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Sewing machines set for rapid growth globally

Global sewing machine market is expected to grow at a CAGR of 4.6 per cent from 2018 to 2026. The increasing popularity of the do-it-yourself culture is an important factor contributing to the growth of the sewing machine market. People in order to give a personalized touch to their garments are increasingly practicing home arts such as sewing and knitting. Moreover, sewing machines have witnessed significant advancements in recent years. These advancements are focused upon efficiency and precision. Another prominent factor aiding the sewing machine market growth can be attributed to the declining cost of electronic sewing machines. This has enabled their adoption even across households with modest income. Furthermore, in coming years, the demand for industrial sewing machines is expected to be on the rise, mainly owing to fact that garment manufacturers are increasingly opting for high end sewing machines with a focus to save time, energy and reducing complexities.

In recent years, sewing machines have witnessed significant technological advancements. Apparel manufacturers are transitioning from manual sewing machines to digital sewing machines. Moreover, sewing machines have been bestowed with a plethora of new features and functionalities.

For instance, Kinoshita introduced sewing machines have automatic bobbin changers. Similarly the sewing machine market has witnessed other innovations in the form of real-time monitoring in sewing machines, modular sewing machines, convertibility in sewing machines, smart sewing machines and digital feed system in sewing machines, among others.

Asia Pacific is the largest market for sewing machines. The presence of a large number of sewing machine manufacturers headquartered in the region is an important factor propelling market growth in the region.

Some of the major players operating in the sewing machine market include China Feiyue, Brother, Juki, Jack, Singer, Bernina, Pegasus and Million Special, among others. Research and development is one of the most common strategies adopted by the market players and it helps companies stay afloat in the market by addressing the increasing competition.

 
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