According to recently published research conducted by a leading
international market research company, Global Research & Data Services, the
expansion of the global sewing machine industry is forecast to reach 3.7% p.a.
in the coming years. Between 2008 and 2014 the market increased with an average
annual growth of 7.5%. Currently, automatic sewing machines account for 36.4%
of the global demand while the remaining market share is divided between other
sewing machines (35.0%), sewing machine needles (4.0%) and other sewing machine
parts (24.6%).
Bangladesh, China, India, the United States and Vietnam represent the
largest sewing machine markets while the strongest annual growth is forecast to
occur in the United States (12.4%), Bolivia (8.3%), Philippines (7.6%), Vietnam
(7.4%) and Kyrgyzstan (5.4%).
The information is extracted from a recently published reports: http://mrr.cm/4Q6
Based on in-house analysis and an advanced model which takes into
consideration the actual market size, trends, forecast market growth, and
changes in the market environment, Global Research and Data Services calculates
the Market Potential Rates, the predicted market potential of the country in
the coming years. The larger the Market Potential Rate, the more potential the
market has in the coming years; and conversely, the smaller the rate, the less
potential the market is considered to have in the future. Based on these Market
Potential Rates, the top 20 highest potential sewing machine markets in the
coming years.
The market information is based on new industry data reports recently
published by Global Research & Data Services. The reports offer the most
up-to-date market data on the actual market situation, trends, and future
outlook for sewing machines in the world and individually for the following
countries:
Argentina, Armenia, Austria, Bangladesh, Belgium, Bolivia, Bulgaria,
Chile, China, Colombia, Czech Republic, Denmark, Egypt, Estonia, Finland,
France, Germany, Greece, India, Indonesia, Iran, Ireland, Italy, Japan,
Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Malaysia, Mexico, Moldova, Morocco,
Netherlands, Norway, Pakistan, Peru, Philippines, Poland, Portugal, Romania,
Slovakia, Slovenia, South Africa, Spain, Sweden, Thailand, Turkey, Ukraine,
United Kingdom, United States, Vietnam
The reports include historic market data from 2008 to 2014 and
forecasts until 2019 which makes the reports an invaluable resource for
industry executives, marketing, sales and product managers, analysts, and other
people looking for key industry data in readily accessible and clearly presented
tables and graphs.
The latest market data for this
research include:
- Overall sewing machine market size, 2008-2019
- Sewing machine market size by product segment, 2008-2019
- Growth rates of the overall sewing machine market and different product segments, 2008-2019
- Shares of different product segments of the overall sewing machine market, 2008, 2014 and 2019
- Market Potential Rates of the overall sewing machine market and different product segments
The product segments discussed
in the reports include:
- Automatic sewing machines
- Other sewing machines
- Sewing machine needles
- Other sewing machine parts
The reports help answering the
following questions:
- What is the current size of the sewing machine market in the world and in different countries?
- How is the sewing machine market divided into different product segments?
- How are the overall market and different product segments growing?
- How is the market predicted to develop in the future?
- What is the market potential compared to other countries?
For
further information on this blog, please visit- http://mrr.cm/4Q2
Find all Textile Machinery Reports at: http://www.marketresearchreports.com/textile-machinery
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