Abstract:
Global Textile Machinery Market to Reach 15.0 Million Units by 2030
The global market for Textile Machinery estimated at 8.4 Million Units in the year 2024, is expected to reach 15.0 Million Units by 2030, growing at a CAGR of 10.1% over the analysis period 2024-2030. Spinning Machines, one of the segments analyzed in the report, is expected to record a 7.9% CAGR and reach 11.3 Million Units by the end of the analysis period. Growth in the Draw Texturizing Machines segment is estimated at 19.2% CAGR over the analysis period.Global Textile Machinery Market - Key Trends & Drivers Summarized
What Is Textile Machinery and How Does It Propel the Fabric Industry Forward?
Textile machinery refers to a wide range of equipment used in the process of manufacturing textiles, which includes machines for spinning, weaving, knitting, and finishing fabrics. This machinery is pivotal in transforming raw fibers such as cotton, wool, and synthetic materials into finished products like clothing, upholstery, and industrial textiles. Innovations in textile machinery have significantly boosted production efficiency and product quality. For example, modern spinning machines are designed to handle various fiber types more delicately and efficiently, reducing waste and energy consumption. Weaving machines, on the other hand, have seen advancements in shuttle-less and rapier technology, allowing for faster and more versatile fabric production. These technological enhancements not only increase throughput but also enable manufacturers to meet the growing demand for high-quality textiles across global markets.How Are Technological Advancements Revolutionizing Textile Machinery?
The textile industry is experiencing a technological revolution, with significant advancements in automation, digitization, and sustainability driving the sector forward. Automation in textile machinery has led to the development of fully automated spinning, weaving, and knitting machines that significantly reduce the need for manual labor and minimize human error, thus enhancing overall production efficiency. Digitization has introduced computer-controlled systems that provide precise control over machinery, improving consistency and quality of the textiles produced. Furthermore, as sustainability becomes a priority, eco-friendly technologies are being incorporated into textile machines. These include water-saving dyeing machines and energy-efficient motors, which help manufacturers reduce their environmental impact and adhere to stricter environmental regulations. Such innovations are crucial for the textile industry to remain competitive and responsive to changing market dynamics and consumer preferences.What Are the Key Challenges and Opportunities in the Textile Machinery Industry?
Despite its advancements, the textile machinery industry faces several challenges. High initial investment costs for state-of-the-art machinery can be a significant barrier for small to medium-sized enterprises (SMEs). Additionally, the rapid pace of technological change requires continuous capital investment to keep equipment up-to-date, which can strain financial resources. There is also the challenge of integrating new technologies with existing systems in older mills, which may not be equipped to handle modern outputs. However, these challenges also present opportunities for growth and development within the industry. For instance, the rising demand for automated and energy-efficient machinery opens up substantial markets for machine manufacturers and developers. There is also increasing potential in developing countries, where the textile industry is growing rapidly, driven by urbanization and increasing disposable incomes. These markets are ripe for the introduction of modern textile machinery that can provide faster and more cost-effective production capabilities.What Drives the Growth of the Textile Machinery Market?
The growth in the textile machinery market is driven by several factors, including the increasing global demand for apparel and textiles, technological innovations in machinery, and the shift towards sustainable manufacturing practices. As the global population grows and standards of living improve, there is a continuous demand for new and varied textile products, which in turn fuels the need for efficient and high-capacity textile machinery. Technological advancements that offer improved speed, quality, and cost-effectiveness are particularly influential in driving market growth. Additionally, as consumer behavior shifts towards sustainability, there is an increased demand for textile machinery that supports eco-friendly production processes. These machines help manufacturers meet both regulatory standards and consumer expectations for environmentally responsible products. Moreover, the expansion of textile manufacturing in emerging economies offers additional growth opportunities for the machinery market, as these regions seek to enhance their production capabilities and export potential.Report Scope
The report analyzes the Textile Machinery market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.Segments: Machine Type (Spinning Machines, Draw Texturizing Machines, Knitting Machines, Other Machine Types).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Spinning Machines segment, which is expected to reach 11.3 Million Units by 2030 with a CAGR of a 7.9%. The Draw Texturizing Machines segment is also set to grow at 19.2% CAGR over the analysis period.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Textile Machinery Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Textile Machinery Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Textile Machinery Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Andritz AG, Capital Automation Co. Ltd., Murata Machinery Ltd., Glenro, Inc., Lafert SpA and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 193 companies featured in this Textile Machinery market report include:
- Andritz AG
- Capital Automation Co. Ltd.
- Murata Machinery Ltd.
- Glenro, Inc.
- Lafert SpA
- Albany International Corp.
- CPM Wolverine Proctor LLC
- Erhardt + Leimer GmbH
- C. A. Litzler Co., Inc.
- Luwa Air Engineering AG
- Groz-Beckert KG
- Organ Needle, Co., Ltd.
- Leesona Corporation
- Amer Group
- Ningbo Yonggang Instrument Company Limited
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What’s Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Andritz AG
- Capital Automation Co. Ltd.
- Murata Machinery Ltd.
- Glenro, Inc.
- Lafert SpA
- Albany International Corp.
- CPM Wolverine Proctor LLC
- Erhardt + Leimer GmbH
- C. A. Litzler Co., Inc.
- Luwa Air Engineering AG
- Groz-Beckert KG
- Organ Needle, Co., Ltd.
- Leesona Corporation
- Amer Group
- Ningbo Yonggang Instrument Company Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 480 |
Published | April 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value in 2024 | 8.4 Million Units |
Forecasted Market Value by 2030 | 15 Million Units |
Compound Annual Growth Rate | 10.1% |
Regions Covered | Global |