Sewing Machine Market Analysis Report and News 2024

1. Downloaded from: justpaste.it/5he88 Sewing Machine Market Forecast to 2024 and Report A sewing machine is a machine that is used for stitching various fabrics. It has a needle and a shuttle to carry thread. These machines are often powered by treadle, waterpower, or electricity. With ongoing technological advancements, sewing has become easier and less time consuming than in the past. Get Sample of the Report: https://www.technavio.com/talk-to-us? report=IRTNTR41599&type=sample&src=report The sewing machine market size has the potential to grow by USD 11.96 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. This report provides a detailed analysis of the market by application (apparel, shoes, bags, and others), end-user (industrial and household), and geography (North America, APAC, Europe, South America, and MEA). Also, the report analyzes the market’s competitive landscape. It offers information on several market vendors, including Ares Capital Corp., BERNINA International AG, Brother International Corp., China Feiyue USA Inc., JACK Sewing Machine Co. Ltd., JANOME SEWING MACHINE Co. Ltd., JUKI Corp., Mitsubishi Electric Corp., Shang Gong Group Co. Ltd., and ZOJE SEWING MACHINE Co. Ltd. How Will Strong Demand for Apparel Influence Sewing Machine Market Growth? The strong demand for apparel due to the rise in population is driving sewing machine market growth. Over the past few decades, the global population has undergone a tremendous year-over-year growth, which has resulted in the high demand for clothing. The demand for apparel is also increasing as these products have transformed from necessary protective wear to luxurious items used to make fashion statements. Therefore, the strong demand for apparel is leading to an increase in the need for sewing machines, which play a vital role in manufacturing ready-made apparel. During the forecast period, market trends such as the emergence of automated sewing machines will also impact market growth positively as these machines help in eliminating the problem arising from the lack of skilled labor, errors, downtime, and safety concerns. Moreover, automated sewing machines also help to enhance efficiency and production capacity, which will drive market growth. The strong demand for apparel due to rising population coupled with the emergence of automated sewing machines will drive the market growth at a CAGR of almost 11% during the forecast period. What are the Key Factors Covered in this Sewing Machine Market Report? CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will drive sewing machine market growth during the next five years Precise estimation of the sewing machine market size and its contribution to the parent market Accurate predictions on upcoming trends and changes in consumer behavior

2. The growth of the sewing machine industry across North America, APAC, Europe, South America, and MEA A thorough analysis of the market’s competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of sewing machine market vendors