Heavy Duty Sewing Machines Market Trends: US$ 5.30 Billion by 2029
Heavy Duty Sewing Machines Market size was valued at US$ 3.62 Bn. in 2022 and expected to reach US$ 5.30 Bn. by 2029 at a CAGR of 5.6% during the forecast period.
Heavy Duty Sewing Machines Market Overview:
The purpose of this study is to provide an in-depth analysis of the Heavy Duty Sewing Machines Market by component, application, industry, and geography. The study provides detailed information on the major factors influencing the growth of the Heavy Duty Sewing Machines industry. The study also provides a thorough examination of the market’s value chain.
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Heavy Duty Sewing Machines Market Scope:
The research method used to assess and forecast the Heavy Duty Sewing Machines market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the Heavy Duty Sewing Machines market.
Heavy Duty Sewing Machines Market Drivers:
Growing demand for apparels and non-apparels across the globe owing to changing consumer choices in fashion and lower manufacturing cost of heavy duty sewing machines are the factors considered to drive the growth of the market. In addition, increasing demand for heavy duty sewing machines in textiles and automotive industries for leather seats manufacturing, fabric board designing, car covers manufacturing, carpet sewing and other applications is the factor considered to attribute growth in the market. Nowadays, textile manufacturers are increasingly investing in new apparels manufacturing which has created augmenting demand for cloth retailing as well as e-retailers across the globe.
According to International Textiles Manufacturers Federation (ITMF), the global textile industry is expected to register CAGR of approximately 4.6% during the period of 2023-2029 to reach approximately 1400 billion USD owing to increasing use of natural fibers including cotton, silk and others.
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Heavy Duty Sewing Machines Market Segmentation:
by Machine Type
Flat lock
Over lock
Button hole machine
Single needle lock stitch machine
Others
by Product
Electronic sewing machine
Mechanical sewing machine
Computerized Embroidery
Others
by Application
Apparel and Garments
Automotive Upholstery
Leather Goods
Home Furnishings
Industrial Fabrics
Others
by End Users
Residential
Commercial
Industrial
Heavy Duty Sewing Machines Market Key Players: The key players are
1. Singer Corporation
2. Brother Industries, Ltd.
3. Kaulin
4. Bernina International AG
5. JUKI Corporation
6. PFAFF GmbH
7. Seiko Sewing Machine Co. Ltd.
8. Janome
9. Pegasus Sewing machine Mfg. Co. Ltd.
10 Jack Sewing machine Co. Ltd.
11 Million Special Industries Co. Ltd.
12 W.S Bessett, Inc.
13 Toyota
14 AMF Reece CR
15 Durkopp Adler AG
16 Mitsubishi Electric Corporation
17 YAMATO
18 Husqvarna AB
19 Shang Gong Group Co. Ltd.
20 Feiyu
21 ZOJE
22 Jaguar
23 Viking
24 MAX
25 Maqi
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Heavy Duty Sewing Machines Market Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
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COVID-19 Impact Analysis on Heavy Duty Sewing Machines Market: The report also includes the detailed impact of COVID-19 on the Heavy Duty Sewing Machines market.
Key Questions Answered in the Heavy Duty Sewing Machines Market Report are:
Which segment had the largest share in the Heavy Duty Sewing Machines market?How is the competitive scenario of the Heavy Duty Sewing Machines market in 2020?Which are the key drivers impacting the Heavy Duty Sewing Machines market growth?Which region holds the maximum share in the Heavy Duty Sewing Machines market?What will be the CAGR of the Heavy Duty Sewing Machines market during the forecast period (2021-2027)?
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