Global Embroidery Market is estimated to be US$ 2.04 billion by 2030 with a CAGR of 3.0% during the forecast period

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Published Date: May 2023

Global Embroidery Market accounted for US$ 1.60 billion in 2020 and is estimated to be US$ 2.04 billion by 2030 and is anticipated to register a CAGR of 3.0%. Embroidery is the process of applying a thread or yarn to a fabric or other substance with a needle. Other materials used in embroidery include pearls, beads, feather pens, and sequins. Embroidery is commonly found on hats, headgear, jackets, blankets, dress shirts, denim, dresses, stockings, and golf shirts in current times. Embroidery comes in a wide range of thread and yarn colours.

The report " Global Embroidery Market, By Type (Surface Embroidery, Counted Embroidery, and Needlepoint), By Application (Caps Coats, Blankets, Dress Shirts, Denim, Dresses, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029’’

Key Highlights:

The United States has long been a stronghold in the fashion industry and is widely considered as one of the world's fashion capitals. The fashion industry's sales of embroidery machinery have been steadily increasing over time. Furthermore, the United States has a high total embroidered demand, with significant use of high-end technologies to create exciting embroideries for the market, thanks to favourable government laws and the dominance of Hollywood in the country. Furthermore, with the country's textile sector trade surplus, the bulk of top embroidery machine manufacturers have a strong presence in the United States. As a result, the United States is positioned to play a critical role in the industry, with a dominant share in the next years.

Analyst View:

Embroidery machines have long been a popular choice for home and small-scale use. Increased commercial application has resulted from the recent availability of versatile large-scale embroidery machines. Furthermore, embroidery has long been a feature of cultures all throughout the world. Embroidery allows people to express their history and culture. Embroidery is also a good way for kids to practise a variety of abilities, including creativity, focus, and discipline. Furthermore, in today's fast-paced world, embroidery has evolved into a way to master new skills while also relaxing. Embroidery has increased social participation through community development activities. As a result of these causes, demand for embroidery machines has risen over time. Manufacturers of embroidery machines have also developed equipment that may be utilised at home.

Browse 60 market data tables and 35 figures* through 140 slides and in-depth TOC on “*Global Embroidery Market, By Type (Surface Embroidery, Counted Embroidery, and Needlepoint), By Application (Caps Coats, Blankets, Dress Shirts, Denim, Dresses, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029”

Key Market Insights from the report:

Global Embroidery Market accounted for US$ 1.60 billion in 2020 and is estimated to be US$ 2.04 billion by 2030 and is anticipated to register a CAGR of 3.0%. The global embroidery market report segments the market on the basis of type, application, and region.

Based on Type, Global Embroidery Market is segmented into Surface Embroidery, Counted Embroidery, and Needlepoint.
Based on Application, Global Embroidery Market is segmented into Caps Coats, Blankets, Dress Shirts, Denim, Dresses, and Others.
By Region, the Global Embroidery Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Global Embroidery Market:

Key players in the global embroidery market includes, Advanced Embroidery, Dah Jeng Embroidery, Beauty Emblem, Chien Chee Embroidery, Better Emblem, Maw Chawg Enterprise, Tech Arts International, Yi Chun Textile, DAH HEER INDUSTRIAL.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period