Global Sewing Machine Market Size & Outlook
The sewing machine industry worldwide is expected to reach a projected revenue of US$ 6,004.8 million by 2028. A compound annual growth rate of 5% is expected of the worldwide sewing machine industry from 2021 to 2028.
Revenue, 2020 (US$M)
$4,056.6
Forecast, 2028 (US$M)
$6,004.8
CAGR, 2021 - 2028
5%
Report Coverage
Worldwide
Global sewing machine market, 2017-2028 (US$M)
Related Markets
Global sewing machine market highlights
- The global sewing machine market generated a revenue of USD 4,056.6 million in 2020 and is expected to reach USD 6,004.8 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 5% by 2028.
- In terms of segment, electric accounted for a revenue of USD 1,784.1 million in 2020.
- Computerized is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2020.
- Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 4,056.6 million |
| Market revenue in 2028 | USD 6,004.8 million |
| Growth rate | 5% (CAGR from 2020 to 2028) |
| Largest segment | Electric |
| Fastest growing segment | Computerized |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electric, Computerized, Manual |
Other key industry trends
- In terms of revenue, the North America accounted for 20.4% of the global sewing machine market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 95.8 million by 2028.
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Sewing Machine Market Scope
Sewing machine market segmentation & scope
Sewing Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global sewing machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sewing machine market will help companies and investors design strategic landscapes.
electric was the largest segment with a revenue share of 43.98% in 2020. Horizon Databook has segmented the Global sewing machine market based on electric, computerized, manual covering the revenue growth of each sub-segment from 2017 to 2028.
- Global Sewing Machine Type Outlook (Revenue, USD Million, 2017-2028)
- Electric
- Computerized
- Manual
- Global Sewing Machine Use Case Outlook (Revenue, USD Million, 2017-2028)
- Apparel
- Shoes
- Bags
- Other Use Case
- Global Sewing Machine Application Outlook (Revenue, USD Million, 2017-2028)
- Industrial
- Commercial
- Residential
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Target buyers of Global sewing machine market databook
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Our clientele includes a mix of sewing machine market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global sewing machine market , including forecasts for subscribers. This global databook contains high-level insights into Global sewing machine market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Global sewing machine market statistics, by regions, 2017-2028 (US$M)
Top 10 countries: Sewing machine market size, 2020 (USD Million)
Top 10 countries: Sewing machine market size, 2020 (USD Million)
Global sewing machine market, by region, 2020 (US$M)
Related regional statistics
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