1. What is the projected Compound Annual Growth Rate (CAGR) of the Embroidery Market?
The projected CAGR is approximately 9.7%.
Embroidery Market by Type (Counted Thread Embroidery, Outline Embroidery, Whitework Embroidery, Others), by Application (Apparel, Household linens, Decorative fabric), by End-User (Household, Commercial), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
The Embroidery Market size was valued at USD 2.9 Billion in 2023 and is projected to reach USD 5.7 Billion by 2032, exhibiting a CAGR of 9.7 % during the forecast period. Embroidery is a technique that is used to create design or pattern on textiles by hand. Rising demand of customized items and unique designs is expected increase demand of embroidery work for clothing, accessories and home décor items. However, increased preference towards the adoption of sustainable products is expected to create opportunities for use of sustainable materials like organic threads and recycled fabrics in embroidery. In today’s time, embroidery is considered as fashion statement as designers are developing high end clothes and accessories with embroidery. Growing popularity of handmade designs and crafts is expected to fuel the market growth in embroidery market across the globe.
Type:
Application:
End-User:
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 9.7% from 2019-2033 |
Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
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During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 9.7%.
Key companies in the market include Broken Arrow Wear, Corporate Casuals, Embroidery Your Way, Thread Logic, LogoUp, and others are the key companies operating in the embroidery market..
The market segments include Type, Application, End-User.
The market size is estimated to be USD 2.9 USD Billion as of 2022.
Rising Growth of Urbanization to Aid Market Development.
N/A
High Cost Incurred during R&D of Pet Clothing to Restrain Market Growth.
N/A
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