The production decreased year by year, and the permeability decreased to 30%
Household sewing machine is one of the main products of sewing machinery. In recent years, its output and penetration rate are declining year by year. In 2019, the sewing machinery industry will produce about 9.97 million sets of domestic and industrial sewing equipment (excluding pre sewing and post sewing), a year-on-year decrease of 13.3%. Among them, the output of household sewing machines was 3 million, accounting for 30.09%.
The output of ordinary household appliances increased, while that of multifunctional household appliances decreased
According to the data of China Sewing Machinery Association, the output of ordinary household machines in China will be about 1.9 million in 2019, with a year-on-year growth of 11.7%. The growth is mainly due to the continuous increase of market demand in Africa, the Middle East and South America; The output of multi-functional household machines was about 1.1 million units, a year-on-year decrease of 26.60%, mainly due to the continuous transfer of production capacity to Vietnam by Japanese and Taiwan funded enterprises such as Zhangjiagang Shenxing.
The output of key enterprises decreased, accounting for nearly 50% of the total output of household sewing machines
In terms of the output of key enterprises, nearly 10 domestic sewing machine manufacturers according to the statistics of China Sewing Machinery Association produced 1.4979 million domestic sewing machines in 2019, a year-on-year decrease of 9.04%. Among them, the output of multi-functional household machines was 480900, a year-on-year decrease of 31.24%; The output of ordinary household machines was 1.017 million, up 7.34% year on year.
The growth rate of sales of key enterprises is declining, and the industry supply exceeds demand
From the perspective of sales volume of backbone enterprises, from 2016 to 2019, the sales volume of domestic sewing machines of backbone enterprises shows a fluctuating trend, and the growth rate is declining year by year. In 2019, according to the statistics of China Sewing Machinery Association, the sales volume of household sewing machines of backbone household sewing machine enterprises was 1.4895 million units, a year-on-year decrease of 8.01%.
From the perspective of production and marketing rate of key enterprises, the industry will have overcapacity in 2018-2019, with a production and marketing rate of 99.44% in 2019. In 2019, the inventory of household sewing machines will be 100000, with a year-on-year growth of 24.08%.
For more data, please refer to the forecast and analysis report on production and marketing demand and investment of China Sewing machinery industry of foresight Industry Research Institute. Meanwhile, foresight Industry Research Institute provides solutions for big data, industrial planning, industrial declaration, industrial park planning, industrial investment promotion, etc.
