Cotton Spinning Machine Market: Introduction
- Cotton spinning machines process (or spin) prepared cotton roving into workable thread or yarn. These machines are placed at the end of the yarn production line. The yarn is knitted or woven to obtain fabric, as the quality of the yarn can influence the quality of the fabric. Texturing machines introduce newer properties such as elasticity, bulkiness, covering power, natural aspect, soft touch, and easier processing in filament yarn. Knitting machines produce knitted fabric from threads and yarns in a fully or semi-automated fashion. Therefore, the market for cotton spinning machines is estimated to expand during the forecast period.
Key Drivers and Opportunities of Global Cotton Spinning Machine Market
- A major trend in the global cotton spinning machine market is increasing technological advancements to improve the manufacturing process. Countries where cost of manufacturing is high and labor is expensive are witnessing high demand for automation in order to reduce operational cost. This is estimated to offer significant opportunity for manufacturers to cater to the demand for technological advanced cotton spinning machines during the forecast period.
- Increasing demand for textile products and environment-friendly fibers in developing nations is expected to drive the cotton spinning machine market. Europe is major manufacturer of textile machinery. Asia Pacific is strategically located from most major apparel and textile producing countries and hence, offers significantly opportunities for manufacturers to cater the demand from the region.
- Manufacturers are focusing on technological advancements to upgrade textile machinery, thereby catering to the demand for automated machines that deliver higher quality output along with reduced energy consumption, thereby reducing operating cost
- Furthermore, manufacturers produce sophisticated machines of higher speed & production capacity at a competitive price. The presence of numerous small-scale manufacturers makes the industry more competitive. It is therefore expected to restrain the market during the forecast period.
- The secondhand machinery market is gaining popularity in developing economies. The changing dynamics of these economies does not favor preference for expensive machines made by Europe-based manufacturers. It encourages textile companies to purchase secondhand machinery. This, in turn, is estimated to further hamper the cotton spinning market during the forecast period.
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Asia Pacific to Hold Major Share of Global Cotton Spinning Machine Market
- In terms of geography, the global cotton spinning machine market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- Asia Pacific accounted for a major share of the global cotton spinning machine market, as the region has a significantly high number of machines due to the growing production volumes of fabrics and yarn and lower raw material and operating costs in the region
Key Players Operating in Global Cotton Spinning Machine Market
- A.T.E. Private Limited
- Adolph Saurer AG
- Itema S.p.A.
- Kirloskar Toyota Textile Machinery
- Lakshmi Machine Works
- Marzoli Machines Textile S.r.l.
- Murata Machinery, Ltd.
- Rieter
- Savio Macchine Tessili
- Trützschler Group
Global Cotton Spinning Machine Market: Research Scope
Global Cotton Spinning Machine Market, by Type
- Ring Spinning
- Compact Spinning
- Spinning With Rotor
- Spinning With Air Jet
Global Cotton Spinning Machine Market, by Process
- Fiber Preparation Machines
- Opener
- Pre-Cleaner
- Blender
- Card & Blower Control System.
- Spinning Machines
- Drawing Frame
- Style Preparation System
- Combo & Overlay Transport System
Global Cotton Spinning Machine Market, by Raw Material
- Natural
- Synthetic
- Mixed Fibers
Global Cotton Spinning Machine Market, by Price
- Low
- Medium
- High
Global Cotton Spinning Machine Market, by Distribution Channel
- Direct
- Indirect
Global Cotton Spinning Machine Market, by Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.