Global Household Sewing Machine Market: Anticipated to Reach 18M Units and $1.5B by 2030

IndexBox has just published a new report: World - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights.

The global household sewing machine market is expected to experience growth in both market volume and value over the next six years, with a forecasted CAGR of +2.5% and +4.1% respectively. By 2030, the market volume is projected to reach 18M units, with a market value of $1.5B in nominal prices.

Market Forecast

Driven by rising demand for household sewing machine worldwide, the market is expected to start an upward consumption trend over the next six-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +2.5% for the period from 2024 to 2030, which is projected to bring the market volume to 18M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.1% for the period from 2024 to 2030, which is projected to bring the market value to $1.5B (in nominal wholesale prices) by the end of 2030.

Consumption

World Consumption of Household Sewing Machines

In 2024, global household sewing machine consumption declined notably to 16M units, which is down by -15% compared with the previous year. Overall, consumption showed a perceptible decrease. Over the period under review, global consumption reached the maximum volume at 23M units in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.

The global household sewing machine market size contracted to $1.1B in 2024, falling by -14.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a perceptible descent. Global consumption peaked at $1.6B in 2013; however, from 2014 to 2024, consumption failed to regain momentum.

Consumption By Country

The countries with the highest volumes of consumption in 2024 were China (2.1M units), the United States (1.9M units) and India (1.4M units), together accounting for 34% of global consumption.

From 2013 to 2024, the biggest increases were recorded for India (with a CAGR of +15.3%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest household sewing machine markets worldwide were the United States ($222M), Vietnam ($113M) and China ($70M), together comprising 36% of the global market. Germany, Taiwan (Chinese), India, Russia, Brazil, Mexico and Bangladesh lagged somewhat behind, together accounting for a further 21%.

Taiwan (Chinese), with a CAGR of +15.2%, recorded the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of household sewing machine per capita consumption in 2024 were Taiwan (Chinese) (14 units per 1000 persons), Vietnam (13 units per 1000 persons) and Germany (7 units per 1000 persons).

From 2013 to 2024, the biggest increases were recorded for India (with a CAGR of +14.1%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Household Sewing Machines

In 2024, the amount of household sewing machines produced worldwide contracted to 21M units, with a decrease of -7.1% compared with the previous year's figure. In general, production continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2018 when the production volume increased by 39%. Global production peaked at 28M units in 2020; however, from 2021 to 2024, production stood at a somewhat lower figure.

In value terms, household sewing machine production declined to $1.3B in 2024 estimated in export price. Overall, production showed a pronounced decline. The pace of growth was the most pronounced in 2020 with an increase of 17% against the previous year. Global production peaked at $1.8B in 2013; however, from 2014 to 2024, production stood at a somewhat lower figure.

Production By Country

China (12M units) remains the largest household sewing machine producing country worldwide, comprising approx. 56% of total volume. Moreover, household sewing machine production in China exceeded the figures recorded by the second-largest producer, Vietnam (5.1M units), twofold. The third position in this ranking was held by Taiwan (Chinese) (1.1M units), with a 5.2% share.

From 2013 to 2024, the average annual growth rate of volume in China amounted to -1.4%. The remaining producing countries recorded the following average annual rates of production growth: Vietnam (+3.5% per year) and Taiwan (Chinese) (-2.5% per year).

Imports

World Imports of Household Sewing Machines

In 2024, supplies from abroad of household sewing machines was finally on the rise to reach 12M units after two years of decline. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 25%. Over the period under review, global imports attained the maximum at 20M units in 2021; however, from 2022 to 2024, imports stood at a somewhat lower figure.

In value terms, household sewing machine imports reached $865M in 2024. Over the period under review, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 19% against the previous year. Global imports peaked at $1.6B in 2021; however, from 2022 to 2024, imports stood at a somewhat lower figure.

Imports By Country

In 2024, the United States (1.9M units), followed by India (1,117K units), Germany (914K units) and Brazil (876K units) were the major importers of household sewing machines, together generating 40% of total imports. The following importers - Russia (444K units), Bangladesh (414K units), Japan (351K units), Poland (350K units), Mexico (337K units) and the United Arab Emirates (328K units) - together made up 18% of total imports.

From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of +12.8%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($235M) constitutes the largest market for imported household sewing machines worldwide, comprising 27% of global imports. The second position in the ranking was taken by Germany ($90M), with a 10% share of global imports. It was followed by Japan, with a 4.1% share.

From 2013 to 2024, the average annual rate of growth in terms of value in the United States was relatively modest. In the other countries, the average annual rates were as follows: Germany (-3.5% per year) and Japan (-8.0% per year).

Import Prices By Country

In 2024, the average household sewing machine import price amounted to $70 per unit, waning by -6.5% against the previous year. In general, the import price showed a mild curtailment. The growth pace was the most rapid in 2015 when the average import price increased by 8.1%. Global import price peaked at $87 per unit in 2013; however, from 2014 to 2024, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($121 per unit), while India ($19 per unit) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Poland (+2.6%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Household Sewing Machines

After two years of decline, overseas shipments of household sewing machines increased by 13% to 18M units in 2024. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 53%. Over the period under review, the global exports attained the maximum at 25M units in 2021; however, from 2022 to 2024, the exports remained at a lower figure.

In value terms, household sewing machine exports amounted to $1.1B in 2024. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 49%. Over the period under review, the global exports hit record highs at $1.6B in 2021; however, from 2022 to 2024, the exports failed to regain momentum.

Exports By Country

In 2024, China (10M units) represented the major exporter of household sewing machines, creating 56% of total exports. Vietnam (3.8M units) held the second position in the ranking, distantly followed by Taiwan (Chinese) (799K units). All these countries together held approx. 26% share of total exports. Thailand (726K units), India (440K units), Poland (364K units) and Germany (333K units) held a relatively small share of total exports.

From 2013 to 2024, average annual rates of growth with regard to household sewing machine exports from China stood at +1.0%. At the same time, Poland (+24.4%), India (+5.3%) and Vietnam (+2.2%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +24.4% from 2013-2024. By contrast, Thailand (-4.9%), Taiwan (Chinese) (-4.9%) and Germany (-6.4%) illustrated a downward trend over the same period. While the share of Vietnam (+3.7 p.p.), China (+3.3 p.p.) and Poland (+1.9 p.p.) increased significantly in terms of the global exports from 2013-2024, the share of Germany (-2.2 p.p.), Thailand (-3.4 p.p.) and Taiwan (Chinese) (-3.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($339M), China ($277M) and Taiwan (Chinese) ($161M) constituted the countries with the highest levels of exports in 2024, together accounting for 71% of global exports. Thailand, Germany, Poland and India lagged somewhat behind, together comprising a further 17%.

Poland, with a CAGR of +27.2%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average household sewing machine export price stood at $62 per unit in 2024, waning by -4% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 16% against the previous year. The global export price peaked at $82 per unit in 2017; however, from 2018 to 2024, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2024, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($202 per unit), while China ($28 per unit) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform