Global Embroidery Machine Market

Global Embroidery Machine Market Overview:

Embroidery is the practice of adding thread or wool to the cloth or other materials using a needle. Other materials used in embroidery include pearls, crystals, quills, and sequins. The word machine embroidery refers to making a pattern on a garment using a sewing machine or a specialty embroidery machine. It’s most widely used for commercial purposes because it’s an excellent technique for marking products or uniforms and creating patterns for solely decorative purposes. The capabilities of embroidery machines vary, and they all need varying amounts of user feedback. Others would enable to adjust the thread color in the middle of the process, while some will immediately trim and change colors.

Global Embroidery Machine Market Insights

The global embroidery machine market size was valued at USD 2.20 billion in 2020 and projected to reach USD 2.48 billion by 2027, growing at a CAGR of 1% during the forecast period, 2021-2027. The major factors are the growing end-use industries such as the apparel & garments industry. Additionally, the ever-increasing technological innovation in embroidery machinery and massively growing population will spur the global embroidery machine industry in the future periods. Furthermore, rising investment by the fashion industry to decorate garments and apparel is expected to witness remarkable growth of embroidery machines. The increasing utilization of embroidery machines in home décor and interior decor is expected to propel the demand for embroidery machines over the coming years. Moreover, the rising investment by the leading players coupled with the technological advancement in computerized embroidery machines, including LCD touch screens, USB connectivity, and embroidery adviser software, positively impacts the market for the embroidery machine. Furthermore, the growing demand for house apparel and the rising trend of attractive clothes & garments fuel the demand for the embroidery machines market. The significantly growing fashion industry, the increasing prominence of online sales, and the rising impact of western culture on consumers will bolster the growth of global embroidery machine market share. Additionally, the frequently changing fashion trends promoted by the social media platforms such as Instagram, TikTok, Facebook & Snapchat, and consumer desire for affordable and instant fashion is propelling the growth of the embroidery machine market across the globe.

Growth Driver

Rising fashion industry

The rising fashion industry is projected to drive the market during the forecasted 2021-2027 at a significant rate. Fashion has a history of pushing the boundaries. Fashion is looking to the future of fresh developments and ideas. In the coming years, emerging technologies and changing consumer trends can drive a lot of creativity in the fashion industry, which is expected to drive the global embroidery machine market. The materials are stitched on with embroidery devices. They are used to make branded workwear, sportswear, and a variety of other individualized garments. They are strong and capable of rapidly turning orders around to meet the demands and desires of consumers. The global fashion industry is expected to increase from 1.51 trillion dollars in 2020 to about 2.24 trillion dollars by 2025, indicating that the demand for clothes and shoes is increasing, which is likely to fuel the market. While the Asia Pacific region had the highest level of growth at 4%, the geographic distribution of apparel demand share is projected to remain largely constant between 2015 and 2020. Thus, the rising fashion industry is predicted to propel the global market at a significant rate.

Type Segmental Analysis

Based on the type, the global embroidery machine market is segregated into the single head and multi-head. The multi-head segment is estimated to witness the highest growth over the analysis timeframe. It is due to the benefits of multi-head over single-head embroidery machines, including improving production time on the system, high product quality, and stable stitching. In addition, the multi-head embroidery machines are ideal for high output production and utilized to developed colorful and attractive embroidery designs and patterns on clothes, fabrics, and garments. The single head will grow significantly due to the advantage of low cost and increasing adoption in small business units.

Application Segmental Analysis

Based on the application, the global embroidery machine market is classified into residential, industrial, and commercial. The industrial is expected to be the highest revenue share for embroidery machines during the forecast period. The segment’s growth is primarily attributed to the increasing adoption of intelligent technology such as the Internet of Things and big data in the production line coupled with the significantly growing textile and garment industry. The commercial segment will witness a lucrative growth rate in the estimated period due to rising adoption to make product attractive and growing use in product branding & corporate advertising.

Region Segmental Analysis

By geography, the global embroidery machine market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is estimated to considerable growth over 2020-2027. It is owing to the growing power of the fashion industry and surge in consumer’s disposable income coupled with leading player’s presence across the region. The Asia Pacific will capture a prominent share of the embroidery machine market by 2027. It is due to the improving the standard of living, changing consumer preferences, and expanding textile as well as the fashion industry.

Competitor Analysis

Companies such as Tajima Industries Pvt Ltd, Saurer AG, Zhejiang Xinsheng Technology Corp. Ltd., SunStar, ZSK Stickmaschinen GMBH, Happy Japan Inc, Pfaff, Brother Sewing Machines Europe GmbH, Feiya, Lejia, Yonthin, Zhejiang Feiying Electric Machinery, Barudan Co. Ltd, Richpeace Group, WEMS, Zoje Dayu Machinery Co. Ltd, Autowin, Deyuan Machine and Sheen are the key players in the global embroidery machine market.

Key Stakeholders

• Market research and consulting firms
• Industry associations
• Global embroidery machine manufacturing firm
• Research organizations and consulting companies
• Organizations, associations, and alliances related to embroidery machine
• Regulatory bodies
• Suppliers
• Retailers

The objective of the Research

• Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
• Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
• Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
• Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
• The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.

 

Market Modelling

By Type

• Single Head
• Multi Head

  By Application

• Residential
• Industrial
• Premium
• Others
• Commercial

  By Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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