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Textile Machinery Market is Estimated to Grow at a CAGR of 5.1% within the forecast period of 2023 to 2030: Cognitive Market Research
Textile Machinery Market is Estimated to Grow at a CAGR of 5.1% within the forecast period of 2023 to 2030: Cognitive Market Resea
Textile machines are used in the fabrication and processing of fabrics, textiles, and other woven and non-woven materials. They are ideal in processes such as spinning, weaving, warping, and dyeing. Textile machinery are used to process natural fiber products, such as cotton and silk, and different artificial fiber products, such as nylon and polyester. Textile machines have adjustable configuration by accommodating an extensive range of roll sizes and diameters.
Summary:
As per Cognitive Market Research, the global textile machinery market was valued at USD 24.72 Bn in 2022 and is estimated to expand at a CAGR of 5.1% during the forecasted period from 2023 to 2030.
To know more The Textile Machinery Market statistics click here: https://www.cognitivemarketresearch.com/textile-machinery-market-report
Market Dynamics:
Continuous expansion in the textile industry, emerging advanced technologies, and increasing availability of different raw materials, such as jute and cotton, is likely to trigger the demand for textile machinery and propel the market growth in future. Further, the growing popularity of online sales channels, and increasing investment in research and development can create the opportunities for the market during forecast period. However, high machine cost can hamper the growth of the market in forecast period.
Market Segmentation:
Machine Type:
• Spinning Machines
• Weaving Machines
• Knitting Machines
• Texturing Machines
• Others
Distribution Channel:
• Direct
• Indirect
Application:
• Garments & Apparels
• Household and Home Textiles
• Protective Textiles
• Medical
• Automotive
• Others
Based on applications, the market is segmented into garments & apparels, household and home textiles, protective textiles, medical, automotive, and others. As per CMR study, garments & apparels segment held the largest market share and is projected to grow with highest CAGR during forecast period.
Competitive Analysis for Textile Machinery Market: Oerlikon, Rieter, Picanol, Toyota Industries, ITEMA, Staubli, Tsudakoma, KARL MAYER, Benninger, YIINCHUEN Machine, Dornier, NEDCO, Salvade, Bonas, Lakshmi Machine Works, Marzoli, STOLL, Truetzschler
Get free sample pages of latest published Textile Machinery Market Report: https://www.cognitivemarketresearch.com/textile-machinery-market-report
Regional Analysis:
Asia Pacific accounted for dominant market share
As per our study, APAC region is the largest contributor of textile machinery market. This is due to the growing industrialization, growing textile industry in developing economies such as India, and China. In addition, leading market players started to establish R&D centres and textile machinery production units in countries such as India, due to the ease of availability of land and labour. Further, North America, is the second largest market for textile machineries, owing to the strong presence of major market players, quick adoption of emerging technologies.
News:
Toyota Industries Corporation Released the New JAT910 Air-Jet Loom (November 2022)
Toyota Industries Corporation has remodelled its air-jet loom, a mainstay product of its Textile Machinery Business, for the first time in nine years. The product is a successor to the previous model, the JAT810, which has been widely used by customers around the world since its release in 2013 and boasts the world's top market share
Picanol launched new Rapier Weaving Machine GTMax-i 3.0 (October 2018)
The new rapier GTMax-i 3.0 Picanol's newest rapier, the GTMax-i 3.0, is shown for the first time to the textile world. The GTMax-i 3.0 is building further on the success of GT-Max and GTMax-i.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Textile Machinery Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Textile Machinery Market Segmentation
1.5.1 Textile Machinery Market Regional Fragmentation
1.5.1 Textile Machinery Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Textile Machinery Market
• 3.1 Global Textile Machinery Market Size 2018 - 2030, (USD Million)
• 3.2 Global Textile Machinery Market Statistics 2022: Snapshot
Chapter 4 Global Textile Machinery Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Textile Machinery Market by Machine Type Segmentation Analysis (2018-2030)
Chapter 9 Global Textile Machinery Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Textile Machinery Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 11 Global Textile Machinery Market Regional Analysis
Chapter 12 North America Textile Machinery Market Outlook (2018 - 2030)
Chapter 13 Europe Textile Machinery Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Textile Machinery Market Outlook (2018 - 2030)
Chapter 15 Latin America Textile Machinery Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Textile Machinery Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customized/Exclusive Report Access on Request
To know more Textile Machinery Market TOC click here: https://www.cognitivemarketresearch.com/textile-machinery-market-report#table_of_contents
Related Report:
• Textile Staples Market- https://www.cognitivemarketresearch.com/textile-staples-market-report
• Industrial Gas Compressor Market- https://www.cognitivemarketresearch.com/industrial-gas-burner-market-report
• Spinning Machines Market- https://www.cognitivemarketresearch.com/spinning-machines-market-report
• Textile Market- https://www.cognitivemarketresearch.com/textile-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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