Textile Machinery Market Report 2024 (Global Edition)

Global Textile Machinery Market Report 2024 Market Size Split by Plasma treatment method (Atmospheric pressure plasma, Low-pressure plasma), by Raw materials (Cotton, Nylon, Wool, Polyester, Silk, Acr...

Textile Machinery Market Report Description

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Textile Machinery Market Insights Video

Competitive Landscape of the Textile Machinery Market

The market for textile machinery is highly competitive and is being driven by automation, technical improvements, and the growing demand for premium fabrics. This market offers a large selection of machines used in spinning, weaving, knitting, dying, and finishing, among other steps of the textile manufacturing process. A few examples of the factors that impact competitiveness are innovation, cost-effectiveness, energy efficiency, and post-purchase support.

January 2021: The announcement was made by the wholly-owned subsidiary Mayer Braidtech that it had merged with Mayer & Cie. GmbH & Co. KG, Albstadt. The producer of circular knitting machines officially finalized Mayer Braidtech GmbH's integration at the Albstadt headquarters with this merger. (Source:https://www.mayercie.com/en/braiding-machine-and-circular-knitting-machine-business-combined-mayer-braidtech-is-merged-with-former-parent-company-mayer-cie/) April 2020: Camozzi introduced the new Series CGSY radial grippers, which are engineered to ensure optimal productivity and reliable performance in a variety of applications. (Source:https://news.camozzi.com/new-products/new-ragial-grippers-series-cgsy.kl)

Top Companies Market Share in Textile Machinery Industry: (In no particular order of Rank)

• Oerlikon
• Rieter
• Picanol
• Batliboi
• Item Group
• Benninger
• Intertrad Group
• Toyota Industries
• American Textile Machinery Association
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Textile Machinery Market

Which Region Dominates the Textile Machinery Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. The textile machinery industry is expected to grow most rapidly in North America for a number of important reasons. The sophisticated technology infrastructure in the area fosters innovation and the uptake of state-of-the-art textile machinery. Modern, effective machinery is becoming more and more expensive as domestic textile manufacturing thrives again, propelled by the need for shorter supply chains and rising demand for premium, sustainable fabrics. Further stimulating market growth are favorable government policies and programs that support local manufacturing and technology advancements. Its importance as a growth engine is further cemented by the focus on automation and Industry 4.0 technologies, which in turn drives North America's demand for sophisticated textile machinery.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Textile Machinery market. A significant factor propelling regional market expansion is the burgeoning abundance of foreign businesses in the textile and apparel industries. South Korea, Japan, China, Vietnam, India, and Indonesia are among the biggest textile machine markets in Asia Pacific. Regional growth is being driven by a sizable textile industry and increased demand for clothing. Regional expansion is also being fueled by the increasing investments made in India's textile industry by multinational corporations. The leading FDI providers to India's textile industry (including dyed and printed textiles) between April 2016 and March 2021 were Belgium, Italy, Mauritius, Japan, and Mauritius. With a total export value of USD 44.4 billion for textiles and apparel (T&A) and handicrafts in FY 2021–22, India achieved a record high. This represents increases of 41% and 26% above corresponding amounts in FY 2020–21 and FY 2019–20, respectively. FDI made USD 1522.23 million in textile investments between 2017 and 2022.

The current report Scope analyzes Textile Machinery Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Textile Machinery

According to Cognitive Market Research, the global Textile Machinery market size was estimated at USD 1654.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 661.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Textile Machinery market with a market size of USD 522.07 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Modern machinery must be purchased in order to meet the needs of quality control, supply chain security, and quicker turnaround times, which are driving the trend of reshoring textile production back to the United States.
• The Canada Textile Machinery market had a market share of USD 79.40 million in 2024 and is projected to grow at a CAGR of 10.5% during the forecast period. Environmental consciousness is rising among Canadian companies and consumers. It is recommended that environmentally friendly features and energy-efficient, sustainable machinery be used.
• The Mexico Textile Machinery market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 60.21 million in 2024.

Europe Textile Machinery

According to Cognitive Market Research, the global Textile Machinery market size was estimated at USD 1654.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 496.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.

• The United Kingdom Textile Machinery market had a market share of USD 83.37 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. The production of high-value technical textiles for use in the aerospace, medical industries, and automotive is the new focus of the UK textile sector. This increases demand in the industry because it calls for sophisticated equipment that can handle these specialty materials.
• The France Textile Machinery market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD 45.66 million in 2024.
• According to Cognitive Market Research, the German Textile Machinery market size was valued at USD 98.26 million in 2024 and is projected to grow at a CAGR of 10.2% during the forecast period. Germany already leads the globe in the export of textile machines and has a solid reputation for both innovation and quality. German manufacturers are well-positioned to benefit from the rising demand for sophisticated textile machines worldwide because of their longstanding presence.
• The Italy Textile Machinery market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 42.68 million in 2024.
• The Russia Textile Machinery market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 76.92 million in 2024.
• The Spain Textile Machinery market is projected to witness growth at a CAGR of 9.1% during the forecast period with a market size of USD 40.69 million in 2024
• The Luxembourg Textile Machinery market is projected to witness growth at a CAGR of 10.1% during the forecast period, with a market size of USD 15.38 million in 2024.
• The Portugal Textile Machinery market is projected to witness growth at a CAGR of 9.8% during the forecast period, with a market size of USD 10.42 million in 2024.
• The Greece Textile Machinery market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD 5.96 million in 2024.
• Rest of Europe's Textile Machinery market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 76.92 million in 2024.

