Textile machinery includes a wide range of equipment such as spinning, weaving, texturing, knitting, and finishing machinery, which are used in different stages of manufacturing textiles based on their function. Short-staple spinning, long-staple spinning, and open-end rotors are the three types of spinning machinery. Short-staple spinning machinery is used for producing fiber from raw materials such as cotton. Long-staple spinning machinery is used to spin fibers like wool, acrylic, and blends of fibers.
Technavio’s analysts forecast the global spinning machinery market to grow at a CAGR of 5.9% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global spinning machinery market for 2017-2021. To calculate the market size, the report considers the unit shipments of different types of machinery globally.
The market is divided into the following segments based on geography: - Americas - APAC - Europe and Africa
Technavio's report, Global Spinning Machinery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors - A.T.E. - Itema - Kirloskar Toyota Textile Machinery - Marzoli Spinning Solutions - Savio Macchine Tessili
Market driver - Rising domestic demand in APAC - For a full, detailed list, view our report
Market challenge - Cheap import from China affecting textile market - For a full, detailed list, view our report
Market trend - Economic slowdown in China - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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