- Spinning Machinery
- Knitting Machinery
- Weaving Machinery
- Finishing Machinery
- Others
Textile Machinery Market was valued at USD 27.8 billion in 2022 and is poised to grow at a CAGR of 6.9 % over 2023-29. It has been estimated to a significant growth with the help of key drivers, growth in government budgets in the principal countries, increasing of textile field expenditures, more-intense competition, and launches in introducing new products. There are a few restrains high cost and maintenance issues associated with a shortage of professionals in associated with operating this machine. The report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global textile machinery market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition.
Textile Machinery Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.9%
Largest Market
Asia Pacific
Fastest Growing Market
North America
Textile Machinery Market Dynamics
It is noticed that the global textile machinery market has a significant market growth rate on perspective of technology advancement. The technology being deployed in manufacturing facilities is far more expensive to repair and replace than traditional machinery. Advanced manufacturing equipment is often custom made for a particular facility and repairing or replacing such a piece of equipment can take months and introduce costly production interruptions and delays. Plant owners and operators must take this into account when developing their property values and business interruption estimates for property and equipment breakdown insurance purposes.
North-America Got Significant Share of
Textile Machinery Market Regional Analysis
North America contributed major revenue followed by Europe and Asia Pacific. In 2021, North America region accounted huge growth rate and is anticipated to grow with a forecast year. North Americas accounted for the largest share due to the presence of key market players. Europe led the market at second position with the help of increase in spending on research and development on innovation. Asia-Pacific occupied significant share in 2018, is remarkable in the global Textile Machineryry industry due to high adoption rate in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The textile machinery market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Textile Machinery Market Segmentation
By Product Type
By Application
- Cotton Textile Industry
- Woolen Textile Industry
- Linen Textile Industry
- Others
By Geography
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Frequently Asked Questions
The textile machinery market is projected to expand at a CAGR of 6.9% during the forecast period
Truetzschler, Dornier, ERFANGJI, Marzoli, Bonas, NEDCO, JINGWEI, STOLL
North America is the fastest-growing region for textile machinery market
| 1. Executive Summary |
| 2. Global Textile Machinery Market Introduction |
| 2.1. Global Textile Machinery Market Taxonomy |
| 2.2. Global Textile Machinery Market Definitions |
| 2.2.1. By Product Type |
| 2.2.2. By Application |
| 3. Global Textile Machinery Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Textile Machinery Market Dynamic Factors - Impact Analysis |
| 3.6. Global Textile Machinery Market Competition Landscape |
| 4. Global Textile Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Textile Machinery Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Spinning Machinery |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Knitting Machinery |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Weaving Machinery |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Finishing Machinery |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Textile Machinery Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029 |
| 6.1. Cotton Textile Industry |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Woolen Textile Industry |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Linen Textile Industry |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Textile Machinery Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Textile Machinery Market - Opportunity Analysis Index, By Product Type, By Application, and Region, 2023 - 2029 |
| 8. North America Textile Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Spinning Machinery |
| 8.1.2. Knitting Machinery |
| 8.1.3. Weaving Machinery |
| 8.1.4. Finishing Machinery |
| 8.1.5. Others |
| 8.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Cotton Textile Industry |
| 8.2.2. Woolen Textile Industry |
| 8.2.3. Linen Textile Industry |
| 8.2.4. Others |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Textile Machinery Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 - 2029 |
| 8.5. North America Textile Machinery Market Dynamics – Trends |
| 9. Europe Textile Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Spinning Machinery |
| 9.1.2. Knitting Machinery |
| 9.1.3. Weaving Machinery |
| 9.1.4. Finishing Machinery |
| 9.1.5. Others |
| 9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Cotton Textile Industry |
| 9.2.2. Woolen Textile Industry |
| 9.2.3. Linen Textile Industry |
| 9.2.4. Others |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Poland |
| 9.3.8. Rest of Europe |
| 9.4. Europe Textile Machinery Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 - 2029 |
| 9.5. Europe Textile Machinery Market Dynamics – Trends |
| 10. Asia-Pacific Textile Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Spinning Machinery |
| 10.1.2. Knitting Machinery |
| 10.1.3. Weaving Machinery |
| 10.1.4. Finishing Machinery |
| 10.1.5. Others |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Cotton Textile Industry |
| 10.2.2. Woolen Textile Industry |
| 10.2.3. Linen Textile Industry |
| 10.2.4. Others |
| 10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Textile Machinery Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 - 2029 |
| 10.5. Asia-Pacific Textile Machinery Market Dynamics – Trends |
| 11. Latin America Textile Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Spinning Machinery |
| 11.1.2. Knitting Machinery |
| 11.1.3. Weaving Machinery |
| 11.1.4. Finishing Machinery |
| 11.1.5. Others |
| 11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Cotton Textile Industry |
| 11.2.2. Woolen Textile Industry |
| 11.2.3. Linen Textile Industry |
| 11.2.4. Others |
| 11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Textile Machinery Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 - 2029 |
| 11.5. Latin America Textile Machinery Market Dynamics – Trends |
| 12. Middle East and Africa Textile Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Spinning Machinery |
| 12.1.2. Knitting Machinery |
| 12.1.3. Weaving Machinery |
| 12.1.4. Finishing Machinery |
| 12.1.5. Others |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Cotton Textile Industry |
| 12.2.2. Woolen Textile Industry |
| 12.2.3. Linen Textile Industry |
| 12.2.4. Others |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Textile Machinery Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2023 - 2029 |
| 12.5. MEA Textile Machinery Market Dynamics – Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Oerlikon |
| 13.2.2. KARL MAYER |
| 13.2.3. Toyota Industries |
| 13.2.4. Rieter |
| 13.2.5. Tsudakoma |
| 13.2.6. Picanol |
| 13.2.7. Lakshmi Machine Works |
| 13.2.8. Truetzschler, Dornier |
| 13.2.9. ERFANGJI |
| 13.2.10. Marzoli |
| 13.2.11. Bonas |
| 13.2.12. NEDCO |
| 13.2.13. JINGWEI |
| 13.2.14. STOLL |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
- Oerlikon
- KARL MAYER
- Toyota Industries
- Rieter
- Tsudakoma
- Picanol
- Lakshmi Machine Works
- Truetzschler, Dornier
- ERFANGJI
- Marzoli
- Bonas
- NEDCO
- JINGWEI
- STOLL