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Industrial Sewing Machines Market to Rise at 4.1% CAGR till 2026; Rising Purchasing Power in Developing Economies to Brighten Market Prospects

February 20, 2020 | Machinery & Equipment

The global industrial sewing machines market size is expected to touch USD 5.63 billion by 2026 on account of growing popularity of computer controlled sewing machines. The recent Fortune Business Insights™ report, titled “Industrial Sewing Machines Market Size, Share & Industry Analysis, By Product (Flat-Bed Sewing Machine, Cylinder-Bed Sewing Machine, Post-Bed Sewing Machines, Long-Arm Sewing Machine, Others), By Operation (Manual Sewing Machine, Automatic Sewing Machine, Computer Controlled Sewing Machine), By Application (Apparel and Non-Apparel), and Regional Forecast, 2019-2026”, shares that the market value stood at USD 4.10 billion in 2018 and will register a CAGR of 4.1% from 2019 to 2026.


JUKI and YKK Jointly Develop AiryString™, the Tapeless Zipper


Skyrocketing demand for fashionable garments, especially from urban areas, is one of the leading industrial sewing machines market trends and major companies in this market are developing machines with higher speeds and better efficiency. In January 2017, the Japanese industrial sewing machines leader, JUKI Corporation, and the leading zipper manufacturer, YKK Corporation, entered into a technology exchange partnership. In July 2019, the two companies collaboratively developed an innovative tapeless zipper called AiryString™, along with a specialized machine to sew zipper to the cloth. The tapeless zipper would remove the need to have the zipper tape, making the end product lighter and softer. The novelty shown in the development of this product proves that the scope for innovation is wide and seemingly boundless, thereby augmenting the market’s potential.


To Get the detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/industry-reports/industrial-sewing-machines-market-100613


Governmental Push to Construction Activities to Foster Sustained Market Growth


The industrial sewing machines market growth is anticipated to receive a major thrust from increasing government support to construction activities, especially in developing countries, to meet housing requirements in urban and rural areas. For instance, the Government of India approved the setting up of the National Urban Housing Fund in February 2018 to ensure availability of houses to the people all around the country. Similarly, in 2019, the government announced the Affordable Housing Fund for stalled housing projects in the country. Efforts to revitalize the housing sector in developing nations is expected to augment the industrial sewing machinery market demand as construction activities require sewn materials such as tarpaulins, canopies, and scaffolding nets.      


Entry of Industry Behemoths in the Apparel Business to Redefine Contours of Competition


Competition in this market set to get reenergized as diverse players seek to strengthen their position, the industrial sewing machines market report notes. While innovation is still the most preferred for companies, many other smaller participants are upping their game as they brace for the entry of large MNCs into the market. 


Industry Development:



  • April 2017: Amazon, the e-commerce giant, announced its entry into the apparel domain after it was awarded a patent for its on-demand garment manufacturing system. The system will enable the company to produce clothes only after a customer places an order. Fully computer-controlled, the system will include cutters, an assembly line, and textile printers.


Key Companies Covered:



  • JUKI Corporation

  • Brother Industries, Ltd.

  • PEGASUS SEWING MACHINE MFG. CO. Ltd.

  • Singer Sewing Company

  • PFAFF Industriesysteme und Maschinen GmbH

  • JACK Sewing Machine Co. Ltd.

  • Janome America, Inc.

  • Husqvarna AB.

  • Shang Gong Group Co., Ltd.

  • Bernina International AG


Further Report Findings:



  • With a market size of USD 2.95 billion in 2018, Asia-Pacific is poised to dominate the industrial sewing machines market share owing to the rising demand for personalized luxury goods and expansion of the automotive and construction industries.

  • Active promotion of textile manufacturing is expected to drive the market in the Middle East and Africa. For example, companies are exempted from paying taxes in the Fujairah, the free zone in the UAE.

  • Low cost of manual sewing machines is anticipated to aid dominance of the segment with a market share of 72.4%.

  • Adoption of automated sewing machines is foreseen to surge in the coming years as they offer a slew of advantages such as higher accuracy, low power consumption, and better cost-effectiveness compared to their manual counterparts.   


Global Industrial Sewing Machines Market Scope Table of Segmentation











































 ATTRIBUTE



 DETAILS



Study Period



  2015-2026



Base Year



  2018



Forecast Period



  2019-2026



Historical Period 



  2015-2017



Unit



  Value (USD billion)



Segmentation



By Product



  • Flat-Bed Sewing Machine

  • Cylinder-Bed sewing Machine

  • Post-Bed Sewing Machines

  • Long-Arm Sewing Machine 

  • Others (Heavy machines and others)



By Operation



  • Manual Sewing Machine 

  • Automatic Sewing Machine

  • Computer Controlled Sewing Machine



By Application



  • Apparel

  • Non-Apparel



By Region



  • North America (the U.S. and Canada)

  • Europe (Germany, UK, France, and the Rest of Europe)

  • Asia Pacific (Japan, China, India, Southeast Asia and the Rest of Asia Pacific)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

  • Latin America (Brazil, Mexico, and the Rest of Latin America)


Industrial Sewing Machines Market
  • PDF
  • 2018
  • 2015-2017
  • 140

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