Global Loom Market Growth 2023-2029
Loom is machine or device which is used to produce woven fabric. It is the central point of whole process of cloth production.
LPI (LP Information)' newest research report, the “Loom Industry Forecast” looks at past sales and reviews total world Loom sales in 2022, providing a comprehensive analysis by region and market sector of projected Loom sales for 2023 through 2029. With Loom sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Loom industry.
This Insight Report provides a comprehensive analysis of the global Loom landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Loom portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Loom market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Loom and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Loom.
The global Loom market size is projected to grow from US$ 4768 million in 2022 to US$ 7841.2 million in 2029; it is expected to grow at a CAGR of 7841.2 from 2023 to 2029.
Global loom main manufactuers include Picanol, Itema Group,Van de Wiele, Dornier, RIFA, etc., totally holding a share for 42% of the market. China is the largest market of loom, with a share about 63%. As for the types of products, it can be divided into air jet loom, water jet loom and rapier and projectile loom. The most common product is water jet loom, with a share over 47%. In terms of applications, it is widely used in natural fibers industry and chemical fiber industry. The most commom application is in natural fibers industry, with a share over 66%.
This report presents a comprehensive overview, market shares, and growth opportunities of Loom market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Air Jet Loom
Water Jet Loom
Rapier and Projectile Loom
Segmentation by application
Natural Fibers Industry
Chemical Fiber Industry
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Picanol
Itema Group
Van de Wiele
Dornier
RIFA
Tsudakoma
Toyota
Jingwei Textile Machinery
Haijia Machinery
Tianyi Red Flag
Huasense
Yiinchuen Machine
KINGTEX
Huayi Machinery
Smit
Tongda Group
SPR
Key Questions Addressed in this Report
What is the 10-year outlook for the global Loom market?
What factors are driving Loom market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Loom market opportunities vary by end market size?
How does Loom break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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