The Europe Sewing Machine Market would witness market growth of 5.2% CAGR during the forecast period (2022-2028).
The sewing machines market is predicted to develop in the next years due to changing fashion styles, rising population, and the availability of electrical and computerized equipment. Furthermore, the large population necessitates mass manufacture of the garments, which is one of the key reasons that is projected to boost market revenue.
Sewing machines can be mechanical, electric, or computerized. A machine can stitch in a variety of methods, including backstitching and lockstitching. Customization options like styles and brand names are also available from manufacturers, which should boost the product adoption. In addition, by 2020, manufacturers in the sewing industry had begun to embrace automation and digitization to recover from the pandemic's losses.
Some of the most recent mechanical sewing machines contain a few additional capabilities as well as a small LED screen for selecting stitch patterns. In comparison, these mechanical sewing machines are simple to operate because they do not require any prior sewing knowledge from the user, making them ideal for beginners and household tailoring.
Textiles and clothes are a varied sector that employs 1.7 million people and generates a turnover of EUR 166 billion in the European manufacturing economy. The industry has experienced significant transformation in recent years to maintain its competitiveness, with a shift toward higher-value-added products. The EU textile and garment sector is a dominant player. Exports from the EU to the rest of the world account for more than 30% of the global market, and the EU Single Market is one of the largest in terms of size, quality, and design. Thus, the huge textile and garment sector has led to a high demand of sewing machines in the region.
Fashion and the high-end industry are symbols of European cultural heritage and skill. These activities contribute significantly to the EU economy, with 5 million people directly employed in the fashion value chain and over 1 million in the high-end industries. Fashion and high-end industries are among Europe's most vibrant and innovative industries. They are part of millions of people's daily lives and serve as ambassadors for European ideals including culture, creativity, innovation, and craftsmanship.
The Germany market dominated the Europe Sewing Machine Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $344.7 Million by 2028. The UK market is anticipated to grow at a CAGR of 4.4% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 6% during (2022 - 2028).
Based on Type, the market is segmented Electric, Computerized, and Manual. Based on Application, the market is segmented into Industrial, Commercial, and Residential. Based on Use Case, the market is segmented into Apparel, Shoes, Bags, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Sewing Machine Market will Hit $5.9 Billion by 2028, at a CAGR of 5.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mitsubishi Electric Corporation, Juki Corporation, Brother Industries, Ltd., Bernina International AG, Janome Corporation, Merrow Sewing Machine Co., Necchi Italia s.r.l., SVP-Singer Holdings, Inc., Tacony Corporation, and Usha International Ltd.
By Type
By Application
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