The global market for Textile Machinery is estimated at 7.7 Million Units in 2023 and is projected to reach 15.0 Million Units by 2030, growing at a CAGR of 9.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
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.
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.
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 19.0% 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 2023 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 major players such as Andritz AG, Capital Automation Co. Ltd., Murata Machinery Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 193 Featured):
- 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 of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
INDIA
REST OF ASIA-PACIFIC
LATIN AMERICA
BRAZIL
REST OF LATIN AMERICA
REST OF WORLD
Companies Mentioned
- 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 | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value in 2023 | 7.7 Million Units |
| Forecasted Market Value by 2030 | 15 Million Units |
| Compound Annual Growth Rate | 9.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
