Household Sewing Machine Market Overview in Hungary
The revenue of the household sewing machine market in Hungary amounted to $1M in 2010, jumping by 9.8% 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). In general, household sewing machine consumption, however, continues to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2010 when the market value increased by 9.8% y-o-y. Over the period under review, the household sewing machine market attained its peak figure level at $2.6M in 2007; however, from 2008 to 2010, consumption failed to regain its momentum.