Global Cotton Spinning Machinery Market Size study & Forecast, by Machine Type (Fiber Preparation Machines, Spinning Machines, Heavy Spinning Machines), by Raw Material (Natural, Synthetic, Mixed fibers), by Type (Ring Spinning, Compact Spinning, Spinning with Rotor and Air Jet), and Regional Analysis, 2023-2030.
Global Cotton Spinning Machinery Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.0 % over the forecast period 2023-2030. Cotton Spinning It is the way of twisting strands of cotton fibers to shape a yarn, which is used to make clothes and other end-user items. The cotton spinning process is the key aspect for the textile business. The Cotton Spinning Machinery Market is expanding because of factors such as the rising production of cotton and the rising textiles trade across the world. local mills.
Rising cotton production across the globe is driving market growth. According to Organization for Economic Co-operation and Development OECD-FAO Agriculture Outlook 2020-2029. At the global level, the cotton area is projected to grow by 6%. From the same source, it has been found that the production of cotton in the year 2019 stood at 26.4 MT which increased to 26.5 MT in the year 2021 and it is projected to grow and reach 30 Mt by the year 2029. Thus, the rising production of cotton across the world is driving market growth. Along with these, In addition, the rise in demand for natural fabric and rising government support for the cotton production industry is creating lucrative growth in the market. However, the cost of installing and maintaining the cotton spinning machinery is high which is hampering the market growth.
The key regions considered for the Global Cotton Spinning Machinery Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The Asia-Pacific region is expected to dominate the global cotton textile machinery industry because Countries such as India and China are the major producer of cotton and there is rising textile industry, consumer products, and animal feed. Asia-Pacific region is also the fastest growing region in the world because of factors such as rising textile industry and cotton consumption owing the growth for the region.
Major market player included in this report are:Shandong Swan Cotton Industrial Machinery Stock Co., Ltd.
Murata Machinery Ltd
Lakshmi Machine Works Limited
Kirloskar Toyota Textile Machinery Pvt. Ltd
A.T.E. Private Limited
Itema S.P.A
Marzoli textile engineering
Savio Macchine Tessili S.P.A
Bajaj Steel Industries Limited
Nipha Exports Private Limited
Recent Developments in the Market:On January, 2022: PLI1 devloped the single ply cutting system by ATE textiles solutions from Morgan Tecnica, Italy (from ATE Group). The PLY1 features with multiple cutting heads which are able to cut both soft as well as hard textile materials.
On April, 2021: Ingersoll Machine Tools make a expansion of 40,000-square-foot expansion to build the Giant Magellan Telescope structure. The expansion comprises the installation in the new building of an Ingersoll MasterMillTM that will constitute one of the largest milling centers in the United States, also serving the manufacturing needs of the U.S. Defense Department.
Global Cotton Spinning Machinery Market Report Scope:Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Machine Type, Raw Material, Type, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Machine Type:
Fiber Preparation Machines
Spinning Machines
Heavy Spinning Machines
By Raw Material
Natural
Synthetic
Mixed fibers
By Type:
Ring Spinning
Compact Spinning
Spinning with Rotor and Air Jet
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies MentionedShandong Swan Cotton Industrial Machinery Stock Co., Ltd.
Murata Machinery Ltd
Lakshmi Machine Works Limited
Kirloskar Toyota Textile Machinery Pvt. Ltd
A.T.E. Private Limited
Itema S.P.A
Marzoli textile engineering
Savio Macchine Tessili S.P.A
Bajaj Steel Industries Limited
Nipha Exports Private Limited
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