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Base Year: 2024
Companies covered: 15
Tables & Figures: 397
Countries covered: 19
Pages: 230
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Textile Machinery Market
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Textile Machinery Market Size
The global textile machinery market size was valued at USD 30.3 billion in 2024 and is estimated to grow at a CAGR of 5.2% during 2025 to 2034.
The market is one of the fastest growing industries in the world due to the increasing demand for automated and advanced machinery. Various technological advancements have compelled manufacturers to incorporate automation which increases efficiency, productivity, and accuracy within textile procedures. Moreover, automated machinery results in less dependency on labor, reduced mistakes, and enhanced quality making it easier to meet the modern expectations of both the industrial and consumer market. Still further, innovations such as IoT-enabled machines and Industry 4.0’s solutions highly alter the ways the textile industry has been working as they enable real-time monitoring of operations, enhance the predictive maintenance capability and deliver data-driven optimization of work processes, therefore highly increasing efficiency.
This trend is especially evident in the Asia-Pacific region, where large scale industrialized textile manufacturing is churning out immense amounts of products and needs throughput and cost effective machinery solutions. Also, the rapid expansion of technical textiles in various segments, including medical, automotive, construction, and agricultural, is one of the most important market drivers that facilitate the growth of textile machinery market.
Specially engineered textiles that serve functions are primarily manufactured by these segments such as abrasion or moisture resistant, so the instruments that are used in their manufacture must be specially built ,and these are owned by specially produced machinery segments. There is a rising need for advanced machinery like non woven and knitting machines across the board as innovative geotextiles, medical textiles, and protective fabrics are being developed.
Textile Machinery Market Trends
The transformation of industries and the changes in technology have led to the restructuring of the global textile machinery industry. The implementation of automation in this niche witnessed an unprecedented shift with the inclusion of IoT and Industry 4.0 which has also enhanced the efficiency of operations and has made real-time monitoring and predictive maintenance possible. The trend of increasing sustainability is also causing the manufacturers to adopt more efficient and resource-saving technologies including the use of renewable energy and waterless dyeing machines. Additionally, the growing use of specialized machinery including knitting and non-woven machines in technical textiles by the automotive, construction and healthcare industries greatly increases the demand.
Textile Machinery Market Analysis
The global market of textile machinery is rather impeded since there exists a cost constraint with respect to the purchasing of technologically advanced equipment. IoT integrated dyeing machines, for example, tend to have high costs which discourage purchase especially for small and medium enterprises. Not to mention the regular employability of skilled technicians and constant technological upgrades increase the overall recurring costs of running a business. This concern is rather prominent in developing regions which do not have easy access to financial stability, thus preventing them from investing in modern machinery resources.
However, attempting machinery jumps in conquering various industries like healthcare and automotive allows for innovative and specialized machinery in knitting as well as composite fabric to emerge, opening up room for textile machinery market growth. Moreover, the increased supply of government investment into developed economies will help ensure that nurturing innovation in technical textiles will not prove to be a hassle.
The spinning machines segment crossed USD 10.9 billion in 2024 and a CAGR of 5.5% till 2034. Market demand is significantly witnessing significant growth in key areas such as apparel, home and industrial textile fabrics. In addition, marketing leadership is strengthened by the development of automated and energy-efficient solutions.
The direct segment dominated 59.5% share of the textile machinery market in 2024 and is projected to grow at a CAGR of 5.3% during 2025 to 2034, due to providing customized services, direct communication between the seller and the buyer, and complete after-sales service. This approach tends to be favored by large textile producers and enables them to offer competitive pricing, architecture and reconfiguration of the equipment, and adequate technical support which builds and maintains close ties with users.
In 2024, the United States held approximately 75.3% share of the textile machinery market in and is projected to observe growth rate of over 5% up to 2034. The reason why the United States possesses such a dominant market share in the industry is due its well developed infrastructure, advanced technology and considerable impractical development. The demand for highly technical machinery such as non woven, composite. as well as in the healthcare, automotive, and industrial sectors have also greatly contributed to the countries vast market growth.
North America: In terms of country, the U.S. dominated with a market share of approximately 75.3% in 2024, and its share and is projected to increase at a CAGR rate of 5% within the forecast period. The U.S. In particular with eco-friendly and energy-efficient machinery equipment to comply with environmental regulations, the U.S. market is enriched by strong public and private sector investments in research. Furthermore, the U.S. Also the presence of key players in the market, extensive supply chains and skilled personnel gives competitive advantage.
Europe: The European region is moderate in terms of growth in the textile machinery market is projected to grow at a CAGR of 5.3% in the during the forecasted period. Germany has the largest share in the Europe market owing to its strong engineering, technological advancements and effective manufacturing. Industry 4.0 is a serious goal for the country and makes it possible to manufacture automated and IoT-enabled machines, which target the requirements of the changing industries. Additionally, there is Germany’s great production for export to the main textile countries and a strong focus on green and energy-efficient solutions. Favorable government initiatives and well-trained labor force compliment it’s early growth.
Asia Pacific: In 2022, China had the major share of around 30.9% in textile machinery market of Asia Pacific region and is expected to have a growth at a CAGR of 6% during the forecast period. China still continues to lead in the region as the world’s largest producer and exporter of textiles and clothing. High output in the textile industry constantly creates a need for modern spinning, weaving and dyeing equipment to meet the mass production requirements. The cost of production is lesser in China thus satisfying the needs of both the domestic and international buyers.
Textile Machinery Market Share
The market for textile machinery is characterized by a large number of regional players competing globally. These companies account for an estimated 20% to 25% of the overall market. Market for textile machinery is fragmentary having a large number of regional players operating worldwide. These firms employ local knowledge to meet the needs of the region and compete with global companies by providing innovative, lower-cost, and smaller market segments such as technical and green textiles.
Textile Machinery Market Companies
Major players operating in the textile machinery industry are:
Textile Machinery Industry News
The textile machinery market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD Billion) and Volume (Thousand Units) from 2021 to 2034, for the following segments:
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Market, By Type
Market, By Material Processed
Market, By Operation
Market, By Application
Market, By Distribution Channel
The above information is provided for the following regions and countries: