Trajectory and Analysis of the Global Textile Machinery Market, 2020-2021 & 2022-2027 – Asian Countries Continue to Drive Future Market Growth – ResearchAndMarkets.com


the “Textile Machinery – Global Market Trajectory and Analysis” report has been added to from ResearchAndMarkets.com offer.

Global Textile Machinery Market to Reach 10.9 Million Units by 2027

The global textile machinery market, estimated at 5.9 million units in 2020, is expected to reach a revised size of 10.9 million units by 2027, growing at a CAGR of 9.1% over the analysis period 2020-2027.

Spinning Machines, one of the segments analyzed in the report, is expected to register a CAGR of 7.6% and reach 8.8 million units by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the texturing machines segment is readjusted to a revised CAGR of 18.6% for the next 7-year period.

The US market is estimated at 35.9,000 units, while China is expected to grow at a CAGR of 9%

The textile machinery market in the United States is estimated at 35.9 thousand units in 2020. China is expected to reach a projected market size of 5.9 million units by 2027, growing at a CAGR of 9% over the analysis period 2020 to 2027.

Other notable GeoMarkets include Japan and Europe, each forecasting growth of 6.6% and 8% respectively over the period 2020-2027.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market

  • Global Market Trajectories

  • Impact of Covid-19 and a looming global recession

  • The textile industry remains hard hit

  • COVID-19 inflicts massive damage on the global textile machinery industry

  • The global economy is staring at an impending crisis

  • Textile machinery: an introduction

  • Types of textile machinery

  • spinning machinery

  • Draw texturing machines

  • Weaving machines

  • Fabric knitting machines

  • Textile finishing machines

  • Outlook

  • Regional landscape

  • Asian Countries Continue to Drive Future Market Growth

  • China: the forerunner in the textile machinery market

  • Global Textile Machinery Shipments

  • spinning machinery

  • Draw texturing machines

  • Knitting machines

  • Weaving machines

  • Overview of the textile industry

  • Recent market activity

  • Global brands

2. FOCUS ON SELECT PLAYERS (Total 193 Featured)

  • ATE Enterprises Private Limited

  • Batliboi Ltd.

  • Benninger S.A.

  • Itema SpA

  • Kirloskar Toyoda Textile Machinery Pvt. ltd.

  • Lakshmi Machine Works Ltd.

  • Mayer & Cie GmbH & Co. KG

  • Murata Machinery Ltd.

  • Navis Tube Tex

  • OC Oerlikon Management SA

  • Picanol Group

  • Rieter AG

  • Santoni SpA

  • Saurer AG

  • Savio Macchine Tessili SpA

  • TMT Machinery Inc.

  • Toyota Industries Corporation

  • Trutzschler GmbH & Co. KG

  • Veejay Lakshmi Engineering Works Ltd.

3. MARKET TRENDS AND DRIVERS

  • Industry 4.0 set to restart and intensify digitalization for the benefit of the textile machinery industry

  • Industry 4.0 unites connectivity, flexible automation and intelligence

  • Artificial intelligence to improve quality control in the textile and clothing sector

  • Advances in the Weaving Machinery Market

  • Sustainability gains importance

  • 3D weaving machines become the mainstay

  • Fashion-conscious women bode well for the textile machinery market

  • Growing demand for technical textiles is driving the growth of the market

  • Circular knitting machines: an overview

  • Macro-factors driving the global textile sector generate parallel opportunities for textile machinery

  • Growing needs for clothing and textiles from the burgeoning global population

  • Rapid pace of urbanization

  • Rise in affluence of the middle-class consumer segment

  • Technological advances open up new avenues of growth

  • Select recent product developments/innovations

  • Trade statistics

4. GLOBAL MARKET OUTLOOK

III. REGIONAL MARKET ANALYSIS

IV. COMPETETION

  • Total number of companies profiled: 193

For more information on this report, visit https://www.researchandmarkets.com/r/ul1lxn

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