PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403441
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403441
Semi-oil Lockstitch Machine Market Forecasts to 2030 - Global Analysis By Product Type, By Application and By Geography
According to Stratistics MRC, the Global Semi-oil Lockstitch Machine Market is growing at a CAGR of 4.8% during the forecast period. The semi-oil lockstitch machine is a sewing apparatus employing a locked stitch mechanism with partial lubrication. Widely used across industries, it combines a needle thread interlocked with a bobbin thread, creating secure and neat stitches in fabrics. Balancing durability and reduced oiling needs, it offers versatility in garment production, upholstery and textile manufacturing, ensuring precise and reliable stitching for various materials.
According to a report published by the Textile Exchange, more than 95% of all industry-grade cotton is grown in Brazil, India, China, Pakistan, the U.S., Australia, Cameroon, and Cote d'Ivoire.
Market Dynamics:
Driver:
Growing demand for sewn products
The escalating demand for sewn products across industries acts as a primary driver in the semi-oil lockstitch machine market. As consumer preferences evolve and industries expand, there's a parallel surge in the need for efficient sewing solutions. The machines, facilitating precise stitching in diverse materials, cater to the burgeoning demand for apparel, home textiles, automotive upholstery and industrial textiles. This growing market requirement fuels the adoption of semi-oil lockstitch machines, driving innovation and advancements to meet evolving production needs.
Restraint:
Fluctuations in raw material prices
Variations in the costs of metals, plastics and essential components impact manufacturing expenses, influencing machine pricing and profit margins for manufacturers. These fluctuations can challenge price stability, affect affordability for buyers and disrupt production planning. Additionally, it prompts manufacturers to implement cost-effective measures, such as alternative sourcing or design modifications, to mitigate price volatility, posing challenges to maintaining consistent quality and pricing in the market.
Opportunity:
Preference for quality and durability
Industries seek reliable and long-lasting equipment, there's a growing preference for machines that ensure consistent, high-quality stitches and an extended lifespan. Manufacturers focusing on durable components, robust construction, and enhanced stitch precision can capitalize on this trend. Catering to this demand for resilient and reliable machinery creates opportunities to establish market leadership, especially among industries valuing durability and consistent performance in their sewing operations.
Threat:
Availability of skilled labour
The availability of skilled labor poses a threat to the semi-oil lockstitch machine market due to the increasing complexity of modern machines and a shortage of qualified technicians. As technology advances, the demand for proficient operators capable of handling sophisticated equipment rises. The scarcity of adequately trained personnel to operate, maintain, and troubleshoot these machines hampers productivity and could limit the effective utilization of these advanced systems, potentially slowing down production and impacting the market's growth potential.
COVID-19 Impact:
The COVID-19 pandemic significantly disrupted the semi-oil lockstitch machine market, causing supply chain interruptions, factory closures and reduced consumer spending on non-essential goods. Manufacturing slowdowns and logistical challenges resulted in delayed deliveries and project postponements. However, increased demand for textiles like masks and medical supplies led to some recovery. Safety protocols and remote work adaptations were implemented, but overall, the market experienced temporary setbacks due to pandemic-induced uncertainties.
The double needle semi-oil lockstitch machines segment is expected to be the largest during the forecast period
The double needle semi-oil lockstitch machines segment is anticipated to lead the market due to its versatility and efficiency in producing parallel stitch lines or decorative patterns. With increased demand for decorative stitching in textiles and leather goods, this segment offers superior capabilities for diverse stitching designs. Moreover, its ability to enhance seam strength and aesthetics in various industries, coupled with evolving consumer preferences for customized and visually appealing products, positions it as the foremost choice, driving its expected dominance in the forecast period.
The footwear segment is expected to have the highest CAGR during the forecast period
The footwear segment is projected to witness significant growth during the forecast period due to growing consumer demand for innovative, durable and high-quality footwear. As fashion trends evolve, there's a rising preference for customizable, well-crafted shoes. Advancements in semi-oil lockstitch machine technology allow for intricate designs, enhanced stitching precision and the efficient production of diverse footwear styles. This surge in demand for superior-quality, customized footwear drives the segment's growth.
Region with largest share:
North America is expected to lead the semi-oil lockstitch machine market owing to the region's advanced technological infrastructure, a robust manufacturing sector and a penchant for innovation. The presence of prominent market players, coupled with their emphasis on research and development, contributes to North America's dominance. Additionally, the region's focus on high-quality production, stringent quality standards and a diverse range of industries utilizing semi-oil lockstitch machines position it to secure the largest market share.
Region with highest CAGR:
The Asia Pacific region is positioned for robust growth in the semi-oil lockstitch machine market due to expanding industrialization, especially in textile and garment manufacturing hubs like China, India and Southeast Asian countries. The region's burgeoning fashion industry, coupled with increasing investments in advanced sewing technologies, fosters a thriving market. Additionally, cost-effective labor, growing disposable income, and the adoption of automation in manufacturing processes contribute to the region's anticipated surge in the semi-oil lockstitch machine market.
