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The growth of the sewing machine market will bring more opportunities to bearing

Posted on 2020-02-25 11:13 ET

In 2018. the global market size of industrial sewing machines was USD 4.1 billion and was expected to reach USD 5.63 billion by 2026. with a CAGR of 4.1% in this forecast period.

Industrial sewing machines are widely used in clothing, automobile decoration, sportswear, and so on. Besides, the increasing demand for high precision and high-speed sewing machines will further lead to the growth of the market for industrial sewing machines. Besides, the growth of textile manufacturing has led to the growth of the market for industrial sewing machines due to the increased consumption power of consumers in developing regions.For example, consumer spending in China.

From $45.568.3 in 2017 to $49.903 in 2018.Also, the technical progress of the textile industry is expected to drive the textile manufacturing market, thus driving the growth of the sewing machine market demand. Personalized, value-added products are becoming more and more popular among consumers. Hence, the increase in textile demand is likely to further lead to the growth of the sewing machine market.

About the FAG

Since its establishment in 2011. Eric bearings has established partnerships with several dealers. Compared with other competitors, our price is very competitive, 30% lower than the local customer market. We have set up several branch warehouses in the freeport of Hong Kong. Shanghai and Guangzhou. Abundant stock and 24-hour warehouse staff to ensure that customers can receive goods by express or air within five days. We are proliferating at an annual rate of 45 percent.By 2019. our company has been sold to the United States, Spain, Germany, Australia, Israel, India, and other countries. Our business philosophy is: we not only provide high-quality custom bearing, provides the high-quality service, to ensure product quality, strengthen the quality of the test procedure, set up special quality inspection department, add a different profile, roughness tester, microhardness tester, bearing life testing machine and other equipment. The product quality is reliable. The product is widely used in the machine manufacture, the printing, the electron, the chemical industry, the automobile, the iron and steel, the mining, and so on fields.


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