Global Industrial Automatic Sewing Machines Market

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

The demand for industrial automatic sewing machines is on the rise worldwide, leading to projected growth in market volume and value. The market is expected to expand with a CAGR of +1.5% in terms of volume and +3.9% in terms of value from 2024 to 2030, reaching 3.6 million units and $3.2 billion, respectively, by the end of 2030.

Market Forecast

Driven by increasing demand for industrial automatic sewing machines worldwide, the market is expected to continue an upward consumption trend over the next six-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.5% for the period from 2024 to 2030, which is projected to bring the market volume to 3.6M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.9% for the period from 2024 to 2030, which is projected to bring the market value to $3.2B (in nominal wholesale prices) by the end of 2030.

Consumption

World Consumption of Industrial Automatic Sewing Machines

In 2024, consumption of industrial automatic sewing machines increased by 2.8% to 3.3M units, rising for the second year in a row after two years of decline. Overall, consumption recorded a relatively flat trend pattern. Global consumption peaked at 4.8M units in 2017; however, from 2018 to 2024, consumption failed to regain momentum.

The global industrial automatic sewing machine market revenue dropped modestly to $2.5B in 2024, falling by -3.4% 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, however, continues to indicate a mild decline. Over the period under review, the global market reached the peak level at $5.7B in 2017; however, from 2018 to 2024, consumption stood at a somewhat lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2024 were China (534K units), India (443K units) and Japan (312K units), with a combined 39% share of global consumption.

From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by India (with a CAGR of +40.8%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest industrial automatic sewing machine markets worldwide were China ($539M), Japan ($468M) and Vietnam ($108M), together comprising 44% of the global market. Brazil, India, Bangladesh, the United States, Russia, Indonesia and the United Arab Emirates lagged somewhat behind, together comprising a further 19%.

India, with a CAGR of +35.1%, 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.

In 2024, the highest levels of industrial automatic sewing machine per capita consumption was registered in the United Arab Emirates (15 units per 1000 persons), followed by Japan (2.5 units per 1000 persons), Vietnam (1.7 units per 1000 persons) and Russia (0.9 units per 1000 persons), while the world average per capita consumption of industrial automatic sewing machine was estimated at 0.4 units per 1000 persons.

From 2013 to 2024, the average annual growth rate of the industrial automatic sewing machine per capita consumption in the United Arab Emirates totaled +11.6%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Japan (+1.7% per year) and Vietnam (+2.1% per year).

Production

World Production of Industrial Automatic Sewing Machines

In 2024, global industrial automatic sewing machine production shrank modestly to 4.2M units, declining by -1.9% on the previous year. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 11% against the previous year. As a result, production attained the peak volume of 4.5M units. From 2022 to 2024, global production growth remained at a lower figure.

In value terms, industrial automatic sewing machine production shrank modestly to $4.6B in 2024 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2013 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 27% against the previous year. As a result, production reached the peak level of $5.8B. From 2018 to 2024, global production growth failed to regain momentum.

Production By Country

China (3.5M units) remains the largest industrial automatic sewing machine producing country worldwide, comprising approx. 84% of total volume. Moreover, industrial automatic sewing machine production in China exceeded the figures recorded by the second-largest producer, Japan (313K units), more than tenfold. The third position in this ranking was taken by Taiwan (Chinese) (113K units), with a 2.7% share.

In China, industrial automatic sewing machine production remained relatively stable over the period from 2013-2024. In the other countries, the average annual rates were as follows: Japan (-0.2% per year) and Taiwan (Chinese) (+0.0% per year).

Imports

World Imports of Industrial Automatic Sewing Machines

In 2024, approx. 2.5M units of industrial automatic sewing machines were imported worldwide; rising by 21% compared with 2023. Over the period under review, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2018 when imports increased by 77%. Global imports peaked in 2024 and are likely to see gradual growth in the immediate term.

