Europe Textile Machinery Market Growth, Trends, Size, Demand, Revenue and Future Outlook
Europe Textile Machinery Market Size- By Material Type, By Product Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Aug-2024 | Report ID: MACH2433 | Pages: 1 - 157 | Formats*: |
| Category : Equipment and Machinery | |||
Europe Textile Machinery Market Introduction and Overview
According to SPER Market Research, Europe Textile Machinery Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Europe Textile Machinery Market, including market size and trends, product mix, applications, and supplier analysis. The term "textile machinery" describes the tools and apparatus used in the creation and manipulation of fibers, yarns, textiles, and textile products. These devices are intended to carry out multiple tasks, including spinning, weaving, knitting, printing, dying, and finishing textiles. In order to assure the effective manufacture of textiles on an industrial scale, textile machinery comprises a diverse array of equipment specifically designed for distinct phases of the textile manufacturing process. Raw fibers are woven, knitted, crocheted, tatting, felted, bonded, and braided into textiles using textile technology. The equipment used in cotton and wool mills includes everything from lace-making and quilting machines to textile finishing and spinning apparatus.
- Aug. 2023, GEL with an eye toward acquisition, Gokaldas Exports Limited (GEL) has targeted the acquisition of Atraco Group (Atraco), a prestigious clothing manufacturer with strong client networks in both Europe and the United States.
- July 2023, In order to bring about revolutionary advancements in the field of zero-cotton denim aesthetics, The Lenzing Group collaborated with Advance Denim, a top denim mill, and Officina+39, an Italian chemical firm.
- In June 2023, Lenzing Group and Södra a Swedish pulp producer, partnered to promote innovation in the recycling of textile waste by using the OnceMore® process. This initiative was made possible by a significant EUR 10 million grant from the EU's LIFE 2022 program.
Market Opportunities and Challenges
Opportunities- The need for specialized textiles is rising in a number of industries, including the construction, automotive, healthcare, and aerospace sectors. This trend calls for specialist textile technology that can create high-performance fabrics with certain qualities including resilience to harsh chemicals and environmental factors, strength, and durability. Sustainable practices and environmental legislation are highly valued throughout Europe. Manufacturers and customers alike are favoring textile machinery that supports environmentally friendly operations, such as those that minimize emissions, recycle materials, and use less water and energy. The trend of nearshoring and reshoring textile manufacturing operations within Europe is propelling investments in machinery upgrades and new production facilities. Reducing supply chain risks and enhancing responsiveness to market demands are two factors driving this trend.
Challenges- It takes a significant investment in research and development to create and apply cutting-edge technologies in textile machinery. The cost disadvantage that European manufacturers frequently have over their international rivals can hinder their capacity to develop and stay at the forefront of technology. Competition from manufacturers in nations with lower labor and manufacturing costs faces the European textile machines business. European businesses are under constant pressure from this global rivalry to innovate more, become more efficient, and set themselves apart from the competitors with superior products in terms of quality, dependability, and technology. Investments in textile machinery are influenced by changes in consumer demand for textiles and clothing.
Market Competitive Landscape
Textile Machinery Market in Europe is Moderately Consolidated. Some of the Leading companies in the industry are Bonas, Dongjia, Dornier, Golden Eagle, Itema, Lakshmi Machine Works, Pacific Mechatronic, Qingdao, Spark Group, Qingdao Textile, Toyota Industries, Truetzschler, Others.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Material Type, Product Type, By Application |
| Regions covered | Germany, United Kingdom, France, Italy, Rest of Europe |
| Companies Covered | Bonas, Dongjia, Dornier, Golden Eagle, Itema, Lakshmi Machine Works, Pacific Mechatronic, Qingdao, Spark Group, Qingdao Textile, Toyota Industries, Truetzschler. |
COVID-19 Impact on Europe Textile Machinery Market
The European textile machinery market was significantly impacted by the COVID-19 pandemic. Global supply chains, particularly those supplying raw materials, parts, and machinery, were interrupted by the pandemic. The manufacturing and delivery of textile machinery were delayed as a result of travel restrictions, lockdowns, and plant closures in several nations. This had an impact on European businesses who relied on foreign suppliers. The demand for clothing and textiles fell as lockdown measures were imposed throughout Europe and the rest of the world. Manufacturers had to postpone or cancel orders in order to save cash flow and adapt to unstable market conditions, which had a direct impact on investments in new textile machinery.
Key Target Audience:
- Textile Manufacturers
- Textile Mills and Factories
- Textile Machinery Manufacturer
- Textile Industry Investors
- Government Agencies and Trade Associations
- Research Institutions and Academia
- Consulting and Advisory Firms
- End Users of Textile Products
- International Buyers and Export Markets
- Service Providers and Maintenance Companies
Our in-depth analysis of the Europe Textile Machinery Market includes the following segments:
| By Material Type: | |
| By Product Type: | |
| By Application: |
Key Topics Covered in the Report:
- Europe Textile Machinery Market Size (FY’2024-FY’2033)
- Overview of Europe Textile Machinery Market
- Segmentation of Europe Textile Machinery Market by Material Type (Cotton, Chemical, Wool, Silk, Others)
- Segmentation of Europe Textile Machinery Market by Product Type (Natural Fibers, Polyester, Nylon, Others)
- Segmentation of Europe Textile Machinery Market by Application (Household, Technical, Fashion and Clothing, Others)
- Statistical Snap of Europe Textile Machinery Market
- Expansion Analysis of Europe Textile Machinery Market
- Problems and Obstacles in Europe Textile Machinery Market
- Competitive Landscape in Europe Textile Machinery Market
- Impact of COVID-19 and Demonetization on Europe Textile Machinery Market
- Details on Current Investment in Europe Textile Machinery Market
- Competitive Analysis of Europe Textile Machinery Market
- Prominent Players in Europe Textile Machinery Market
- SWOT Analysis of Europe Textile Machinery Market
- Europe Textile Machinery Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of Europe Textile Machinery Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Textile Machinery Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Textile Machinery Market
7. Europe Textile Machinery Market, By Material Type (USD Million) 2020-2033
7.1. Europe Textile Machinery Market Size, Share and Forecast, By Material Type, 2020-20267.2. Europe Textile Machinery Market Size, Share and Forecast, By Material Type, 2027-20337.3. Cotton7.4. Chemical7.5. Wool7.6. Silk7.7. Others
8. Europe Textile Machinery Market, By Product Type (USD Million) 2020-2033
8.1. Europe Textile Machinery Market Size, Share and Forecast, By Product Type, 2020-20268.2. Europe Textile Machinery Market Size, Share and Forecast, By Product Type, 2027-20338.3. Natural Fibres8.4. Polyester8.5. Nylon8.6. Others
9. Europe Textile Machinery Market, By Application (USD Million) 2020-2033
9.1. Europe Textile Machinery Market Size, Share and Forecast, By Application, 2020-20269.2. Europe Textile Machinery Market Size, Share and Forecast, By Application, 2027-20339.3. Household9.4. Technical9.5. Fashion and Clothing9.6. Others
10. Europe Textile Machinery Market Forecast, 2020-2033 (USD Million)
10.1. Europe Textile Machinery Market Size and Market Share
11. Europe Textile Machinery Market, By Region, 2020-2033 (USD Million)
11.1. Europe Textile Machinery Market Size and Market Share By Region (2020-202611.2. Europe Textile Machinery Market Size and Market Share By Region (2027-2033)
11.2.1. France
11.2.2. Germany
11.2.3. Italy11.2.4. Spain11.2.5. United Kingdom11.2.6. Rest of Europe
12. Company Profile
12.1. BONAS12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. DONGJIA12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. DORNIER12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. GOLDEN EAGLE12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. ITEMA12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. LAKSHMI MACHINE WORKS12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. PACIFIC MECHATRONIC12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. QINGDAO SPARK GROUP12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. TOYOTA INDUSTRIES12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments12.10. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
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Europe Textile Machinery Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
Europe Textile Machinery Market grew in Market size from 2024. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
Europe Textile Machinery Market CAGR of XX% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Europe Textile Machinery Market size is USD XX billion from 2024 to 2033.
Europe Textile Machinery Market is covered By Material Type, Product Type, By Application
The Europe is anticipated to have the highest Market share in the Europe Textile Machinery Market.
The key players in the Market include Companies Covered Bonas, Dongjia, Dornier, Golden Eagle, Itema, Lakshmi Machine Works, Pacific Mechatronic, Qingdao, Spark Group, Qingdao Textile, Toyota Industries, Truetzschler.
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