Textile machinery is used for the processing and fabrication of fabrics, textiles, and other woven and non-woven materials. The major types of textile machinery such as spinning, weaving, texturing, knitting, etc. This machine is used in processes such as spinning, weaving, warping, and dyeing. Increasing population and growing disposable income bolster the textile industry which anticipating the growth of the textile machinery market in the upcoming years.
MARKET DYNAMICS
The rising demand for disposable non-woven fabrics and the advent of superior methods of manufacturing has significantly contributed to the development of the non-woven fabric and simultaneously for the machines required for their production. Thereby, boosting the growth of the textile machinery market. Further, increasing automation in the textile industries and the need to accelerate the production rate and to improve the quality influence the growth of the textile machinery market.
MARKET SCOPE
The "Global Textile Machinery Market Analysis to 2028"? is a specialized and in-depth study of the textile machinery industry with a special focus on the global market trend analysis. The report aims to provide an overview textile machinery market with detailed market segmentation as type, raw material, end-user, and geography. The global textile machinery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading textile machinery market players and offers key trends and opportunities in the textile machinery market.
MARKET SEGMENTATION
The global textile machinery market is segmented on the basis of type, raw material, end-user. On the basis of type the market is segmented as spinning machinery, weaving machinery, knitting machinery, textile processing machinery, finishing machinery, others. On the basis of raw material the market is segmented as cotton, wool, silk, nylon, polyester, acrylic, others. On the basis of end-user the market is segmented as cotton mill, garment factory, wool mill, textile industry.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global textile machinery market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The textile machinery market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting textile machinery market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the textile machinery market in these regions.
MARKET PLAYERS
The reports cover key developments in the textile machinery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Textile machinery market are anticipated to lucrative growth opportunities in the future with the rising demand for textile machinery in the global market. Below mentioned is the list of few companies engaged in the textile machinery market.
The report also includes the profiles of key textile machinery companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Benninger AG
- Itema S.p.A.
- KARL MAYER Holding GmbH & Co. KG
- Murata Machinery, Ltd.
- Picanol NV
- Rieter
- Stubli International AG
- Toyota Industries Corporation
- Trtzschler
- Tsudakoma Corp.
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