- The key vendors in the global sewing machines market 2015-2019 are Bernina International AG, Brother Industries Ltd., Janome Sewing Machine Co. Ltd., JUKI Corp., Reliable Corp. and Singer Corp.
London, 23 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global sewing machines market 2015-2019. Growth in demand for computerized sewing machines is one of the major trends upcoming in this market. The computerized sewing machine not only stitches in the automated mode and saves time but also has many value-added features such as internet connectivity, enhanced memory, in-build sensors, adjustable screens and automatic tension adjustment. The global sewing machines market is expected to grow steadily, posting a CAGR of 3.74% during the forecast period of 2014-2019.
Source: Technavio Research
The growth of this market is mainly attributed to many factors such as a rise in the demand for apparel, the increase in per capita expenditure on clothes, the rising popularity of sewing pursued as hobby, growing interest in crafts, and the launch of technologically advanced and innovative sewing machines.
“Manufacturers are offering sewing machines that have casings made of polymers and plastics that are easy to mold, resistant to cracking and chipping, light, and easy to clean,” says Faisal Ghaus, Vice President of Technavio Research.
“Manufacturers are using metals that are lightweight; for instance, the frames of home sewing machines are made of injection-molded aluminum to make the machines lightweight. The introduction of handheld sewing machine for home purposes is also gaining popularity.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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