According to a market report by Lucintel, the future of the global embroidery equipment market looks promising with opportunities in the domestic and commercial markets. The global embroidery equipment market is expected to reach an estimated $2.0 billion by 2030 from $1.5 billion in 2024,at a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are the growing popularity of customized and personalized clothing, accessories, and home decor items, the rising prevalence of embroidered designs in fashion runway exhibitions and various facets of popular culture, and progress in embroidery equipment technology to produce high-quality designs at faster speeds.A more than 150-page report to understand trends, opportunity and forecast in embroidery equipment market to 2030 by machine type (cornely hand-guided embroidery machines, free motion embroidery machines, and computerized embroidery machines), needle type (single needle embroidery machines and multi-needle embroidery machines), end use industry (domestic and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the machine type category, computerized embroidery machines will remain the largest segment over the forecast period because these machines come with an extensive pre-programmed stitch library, requiring users to input basic commands, as well as facilitate the downloading of additional applications from the internet, thereby broadening employees capabilities.
Within the end use category, commercial is expected to witness the higher growth over the forecast period due to rising applications in the apparel and fashion industry for embroidery, as well as its growing demand in commercial applications include hotels, restaurants, and retail stores among others.
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In terms of regions, APAC will remain the largest region over the forecast period due to presence of large-scale manufacturing businesses and traditional market for embroidery machines in China and India.
Baby Lock, BERNINA, Singer Sourcing Limited, Brother International, Tajima Industries, Barudan, Sunstar, JANOME, HEFENG are the major suppliers in the embroidery equipment market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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