The global Textile Machinery market size is expected to reach $ 26590 million by 2029, rising at a market growth of 2.1 percent CAGR during the forecast period (2023-2029).

Global key manufacturers of textile machinery include Jingwei Textile Machinery, Rieter, Oerlikon, etc., which are mainly located in Europe, China, Japan, India, etc. The largest manufacturer is Jingwei Textile Machinery, with a market share of 5 percent. Asia Pacific has the largest consumption market with a share of 88 percent. In terms of product categories, spinning machines hold the largest market share with over 30 percent, followed by weaving machines and knitting machines with 22 percent and 20 percent respectively. In terms of applications, sythetic fibers are the top application area with a market share of 48 percent.

Textile machines are used in the fabrication and processing of fabrics, textiles, and other woven and non-woven materials. They are used in processes such as spinning, weaving, warping, and dyeing.

This report studies the global Textile Machinery production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Textile Machinery, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Textile Machinery that contribute to its increasing demand across many markets.