Press release
Global Textile Machinery Market: Growing Demand for Automation and Efficiency
Textile machinery is used to convert raw fibers into textiles through knitting, weaving, crocheting, felting, tatting, braiding, and bonding. It includes anything from quilting machines and lace making to textile finishing and spinning machinery used in wool mills, cotton mills, and garment factories to make various garments. Numerous manufacturers are currently using automated textile machinery to improve product consistency, save manual labor, and design seamless dresses and garments with detailed embroidery.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ -https://www.factmr.com/connectus/sample?flag=S&rep_id=7989
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐ผ๐ณ ๐ง๐ฒ๐ ๐๐ถ๐น๐ฒ ๐ ๐ฎ๐ฐ๐ต๐ถ๐ป๐ฒ๐ฟ๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
By Machine Type :
Spinning Machines
Weaving Machines
Knitting Machines
Texturing Machines
Others
By Distribution Channel :
Direct
Indirect
By Application :
Garments and Apparel
Household and Home Textiles
Protective Textiles
Medical
Automotive
Others
By Region :
North America
Latin America
Europe
APAC
MEA
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
The global textile machinery market is valued at US$ 29 billion in 2023.
The market is anticipated to hit a valuation of US$ 52 billion by 2033.
Demand for textile machinery is projected to increase at a CAGR of 6.1% from 2023 to 2033.
Asia Pacific held 64% share of the worldwide textile machinery market in 2022.
Sales of spinning machines are expected to increase at a CAGR of 4.6% from 2023 to 2033.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ -https://www.factmr.com/connectus/sample?flag=RC&rep_id=7989
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
Key manufacturers of textile machines are aggressively pursuing inorganic marketing tactics such as investments, collaborations, technological advancements, R&D activities, and acquisitions to expand and solidify their overseas footprint.
Ingersoll Machine Tools began construction on a 40,000-square-foot extension to build the Giant Magellan Telescope structure in April 2021. The expansion includes the placement of an Ingersoll MasterMillTM in the new building, creating one of the biggest milling centers in the United States while also meeting the production demands of the United States Defense Department.
Sharabati Denim is one of the leading manufacturers of eco-friendly denim in Turkey, Egypt, and Syria. In April 2021, the company introduced the cutting-edge recycling program "Tadweer," which employs recycled materials and sustainable manufacturing technologies to close the loop. Trรผtzschler Card Clothing (TCC) has contributed expertise and equipment to this novel innovation.
Saurer Intelligent Technology Co. Ltd (listed in Shanghai, China) and Rieter Holding AG (Winterthur, Switzerland) struck a deal in August 2021 for Rieter to acquire the Temco and Accotex businesses from Saurer Technologies GmbH & Co. KG and the Autoconer machine business from Saurer Spinning Solutions GmbH & Co. KG for EUR 300 million.
PLY1, the single-ply cutting system by Morgan Tecnica, Italy (from ATE Group), is designed to comply with industrial standards in January 2022. The PLY1 has various cutting heads that can cut hard and soft textile materials. PLY1 can handle all kinds of textiles, involving carpet fabric, as well as special materials of various dimensions and compositions, including thicknesses of up to 60 mm, with remarkable speed and precision.
Mayer Braidtech, a wholly-owned subsidiary of Mayer & Cie, partnered with Mayer & Cie in January 2021. With this partnership, the circular knitting machine maker has formally finalized the incorporation of Mayer Braidtech GmbH at its Albstadt headquarters.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ
A.T.E. Enterprises Private Limited
Savio Macchine Tessili S.p.A
Murata Machinery Ltd
Mayer & Cie GmbH & Co. KG
Batliboi Ltd, Benninger AG
Itema S.p.A
Kirloskar Toyoda Textile Machinery Pvt. Ltd
Picanol Group
Lakshmi Machine Works Ltd
Navis TubeTe
Saurer AG
๐ ๐ผ๐ฟ๐ฒ ๐ฉ๐ฎ๐น๐๐ฎ๐ฏ๐น๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐ ๐ผ๐ป ๐ข๐ณ๐ณ๐ฒ๐ฟ
Fact.MR, in its new offering, presents an unbiased analysis of the global textile machinery market, presenting historical demand data (2018-2022) and forecast statistics for the period of 2023-2033.
The study divulges essential insights on the market on the basis of machine type (spinning machines, weaving machines, knitting machines, texturing machines, others), distribution channel (direct, indirect), application (garments and apparel, household and home textiles, protective textiles, medical, automotive, others) across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).
For in-depth competitive analysis, Buy Now - https://www.factmr.com/checkout/7989
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