Global Sewing Machine Market 2015-2019 www.technavio.co m enquiry@technavi o.com
Global Sewing Machine Market 2015-2019
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Global Sewing Machine Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “There are several factors driving the growth of the global sewing machine market. One of the main drivers is the growth in the demand for apparel. The growing demand for fashion apparel and an increase in per capita expenditure on apparel have raised the expenditure on sewing machines. Another major driving factor is the rise in hobbyist sewing.”
• Sewing is an art form that is more than 20,000 years old but to reduce the manual sewing work performed in textile industries, the sewing machine was invented during the first industrial revolution.
• Technavio forecasts the global sewing machine market to grow at a CAGR of 3.74% during the 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Sewing Machine Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Global Sewing Machine Market 2015-2019
Bernina
Brother Industries
Juki
The company was founded in 1893 and is headquartered in Steckborn, Switzerland. It is an international manufacturer of sewing and embroidery machines.
Brother industries is a Japanese company, founded in 1908, and is headquartered in Nagoya, Japan.
Juki is a Japanese company and one of the biggest manufacturers of industrial sewing machines. The company has manufacturing facilities in China, Japan, Vietnam, and the US and sells its products in more than 150 countries.
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Market Landscape• The global sewing machines market is expected to witness steady growth in the
forecast period with the increasing penetration of varied and innovative sewing machines.
• The growth is attributed to many factors such as a rise in the demand for apparel, the increase in per capita expenditure on clothes, the rising popularity of sewing pursued as hobby, growing interest in crafts, and the launch of technologically advanced and innovative sewing machines.
• APAC was the highest in terms of volume sales and is expected to have the maximum growth in the forecast period.
• Consumers are looking for computerized, light and portable, and automated sewing machines which will inevitably lead to increased demand for sewing machines.
• However, high competition among manufacturers and the rising prices of raw materials may hinder the market growth.
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Key Buying Criteria
Parameter Details
Price Sewing machines should be available at a reasonable prices.
Quality The quality of sewing machines should live up to consumers' expectations. The consumer should be satisfied after using the product.
Durable Manufacturers should offer sewing machines that can last for a long time.
Design Manufacturers should offer unique designs and styles to meet customer demands.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Sewing Machine Market 2015-2019
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