Key players in the market:
Some of the key players in Semi-Oil Lockstitch Machine Market include Brother Industries, Ltd., Durkopp Adler AG, Elna International Corporation, Groz-Beckert KG, Jack Sewing Machine Co., Ltd., Juki Corporation, Kansai Special, Kaulin Mfg. Co., Ltd., Mauser Spezial, Pegasus Sewing Machine Mfg. Co., Ltd., Rimoldi & CF Srl, Seiko Sewing Machine Co., Ltd., Singer Corporation, Siruba, Typical International Corp, Union Special and Yamato Sewing Machine Mfg. Co., Ltd.
Key Developments:
In October 2023, Juki Technosolutions Corporation launches its first jointly developed product 'PLK-J series. The series features an input function and represents the collaborative effort of engineers from both merging entities. Released last month in October in Japan and international markets, these machines were developed by incorporating Juki's Automatic Bobbin Thread Wind-and-Feed Device (AW-3SD) into a former flagship product of Meiryo Technica.
In February 2023, Brother Industries, Ltd. (President: Ichiro Sasaki) has decided to build a machine tool production plant near Bengaluru in southern India. Scheduled to be completed in September 2024, the total project cost is expected to be approximately 2 billion yen.
Product Types Covered:
- Single Needle Semi-oil Lockstitch Machines
- Double Needle Semi-oil Lockstitch Machines
- Other Product Types
Applications Covered:
- Apparel
- Footwear
- Automotive
- Home Furnishings
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Semi-oil Lockstitch Machine Market, By Product Type
- 5.1 Introduction
- 5.2 Single Needle Semi-oil Lockstitch Machines
- 5.3 Double Needle Semi-oil Lockstitch Machines
- 5.4 Other Product Types
6 Global Semi-oil Lockstitch Machine Market, By Application
- 6.1 Introduction
- 6.2 Apparel
- 6.3 Footwear
- 6.4 Automotive
- 6.5 Home Furnishings
- 6.6 Other Applications
7 Global Semi-oil Lockstitch Machine Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 Brother Industries, Ltd.
- 9.2 Durkopp Adler AG
- 9.3 Elna International Corporation
- 9.4 Groz-Beckert KG
- 9.5 Jack Sewing Machine Co., Ltd.
- 9.6 Juki Corporation
- 9.7 Kansai Special
- 9.8 Kaulin Mfg. Co., Ltd.
- 9.9 Mauser Spezial
- 9.10 Pegasus Sewing Machine Mfg. Co., Ltd.
- 9.11 Rimoldi & CF Srl
- 9.12 Seiko Sewing Machine Co., Ltd.
- 9.13 Singer Corporation
- 9.14 Siruba
- 9.15 Typical International Corp
- 9.16 Union Special
- 9.17 Yamato Sewing Machine Mfg. Co., Ltd.
List of Tables
- Table 1 Global Semi-oil Lockstitch Machine Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Semi-oil Lockstitch Machine Market Outlook, By Product Type (2021-2030) ($MN)
- Table 3 Global Semi-oil Lockstitch Machine Market Outlook, By Single Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 4 Global Semi-oil Lockstitch Machine Market Outlook, By Double Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 5 Global Semi-oil Lockstitch Machine Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 6 Global Semi-oil Lockstitch Machine Market Outlook, By Application (2021-2030) ($MN)
- Table 7 Global Semi-oil Lockstitch Machine Market Outlook, By Apparel (2021-2030) ($MN)
- Table 8 Global Semi-oil Lockstitch Machine Market Outlook, By Footwear (2021-2030) ($MN)
- Table 9 Global Semi-oil Lockstitch Machine Market Outlook, By Automotive (2021-2030) ($MN)
- Table 10 Global Semi-oil Lockstitch Machine Market Outlook, By Home Furnishings (2021-2030) ($MN)
- Table 11 Global Semi-oil Lockstitch Machine Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 12 North America Semi-oil Lockstitch Machine Market Outlook, By Country (2021-2030) ($MN)
- Table 13 North America Semi-oil Lockstitch Machine Market Outlook, By Product Type (2021-2030) ($MN)
- Table 14 North America Semi-oil Lockstitch Machine Market Outlook, By Single Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 15 North America Semi-oil Lockstitch Machine Market Outlook, By Double Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 16 North America Semi-oil Lockstitch Machine Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 17 North America Semi-oil Lockstitch Machine Market Outlook, By Application (2021-2030) ($MN)
- Table 18 North America Semi-oil Lockstitch Machine Market Outlook, By Apparel (2021-2030) ($MN)
- Table 19 North America Semi-oil Lockstitch Machine Market Outlook, By Footwear (2021-2030) ($MN)
- Table 20 North America Semi-oil Lockstitch Machine Market Outlook, By Automotive (2021-2030) ($MN)
- Table 21 North America Semi-oil Lockstitch Machine Market Outlook, By Home Furnishings (2021-2030) ($MN)
