Press release
Global Textile Machinery Market Trends, Growth and SWOT Analysis by Key Players: Lakshmi Machine Works, Truetzschler, Golden Eagle, QINGDAO SPARK GROUP, PACIFIC MECHATRONIC, Qingdao Textile, DONGJIA
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Textile machinery is a sub-classification of machine tools that are used in the production and processing of yarns, fibers, fabrics and cloth.
The rising demand for non-woven fabrics is one of the primary factors that will trigger the growth of the textile machinery market size till 2023. Non-woven fabrics are manufactured by cost-effective and high-speed manufacturing processes, that involves web formation, web bonding, and finishing. Hence, they require specialized texturing and finishing machinery during production. The non-woven fabrics market is considered as one of the fastest-growing markets. This market is diverse due to the growing demand for disposable non-woven fabrics and advent of superior methods of manufacturing. These factors have significantly contributed to the development of the market for non-woven fabric and simultaneously for the machines required for their production.
The Textile Machinery market was valued at 40000 Million US$ in 2017 and is projected to reach 104900 Million US$ by 2025, at a CAGR of 12.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Textile Machinery.
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The following manufacturers are covered in this report:
Rieter
Toyota Industries
ITEMA
Benninger
Dornier
Bonas
Lakshmi Machine Works
Truetzschler
Golden Eagle
QINGDAO SPARK GROUP
PACIFIC MECHATRONIC
Qingdao Textile
DONGJIA
Textile Machinery Breakdown Data by Type
Spinning Equipment
Weaving Equipment
Knitting Machine
Finishing Equipment
Textile Machinery Breakdown Data by Application
Garment Industry
Home Textile Industry
Others
Textile Machinery Production by Region
United States
Europe
China
Japan
Other Regions
Other Regions
Textile Machinery Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
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