Market Research and Analysis Sewing Machines Market 2026

Sewing machines market will be growing at a CAGR of 4.6% during the
forecast period from 2018 to 2026
According to a new market research report published by Credence Research “Sewing Machines
Market (Product Type – Industrial (Flat Bed, Post Bed, Cylinder Bed and Off the Arm) and
Home/Domestic (Manual, Electric, Computerized and Over Locker); Application – Apparels, Shoes, Bags
and Others; Sales Channel – Online and Offline) – Growth, Future Prospects and Competitive Analysis,
2018 – 2026”, the global sewing machines market was valued at US$ 62.35 Bn in 2017 and will be
growing at a CAGR of 4.6% during the forecast period from 2018 to 2026.
Browse the full report at https://www.credenceresearch.com/report/sewing-machines-market
Market Insights
The sewing machines market was valued at US$ 62.35 Bn in 2017 and expected to grow at a
compounded annual growth rate (CAGR) of 4.6% during the forecast period from 2018 to 2026.
Increasing popularity of DIY (do-it-yourself) culture is an important factor contributing to the growth of
the sewing machines market. People in order to give a personalized touch to their garments, are
increasingly practicing home arts such as sewing and knitting. Moreover, sewing machines have
witnessed significant advancements in recent years. These advancements are focused upon efficiency
and precision. Another prominent factor aiding the sewing machines market growth can be attributed to
the declining cost of electronic sewing machines. This has enabled its adoption even across households
with modest income. Furthermore, in coming years, the demand for industrial sewing machines
expected to be on the rise, mainly owing to fact that garment manufacturers are increasingly opting for
high end sewing machines with a focus to save time, energy and reducing complexities.
In recent years, sewing machines have witnessed significant technological advancements. The outburst
of Industry 4.0 has further been an important contributor towards these advancements as a result of
which, apparel manufacturers are transitioning from manual sewing machines to digital sewing
machines. Moreover, it has also enabled sewing machines to be bestowed with plethora of new features
and functionalities. For instance, recently, Kinoshita introduced sewing machines with automatic bobbin
changers. Similarly, the sewing machines market has witnessed other innovations in the form of real-
time monitoring in sewing machines, modular sewing machines, convertibility in sewing machines,
smart sewing machines and digital feed system in sewing machines among others.
Asia Pacific stood as the largest market for sewing machines in 2017. The presence of a large number
sewing machine manufacturers headquartered in the region is an important factor propelling market
growth in the region. Moreover, the fact that a large number of apparel and non-apparel manufacturers
operates out of the region has further supported the demand for sewing machines in the region.
Some of the major players operating in the sewing machines market include China Feiyue, Brother
Industries, Juki Corporation, Jack Sewing Corporation, SVP Worldwide, Singer, Bernina International AG,
Pegasus Sewing Machine Mfg. Co. Ltd., PFAFF Industriesysteme und Maschinen GmbH and Million
Special Industries Co. Ltd. among others. Research and development is one of the most common
strategies adopted by the market players and it helps the companies to stay afloat in the market by
addressing the increasing competition.