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NEW YORK, May 27, 2021 /PRNewswire/ Award winning market research company Fact.MR s report on the global sewing machine market presents a positive outlook for 2021, owing to the surging demand for computerized sewing machine in textile industry for apparel manufacturing. According to the study, surging demand for Wi-Fi-enabled sewing machines from textile and apparel manufactures is aiding the market demand.
According to Fact.MR analysis, the sewing machine market is expected to grow at over 4% CAGR to reach a valuation of US$ 5 billion through 2031. Technological advancements in the manufacturing of sewing machines such as pedal-less swing, real-time monitoring, and automatic bobbin changer with digital feed are improving the demand within textile & apparel manufacturers. Historically, the market accrued substantial growth on the back of advancements incorporated in industrial sewing machines.