The global embroidery market size is expected to gain momentum owing to the flourishing growth of the textile and apparel industry during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Embroidery Market, 2024-2032.” The rising growth of the textile industry, surge in demand, popular usage of products in the clothing industry, usage of smart machines, Presence in large parts of the world, multiple utilization, are major contributing factors for the growth of the market. For instance, SE600 computerized sewing and embroidery machine bundle comes with USB importable personalized design files for virtually unlimited design options.
COVID-19 Impact
Supply Chain Disruption to Hamper Growth
The COVID-19 pandemic caused a brief halt in manufacturing units at many locations across various sectors, due to severe government lockdown rules designed to halt the disease’s spread. The growth parameters are affected by supply chain disruption, strict regulation, and vehicle movement impacting factory production.
Information Source: https://www.fortunebusinessinsights.com/embroidery-market-104976
Top Company in the Embroidery Market:
- Broken Arrow Wear
- Corporate Casuals
- Embroidery Your Way
- Thread Logic
- LogoUp
- Happy Embroidery Machines
Segments
By type, the market is segmented into counted thread embroidery, outline embroidery, whitework embroidery, and others. On the basis of application, the market is segregated into apparel, household linens, and decorative fabric. On the basis of end-user, the market is fragmented into household and commercial. Finally, by geography, the market is divided into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
What does the Report Offer?
The report examines the market based on key market trends, key strategies of manufacturers, and key player’s recent development. The report covers the extensive methodological approach, which includes primary interviews and secondary research.
Drivers & Restraints
Increasing Demand for Smart Machine to Stimulate Growth
The global embroidery market growth is expected to grow due to the rising demand for smart machines during the projected period. These machineries have evolved over time, both in terms of hardware and software. Hardware enables the freedom to start and stop heads separately, unlike traditional machines that required operators to shut down all heads to change one bobbin. Additionally, onsite company management software allows the user to operate the shop from a single location. Other software advances, such as incorporated embroidered designs, smart machines, and a quick touchscreen display for convenient usage, is expected to boost the demand.
REGIONAL INSIGHTS
Booming Growth of Home Decoration to Promote Growth in Asia Pacific
Asia Pacific is expected to hold the largest global embroidery market share during the forecast period. India may be traced back to ancient times, when women used to embroider for their houses, eventually leading to the country becoming a profitable venture for recent technology. For instance, according to Economic Times, in April 2019, the Indian Home Decoration market witnessed a growth rate of 20% nationwide.
North America is expected to have a sizable share of the market. The clothing industry’s sales of machinery have been steadily increasing, and the United States has a high demand with significant use of high-end technologies to create exciting embroideries for the market.
Competitive Landscape
Manufacturers Focus on R&D Investments to Strengthen their Position
These are some of the most well-known embroidery machine makers. In addition, prominent market competitors are concentrating their efforts on substantial R&D, strategic mergers, and acquisitions. One of the top focuses for manufacturers in this field is to launch new products with enhanced connecting machines.
Industry Development
- April 2019: Happy Embroidery Machines partnered with Mid West Machinery to demonstrate placing orders on kiosks or websites.
