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Press release content from Business Wire. The AP news staff was not involved in its creation. Global Textile Machinery Market Trajectory & Analytics Report2021: Hit by Reduced Spending, Textile Industry Nose-Dives - ResearchAndMarkets.com May 11, 2021 GMT Consumers Turn Pessimistic Amid the Pandemic. Hit by Reduced Spending, Textile Industry Nose-Dives Experiencing the knock-on effects from the beleaguered textile industry, global market for Textile Machinery is expected to slump by -30% in the year 2020 and thereafter recover to reach 10.9 million units by the year 2027 trailing a post COVID...

3. MARKET TRENDS & DRIVERS Energy-Efficiency: A Key Factor Driving Technology Innovation Computerized Sewing Machines: A Major Innovation Fueling Market Growth Innovative Embroidery Software Spells Significant Market Opportunities Rise of Sewing as a Leisure Activity among New Sewing Enthusiasts Drive Demand for Household Sewing Machines Key Purchase Considerations for Pros and Beginners Rising Interest of DIYers Promises Bright Prospects for the Market User-Friendly Models for New Sewing Enthusiasts to Propel Adoption Specialized Sewing Machines for Sewing, Repairing, and Fixing Leath...