Cautious Investment Sustains Global Textile Machinery Market Growth
The global economic recession, especially in the West, has had a deep impact on the global textile machinery. Having witnessed a favorable investment climate in the first half of 2007, particularly, the textile machinery industry is growing at a relatively slow pace.
The decline in the global textile machinery industry is evident from both the import and export perspectives. While China, the largest importer of textile machineries worldwide, noted a fall of 14% in import during January to October 2008 against the same period in 2007, Germany, the world’s largest exporter, faced a notable slump in demand. The overall exports of textile machineries from Germany declined by 12% in the first seven months of 2008 compared to the same period in the previous year of 2007.
Recession in the textile industry has been recognized as the key factor affecting the demand of textile machineries, which further led to cautious investment in machineries by the investors.
According to the market experts, the global textile machinery industry will not recover in 2009 due to the uncertain financial markets and dependence of the textile industry on state subsidies in many countries.
However, some factors will continue to sustain the growth if not drive the demand for textile machineries in the world. The blooming Asian textile industry is primary factor stimulating the business of western machinery manufacturers and local competitors. Secondly, a notable rise in the demand for nonwoven - based disposable products such as filters and tissues – is also projected to add to the market growth. In emerging economies like China and India, nonwovens hold immense business opportunities because of the growing prosperity in these regions.
The report offers an analysis of the global textile machinery market with a focus on spinning machineries (short-staple and long-staple spindles and open-end rotors). The market has been evaluated on the basis of shipments of textile machineries globally and the size and growth of various machinery applications. It also analyzes market opportunities in the Asian region (specifically China, India and Turkey) for the textile machine manufacturers. The competitive landscape of the textile machinery industry has been assessed in the report with spotlight on leading players like Rieter, Oerlikon, Lakshmi Machine Works and Jingwei Textile Machinery. Further, the future of the textile machinery industry has been critically discussed in the report.
The decline in the global textile machinery industry is evident from both the import and export perspectives. While China, the largest importer of textile machineries worldwide, noted a fall of 14% in import during January to October 2008 against the same period in 2007, Germany, the world’s largest exporter, faced a notable slump in demand. The overall exports of textile machineries from Germany declined by 12% in the first seven months of 2008 compared to the same period in the previous year of 2007.
Recession in the textile industry has been recognized as the key factor affecting the demand of textile machineries, which further led to cautious investment in machineries by the investors.
According to the market experts, the global textile machinery industry will not recover in 2009 due to the uncertain financial markets and dependence of the textile industry on state subsidies in many countries.
However, some factors will continue to sustain the growth if not drive the demand for textile machineries in the world. The blooming Asian textile industry is primary factor stimulating the business of western machinery manufacturers and local competitors. Secondly, a notable rise in the demand for nonwoven - based disposable products such as filters and tissues – is also projected to add to the market growth. In emerging economies like China and India, nonwovens hold immense business opportunities because of the growing prosperity in these regions.
The report offers an analysis of the global textile machinery market with a focus on spinning machineries (short-staple and long-staple spindles and open-end rotors). The market has been evaluated on the basis of shipments of textile machineries globally and the size and growth of various machinery applications. It also analyzes market opportunities in the Asian region (specifically China, India and Turkey) for the textile machine manufacturers. The competitive landscape of the textile machinery industry has been assessed in the report with spotlight on leading players like Rieter, Oerlikon, Lakshmi Machine Works and Jingwei Textile Machinery. Further, the future of the textile machinery industry has been critically discussed in the report.
