U.S. Textile Processing Machinery Market Size, Share & Trends Analysis Report By Process (Bleaching/Dyeing Machines, Washing Machine, Ironing Machines & Presses, Drying Machines), And Segment Forecasts, 2024 - 2030
U.S. Textile Processing Machinery Market Growth & Trends
The U.S. textile processing machinery market size is anticipated to reach USD 3.92 billion by 2030, registering a CAGR of 3.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing textile sector is an important factor contributing to market growth in the U.S. The improved quality of produced textiles and adequate customization offered by these machines are further acting as important drivers for market growth. The market demands a machine not only capable of producing high-quality textiles but also capable of handling different types of textiles. Hence, the quality assurance and flexibility offered by these machines are driving the market growth.
Continuous advancements in machine technology, such as the integration of the industrial internet of things (IIoT) and the introduction of artificial intelligence (AI), improve the machines’ production capacity. This rising capacity further improves the overall efficiency of the textile manufacturing plant by reducing the production cost & waste being generated. For instance, the SUNTECH Automatic Camera Fabric Inspection Machine (ST-Thinker) can be used to inspect the quality of fabric being manufactured. In the U.S., the demand for carbon-neutral solutions in textile manufacturing facilities has been growing significantly. Hence, there is a growing emphasis on eco-friendly and sustainable machines.
As the new machinery is capable of reducing the waste being generated and consumes less energy, the demand for sustainable and high-carbon efficient machines is expected to rise significantly over the forecast period. In October 2023, the U.S. Department of Labor reported that the labor cost in the country has been increasing continuously and is contributing to a rise in the final production cost of manufactured textiles. Textile processing machines reduce the standard labor hours required for textile manufacturing, thereby offering a cost-effective solution to manufacturers. Hence, for improved production capacity and indirect market penetration, these machines are preferred by textile manufacturers in the country.
U.S. Textile Processing Machinery Market Report Highlights
The drying machines segment dominated the market and accounted for a share of 79.6% in 2023. Drying machines contribute to reduction of the overall production time & costs, quicker drying process, and enhanced textile quality during production
The ironing machines & presses segment is expected to register the fastest CAGR from 2024 to 2030 due to their ability to produce smooth and wrinkle-free textiles. These machines are used to maintain the quality of the finished product by ensuring surface uniformity of the textiles being produced
In November 2023, Alliance Laundry Systems LLC introduced the revolutionary dryer feature (ProCapture) in its dryer machines. This new feature is designed to eliminate the problems caused by lint and improve the yarn strength during the drying process
In addition, this new feature is expected to improve the Tumbler's performance and reduce the staff time spent on cleaning the lint compartments
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