Textile Machinery Market in US to See Steady Growth

pallav bhagatpallav bhagat
2 min read

The global textile machinery market is witnessing strong and consistent growth, fueled by increasing automation in textile manufacturing, rising global demand for apparel and technical textiles, and supportive government initiatives in developing economies. The integration of smart technologies and advanced manufacturing systems is reshaping the textile industry and enabling higher efficiency, quality, and output.

According to industry estimates, the Textile Machinery Market size was estimated at USD 29.12 billion in 2023 and is expected to reach USD 46.24 billion by 2032, growing at a CAGR of 5.27% during the forecast period of 2024–2032. This steady expansion reflects the sector's transition toward modernization and sustainable production practices.

Key Market Drivers:

  • Rising Demand for Automation and Smart Manufacturing:
    Manufacturers are increasingly investing in automated textile machinery to enhance productivity and reduce dependency on manual labor. Innovations such as IoT-enabled looms, computerized knitting machines, and robotics are transforming traditional production lines.

  • Growth in Apparel and Technical Textile Industries:
    The booming global fashion and sportswear industry, along with the rapid development of technical textiles used in automotive, healthcare, and construction, are significantly boosting the demand for advanced textile machinery.

  • Government Support and Industry Modernization in Emerging Markets:
    Countries like India, China, Vietnam, and Bangladesh are offering policy support, subsidies, and infrastructure investments to modernize their textile industries, creating strong opportunities for machinery manufacturers.

  • Sustainability and Energy Efficiency Focus:
    Growing environmental awareness and regulatory pressure are pushing manufacturers toward machinery that supports eco-friendly processes—such as waterless dyeing, energy-efficient spinning, and zero-waste weaving.

  • Replacement and Upgradation of Legacy Systems:
    Aging equipment in established textile markets is driving a shift toward technologically superior and cost-efficient machinery. Companies are replacing outdated systems with next-gen solutions to remain competitive and comply with industry standards.

Key Players

  • T.E. Private Limited

  • Murata Machinery

  • Rieter

  • Itema Group

  • Qingdao Jingtian Textile Machinery Co., Ltd

  • OC Oerlikon

  • Trützschler Group

  • Savio Macchine Tessili S.p.A

  • Toyota Industries Corporation

  • SHIMA SEIKI MFG., LTD

  • Saurer

  • Picanol

  • Karl Mayer

  • Texpa

  • Müller

  • Jiangsu Hengli Machinery Group

  • Zimmer Austria

  • Dornier

  • Lohia Corp. Ltd.

  • TEXO

Conclusion:
The textile machinery market is on a progressive growth trajectory, supported by technological advancement, increasing global textile consumption, and a strong focus on sustainability and quality. As the industry evolves, companies that deliver high-performance, smart, and eco-conscious machinery will play a leading role in shaping the future of textile manufacturing worldwide.

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pallav bhagat
pallav bhagat