1. GLOBAL TEXTILE MACHINERY MARKET
1.1 Global Market Overview
1.2 Textile Machinery Market: Size by Applications
1.3 Textile Machinery Market: Segment Analysis
1.3.1 Spinning Machinery
1.3.2 Weaving Machinery
1.3.3 Circular & Flat Knitting
1.3.4 Texturing Machinery
2. TEXTILE MACHINERY: MAJOR EXPORTING COUNTRIES
3. MARKET OPPORTUNITIES: MAJOR ASIAN COUNTRIES
3.1 Chinese Textile Machinery Market
3.1.1 Market Overview
3.1.2 Market Outlook
3.2 Indian Textile Machinery Market
3.2.1 Market Overview
3.2.2 Market Outlook
3.3 Turkish Textile Machinery Market
3.3.1 Market Overview
3.3.2 Market Outlook
4. GROWTH DRIVERS
5. COMPETITIVE LANDSCAPE
6. COMPANY ANALYSIS
6.1 Rieter Holding
Company Description
Sales Analysis
Business Strategies
6.2 Oerlikon Group
Company Description
Sales Analysis
Business Strategies
6.3 Lakshmi Machine Works
Company Description
Sales Analysis
Business Strategies
6.4 Jingwei Textile Machinery Company
Company Description
Business Strategies
7. FUTURE OUTLOOK
TABLES AND FIGURES
Global Textile Machinery Market Breakdown by Types (Volume): 2007
Global Textile Machinery Market – Size by Applications: 2007
Global Shipment of Spinning Machinery: 2002-2007
Global Shipment of Short-Staple (Cotton) Spindles: 2002-2007
Global Shipment of Long-Staple (Wool) Spindles: 2002-2007
Global Shipment of Open-End Rotors: 2002-2007
Global Shipment of Shuttle-Less Looms: 2002-2007
Global Shipment of Circular Knitting Machines: 2002-2007
Global Shipment of Draw-Texturing (Double Heater) Machines: 2004-2007
Export of Textile Machinery by Major Countries (Value): 2005-2007
Textile machinery - Top exporting countries (Percentage Break-up): 2007
Import of Textile Machinery in Major Countries (Value): 2005-2007
Textile machinery - Top importing countries (Percentage Break-up): 2007
Shipment of Spinning Machineries in Asian Countries: 2005-2007
Import of textile machineries in China (Value): 2004-2007
Chinese Textile machineries-Top importing countries: Percentage Break-up: 2007
Export of textile machineries by China (Value): 2004-2007
China’s Textile Machinery Industry Forecast: 2008-2010
Spinning machinery production (Value) in India: 2002-2007
Import of textile machineries in India (Value): 2004-2007
Indian Textile machineries-Top importing countries: Percentage Break-up: 2007
Import of textile machineries in Turkey (Value): 2004-2007
Turkish Textile machineries-Top importing countries: Percentage Break-up: 2007
Export of textile machineries by Turkey (Value): 2005-2007
Per capita consumption of cotton staple fiber
Production and consumption of nonwovens by Country: 2000-07
Rieter Textile - Sales by geographical region: 2007
Oerlikon Textile - Sales by geography: 2007
LMW – Sales by geography: 2007 vs. 2008
Jingwei Textile - Sales by geography: 2007
Global Shipment of Spinning Machinery-Forecast: 2008-2010
India - Production of Textile Machinery, Parts and Accessories by Category
Leading companies – Product lines and presence
Leading companies – Market Position by Applications
Global Textile Machinery Market Breakdown by Types (Volume): 2007
Global Textile Machinery Market – Size by Applications: 2007
Global Shipment of Spinning Machinery: 2002-2007
Global Shipment of Short-Staple (Cotton) Spindles: 2002-2007
Global Shipment of Long-Staple (Wool) Spindles: 2002-2007
Global Shipment of Open-End Rotors: 2002-2007
Global Shipment of Shuttle-Less Looms: 2002-2007
Global Shipment of Circular Knitting Machines: 2002-2007
Global Shipment of Draw-Texturing (Double Heater) Machines: 2004-2007
Export of Textile Machinery by Major Countries (Value): 2005-2007
Textile machinery - Top exporting countries (Percentage Break-up): 2007
Import of Textile Machinery in Major Countries (Value): 2005-2007
Textile machinery - Top importing countries (Percentage Break-up): 2007
Shipment of Spinning Machineries in Asian Countries: 2005-2007
Import of textile machineries in China (Value): 2004-2007
Chinese Textile machineries-Top importing countries: Percentage Break-up: 2007
Export of textile machineries by China (Value): 2004-2007
China’s Textile Machinery Industry Forecast: 2008-2010
Spinning machinery production (Value) in India: 2002-2007
Import of textile machineries in India (Value): 2004-2007
Indian Textile machineries-Top importing countries: Percentage Break-up: 2007
Import of textile machineries in Turkey (Value): 2004-2007
Turkish Textile machineries-Top importing countries: Percentage Break-up: 2007
Export of textile machineries by Turkey (Value): 2005-2007
Per capita consumption of cotton staple fiber
Production and consumption of nonwovens by Country: 2000-07
Rieter Textile - Sales by geographical region: 2007
Oerlikon Textile - Sales by geography: 2007
LMW – Sales by geography: 2007 vs. 2008
Jingwei Textile - Sales by geography: 2007
Global Shipment of Spinning Machinery-Forecast: 2008-2010
India - Production of Textile Machinery, Parts and Accessories by Category
Leading companies – Product lines and presence
Leading companies – Market Position by Applications
