Market Overview

Global Sewing Machine Market 2018-2022 | Advent of Smart Sewing Machines to Boost Demand | Technavio

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The global sewing machine market 2018-2022 is expected to post a CAGR of
more than 4% during the forecast period, according to the latest market
research report by Technavio.

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Technavio has published a new market research report on the global sewing machine market from 2018-2 ...

Technavio has published a new market research report on the global sewing machine market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is strong demand for
apparel due to rise in population. Over the last five to six decades,
the global population has undergone a tremendous year-over-year growth.
This increase in population calls for a significant demand for clothing.
In addition, the global apparel market has been witnessing a high growth
momentum over the past two decades. This is because clothing products
have transformed from a necessity to fashion statements and luxurious
items and are also used as protective wear. As sewing machines play a
vital role in manufacturing ready-made clothes, the surge in demand for
ready-made clothing is estimated to drive the global sewing machine
market during the forecast period.

This market research report on the global
sewing machine market 2018-2022
also provides an analysis of the
most important trends expected to impact the market outlook during the
forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the introduction of wirelessly
connected/smart sewing machines as one of the key emerging trends in the
global sewing machine market:

Global sewing machine market: Introduction of
wirelessly connected/smart sewing machines

Owing to the inclination of adopting smart machinery, the prominent
vendors are introducing smart sewing machines, which can be controlled
and operated using a Wi-Fi connection. For instance, Janome, one of the
leading vendors, has introduced a wireless connected sewing machine that
allows creating and editing embroidery designs and remotely sharing them
with a sewing machine.

"Wireless connected machines eliminate the need for linking the
machines with computers through cables or sharing data using a USB flash
drive. Wireless technology facilitates keeping backups of the designs
online and enables the machines to have timely software updates. During
the forecast period, various players are expected to introduce similar
products to sustain the competition in the market,"
says a senior
analyst at Technavio for research on home, kitchen, and large appliances.

Global sewing machine market: Segmentation
analysis

This market research report segments the global sewing machine market by
end-user (household and industrial), by the application (apparels,
shoes, and bags), and geographical regions (APAC, EMEA, and the
Americas).

The APAC region led the market in 2017 with a market share of close to
57%, followed by the Americas and EMEA respectively. Although EMEA held
the smallest share of the market, it is expected to witness the maximum
increase in its market share over the forecast period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

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