Embroidery Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030
Embroidery Equipment Trends and Forecast
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 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are growing popularity of customized and personalized clothing, accessories, and home decor items, 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 is developed to help in your business decisions. Sample figures with some insights are shown below.
Embroidery Equipment by Segment
The study includes a forecast for the global embroidery equipment by machine type, needle type, end use industry, and region.
Embroidery Equipment Market by Machine Type [Shipment Analysis by Value from 2018 to 2030]:
- Cornely Hand-Guided Embroidery Machines
- Free Motion Embroidery Machines
- Computerized Embroidery Machines
Embroidery Equipment Market by Needle Type [Shipment Analysis by Value from 2018 to 2030]:
- Single Needle Embroidery Machines
- Multi-Needle Embroidery Machines
Embroidery Equipment Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Embroidery Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Embroidery Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies embroidery equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the embroidery equipment companies profiled in this report include-
- Baby Lock
- BERNINA
- Singer Sourcing Limited
- Brother International
- Tajima Industries
- Barudan
- Sunstar
- JANOME
- HEFENG
Embroidery Equipment Market Insights
Lucintel forecasts that 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 this market, commercial is expected to witnes 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.
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.
Features of the Global Embroidery Equipment Market
Market Size Estimates: Embroidery equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Embroidery equipment market size by machine type, needle type, end use industry, and region in terms of value ($B).
Regional Analysis: Embroidery equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different machine types, needle types, end use industries, and regions for the embroidery equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the embroidery equipment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the embroidery equipment market size?
Answer: The global embroidery equipment market is expected to reach an estimated $2.0 billion by 2030.
Q.2 What is the growth forecast for embroidery equipment market?
Answer: The global embroidery equipment market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the embroidery equipment market?
Answer: The major drivers for this market are growing popularity of customized and personalized clothing, accessories, and home decor items, 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 .
Q4. What are the major segments for embroidery equipment market?
Answer: The future of the embroidery equipment market looks promising with opportunities in the domestic and commercial markets.
Q5. Who are the key embroidery equipment market companies?
Answer: Some of the key embroidery equipment companies are as follows:
- Baby Lock
- BERNINA
- Singer Sourcing Limited
- Brother International
- Tajima Industries
- Barudan
- Sunstar
- JANOME
- HEFENG
Q6. Which embroidery equipment market segment will be the largest in future?
Answer: Lucintel forecasts that 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.
Q7. In embroidery equipment market, which region is expected to be the largest in next 5 years?
Answer: 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.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the embroidery equipment market 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)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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