Northern America’s Industrial Sewing Machine Market Forecast to Grow by 2035
The industrial automatic sewing machine market in Northern America looks set for slow but steady growth over the next decade. Recent market analysis points to rising demand nudging the market forward, with a modest increase in both volume and value.
This article explores the key trends, forecasts, and insights shaping this market. It’s meant for industry stakeholders and anyone curious about what’s next.
Table of Contents
Market Overview and Growth Projections
The market for industrial automatic sewing machines in Northern America should see a compound annual growth rate (CAGR) of +0.6% in volume and +1.5% in value between 2024 and 2035. If things keep moving this way, the market could reach 120K units in volume and $90M in value by 2035.
Demand from different industries really seems to be pushing consumption upward. It’s not dramatic, but it’s there.
Consumption Trends
In 2024, Northern America consumed about 112K units of industrial automatic sewing machines. That’s a 28% increase from 2023, which is nothing to sneeze at.
Still, overall consumption has mostly hovered around the same levels, with some ups and downs. For example, there was a record high of 161K units in 2022, but then numbers dropped in the following years.
Revenue Insights
Revenue from the industrial automatic sewing machine market in Northern America grew to $76M in 2024. That’s a 6.1% increase from the previous year.
Even with this bump, the market hasn’t managed to recover the peak revenue of $124M seen back in 2015. From 2016 to 2024, consumption dipped, which definitely slowed things down.
Country-Specific Consumption
The United States leads by a wide margin, consuming 106K units—about 94% of the total market volume in 2024. Canada, on the other hand, used just 6.2K units, which is much lower.
This difference shows up in per capita numbers too. The US sits at 313 units per million persons, while Canada is at 159 units per million persons.
Import and Export Dynamics
In 2024, Northern America imported around 121K units of industrial automatic sewing machines. That’s an 11% increase from the year before.
Still, the bigger picture shows imports trending down a bit, especially since the peak of 183K units in 2022. The value of those imports also dropped sharply to $71M in 2024—a noticeable fall from earlier years.
Import Structure
The United States dominates imports, bringing in 113K units or 93% of the total in 2024. Canada imported 8K units, making up 6.6% of the total.
Imports into the US have dropped at an average annual rate of -1.8% from 2013 to 2024. Canada’s gone the other way, with a CAGR of +6.2%.
Export Trends
Exports from Northern America dropped by -59.2% to 8.8K units in 2024. That’s part of a longer downward trend.
The United States is still the main exporter, with 7K units or 80% of total exports. Canada follows with 1.7K units or 20%. Even though the volume went down, the export price jumped, reaching $5.1 thousand per unit in 2024.
Price Analysis
In 2024, the import price for industrial automatic sewing machines in Northern America was $583 per unit. That’s a drop of -26.7% from the year before.
This decrease is part of a bigger trend—import prices peaked at $1 thousand per unit back in 2019. Meanwhile, the export price went up by 63% over the previous year and keeps rising for now.
Country-Specific Price Trends
Among importers, the United States paid the highest price at $585 per unit. Canada’s price was a bit lower at $549 per unit.
From 2013 to 2024, the US import price dropped at an average annual rate of -4.1%. It’s been a slow, steady decline.
Conclusion
The industrial automatic sewing machine market in Northern America seems headed for modest growth. Rising demand and new technology are pushing things forward, even if the pace isn’t wild.
Sure, there are bumps—like unpredictable consumption and dropping import values. Still, most signs point to steady gains over the next decade.
If you want to dig deeper or get more details, check out the IndexBox Market Intelligence Platform.
