Sewing Machines Market Size, Strategy and Business Statistics by Forecast 2024
Posted by Pradeep Zende on February 27th, 2020
The growth of the apparel market has significantly contributed to the sewing machines market growth. The rising demand for customized apparel has led to an increasing number of tailoring shops, which is boosting the demand for sewing machines. There are several market players offering a variety of sewing machines with high-tech features to deliver desired designs and patterns. High competition owing to the presence of many players in the sewing machine market is forcing manufacturers to focus on product innovation and development. Manufacturers have started offering new and innovative product ranges in catalogs, stores, and e-commerce platforms. For instance, in June 2019, Brother International Corporation announced its 2020 lineup of 12 new machines, accessories, and software. The company’s machines combine technology with the latest trends in quilting, sewing, embroidery, and crafting, along with various other features.
Sewing Machines Market Size is projected to be valued at USD 20.23 Billion by 2025, registering a CAGR of 4.5% from 2019 to 2025.
Introduction of new and innovative features in sewing machines
Growth Opportunities in the Market
Access Report Details @ https://www.marketresearchfuture.com/reports/sewing-machines-market-8512
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About the AuthorPradeep Zende
Joined: February 12th, 2019
Articles Posted: 395
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