In value terms, industrial automatic sewing machine imports skyrocketed to $1.2B in 2024. The total import value increased at an average annual rate of +2.1% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Over the period under review, global imports attained the peak figure at $1.2B in 2018; afterwards, it flattened through to 2024.

Imports By Country

In 2024, India (498K units), distantly followed by Vietnam (207K units), the United Arab Emirates (155K units), Bangladesh (126K units), Russia (125K units), Brazil (120K units) and the United States (113K units) were the key importers of industrial automatic sewing machines, together committing 54% of total imports. Indonesia (97K units), Thailand (70K units) and Uzbekistan (61K units) followed a long way behind the leaders.

Imports into India increased at an average annual rate of +17.5% from 2013 to 2024. At the same time, Uzbekistan (+18.6%), the United Arab Emirates (+12.6%), Russia (+11.0%), Thailand (+10.5%), Brazil (+9.5%), Indonesia (+6.4%), Vietnam (+5.2%) and Bangladesh (+4.1%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the world, with a CAGR of +18.6% from 2013-2024. By contrast, the United States (-1.8%) illustrated a downward trend over the same period. While the share of India (+14 p.p.), the United Arab Emirates (+3.1 p.p.), Uzbekistan (+2.5 p.p.), Russia (+2.1 p.p.) and Brazil (+1.6 p.p.) increased significantly in terms of the global imports from 2013-2024, the share of the United States (-5.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($93M), Bangladesh ($77M) and India ($74M) appeared to be the countries with the highest levels of imports in 2024, together comprising 21% of global imports. The United States, Russia, Indonesia, the United Arab Emirates, Brazil, Uzbekistan and Thailand lagged somewhat behind, together accounting for a further 24%.

The United Arab Emirates, with a CAGR of +22.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2024, the average industrial automatic sewing machine import price amounted to $465 per unit, with a decrease of -2.2% against the previous year. Over the period under review, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs at $875 per unit in 2016; however, from 2017 to 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2024, amid the top importers, the country with the highest price was Bangladesh ($610 per unit), while India ($148 per unit) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.5%), while the other global leaders experienced a decline in the import price figures.

Exports

World Exports of Industrial Automatic Sewing Machines

In 2024, after two years of decline, there was significant growth in overseas shipments of industrial automatic sewing machines, when their volume increased by 8.2% to 3.4M units. Overall, exports showed a perceptible expansion. The most prominent rate of growth was recorded in 2018 with an increase of 368%. Over the period under review, the global exports hit record highs at 3.8M units in 2021; however, from 2022 to 2024, the exports failed to regain momentum.

In value terms, industrial automatic sewing machine exports totaled $1.4B in 2024. The total export value increased at an average annual rate of +3.0% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 39%. The global exports peaked at $1.7B in 2022; however, from 2023 to 2024, the exports failed to regain momentum.

Exports By Country

China dominates exports structure, finishing at 3M units, which was approx. 90% of total exports in 2024. Taiwan (Chinese) (86K units), Vietnam (70K units) and India (55K units) took a minor share of total exports.

Exports from China increased at an average annual rate of +4.9% from 2013 to 2024. At the same time, Vietnam (+9.2%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +9.2% from 2013-2024. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, India (-2.7%) illustrated a downward trend over the same period. China (+11 p.p.) significantly strengthened its position in terms of the global exports, while India saw its share reduced by -1.6% from 2013 to 2024, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($1.1B) remains the largest industrial automatic sewing machine supplier worldwide, comprising 74% of global exports. The second position in the ranking was taken by Taiwan (Chinese) ($40M), with a 2.8% share of global exports. It was followed by Vietnam, with a 1.6% share.

From 2013 to 2024, the average annual rate of growth in terms of value in China totaled +6.2%. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+5.8% per year) and Vietnam (+11.6% per year).

Export Prices By Country

In 2024, the average industrial automatic sewing machine export price amounted to $428 per unit, surging by 3.5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 89%. The global export price peaked at $1.9 thousand per unit in 2017; however, from 2018 to 2024, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($466 per unit), while India ($57 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) (+6.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform