Press release
Circular Looms Market Size 2024 to 2031.
Market Overview and Report CoverageA circular loom is a type of weaving machine used to create tubular or cylindrical fabrics, typically used for manufacturing bags, sacks, or other similar products. These looms are widely used in the textile industry for their efficiency and versatility in producing woven goods.
The Circular Looms Market is expected to experience steady growth in the coming years, with a projected CAGR of 4.19% during the forecasted period. The increasing demand for woven bags and sacks, particularly in industries like agriculture, construction, and packaging, is a major factor driving the growth of the circular looms market. Additionally, technological advancements in circular loom design and functionality are expected to further boost market growth.
In terms of regional outlook, Asia Pacific is anticipated to dominate the global circular looms market due to the presence of key textile manufacturing hubs in countries like China, India, and Bangladesh. North America and Europe are also expected to show significant growth in the circular looms market, driven by the increasing demand for eco-friendly packaging solutions.
Overall, the future looks bright for the circular looms market, with growth prospects fueled by the rising demand for woven products across various industries worldwide.
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Market Segmentation
The Circular Looms Market Analysis by types is segmented into:
• 4 Shuttles Circular Looms
• 6 Shuttles Circular Looms
• 8 Shuttles Circular Looms
• Others
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Circular looms are categorized based on the number of shuttles they use for weaving. The 4 shuttles circular looms are suitable for producing fabric with moderate complexity. 6 shuttles circular looms are preferred for higher productivity and more intricate designs. 8 shuttles circular looms are used for large-scale production of complex fabrics. The Others market includes circular looms with unique features or configurations. Each type caters to different production requirements and offers varying levels of efficiency and versatility in weaving operations.
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The Circular Looms Market Industry Research by Application is segmented into:
• Food Packaging
• Chemical
• Construction
• Others
Circular looms are widely used in various industries such as food packaging, chemical, construction, and others. In food packaging, circular looms are essential for creating durable, flexible, and cost-effective packaging solutions. In the chemical industry, circular looms are used for producing high-quality bags and packaging for various chemical products. In construction, circular looms play a key role in creating strong and reliable geotextile fabrics. Overall, circular looms are versatile machines that cater to the unique needs of different industries for efficient and reliable packaging solutions.
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In terms of Region, the Circular Looms Market Players available by Region are:
North America:
• United States
• Canada
Europe:
• Germany
• France
• U.K.
• Italy
• Russia
Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia
Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea
What are the Emerging Trends in the Global Circular Looms market?
Some emerging trends in the global circular looms market include the adoption of advanced technology like automation and artificial intelligence to improve efficiency and productivity. Sustainable practices are also gaining traction, with circular looms being utilized to produce eco-friendly and recyclable materials. The demand for customized solutions and flexibility in production processes is driving innovation in the market. Additionally, the increasing focus on reducing waste and promoting a circular economy is leading to the development of circular looms that can handle a wide range of materials and applications. Overall, the global circular looms market is experiencing rapid evolution and expansion to meet the growing demands of various industries.
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Major Market Players
Starlinger is a leading player in the circular looms market, offering high-quality machinery for the production of woven plastic sacks. The company has a long history of innovation and excellence, with a strong focus on research and development. Starlinger has experienced significant market growth over the years, expanding its product portfolio and customer base globally. The company has a strong presence in key regions such as Europe, Asia, and North America.
Lohia Group is another key player in the circular looms market, known for its advanced technology and reliable machinery. The company has a solid track record of delivering innovative solutions to its customers and has a strong market reputation. Lohia Group has witnessed substantial market growth, driven by its commitment to quality and customer satisfaction. The company has a global presence, with a strong foothold in emerging markets such as India, China, and Southeast Asia.
Yongming Machinery is a prominent player in the circular looms market, specializing in high-speed machinery for the production of woven sacks. The company has seen significant market growth in recent years, propelled by its advanced technology and efficient production solutions. Yongming Machinery has a strong presence in key markets such as China, Southeast Asia, and Africa.
In terms of sales revenue, companies like Windmöller & Hölscher, PHYLLIS, and Hengli Machinery have reported substantial revenue in the circular looms market. These companies have a strong market position and are well-regarded for their high-quality products and services. Windmöller & Hölscher, for example, has a solid market share in Europe and North America, while PHYLLIS has a strong presence in Asia and other emerging markets. Hengli Machinery is a key player in the Chinese market, with a growing customer base in Southeast Asia and beyond.
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