The global textile machinery market revenue was US$ 26.2 billion in 2022. The global market is forecast to reach a valuation of US$ 41.2 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2023 to 2031.
By weaving, knitting, crocheting, tatting, felting, bonding, and braiding raw fibers into textiles, textile machinery is used to process fabrics. It includes everything from lace-making and quilting machines to spinning and textile-finishing machinery that is used in cotton mills, wool mills, and garment factories to make various types of clothing. In order to improve product homogeneity, decrease manual labor, and create seamless gowns and ensembles with detailed embroidery, several manufacturers are currently introducing automated textile machines.
Market Driving Factors
The worldwide textile and clothing business is growing owing to the rising demand for textiles and garments in both developing and developed countries. As the industry develops, new centers of textile and apparel consumption are emerging. According to the United Nations Comtrade statistics base, the worldwide textile and apparel trade increased at a 6.3% annual pace from US$ 770 billion in 2013 to US$ 1,180 billion in 2020. With 58% of all trade in 2019, clothing was the most traded category. As a result, the expanding textile and clothing sector will fuel demand for the textile machinery market.
The growth of the global textile machinery market is rising due to the expansion of the textile industry and the quick uptake of cutting-edge technologies like AI and IoT in textile machines. Due to their superior performance in creating high-end fabric, automated textile machines are in constantly greater demand. These tools are employed in the production of fiber, the processing of yarn, weaving, and several other procedures.
These devices' high price points could impede the market's overall growth.
Segmentation Analysis
In terms of machine type, the spinning machine generated the highest revenue share in 2022 and is likely to grow at the highest CAGR during the forecast period. The need for spinning machines is expanding quickly. Synthetic, natural, or hybrid textile fibers can be used to manufacture yarn with spinning machines. During the Industrial Revolution, these devices were developed to make cotton textiles in large quantities.
China, India, the United States, Pakistan, Brazil, Indonesia, Turkey, Italy, South Korea, Japan, and Egypt are among the countries with major cotton yarn production hubs. As a result, the top manufacturers of spinning equipment focus on serving these areas.
The vibrant textile and apparel sectors in India are helping the country's textile machinery sector grow rapidly. Due to increasing consumer demand, India's cotton production is likely to reach 7.2 million metric tons (43 million bales of 170 kg each) by 2030. Due to the growing demand from India, sales of spinning gear are likely to rise over the next five years.
Regional Analysis
In 2022, Asia Pacific dominated the global market, with the highest revenue share. In Asia Pacific, consumer demand for goods, notably spinning machines, is rising. One of the key reasons fueling the market expansion in Asia Pacific is an increase in foreign investment in the textile and apparel industry.
In addition, the region's textile industry is primarily driven by the growing population, shifting consumer habits, rising disposable incomes, rising demand for apparel and home furnishings, declining manufacturing costs, and low labor costs. Furthermore, the development of the regional market is due to increased automation, digitization, and product and process innovation.
One of the leading contributors to market growth in the Asia Pacific region is South Korea, followed by Japan. More than 45 major manufacturers of textile machinery, including Toyota, Murata, Fukuhara, and Seiki, are based in Japan. In European markets, Japanese textile machine technology is frequently used.
The two greatest advantages of Japan are its low costs and technological capability. Like its textile sector, Japan's textile machine industry is expanding quickly.
List of Leading Companies
Segmentation Outline
The global textile machinery market segmentation focuses on Machine Type, Distribution Channel, Application, and Region.
By Machine Type
By Distribution Channel
By Application
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL TEXTILE MACHINERY MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: TEXTILE MACHINERY MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL TEXTILE MACHINERY MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL TEXTILE MACHINERY MARKET, BY MACHINE TYPE
5.1 OVERVIEW
5.2 SPINNING MACHINES
5.3 WEAVING MACHINES
5.4 KNITTING MACHINES
5.5 TEXTURING MACHINES
5.6 OTHERS
6 GLOBAL TEXTILE MACHINERY MARKET, BY DISTRIBUTION CHANNEL
6.1 OVERVIEW
6.2 DIRECT
6.3 INDIRECT
7 GLOBAL TEXTILE MACHINERY MARKET, BY APPLICATION
7.1 OVERVIEW
7.2 GARMENTS AND APPAREL
7.3 HOUSEHOLD AND HOME TEXTILES
7.4 PROTECTIVE TEXTILES
7.5 MEDICAL
7.6 AUTOMOTIVE
7.7 OTHERS
8 GLOBAL TEXTILE MACHINERY MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL TEXTILE MACHINERY MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
9.4 COMPETITIVE DASHBOARD
9.5 PRODUCT MAPPING
9.6 TOP PLAYER POSITIONING, 2022
9.7 COMPETITIVE HEATMAP
9.8 TOP WINNING STRATEGIES
10 COMPANY PROFILES
10.1 A.T.E. ENTERPRISES PRIVATE LIMITED
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.2 SAVIO MACCHINE TESSILI S.P.A
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.3 MURATA MACHINERY LTD
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.4 MAYER & CIE GMBH & CO. KG
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.5 BATLIBOI LTD, BENNINGER AG
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.6 ITEMA S.P.A
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.7 KIRLOSKAR TOYODA TEXTILE MACHINERY PVT. LTD
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.8 PICANOL GROUP
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.9 LAKSHMI MACHINE WORKS LTD
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.10 NAVIS TUBETE
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
10.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.11 SAURER AG
10.11.1 OVERVIEW
10.11.2 FINANCIAL PERFORMANCE
10.11.3 PRODUCT OUTLOOK
10.11.4 KEY DEVELOPMENTS
10.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.12 BENNINGER AG
10.12.1 OVERVIEW
10.12.2 FINANCIAL PERFORMANCE
10.12.3 PRODUCT OUTLOOK
10.12.4 KEY DEVELOPMENTS
10.12.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
01
お客様のニーズに合わせてレポートをカスタマイズ可能
02
ベテランの市場調査員による専門的な分析
03
安全で簡単に利用できるオンライン決済方法
04
お客様のご要望に応じて、特定の章を購入することができます。
05
すべてのレポートに専門的な日本語翻訳を提供
06
包括的でわかりやすいレポートを迅速にお届けします。
07
購入後も継続的なサポートとアップデートが受けられます。
We Accept
Copyright ©2022 All rights reserved