India Weaving Machine Market (2022-2028) | Share, Growth, Revenue, Size, Industry, Outlook, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

India Weaving Machine Market Synopsis

India weaving machine market is anticipated to grow during the forecast period. The major factors driving the growth of this market are the growing demand for textile products and the increasing government initiatives to promote the textile industry. In addition, the rising disposable incomes and changing lifestyles of consumers are also fueling the growth of this market.

According to 6Wresearch, the India Weaving Machine Market size is expected to grow during 2022-2028. India is the second largest producer of textiles and garments in the world. The textile industry contributes around 14% to industrial production, 4% to the country’s GDP and 17% to overall export earnings. Weaving machines are used in the textile industry to produce fabrics from a variety of fibres. The machine stitches the fibres together to create a fabric. There are several types of weaving machines, each with its own specific use.

The country has a large pool of skilled labor, which is engaged in various processes of textile production, making it a cost-effective destination for textile manufacturers. In addition, the government provides various incentives and subsidies to promote the growth of the textile industry in India. However, power shortages and lack of infrastructure are some of the major challenges faced by the industry.

Development and Status of India Weaving Machine Industry

The Indian weaving machine industry is one of the most important sectors in the country's economy. It employs over two million people and contributes significantly to the country's export earnings. The sector has been growing steadily over the past few years and is expected to continue to grow in the future.

The India weaving machine industry is made up of a large number of small and medium enterprises (SMEs). The majority of these enterprises are located in the states of Tamil Nadu, Maharashtra, Gujarat, and Karnataka. These enterprises produce a wide range of products, including looms, embroidery machines, and other textile machinery.

The sector has undergone a significant transformation in recent years due to the introduction of new technology and the entry of foreign players. The competition from foreign players has led to an increase in the quality of products produced by Indian companies. Additionally, the government has provided various incentives to encourage companies to set up manufacturing units in India.

The India weaving machine market growth is expected to continue at a strong pace in the future. This growth will be driven by factors such as the increasing demand for textile products from developed countries, the expanding middle class in India, and the government's continued support for the sector. 

The weaving machine industry in India is a key sector of the country’s economy and employs over two million people. The sector has been growing steadily over the past few years and is expected to continue to grow in the future. The India weaving machine industry is made up of a large number of small and medium enterprises (SMEs). The majority of these enterprises are located in the states of Tamil Nadu, Maharashtra, Gujarat, and Karnataka. These enterprises produce a wide range of products, including looms, embroidery machines, and other textile machinery.

Importance and Positive Impacts of India Weaving Machine Market

Weaving machines are an important part of the textile industry in India. They are used to create fabrics of various types and textures. Weaving machines have a number of positive impacts on the economy and society of India.

Weaving machines make it possible to produce large quantities of fabric in a short period of time. This helps to meet the increasing demand for textile products in the country. Weaving machines also create employment opportunities for a large number of people. They are an important part of the value chain in the textile industry and contribute significantly to the GDP of India.

Weaving machines have a positive impact on the environment as well. They help to save water and energy consumption as compared to traditional methods of fabric production. Weaving machines also generate less waste and pollution. 

Impact of COVID-19 on the India Weaving Machine Market

The pandemic will have a significant impact on the Global weaving machine market. All weaving machines in use in India are impacted by the pandemic and that the industry is expected to suffer a loss due to reduced production. Additionally, weaving companies have closed down since the pandemic began, with more expecting to do so in the near future.

Machines used in the weaving industry are difficult and expensive to replace, making them less attractive investments for companies whose profits are derived from the sale of products rather than capital investment. Additionally, the increased demand for antibiotics and other medical supplies has led to a shortage of workers with proper safety training, resulting in some companies having to reduce production even further.

Market Analysis based on Machine Type

Based on Machine type, the India Weaving Machine Market share is segmented into Shuttle Weaving Machine and Circular Weaving Machine. Shuttle weaving machine segment is expected to account for the largest share of the market during the forecast period. This segment is primarily used in apparel and other textile manufacturing applications. The market for circular weaving machines is expected to grow slowly, owing to high entry barriers in this market. The shuttle weavers are mainly used for producing finer fabrics such as cotton and cotton blends. The power loom weavers are mainly used for producing synthetic fabrics such as polyester and nylon.

Development and Production Processes of India’s Weaving Machines

The India weaving machine market revenue has been on a declining trend over the past few years. This is due to various factors such as the high cost of production, lack of innovation, and increasing competition from China.

In terms of production process, most of the weaving machines in India are produced manually. This makes them expensive to produce and also results in low productivity. Moreover, these machines are not very efficient and often break down.

In order to stay competitive, Indian manufacturers need to invest in new technologies and innovative processes. They also need to focus on producing quality products at competitive prices. 

Competitive Landscape of the Indian Weaving Machine Industry

The India weaving machine industry share is highly fragmented, with a large number of small and medium enterprises (SMEs) accounting for a significant share of the market. The industry is characterized by low entry barriers, which has resulted in a large number of players, both domestic and foreign. The competition in the industry is further intensified by the presence of a large number of unorganized players.

The companies hold a strong position in the market due to their wide product range, strong brand equity, and extensive distribution network. The industry is expected to witness moderate consolidation over the forecast period. The industry is likely to be further consolidated in the coming years with foreign players consolidating their position in the Indian market by acquiring local players.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Weaving Machine Market Outlook
• Market Size of India Weaving Machine Market, 2021
• Forecast of India Weaving Machine Market, 2028
• Historical Data and Forecast of India Weaving Machine Revenues & Volume for the Period 2018 - 2028
• India Weaving Machine Market Trend Evolution
• India Weaving Machine Market Drivers and Challenges
• India Weaving Machine Price Trends
• India Weaving Machine Porter's Five Forces
• India Weaving Machine Industry Life Cycle
• Historical Data and Forecast of India Weaving Machine Market Revenues & Volume By Machine Type for the Period 2018 - 2028
• Historical Data and Forecast of India Weaving Machine Market Revenues & Volume By Shuttle Weaving Machine for the Period 2018 - 2028
• Historical Data and Forecast of India Weaving Machine Market Revenues & Volume By Circular Weaving Machine for the Period 2018 - 2028
• Historical Data and Forecast of India Weaving Machine Market Revenues & Volume By Others for the Period 2018 - 2028
• Historical Data and Forecast of India Weaving Machine Market Revenues & Volume By Weaving Type for the Period 2018 - 2028
• Historical Data and Forecast of India Weaving Machine Market Revenues & Volume By Plain Weave for the Period 2018 - 2028
• Historical Data and Forecast of India Weaving Machine Market Revenues & Volume By Satin Weaving for the Period 2018 - 2028
• Historical Data and Forecast of India Weaving Machine Market Revenues & Volume By Twill Weaving for the Period 2018 - 2028
• Historical Data and Forecast of India Weaving Machine Market Revenues & Volume By Others for the Period 2018 - 2028
• India Weaving Machine Import Export Trade Statistics
• Market Opportunity Assessment By Machine Type
• Market Opportunity Assessment By Weaving Type
• India Weaving Machine Top Companies Market Share
• India Weaving Machine Competitive Benchmarking By Technical and Operational Parameters
• India Weaving Machine Company Profiles
• India Weaving Machine Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Machine Type

• Shuttle Weaving Machine
• Circular Weaving Machine
• Others

By Weaving Type

• Plain Weave
• Satin Weaving
• Twill Weaving
• Others