Market value of embroidery machines expected to increase by 2031 – KSU


Advances in embroidery machine manufacturing by providing multiple needles, larger hoops, and throat width machines are vital factors contributing to the growth of the market. In addition, the increasing growth of the textile industry, the industry being surplus in its trade, on a global scale, is poised to provide gains to the manufacturers of embroidery machines. Market giants are now focused on providing embroidery machines equipped with the latest technology such as built-in Wi-Fi and multi-needle machines. COVID-19 has postulated a drop with the market seeing a sharp drop in revenue in 2020. However, sales are expected to pick up and growth over the long-term forecast period will be stable.

According to Fact.MR, the global embroidery machine market is expected to grow at a stable CAGR of around 5% over the next ten years i.e. 2021-2031.

The following information and assessments are worth knowing for any market player, helping them to determine the prevailing dynamics and future trajectories in the Embroidery Machine market. They are part of the estimates of opportunities in different segments. The additional new opportunities have transformed the embroidery machine market into a fragmented landscape with more entry-level players entering the market, thanks to low barriers to investment.

The research report published by Fact.MR on the Computerized Embroidery Machine Market provides a detailed overview of the demand and consumption of various products / services associated with the growth dynamics of the market during the forecast period 2021 to 2031. The in-depth market estimate of the various opportunities in the segments is expressed in volume and revenue. The information and analysis on the Embroidery Machine market spans several pages. These are covered in many sections including, Drivers and Constraints, Challenges and Opportunities, Regional Segmentation and Opportunity Assessment, End-Use / Application Outlook Analysis and l assessment of the competitive landscape.

What are the main challenges facing embroidery machine manufacturers?

Fully equipped embroidery machines come at a high price. This is due to the high cost of owning and maintaining the machines. Embroidery machines are equipped with many hardware and software technologies to meet the demand of home and industrial use. These mechanical and software components require regular maintenance checks to ensure proper operation, especially industrial embroidery machines.

In addition, the introduction of features such as improved storage capacity, built-in embroidery designs, touch screen user interface, software solutions, intelligent technologies such as thread monitoring and automatic tension, as well as multiple needles and multiple functions have increased the cost of product ownership, and greatly affect the market position for large-scale growth.

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Regional analysis includes

  • North America (United States, Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Republic , etc.), Rest of Europe
  • CIS and Russia
  • Japan
  • Asia-Pacific excluding Japan (Greater China, India, South Korea, ASEAN countries, rest of APEJ)
  • Middle East and Africa (GCC countries, Turkey, Iran, Israel, South Africa, rest of MEA)

The report covers a comprehensive analysis on:

  • Market segments
  • Market dynamics
  • Market size and demand
  • Current trends / issues / challenges
  • Competition and companies involved
  • Technology
  • Value chain

The global Embroidery Machine market report offers in-depth ratings and quantitative assessments that shed light on many key aspects that shaped its evolution during the historical period. In the years to come, some of the key aspects that will shape the growth prospects over the forecast period are objectively addressed in the study.

Get more information – MR-survey-on-stock-market-trends-on-upcoming-stock-market-trends.html

Competition landscape

Fact.MR portrayed the following major embroidery machine manufacturers in their report:

  • Baby lock
  • Barudan embroidery machine
  • Bernina International
  • Brother industries
  • Happy Japan Inc.
  • Janome America Inc.
  • Melco International
  • Ricoma
  • Saurer AG
  • Singer Corporation
  • Tajima Industries Ltd.

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