Market Segments?
Major companies operating in the embroidery machine market are Sunstar SWF Korea Inc., Bernina Inc., Husqvarna Viking, JANOME Corporation, ZSK Stickmaschinen GmbH, Brother International Australia, LASSER AG, Baby Lock, Richpeace, Yuelong Sewing, Tajima Industries Ltd, HEFENG, Melco International, Ricoma International Corporation, HappyJapan Inc., Feiya Group Co. Ltd., Barudan CO. LTD., Butterfly, Singer Sourcing Limited LLC, Maya.
What Embroidery Machine Market Trends Are Gaining Traction Across Different Segments?
Leading firms in the embroidery machine market are keenly investing in technological progress like smart and automated embroidery equipment to boost their effective, precise, and customer-friendly services. These modernized embroidery machines are furnished with IoT connectivity, AI-powered design recognition, live monitoring, and automated problem-solving features, aiming to improve the effectiveness, accuracy, and user-friendliness in the textile and clothing industry. For example, HSW International Pvt. Ltd., an Indian embroidery machine creator, launched the HSW 5G embroidery machine in September 2023. This invention targets improving the embroidery experience by integrating advanced and effective features. This equipment offers protection against high and low voltage variations to avert electrical failures and comprises a blinking needle position alert for swift problem detection. With these attributes, the HSW 5G embroidery machine aspires to enhance productivity and accessibility for industry specialists as well as embroidery hobbyists.
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Which Regions Are Becoming Hubs for Embroidery Machine Market Innovation?
North America was the largest region in the embroidery machine market in 2024. The regions covered in the embroidery machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Embroidery Machine Market?
2. What is the CAGR expected in the Embroidery Machine Market?
3. What Are the Key Innovations Transforming the Embroidery Machine Industry?
4. Which Region Is Leading the Embroidery Machine Market?
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