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Sewing Machines Market to Reach USD 7.40 BN by 2030, at 5.60% CAGR from 2022 to 2030

Oct 13, 2023 1:00 PM ET

Sewing Machines Market to Reach USD 7.40 BN by 2030, at 5.60% CAGR from 2022 to 2030

The global sewing machines market will likely grow steadily. The increased awareness & new product launches and rapid growth in the fashion & textile industries would drive the market growth. According to Market Research Future (MRFR), the global sewing machines market is projected to grow to USD 7.40 Billion by 2030, registering a 5.60% CAGR during the estimated period (2022-2030). 

Besides, the rising do-it-yourself (DIY) trend, technology upgrades, and product developments substantiate the sewing machines market revenues. The upgrades in sewing machines, such as improved functionalities with the added convenience of automatic machines, accelerate the market shares. The growth in per capita disposable income in developing economies is a major driving force. 


Sewing Machines Market


The recent COVID-19 pandemic stirred the industry exponentially, creating a massive demand for industrial sewing machines to meet the demand for protective facemasks. Sewing machines proved to be a practical tool for self-reliance amid the coronavirus crisis. Many set up their start-up ventures and earned a reputation and good income. Industry players efficiently utilized this opportunity to expand their sales and reach. 

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Sewing Machines Market Segment

The report is segmented into product types, end-uses, distribution channels, and regions. The product type segment is sub-segmented into mechanical, electronic, and smart sewing machines. The end-use segment is sub-segmented into household and commercial. The distribution channel segment is sub-segmented into store-based (hypermarkets & supermarkets, and specialty stores) and non-store-based. By regions, the sewing machines market is segmented into Europe, North America, APAC, and the rest of the world. 

Sewing Machines Market Regional Analysis

North America dominates the global sewing machines market. The well-established apparel industry and the growing number of manufacturers across the region boost the demand for sewing machines. Besides, the vast development of powerful sewing machines and rapid growth in the key product segment drive the regional market’s growth.   

Europe stands second in the global sewing machines market. The region has been the global hub for fashion and modeling. The presence of manufacturing hubs in Germany and the UK, where a huge amount of cloth and materials are produced, positively influences the market growth. Additionally, the large and well-established fashion industry and the resurging economy in the region play a vital role in the growth of the sewing machines market. 

Global Sewing Machines Market – Competitive Analysis

The highly competitive sewing machine market is largely dependent on production and sales. Due to the strong presence of notable players accounting for a substantial market share due to their innovations, the market appears diversified. Market manufacturers incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product & technology launches to gain a larger industry share. 

Major Players

Leading sewing machine market players are Aisin Seiki Co., Ltd. (Japan), Merrow Inc. (US), Jack Sewing Machine Co., Ltd. (China), Pegasus Sewing Machine Mfg. Co., Ltd. (Japan), Usha International Limited (India), SEIKO Sewing Machine Co., Ltd. (Japan), SVP Holdings Ltd. (US), Brother International Corporation (US), + + Bernina International AG (Switzerland), Rimoldi& CF srl (Italy), China Feiyue, USA Inc. (US), Kaulin Manufacturing Co., Ltd. (Taiwan), Janome Sewing Machine Co., Ltd. (Japan), Tacony Corporation (US), and Juki Corporation (Japan). 

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Industry/ Innovation/ Related News: 

Aug. 17, 2023 — Singer Apparel Solutions (India), a leading player in the sewing machine industry, announced its expansion to overseas markets. Singer banks on exceptional product quality, cutting-edge technology, and industry expertise. The company has successfully established and gained recognition in international markets, contributing to the growth and development of the global sewing machine industry. 

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.


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