- Table 22 North America Semi-oil Lockstitch Machine Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 23 Europe Semi-oil Lockstitch Machine Market Outlook, By Country (2021-2030) ($MN)
- Table 24 Europe Semi-oil Lockstitch Machine Market Outlook, By Product Type (2021-2030) ($MN)
- Table 25 Europe Semi-oil Lockstitch Machine Market Outlook, By Single Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 26 Europe Semi-oil Lockstitch Machine Market Outlook, By Double Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 27 Europe Semi-oil Lockstitch Machine Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 28 Europe Semi-oil Lockstitch Machine Market Outlook, By Application (2021-2030) ($MN)
- Table 29 Europe Semi-oil Lockstitch Machine Market Outlook, By Apparel (2021-2030) ($MN)
- Table 30 Europe Semi-oil Lockstitch Machine Market Outlook, By Footwear (2021-2030) ($MN)
- Table 31 Europe Semi-oil Lockstitch Machine Market Outlook, By Automotive (2021-2030) ($MN)
- Table 32 Europe Semi-oil Lockstitch Machine Market Outlook, By Home Furnishings (2021-2030) ($MN)
- Table 33 Europe Semi-oil Lockstitch Machine Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 34 Asia Pacific Semi-oil Lockstitch Machine Market Outlook, By Country (2021-2030) ($MN)
- Table 35 Asia Pacific Semi-oil Lockstitch Machine Market Outlook, By Product Type (2021-2030) ($MN)
- Table 36 Asia Pacific Semi-oil Lockstitch Machine Market Outlook, By Single Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 37 Asia Pacific Semi-oil Lockstitch Machine Market Outlook, By Double Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 38 Asia Pacific Semi-oil Lockstitch Machine Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 39 Asia Pacific Semi-oil Lockstitch Machine Market Outlook, By Application (2021-2030) ($MN)
- Table 40 Asia Pacific Semi-oil Lockstitch Machine Market Outlook, By Apparel (2021-2030) ($MN)
- Table 41 Asia Pacific Semi-oil Lockstitch Machine Market Outlook, By Footwear (2021-2030) ($MN)
- Table 42 Asia Pacific Semi-oil Lockstitch Machine Market Outlook, By Automotive (2021-2030) ($MN)
- Table 43 Asia Pacific Semi-oil Lockstitch Machine Market Outlook, By Home Furnishings (2021-2030) ($MN)
- Table 44 Asia Pacific Semi-oil Lockstitch Machine Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 45 South America Semi-oil Lockstitch Machine Market Outlook, By Country (2021-2030) ($MN)
- Table 46 South America Semi-oil Lockstitch Machine Market Outlook, By Product Type (2021-2030) ($MN)
- Table 47 South America Semi-oil Lockstitch Machine Market Outlook, By Single Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 48 South America Semi-oil Lockstitch Machine Market Outlook, By Double Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 49 South America Semi-oil Lockstitch Machine Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 50 South America Semi-oil Lockstitch Machine Market Outlook, By Application (2021-2030) ($MN)
- Table 51 South America Semi-oil Lockstitch Machine Market Outlook, By Apparel (2021-2030) ($MN)
- Table 52 South America Semi-oil Lockstitch Machine Market Outlook, By Footwear (2021-2030) ($MN)
- Table 53 South America Semi-oil Lockstitch Machine Market Outlook, By Automotive (2021-2030) ($MN)
- Table 54 South America Semi-oil Lockstitch Machine Market Outlook, By Home Furnishings (2021-2030) ($MN)
- Table 55 South America Semi-oil Lockstitch Machine Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 56 Middle East & Africa Semi-oil Lockstitch Machine Market Outlook, By Country (2021-2030) ($MN)
- Table 57 Middle East & Africa Semi-oil Lockstitch Machine Market Outlook, By Product Type (2021-2030) ($MN)
- Table 58 Middle East & Africa Semi-oil Lockstitch Machine Market Outlook, By Single Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 59 Middle East & Africa Semi-oil Lockstitch Machine Market Outlook, By Double Needle Semi-oil Lockstitch Machines (2021-2030) ($MN)
- Table 60 Middle East & Africa Semi-oil Lockstitch Machine Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 61 Middle East & Africa Semi-oil Lockstitch Machine Market Outlook, By Application (2021-2030) ($MN)
- Table 62 Middle East & Africa Semi-oil Lockstitch Machine Market Outlook, By Apparel (2021-2030) ($MN)
- Table 63 Middle East & Africa Semi-oil Lockstitch Machine Market Outlook, By Footwear (2021-2030) ($MN)
- Table 64 Middle East & Africa Semi-oil Lockstitch Machine Market Outlook, By Automotive (2021-2030) ($MN)
- Table 65 Middle East & Africa Semi-oil Lockstitch Machine Market Outlook, By Home Furnishings (2021-2030) ($MN)
- Table 66 Middle East & Africa Semi-oil Lockstitch Machine Market Outlook, By Other Applications (2021-2030) ($MN)
