Global Textile Testing Equipment Market 2024-2028
The textile testing equipment market is forecasted to grow by USD 317.4 mn during 2023-2028, accelerating at a CAGR of 4.45% during the forecast period. The report on the textile testing equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in demand for technical textiles, growth in domestic demand for textiles in APAC, and increased demand for non-woven fabrics.
Technavio's textile testing equipment market is segmented as below:
By End-user
- Textile companies
- Professional testing agencies
By Application
- Apparel industry
- Footwear industry
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the rise in use of sustainable fibers as one of the prime reasons driving the textile testing equipment market growth during the next few years. Also, implementation of new standards for testing e-textiles and automation and integration of advanced technologies in textile testing equipment will lead to sizable demand in the market.
The report on the textile testing equipment market covers the following areas:
- Textile testing equipment market sizing
- Textile testing equipment market forecast
- Textile testing equipment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading textile testing equipment market vendors that include AMETEK Inc., Bureau Veritas SA, Eurofins Scientific SE, Hohenstein, Intertek Group Plc, Paramount Instruments, QIMA Ltd., Rieter Holding AG, Roaches Ltd., SDL Atlas, SGS SA, TESTEX Instruments Ltd., The Hong Kong Standards and Testing Centre Ltd., TUV Rheinland AG, TUV SUD AG, and SMARTEX. Also, the textile testing equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.