Household Sewing Machine Market Overview in France
In value terms, household sewing machine production totaled $18M in 2010 estimated in export prices. In general, household sewing machine production continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2008 when production volume increased by 77% year-to-year. In that year, household sewing machine production reached its peak level of $56M. From 2009 to 2010, household sewing machine production growth remained at a somewhat lower figure.
The revenue of the household sewing machine market in France amounted to $45M in 2010, lowering by -15.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, household sewing machine consumption continues to indicate a deep drop. The pace of growth appeared the most rapid in 2008 with a decrease of -3.6% against the previous year. Over the period under review, the household sewing machine market attained its peak figure level at $67M in 2007; however, from 2008 to 2010, consumption failed to regain its momentum.