Sewing Machine Market size is expected to be valued at USD 5,387.2 million in 2022 and is expected to grow at a CAGR of 6.4% from 2022-2028. A sewing machine is a motorized tool used for fabric stitching and other bendable materials together with the help of threads. Sewing Machine has significantly enhanced the efficacy and production of the needle, fabric, and garment businesses across the world. Currently, technologically advanced sewing machines are gradually becoming more appropriate than the earlier ones. The increasing demand for technical textiles can lead to the sewing machine market growth. Moreover, the growing use of sewing machines in manufacturing applications and the growing implementation of automation in textile and apparel businesses are some primary factors that can boost the global sewing machine market. Apart from these, continuous innovations and growing customers can also accelerate the market in the future. The increasing number and importance of e-commerce platforms can also drive the global market further. However, some factors such as the increased risk of severe injuries such as short circuits and electrical shocks and the requirement of some patience and skill can be difficult and annoying for beginners which can restrain the growth of the market. Companies should focus on computerized sewing and the demand for the same is increasing which can create an opportunity for the global sewing machine market growth.
In May 2021, KSL KL 500 robot units for robot-supported production of application-specific decorative seams in the automotive interior sector were launched by PFAFF Industries.
In January 2020, The JUKI Corporation announced the merger of its businesses JUKI Industrial Co., Ltd. and JUKI Precision Co., Ltd in order to improve productivity.