Global Textile Machinery Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Textile Machinery market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Textile Machinery market."
Textile machinery is a sub-classification of machine tools that are used in the production and processing of yarns, fibers, fabrics and cloth.
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.

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.

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

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Spinning Equipment
    Weaving Equipment
    Knitting Machine
    Finishing Equipment

Segment by Application
    Garment Industry
    Home Textile Industry
    Others