Sewing Machine Market - Italy Tops the List of EU Sewing Machine Manufacturers
Machinery For Textile, Apparel And Leather Production December 28, 2015
From 2007 to 2014, EU production on the sewing machine market showed mixed dynamics, finally falling from 37,150 units in 2007 to 25,914 units in 2014. It dropped with a CAGR of -5.0% over the period under review. In value terms, EU sewing machine production decreased to 195 million EUR in 2014, falling by -4.8% annually.
Italy was the largest producer of sewing machines in absolute volumes, with 1,398 units. It was distantly followed by Spain (181 units). However, Italy showed negative dynamics between 2007 and 2014, decreasing -11.1% per year.
Italy dominated in EU sewing machine production and ranked fifth in trade. In 2014, it exported the lion's share of its total sewing machine output. Of this amount, 19% was supplied to Romania, where Italy's sewing machines held a 12% share of total Romanian imports.
Do you want to know more about the EU sewing machine market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- sewing machine market share
- sewing machine prices
- sewing machine industry
- sewing machine sales
- sewing machine market forecast
- sewing machine price forecast
- key sewing machine producers
Source: EU: Sewing Machines - Market Report. Analysis And Forecast To 2020