Asia Pacific Textile Machinery

According to Cognitive Market Research, the global Textile Machinery market size was estimated at USD 1654.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 380.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Textile Machinery market size was valued at USD 171.21 million in 2024 and is projected to grow at a CAGR of 13.0% during the forecast period. China has a sizable and expanding domestic textile and apparel sector, which drives up demand for high-throughput, productive textile machinery. The need for sophisticated gear to meet manufacturing demands will grow along with home consumption.
• The Japan Textile Machinery market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 52.50 million in 2024.
• The India Textile Machinery market had a market share of USD 45.66 million in 2024 and is projected to grow at a CAGR of 15.3% during the forecast period. India has a sizable, highly skilled labor force with a background in textiles. New technologies can be more easily adopted since this expert labor pool can easily be upskilled to handle and maintain sophisticated textile machinery.
• The South Korean Textile Machinery market is projected to witness growth at a CAGR of 12.6% during the forecast period, with a market size of USD 38.05 million in 2024.
• The Australian Textile Machinery market is projected to witness growth at a CAGR of 13.2% during the forecast period, with a market size of USD 19.78 million in 2024.
• The South East Asia Textile Machinery market is projected to witness growth at a CAGR of 14.5% during the forecast period, with a market size of USD 26.25 million in 2024.
• The Rest of the Asia Pacific Textile Machinery market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD 27.01 million in 2024.

South America Textile Machinery

According to Cognitive Market Research, the global Textile Machinery market size was estimated at USD 1654.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 82.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Textile Machinery market size was valued at USD 35.40 million in 2024 and is projected to grow at a CAGR of 11.5% during the forecast period. Initiatives to assist the textile sector are carried out by the Brazilian government. These could be initiatives supporting research and development in the home manufacturing of textile machines or tax benefits for businesses updating their equipment. Such programs encourage market expansion.
• Argentina's Textile Machinery market had a market share of USD 13.90 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. Argentine textiles' growing export markets present chances to invest in cutting-edge equipment that complies with international standards.
• Colombia Textile Machinery market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 7.36 million in 2024.
• Peru Textile Machinery market is projected to witness growth at a CAGR of 11.1% during the forecast period, with a market size of USD 6.78 million in 2024.
• Chile Textile Machinery market is projected to witness growth at a CAGR of 11.2% during the forecast period, with a market size of USD 5.96 million in 2024.
• The Rest of Latin America's Textile Machinery market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 13.32 million in 2024.

Middle East and Africa Textile Machinery

According to Cognitive Market Research, the global Textile Machinery market size was estimated at USD 1654.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 33.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031..

• The GCC Countries Textile Machinery market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 14.16 million in 2024. In GCC Countries, the growing adoption of novel equipment and solutions is facilitated by large R&D investments in textile technologies,
• The Egypt Textile Machinery market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 3.47 million in 2024.
• The South Africa Textile Machinery market is projected to witness growth at a CAGR of 12.2% during the forecast period, with a market size of USD 5.23 million in 2024. In South Africa, enhancements in supply chain management and logistics facilitate the procurement and maintenance of textile machinery.
• The Turkey Textile Machinery market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 2.85 million in 2024.
• The Nigeria Textile Machinery market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD 3.47 million in 2024.
• The Rest of the MEA Textile Machinery market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 3.90 million in 2024.

Textile Machinery Market Analysis

Textile Machinery Market Plasma Treatment Method Segment Analysis

According to Cognitive Market Research, Atmospheric pressure plasma stands out as the dominant category over the projected period. Because atmospheric pressure plasma treatment can improve fabric qualities without the use of wet chemicals, demand for it in the textile machinery market is rising. By enhancing surface adhesion, dye uptake, and overall material performance, this environmentally friendly technique complies with industrial trends toward efficiency and sustainability. The demand for plasma treatment techniques in contemporary textile production processes is fueled by the growing emphasis on creating long-lasting, high-quality fabrics, as well as strict environmental requirements.

Low-pressure plasma emerges as the fastest-growing category in the Textile Machinery market. Because low-pressure plasma treatment is precise and may alter textile surfaces at the molecular level, its demand in the textile machinery market is growing. This process is perfect for high-performance textiles since it improves the fabric's dyeability, adherence, and hydrophilicity. The use of low-pressure plasma treatment is being driven by the increased emphasis on environmentally favorable and sustainable manufacturing processes. This is because the procedure uses less water and harsh chemicals, which is in line with industry trends toward more environmentally friendly production methods.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Textile Machinery Industry. Request a Free Sample PDF!

