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Textile Machinery Market by Type (Spinning Machines, Weaving Machines, Knitting Machines, Finishing Machines, and Others), by Application (Garments and Apparel, Household and Home Textiles, Technical Textiles, and Others), by North America (United States, Canada, Mexico), by Middle East & Africa (UAE, South Africa, Saudi Arabia, Rest of Middle East Africa), by Asia Pacific (China, Japan, India, South Korea, Taiwan, South East Asia, Australia, Rest of Asia-Pacific), by Europe (Germany, France, Italy, United Kingdom, Spain, Nordics, Benelux, Rest of Europe), by Latin America (Brazil, Argentina, Rest of South America) Forecast 2024-2032
The Textile Machinery Market size was valued at USD 47.19 USD Billion in 2023 and is projected to reach USD 69.56 USD Billion by 2032, exhibiting a CAGR of 5.7 % during the forecast period. Textile machinery involves the collection of useful items and tools that are used in the manufacturing of fabric or textiles. Some of the most common types of textile machinery involve spinning machinery, weaving machinery, knitting machinery, and finishing machinery. Spinning equipment includes spinners that alter fiber into yarn and weaving equipment includes weavers that combine the yarns to form Cloths. Weaving & knitting machines build up cloth by the interloping of yarns & other machines like dyeing, printing & coating machines further improve the fabrics as an end product. Newer generation inventions of textile machinery are more automated, precise, and energy-saving as compared to those of older classes. These machines are critical in fashioning garments, home products, industrial materials, and medical products and accessories to accommodate various uses in various industries.
Type:
Application:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.7% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.7% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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