Textile Machinery Market Report by Machine Type (Spinning Machines, Weaving Machines, Knitting Machines, Texturing Machines, and Others), Distribution Channel (Direct, Indirect), Application (Garments and Apparels, Household and Home Textiles, Protective Textiles, Medical, Automotive, and Others), and Region 2024-2032

Textile Machinery Market Report by Machine Type (Spinning Machines, Weaving Machines, Knitting Machines, Texturing Machines, and Others), Distribution Channel (Direct, Indirect), Application (Garments and Apparels, Household and Home Textiles, Protective Textiles, Medical, Automotive, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4921
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Market Overview:

The global textile machinery market size reached US$ 29.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 48.9 Billion by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 29.6 Billion
Market Forecast in 2032
US$ 48.9 Billion
Market Growth Rate (2024-2032) 5.6%


Textile machinery is used to process fabrics by weaving, knitting, crocheting, tatting, felting, bonding, and braiding raw fibers into textiles. It ranges from lace making and quilting machines to textile finishing and spinning equipment, which are used in cotton mills, wool mills, and garment factories for manufacturing different clothes. At present, several manufacturers are introducing automated textile machinery to enhance product uniformity, reduce manual efforts, and design seamless dresses and outfits with intricate embroidery.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Textile Machinery Market Trends:

Significant growth in the apparel industry, along with the abundant availability of raw materials like cotton and jute, represents one of the key factors stimulating the market growth. Moreover, the emerging fast-fashion trend is catalyzing the demand for textile machinery to design contemporary clothes with innovative fabrics, patterns, styles, colors, and designs. This can also be attributed to the increasing adoption of premium style clothing on account of rapid urbanization, inflating disposable incomes, and the rising influence of social media. Apart from this, the escalating demand for textile recycling due to rising environmental concerns and the increasing awareness among individuals about the detrimental impact of waste incineration is contributing to the market growth. Furthermore, the expanding application of smart textiles embedded with electronic components, conductive threads, and advanced technologies in various end use industries is providing a positive outlook for the market. Besides this, key players are launching medical textile machines that provide modular and customizable support to meet customer requirements. This, in confluence with the increasing prevalence of chronic diseases and the rising use of medical textiles for first aid, clinical, surgical, and hygienic purposes, is anticipated to propel the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global textile machinery market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on machine type, distribution channel and application.

Breakup by Machine Type:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Spinning Machines
  • Weaving Machines
  • Knitting Machines
  • Texturing Machines
  • Others
     

Breakup by Distribution Channel:

  • Direct
  • Indirect
     

Breakup by Application:

  • Garments and Apparels
  • Household and Home Textiles
  • Protective Textiles
  • Medical
  • Automotive
  • Others
     

Breakup by Region:

 

 
 

 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being A.T.E. Private Limited, Benninger AG (Jakob Müller AG), Camozzi Group S.p.A., Itema S.p.A., Lakshmi Machine Works Limited, Murata Machinery Ltd., OC Oerlikon Management AG, Rieter, Santex Rimar Group, Santoni S.P.A., Saurer Intelligent Technology AG, Toyota Industries Corporation and Trützschler Group SE.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Machine Type, Distribution Channel, Application, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered A.T.E. Private Limited, Benninger AG (Jakob Müller AG), Camozzi Group S.p.A., Itema S.p.A., Lakshmi Machine Works Limited, Murata Machinery Ltd., OC Oerlikon Management AG, Rieter, Santex Rimar Group, Santoni S.P.A., Saurer Intelligent Technology AG, Toyota Industries Corporation and Trützschler Group SE
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global textile machinery market was valued at US$ 29.6 Billion in 2023.

We expect the global textile machinery market to exhibit a CAGR of 5.6% during 2024-2032.

The expanding apparel industry, coupled with the emergence of automated textile machinery to enhance product uniformity, reduce manual efforts, and design seamless dresses with intricate embroidery, is primarily driving the global textile machinery market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous fabrics processing units, thereby limiting the demand for textile machinery.

Based on the machine type, the global textile machinery market has been segregated into spinning machines, weaving machines, knitting machines, texturing machines, and others. Among these, spinning machines hold the largest market share.

Based on the application, the global textile machinery market can be bifurcated into garments and apparels, household and home textiles, protective textiles, medical, automotive, and others. Currently, garments and apparels exhibit a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.

Some of the major players in the global textile machinery market include A.T.E. Private Limited, Benninger AG (Jakob Müller AG), Camozzi Group S.p.A., Itema S.p.A., Lakshmi Machine Works Limited, Murata Machinery Ltd., OC Oerlikon Management AG, Rieter, Santex Rimar Group, Santoni S.P.A., Saurer Intelligent Technology AG, Toyota Industries Corporation, and Trützschler Group SE.

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Textile Machinery Market Report by Machine Type (Spinning Machines, Weaving Machines, Knitting Machines, Texturing Machines, and Others), Distribution Channel (Direct, Indirect), Application (Garments and Apparels, Household and Home Textiles, Protective Textiles, Medical, Automotive, and Others), and Region 2024-2032
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