Global Embroidered Badges and Patches Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Embroidered Badges and Patches Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

An embroidered patch, also known as a cloth badge, is a piece of embroidery which is created by using a fabric backing and thread. The art of making embroidered patches is an old tradition and was originally done by hand. High-speed, computerized machines have led to mass production.

Market Overview:

The latest research study on the global Embroidered Badges and Patches market finds that the global Embroidered Badges and Patches market reached a value of USD 1122.95 million in 2022. It’s expected that the market will achieve USD 1446.06 million by 2028, exhibiting a CAGR of 4.3% during the forecast period.

Embroidered Badges and Patches Market Trends

During the 2016-2020 historical period, the global mechanical embroidery market has been in a downturn. Later, with the textile industry's surplus in global trade, the growth of the textile industry continued to escalate, and it began to slowly promote market growth.

In the global embroidery market, the global textile industry has made progress over the years, with the main contributors being the United States, China and India. Due to the surplus in global textile product exports, the household clothing, fashion and embroidery industries directly contributed to the growth. The United States has long been a strength of the fashion market and is widely regarded as one of the world's fashion capitals. Over time, the sales of embroidery in the fashion industry have been rising. In addition, due to government preferential policies and Hollywood's dominant position in the country, the overall demand for embroidery in the United States is high, and high-end technologies are widely used to provide fascinating embroidery for the market, and small embroidery badges and patches have also begun to be widely used. Therefore, the United States plays a key role in the embroidery badge and patch market and is expected to dominate in the next few years; China has a long history in embroidery. With the country’s population growth and entrepreneurial spirit, the demand is expected to gradually increase. In addition, China, known as the world's manufacturing center, is expected to develop large-scale manufacturing companies in the future to meet the needs of the global market. In addition to the United States and China, India is also considered a big market for embroidery badges.

In general, the development of the global textile industry will drive the progress of the embroidery industry, and then promote the embroidery badge and patch industry. In addition, modern innovators are looking for new ways to improve the efficiency, ease of use and versatility of computer-controlled embroidery machines. According to analysis, if divided by model, the market share of computerized embroidery machines is as high as 2/3, and the demand for computerized embroidery machines is expected to exceed all other types of machines. To some extent, the embroidery badge and patch industry will develop and progress in the direction of high efficiency and multi-function, and gradually meet more and more market demands.

Key Companies in the global Embroidered Badges and Patches market covered in Chapter 3:

Pin People (Patch People)
Chien Chee
Anwar and Sons
JIN SHEU
Emblem Authority
Nanjing Jiamei Garment Accessory Factory
MBC Badge
Hand＆Lock
William Scully
Chicago Embroidery
Franklins International
ECSnaith and Son
AB Emblem
Campus Chalet
Precision Badges
Artex Group
Anaemica Art Centre
Swastika Industries
Beauty Emblem
Penn Emblem
Stadri Emblems
Premier Badges
Dah Jeng Embroidery
Abbey Badges
Junmay Label
Peiyork International
Africor

In Chapter 4 and Chapter 14.2, on the basis of types, the Embroidered Badges and Patches market from 2018 to 2029 is primarily split into:

Manual
Mechanical

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Embroidered Badges and Patches market from 2018 to 2029 covers:

Civil Use
Military Use

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)