Textile Machinery Market Size, Share & Industry Analysis, By Type (Spinning Machines, Weaving Machines, Knitting Machines, Texturing Machines), By Industry (Textile Industry, Clothing Industry) And Regional Forecast 2023-2030

Textile machines are are used to manufacture and process garments, textiles, and other materials. Weaving, spinning and dying are all done with these tools. Textile machinery is also used to create dyes and finishes for yarn, fibre, & thread. It's also used to extrude nonwovens, synthetic fibres, and a variety of plastics. Fiber processing, yarn production, fabric production, fibre pre-treatment, dyeing, and printing, and finally applying finishing treatments are all part of the textile manufacturing process. Fabrics can be felt created by condensing, matting & pressing fibres together or spun fibres made into yarn and then nettled looped, knitted, or woven.

Weaving machines, spinning machines, texturing machine & knitting machines are the most common types of textile machinery. Spinning machinery is a term used to describe machines that turn prepared cotton roving into usable yarn or thread. Weaving Machines are the machines that are used in the weaving process. A knitting machine is a machine that produces knitting fabrics in a semi-automated or fully automated manner. The production capacity of the texturing machines on an average is a total of 1,200 rolls per month, and it is a highly versatile machine design that can accommodate a wide range of roll sizes and diameters.

Textile machinery is commonly used in the textile and clothing industries for the fabrication and processing of garments, textiles, and other woven and nonwoven materials. Bearings, chains, and gear wheels may be subjected to extreme loads, speeds, and vibrations. To simplify the use of oils, greases, and coatings in particular applications. As a result, the number of different lubricants can be decreased while lubrication consistency is maintained.

In the last five years, volatile cotton prices and recession-induced declines in consumer demand have placed some pressure on the apparel manufacturing industry. In the next five years, however, that population and disposable income would boost industry revenue. Companies will also continue to shift manufacturing to low-wage countries in order to deliver lower price. 

Key Market Driver -

• Rising Demand for Non-Woven Fabrics • Investment in Cotton Ginning Machinery

Key Market Restraint -

• High Cost Maintenance of Machines

Key Players Covered:

Some well-entrenched players in the global textile machinery market include Camozzi Group SPA, Lakshmi Machine Works Ltd., LONATI SPA, Mayer & Cie. GmbH & Co. KG, Murata Machinery Ltd., Navis TubeTex, OC Oerlikon Corp. AG, Rieter Holding AG, Toyota Industries Corp & others.

Regional Analysis:

North America is anticipated to witness a major growth in CAGR due to the growing demand in textile & clothing industries which may create growth opportunities. Additionally, the export activities in the country is expected to boost the market. The rise in industrialization in the region especially the clothing market further fuel the market. This market growth will ultimately increase the demand for customized manufacturing machines for the production. In the addition, the rise in population & disposable income is other major contributing factor in to drive the market during forecast period.

Europe region is expected to exhibit substantial growth during forecast period. The textile machinery market in the region is estimated to experience strong demand in clothing industry. Increasing demand for knitting machinery propelling the market & estimated to record huge CAGR. Additionally, due to the rise in export-import of manufacturing machines is also contributing towards market growth.

Asia Pacific could show promising growth in the textile machinery market during the forecast period, the spinning machines are witnessing high demand in region. One of the main factors driving demand growth in the area is increased foreign investment in the textile and garment industry. The main markets for textile machinery in Asia-Pacific region are China, India, Japan, Vietnam, and Indonesia.

The Middle East is predicted to witness major growth during forecast period. As the region is slowly moving towards expanding their reach in textile market. The countries in the region focusing on expanding their business in apparel market as this market is having more potential in future. Hence, this will further propel the demand for textile machineries.

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Segmentation

Key Industry Developments

• In April 2020: Camozzi is launched the new radial grippers Series CGSY designed to guarantee consistent performance every time, even across a wide range of applications at the highest levels of productivity.


• In January 2021: Mayer Braidtech, a wholly-owned company subsidiary, has announced that it has merged with Mayer & Cie. With this merger, the circular knitting machine manufacturer has formally completed the integration of Mayer Braidtech GmbH at the company’s Albstadt headquarters.