The COVID-19 pandemic has caused a disruption in the supply chain of the stitching machine industry. The slowdown in end-use industry activity has hindered the demand for stitching machines. However, this pandemic has affected the entire industry to develop an improved approach to supply chain services, e-commerce and manufacturing.
Leading companies in the global market are focusing on R&D activities to provide advanced solutions. Utilizing modern production technology, machine automation and capacity expansion are key areas for manufacturers. In addition, the company is investing in strategic partnerships and acquisitions to expand its business into the international market.