Global Industrial Sewing Machine Market Size, Share And Forecast To 2030

(MENAFN- Straits Research) Industrial sewing machines are an essential part of several industries that necessitate the procedure of stitching. In a nutshell, the industrial sewing machine is designed for professional and expert sewing tasks that run for extended periods, like shoe manufacturing and apparel manufacturing in the clothing industry in the middle of others. The industrial sewing machine is additionally competent and operates faster than the standard sewing machine used for domestic or household purposes. These machines can manufacture additional products within a shorter period than domestic sewing machines. Industrial sewing machines come for diverse operations as per the necessity of the end-user.
Market Dynamics
Growing Leather Industry and Technical Textiles and Increased Demand for Leather Bags to Drive the Global Industrial Sewing Machine Market
In recent years, the expansion of the leather goods market has been mainly attributed to the increased demand for high-quality leather wallets, fashionable purses, and other leather products. The need for industrial sewing machines is expanding due to the substantial government support for the leather sector. India, for instance, permits 100% Foreign Direct Investment via the automatic approach, and the government has decreased the excise duty on leather shoes with a suggested retail price of around USD 14.55 per pair from 12% to 6%. Leather is extensively utilized in producing various automobile components, including seats and clothes, and industrial sewing machines are used to stitch these luxury leather products.
On the other hand, the increasing popularity of technical textiles is also exerting pressure on the market for industrial sewing machines. These natural and synthetic fabrics, such as Saran, Modal, Vinyon, Nomex, and Spandex, exhibit outstanding thermal resistance, strength, and insulation. Technical textiles struggle to find uses in the apparel, agriculture, and construction industries. Specifically, these textiles are used in the construction industry to build scaffolding nets, tarpaulins, roofing materials, and canopies. It is projected that the demand for technical textiles and industrial sewing machines will increase in the following years.
Moreover, the local and international tourism industries boost the leather goods industry. Widespread travel necessitates luggage that can withstand rough treatment, appears upscale, and is simple to carry. These styles of leather baggage bags have gained popularity in recent years. Due to the rise in domestic and international travel, the market for industrial sewing machines is rising. The luggage business uses industrial sewing machines to sew and stitch bags.
Implementation of Industry 4.0 and Rising Demand for Small, Energy-Efficient, Light, and Durable Industrial Sewing Machines to Create Global Industrial Sewing Machine Market Opportunities
Multiple industries are quickly adopting Industry 4.0, which stimulates the need for innovative solutions. The business value chain has been updated and modified by introducing cutting-edge technologies such as the Internet of Things (IoT), artificial intelligence (AI), and 3D printing. These technologies are rapidly incorporated into industrial sewing machines to collect and analyze real-time data, resulting in market expansion.
On the other hand, the demand for tiny, energy-efficient, sturdy, and lightweight industrial sewing machines ensures growth potential for the industrial sewing machine market. Developments in the manufacturing and performance of industrial sewing machines can reduce machine downtime and provide computers an advantage over conventional machines, resulting in market expansion.
Regional Insight
The Asia Pacific region will command the market while growing at a CAGR of 4.74% during the forecast period. In Asia-Pacific, industrial sewing machines are in exceptionally high demand due to the region's robust automobile industry. Due to the need for home textiles such as bed linens and cloth flooring, it is projected that the shipping industry will continue to promote the usage of these machines. Japan is recognized for its technological superiority and production of several electrical and automotive components.
As a result of the progression of time, vehicles currently have over 20,000 unique components and are increasingly complex. Demand for industrial sewing machines is driven by the automobile industry, as car seats and coverings are essential to the comfort and look of automobiles. The demand for additional car covers, ship floorings, curtains, and bed linens, frequently utilized in the construction of autos, ships, and other vehicle parts, will boost the regional market.
Europe is forecasted to hold the second largest market share and is anticipated to reach USD 803.8 million by 2030 at a CAGR of 2.28%. In addition to having the most significant automotive industry in the world, Europe is a pioneer in the textile and garment industries. Automotive seats made from leather or cloth are sewn using industrial sewing machines. The automotive sector significantly impacts the prosperity of the European economy as a whole. It generates about 13 million jobs and a sizable portion of the continent's exports. In the vehicle business, seats are typically constructed from synthetic leather and other materials. Due to Europe's expanding automobile industry, the region's demand for industrial sewing machines will undoubtedly rise.
Key Highlights

The global industrial sewing machine market had a revenue holding of USD 2,973 million in 2021. It is expected to reach USD 4,692 million by 2030, growing at a CAGR of 5.2% (2022-2030).
Based on the type, the general sewing machine section will hold the largest market share, expanding at a CAGR of 4.36% during the forecast period.
Based on the application, the apparel segment is estimated to grow at a CAGR of 3.87% and have the most significant shareholding.
Based on the channel, the direct channel section will hold the most significant market share, growing at a CAGR of 4.52%.
Based on regional analysis, the Asia Pacific region will command the market while growing at a CAGR of 6.25% during the forecast period.

Competitive Landscape

Juki Corporation
Jack Sewing Machine Co. Ltd
Zoje Sewing Machine Co. Ltd.
ShangGong Group
Barudan Co. Ltd.
ZSK Machines
Happy Japan Inc.
Feiya Group Co. Ltd
Mitsubishi Electric Corporation
Seiko Sewing Machine co., Ltd.

Market News

In January 2022, Coloreel was developed by ZSK Machines. This unique technology for the digital dyeing of textile thread is on-demand for more sustainable and creative embroideries.
In April 2022, Juki Corporation and Pegasus Sewing Machine MFG Co Ltd developed Differential Lower Feed Safety Stitch Machines and Overlock Machines with integrated Control box M900/DJ series.
In May 2022, the world's first laser communication terminal integrating space optical communication and spatial acquisition was developed by Mitsubishi Electric.

Global Industrial Sewing Machine Market Segmentation
By Type

General Swing Machines
Embroidery Machines
Quilting Machines
Others

By Application

Apparels
Shoes
Bags
Home Textiles
Car Products

By Sales Channel

Direct Channel
Indirect Channel

By Region

Asia-Pacific
Europe
North America
South America
The Middle East and Africa

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