Textile Machinery Market Raw Materials Segment Analysis

According to Cognitive Market Research, the dominant category is Cotton. Because cotton is used in so many different textile applications, there is still a strong demand for it as a raw material in the market for textile machinery. Because of its inherent qualities, which include breathability, softness, and durability, cotton is a material of choice for manufacturers. This need is further fueled by consumers' growing desire for natural and sustainable fabrics. Furthermore, improvements in cotton processing equipment boost productivity and quality, which sustains cotton's demand in the textile sector and stimulates investment in associated equipment.

The fastest-growing category in the Textile Machinery market is Polyester. Polyester's cost-effectiveness, durability, and adaptability make it a highly sought-after raw material in the textile machines industry. Polyester is a mainstay in the textile industry due to its broad use in clothing, home textiles, and industrial fabrics. The popularity of the material can be attributed to its short drying time and wrinkle resistance, as well as its ability to combine well with other fibers. The textile industry's constant need for polyester is fueled by technological developments in polyester processing machinery, which further increase productivity and product quality.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Textile Machinery Chemicals Segment Analysis

Textile Machinery Market Category Segment Analysis

According to Cognitive Market Research, the dominant category is Atmospheric pressure plasma. A vacuum chamber is not necessary while using APP because it functions at standard atmospheric pressure. When compared to low-pressure plasma, this enables quicker processing times. APP provides a greener substitute for conventional chemical finishing techniques. There is usually less effluent produced throughout the process, and the chemicals utilized are less dangerous.

The fastest-growing category in the Textile Machinery market is the Low-pressure plasma. The chemicals improve the adhesion of dyes, coatings, and other finishing agents by creating reactive sites on the cloth. Benefits include improved water repellency, better printability, and color fastness result from this. Certain substances can impart certain qualities. For example, certain chemicals produce hydrophobic finishes, which repel stains and water, making them perfect for sportswear and raincoats. Others can add antibacterial qualities for hygienic applications or even wrinkle resistance for materials that require little maintenance.

• Low-pressure plasma
• Atmospheric pressure plasma
• Other chemicals

Textile Machinery Application Segment Analysis

Textile Machinery Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is Durable water repellence. The market for textile machinery is seeing an increase in demand for durable water-repellent (DWR) applications as a result of the increased requirement for high-performance, weather-resistant materials. DWR treatments improve materials' capacity to ward off moisture while preserving breathability, which makes them indispensable for sports, outdoor, and utility clothing. Technological developments in textiles allow for more effective and efficient DWR application procedures, which promotes usage across a range of industries. This need is further fueled by the move for environmentally friendly and sustainable DWR solutions, which are in line with industry environmental goals.

The fastest-growing category in the Textile Machinery market is the Wrinkle resistance. The increased consumer desire for low-maintenance, easy-care fabrics is driving an increase in the demand for wrinkle-resistance applications in the textile machinery market. In the home textiles, hospitality, and clothing industries, wrinkle-resistant treatments are popular because they improve the appearance and longevity of fabrics. Wrinkle-resistant treatments can now be applied more effectively and efficiently thanks to advancements in textile machinery, which has increased their popularity. Further propelling market expansion is the trend toward eco-friendly and sustainable treatments, which encourages the creation of novel, non-toxic, wrinkle-resistant products.

• Durable water repellence
• Stain and Soil Repellence
• Wrinkle resistance
• Anti-bacterial protection and anti-odour
• Flame retardant
• Softening
• Others

Textile Machinery End Users Segment Analysis

Textile Machinery Market End Users Segment Analysis

According to Cognitive Market Research, the dominant category is Garments/Apparel. The textile machinery market is significantly driven by the end-user segment that purchases garments/apparel. The growing demand for stylish, high-quality, and useful apparel fuels the necessity for sophisticated textile technology capable of productive and adaptable production. It is essential to match consumer demands for comfort, durability, and aesthetics that advances in sewing, knitting, weaving, and finishing machinery. The adoption of contemporary, energy-efficient textile machinery in this market is further aided by the increased focus on environmentally friendly and sustainable garment manufacture.

The fastest-growing category in the Textile Machinery market is Household/Home Textiles. The end-user segment of household/home textiles mostly drives the market for textile machinery. The growing demand for high-quality home textiles from consumers, including towels, bed linens, curtains, and upholstery, is driving up the requirement for sophisticated textile machinery. To match consumer expectations for quality, durability, and design in household textiles, innovations in weaving, knitting, dyeing, and finishing machinery are necessary. Furthermore, contemporary, energy-efficient machinery is adopted more frequently as a result of the trend toward sustainable and environmentally friendly products, which improves production efficiency and lessens environmental effects.

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

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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