Global Textile Machinery Market -New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
Los Angeles, CA -- (SBWIRE) -- 03/13/2019 -- QY Research has recently published a report on the niche yet rapidly growing market, titled, " Global Textile Machinery Market Overview and Outlook Report 2019," for the projected period of 6-years, i.e. between 2019 and 2025. According to this report, the global Textile Machinery market is expected to show exponential Compound Annual Growth Rate during the projected period.
The rising demand for non-woven fabrics is one of the primary factors that will trigger the growth of the textile machinery market size till 2023. Non-woven fabrics are manufactured by cost-effective and high-speed manufacturing processes, that involves web formation, web bonding, and finishing. Hence, they require specialized texturing and finishing machinery during production. The non-woven fabrics market is considered as one of the fastest-growing markets. This market is diverse due to the growing demand for disposable non-woven fabrics and advent of superior methods of manufacturing. These factors have significantly contributed to the development of the market for non-woven fabric and simultaneously for the machines required for their production.
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The global Textile Machinery market is valued at 40000 million US$ in 2018 is expected to reach 104900 million US$ by the end of 2025, growing at a CAGR of 12.8% during 2019-2025.
This report focuses on Textile Machinery volume and value at global level, regional level and company level. From a global perspective, this report represents overall Textile Machinery market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Rieter
Toyota Industries
ITEMA
Benninger
Dornier
Bonas
Lakshmi Machine Works
Truetzschler
Golden Eagle
QINGDAO SPARK GROUP
PACIFIC MECHATRONIC
Qingdao Textile
DONGJIA
Textile Machinery Market Segment by Regions
North America
Europe
China
Japan
Textile Machinery Market Segment by Type
Spinning Equipment
Weaving Equipment
Knitting Machine
Finishing Equipment
Textile Machinery Market Segment by Application
Garment Industry
Home Textile Industry
Others
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About QYResearch
QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.