Textile Machinery Market Price Trends, Size, Share, Analysis and Forecast 2022-2027

According to the latest report by IMARC Group, titled “Textile Machinery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’the global textile machinery market size reached a value of US$ 25.73 Billion in 2021.Textile machinery refers to the equipment utilized directly or indirectly for the processing of textile fiber into yarn. It processes fabrics by weaving, knitting, crocheting, tatting, felting, and braiding raw fibers into textiles. Textile machinery equipment range from lace making as well as quilting machines to textile finishing and spinning devices, which are utilized in cotton mills, wool mills, garment factories, etc., for manufacturing several clothes. Nowadays, numerous manufacturers are introducing automated textile machinery to ensure product uniformity, minimize manual efforts, and design dresses and outfits with intricate embroidery and patterns. Consequently, textile machinery is used across various sectors, such as medical, automotive, garments, etc.






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The expanding apparel industry and the widespread availability of raw materials, including cotton and jute, are among the primary factors driving the textile machinery market. Furthermore, the escalating demand for contemporary clothes with innovative fabrics, patterns, colors, designs, styles, etc., on account of the emerging fast-fashion trend, is also stimulating the market growth. In addition to this, the growing adoption of premium-style clothing products, owing to the elevating levels of urbanization, the inflating consumer disposable incomes, and the rising influence of social media, is further augmenting the global market. Moreover, numerous key market players are launching medical textile machines that offer modular and customizable support to meet customer requirements, which is acting as another significant growth-inducing factor. Besides this, the increasing usage of medical textiles for first aid, clinical, surgical, and hygienic purposes is projected to fuel the textile machinery market over the forecasted period. Looking forward, IMARC Group expects the market to reach a value of US$ 38.92 Billion by 2027, exhibiting a CAGR of 6.70% during 2022-2027.

 

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

·         A.T.E. Private Limited

·         Benninger AG (Jakob Müller AG)

·         Camozzi Group S.p.A.

·         Itema S.p.A.

·         Lakshmi Machine Works Limited

·         Murata Machinery Ltd.

·         OC Oerlikon Management AG

·         Rieter

·         Santex Rimar Group

·         Santoni S.P.A.

·         Saurer Intelligent Technology AG

·         TMT Machinery Inc.

·         Toyota Industries Corporation

·         Trützschler Group SE.

 

Key Market Segmentation:

 

Breakup by Machine Type:

·      Spinning Machines

·      Weaving Machines

·      Knitting Machines

·      Texturing Machines

·      Others
 

Breakup by Distribution Channel:

·      Direct

·      Indirect
 

Breakup by Application:

·      Garments and Apparels

·      Household and Home Textiles

·      Protective Textiles

·      Medical

·      Automotive

·      Others
 

Breakup by Region:

·      North America

·      Asia-Pacific

·      Europe

·      Latin America

·      Middle East and Africa

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://bit.ly/3KBCP9o

Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:                                                    

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:

IMARC Group

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Sheridan, WY 82801 USA - Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

 

 

 

 

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