Global Embroidery Market Sluggish Growth Rate Foreseen by 2022-2028

The global embroidery market is anticipated to grow at a CAGR of 2.7% during the forecast period (2022-2028). Embroidery is the art of decorating fabric or other materials with needles and thread. Embroidered items range from motifs on textiles, and clothing to handbags and home goods such as tablecloths. The key drivers for the growth of this market are an increase in demand for branded products and increasing export opportunities across the globe owing to the rising number of international trade agreements among countries, thus increasing the demand for the embroidery market across the globe. Growing demand for embroidered clothing and an increase in the number of outlets stocking such products. Economic growth is one of the major factors driving this market as people are outdoing their wardrobes to look better than before. Rapid urbanization, especially in emerging economies like India and China, has also led to increased spending on apparel and related accessories and also demand for customized clothing is one more factor that has led to the growth of this market.

The increased use of technology as a means of embroidery can also be considered an opportunity for the industry, which will help make it competitive with other textile industries like weaving and knitting by developing new designs. The embroidery acts as a decorative agent that is important in producing many attractive fabric designs thus helping to attract more buyers. Increasing the use of the smart device, with an unlimited number of design options will help increase demand, especially in the small-scale sector. In January 2018, Munich Fabric Start and Premiere Vision Paris declared the launch of their latest thread creation called Poly Flash. This willbring a new appearance to the embroidery and embellishment industry.

Some major players in the marketinclude Advanced Embroidery Inc., Beauty Emblem Inc., Chien Chee Embroidery Inc., Dah Jeng Embroidery Ltd., Maw Chawg Enterprise, Tech Arts International, and Yi Chun Textile among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instant, in April 2019, Happy Embroidery Machines declared its newpartnership with Mid-West Machinery. In this partnership, it has just set up a single head happy embroidery machine so as to demonstrate placing orders on a kiosk or website.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape-Advanced Embroidery Inc., Beauty Emblem Inc., Chien Chee Embroidery Inc., Dah Jeng Embroidery Ltd., Maw Chawg Enterprise, Tech Arts International, and Yi Chun Textile among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Embroidery Market Report by Segment

By Type

• Surface Embroidery
• Counted Embroidery
• Needlepoint

By Application

• Caps
• Coats
• Blankets
• Dress Shirts
• Denim
• Dresses
• Others