Textile machinery is used in the fabrication and processing of fabrics
, textiles, and other woven and non-woven materials. The major product segments under the head 'Textile Machinery' includes Textile Processing Machinery and Textile Working Machinery. The further classification of these two segments may be done as Fiber-Fabric Machinery (Cleaning & Opening Machinery, Carding & Combing Machinery, Drawing & Rowing Frames, Spinning & Twisting Frames, Yarn Winding Machines,Yarn Preparing Machines, and Other Fiber-To-Fabric Machines), Fabric Machinery ( Weaving Machinery, Knitting Machinery, and Other Fabric Machinery), Other Textile Machinery (Bleaching, Mercerizing & Dyeing Machinery, Textile Printing Machinery, Textile Finishing Machinery, and Other Complete Textile Machinery), and Textile Machinery Parts & Accessories
Textile Machinery - The Global Players
The major global producers of the Textile Machinery include Italy, Germany, Japan, and Switzerland. The countries from the Far East particularly China have managed to increase their export market share in the recent years. China is now the world's fifth exporter of textile machinery. In the global context, Italy remains among the leaders in the sector, both in terms of production and exports, with about 11% market share. When talking about regions, Asia-Pacific dominates the world textile machinery market, both in size and growth rate. The Asia-Pacific textile machinery market is predicted to reach nearly US$14 billion by 2010 which is approximately half of the global market. The European market is the second largest, with value sales of nearly US$6.5 billion in 2006. Together, these two regions make 80% of the world market. United States market follows at a distant third, with an estimated share of about 7%.
Major Trends in Textile Machinery Industry
World textile machinery market is growing fast, primarily due to the removal of quotas and growing domestic demand from emerging economies such as China and India. Among the four product segments mentioned earlier in this article, the textile parts & accessories market represents the largest and the fastest growing segment. This segment, accounts for about 35% of the global market and is forecast to grow at a rate of 5% over the next five years. Other textile machinery market comprising bleaching, mercerizing & dyeing machinery
, textile printing machinery, textile finishing machinery, forms the second largest with a 25% share. Fiber-fabric machinery market and fabric machinery market, have been predicted to grow at a modest rate of about 4% in the coming years.
One of the new trends in textile machinery production is the increasing use of electronics and development of automation and robotics. However, this development does not carry much significance for the textile industries of the developing countries which are mainly labour intensive markets and need machinery where more of the available cheap labor can be used . The new automated machinery are more useful for the developed markets where labour is expensive and the industry needs more and more automation for reducing their operation costs. Countries where major development of textile machinery have taken place are Britain, Germany, Switzerland, Czech Republic, Italy, US, and Japan.
The market for secondary textile machinery is also growing, particularly in developing nations and also in branches of highly industrialized countries. The production of certain levels by means of second-hand machines might be reasonable for some countries or technological applications but when productivity, quality and energy costs are considered in light of today's demand of end- products, a second-hand machine is no alternative to a new, innovative machine.
The competition between textile machinery manufacturers in key markets is intense which inspires them to constantly seek out new markets. The industry is determinant in pursuing sales in developing countries where the textile and garment manufacturing industries are fast developing and require continued investment in capital equipment. Countries like China, India, Pakistan, Bangladesh whose economy is largely dependent on textile and apparel industry are fast becoming targets of the textile machinery manufacturing units. The comparatively mature markets like those in Western Europe too, require a large amount of equipment purchasing.
With the removal of all quotas imposed on China in December 2008, investments in the textile industry are expected to increase. Particularly, shipments from Asian countries excluding Japan are expected to boost the worldwide textile machinery market.