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Global Industrial Sewing Machines Market to Grow at a CAGR of 5.5% During 2021-2026, Driven by Demand for Technical Textiles

According to a new report by EMR titled, ‘Global Industrial Sewing Machines Market Report and Forecast 2021-2026’, the market attained a value of about USD 3 billion in 2020. The industry is further expected to grow at a CAGR of 5.5% in the forecast period of 2021-2026 to reach a value of USD 4.15 billion by 2026.

The growing applications for technical textiles have been driving the market for industrial sewing machines. Textile fabrics which are made of natural and synthetic fibers, find their usage in diverse sectors such as agriculture, construction, and clothing. The reason is the better insulation property, heat resistance and better strength of these textiles. The industrial sewing machines industry is also being propelled by the automobile and aviation sector. The nylon tire cord, seat belt webbing, carpets, aircraft disposables and other products in the industry are manufactured through the help of industrial sewing machines. Rising usage of electric vehicles in the recent years will lead to a spurt in the growth of industrial sewing machine market.

In product segmentation, flat bed sewing machines is one of the market leaders which is due to their popular adoption in producing garments, shoes, leather products, technical textiles, and other applications. The computer controlled industrial sewing machine in the operation classifications will grow significantly in the upcoming years. The reason is attributed to growing automation in the industries and the higher productivity, lower costs, and power consumption as well as better efficiency in the time taken for production. In application segment, apparel dominates the industrial sewing machine market owing to the evolving fashion trends in young population.

The large companies in the market have been launching new products to augment the demand. In October 2020, Juki Corporation (OTCMKTS: JUKIY) announced the new product LH-45000C series with the new S type series model. The product claimed to have better seam quality and lower setup time while also being able to connect with production management app. The newly launched products will enhance the growth of industrial sewing machines in upcoming years.

Market Analysis by Product Type, Operation Method, Application and Regions:

  • The product types for industrial sewing machines are flat bed, cylinder bed, post bed, and feed-off-arm, among others.  
  • The operation methods for the industry are mechanical, automatic, computer controlled, and embroidery, among others.
  • The applications for the industry include apparel and non-apparel, among others.  
  • The regional markets for industrial sewing machines include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The growth of fashion industry will enhance the demand for industrial sewing machines.
  • Rise in e-commerce platforms is accelerating the growth of industry.
  • The increasing disposable income of the growing population will provide impetus to the growth of market.
  • The technical textiles used in various industries such as agriculture and construction will fuel the market demand.
  • The new and innovative technological upgrades will bolster the growth of industry.

Key Offerings of the report: 

  • The EMR report gives an overview of the global industrial sewing machines industry for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecasted (2021-2026) markets for the product type, operation, application, and major regions of industrial sewing machines industry. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global industrial sewing machines market are Juki Corporation, Brother International Corporation, Mitsubishi Electric Corporation, AMF Reece CR, s.r.o., BERNINA International AG, and Jack Sewing Machine Co. Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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