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Eastern Asia - Household Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Household Sewing Machine Market Overview 2020

Household Sewing Machine Market Size in Eastern Asia

In 2019, after three years of growth, there was significant decline in the East Asian household sewing machine market, when its value decreased by -X% to $X. Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Household Sewing Machine Production in Eastern Asia

In value terms, household sewing machine production reduced slightly to $X in 2019 estimated in export prices. In general, production continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2010 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Production By Country in Eastern Asia

The country with the largest volume of household sewing machine production was China (X units), comprising approx. X% of total volume. Moreover, household sewing machine production in China exceeded the figures recorded by the second-largest producer, Taiwan, Chinese (X units), fivefold.

In China, household sewing machine production plunged by an average annual rate of -X% over the period from 2007-2019.

Household Sewing Machine Exports

Exports in Eastern Asia

For the fifth year in a row, Eastern Asia recorded decline in overseas shipments of household sewing machines, which decreased by -X% to X units in 2019. Over the period under review, exports showed a pronounced contraction. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X units in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

In value terms, household sewing machine exports shrank to $X in 2019. Overall, exports showed a noticeable contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The level of export peaked at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

China represented the major exporting country with an export of around X units, which recorded X% of total exports. It was distantly followed by Taiwan, Chinese (X units), creating a X% share of total exports. Japan (X units) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Taiwan, Chinese, while exports for the other leaders experienced a decline in the exports figures.

In value terms, the largest household sewing machine supplying countries in Eastern Asia were China ($X), Taiwan, Chinese ($X) and Japan ($X), with a combined X% share of total exports.

Taiwan, Chinese saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2019, the household sewing machine export price in Eastern Asia amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked at $X per unit in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced mixed trends in the export price figures.

Household Sewing Machine Imports

Imports in Eastern Asia

Household sewing machine imports plummeted to X units in 2019, which is down by -X% on the previous year's figure. Overall, imports showed a perceptible downturn. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

In value terms, household sewing machine imports contracted to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. The level of import peaked at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Japan (X units) represented the major importer of household sewing machines, comprising X% of total imports. South Korea (X units) ranks second in terms of the total imports with a X% share, followed by China (X%). Taiwan, Chinese (X units) held a relatively small share of total imports.

From 2007 to 2019, average annual rates of growth with regard to household sewing machine imports into Japan stood at -X%. At the same time, China (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +X% from 2007-2019. By contrast, Taiwan, Chinese (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of South Korea (-X p.p.) and Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported household sewing machines in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by China, with a X% share.

In Japan, household sewing machine imports remained relatively stable over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and China (+X% per year).

Import Prices by Country

In 2019, the household sewing machine import price in Eastern Asia amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Japan ($X per unit) and China ($X per unit), while Taiwan, Chinese ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for household sewing machines in Eastern Asia?
+
China (6.1M units) remains the largest household sewing machine consuming country in Eastern Asia, accounting for 88% of total volume. Moreover, household sewing machine consumption in China exceeded the figures recorded by the second-largest consumer, Japan (407K units), more than tenfold. South Korea (172K units) ranked third in terms of total consumption with a 2.5% share.
What are the largest producers of household sewing machines in Eastern Asia?
+
The country with the largest volume of household sewing machine production was China (9.9M units), comprising approx. 80% of total volume. Moreover, household sewing machine production in China exceeded the figures recorded by the second-largest producer, Taiwan, Chinese (2.2M units), fivefold.
What are the leading exporters of household sewing machines in Eastern Asia?
+
In value terms, the largest household sewing machine supplying countries in Eastern Asia were China ($213M), Taiwan, Chinese ($116M) and Japan ($23M), with a combined 99% share of total exports.
What are the leading importers of household sewing machines in Eastern Asia?
+
In value terms, Japan ($62M) constitutes the largest market for imported household sewing machines in Eastern Asia, comprising 77% of total imports. The second position in the ranking was occupied by South Korea ($7.7M), with a 9.5% share of total imports. It was followed by China, with a 9.4% share.
What is the average export price for household sewing machines in Eastern Asia?
+
In 2019, the household sewing machine export price in Eastern Asia amounted to $58 per unit, stabilizing at the previous year.
What is the average import price for household sewing machines in Eastern Asia?
+
In 2019, the household sewing machine import price in Eastern Asia amounted to $119 per unit, growing by 16% against the previous year.

Product coverage:
• Prodcom 28944000 - Domestic sewing machines (excluding furniture, bases and covers)

This report provides an in-depth analysis of the household sewing machine market in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• China, Hong Kong SAR
• China, Macao SAR
• Taiwan, Chinese
• Democratic People's Republic of Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• China, Hong Kong SAR
• China, Macao SAR
• Japan
• South Korea
• Taiwan, Chinese
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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