Global Sewing Machines Market 2015-2019 - New Market Report

From: Fast Market Research, Inc.
Published: Sun Sep 06 2015

Fast Market Research announces the availability of Technavio's new report "Global Sewing Machines Market 2015-2019" on their comprehensive research portal.

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. The global sewing machine market can be broadly segmented into two types on the basis of end-users:

* Home sewing machines
* Industrial sewing machines

Technavio forecasts the global sewing machine market to grow at a CAGR of 3.74% during the 2014-2019.

Get More Details on this Report and a Full Table of Contents at Global Sewing Machines Market 2015-2019

Commenting on the report, an analyst from Technavio’s team said: "The use of innovative embroidery software is a growing trend being witnessed in the global sewing machines market. The introduction of such software helps users to create their own distinctive themes. It includes tools for various aspects such as design, import, editing, managing, and merging and combining designs."

According to the report, 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.

Further, the report states that one of the main challenges hindering market growth is the high competition prevailing among the vendors for different product categories. This has led to frequent price wars and loss of consumers.

The key players in the Global Sewing Machines Market 2015-2019 are Bernina International AG, Brother Industries Ltd., Janome Sewing Machine Co. Ltd., JUKI Corp., Reliable Corp. and Singer Corp. while other prominent vendors include Durkopp Adler, Feiyue, Jaguar International, Kaulin Manufacturing, Million Special Industries, New Jack Sewing Machine, PFAFF, Pegasus Sewing Machine, Rimoldi, Seiko Sewing Machine, Shang Gong Group, Sun Star, TAJIMA Group and Xi'an Typical Industries

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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