Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Machine Types (Spinning Machine, Weaving Machine, Knitting Machine, Texturing Machine), By Applications (Textile Industry, Clothing Industry), By Raw Material Types (Wool, Cotton, Cellulosic, Polypropylene, Acrylic, Others) And Competitive Landscape
Product Code: ETC057578 | Publication Date: Sep 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Europe is expected to lead the Global apparel & textile machinery market in the near future. The demand for high-performance, energy-efficient and environmentally friendly machines will have the highest growth rates during the forecast period due to constant technological developments.
According to 6Wresearch, the Europe Apparel And Textile Machinery Market size is expected to decline during 2022-2028. A number of factors are responsible for this decline, including the rising cost of labor, competition from cheaper foreign manufacturers, and the increasing popularity of fast fashion. As a result of this decline, a number of European companies have been forced to close their doors or move their operations to cheaper countries. This has had a negative impact on the European economy, and has led to job losses in the textile and apparel industries.
The decline of the European apparel and textile machinery market is expected to continue in the coming years. However, there are a number of initiatives being taken by the European Union to try and revive the industry. These include investing in new technologies, supporting companies that are innovating, and providing training and education for workers.
Each of these segments has different market dynamics. For example, the weaving machines segment is expected to grow during the forecast period. This growth is driven by the increasing demand for woven fabrics from the apparel and textile industry. On the other hand, the sewing machines segment is expected to decline during the forecast period. This decline is due to the increasing use of automatic sewing machines that do not require operator intervention.
Some of the key drivers include the increasing demand for technologically advanced machines, the growing popularity of online shopping, and the increasing disposable income of consumers. On the other hand, some of the key restraints include the high cost of these machines and the lack of skilled labour.
The apparel & textile machinery market in Europe is driven by factors such as the growing demand for technical textiles, the increasing investments in the fashion industry, and the rising popularity of athleisure. Additionally, the growing trend of online shopping and the growing popularity of fast fashion are also expected to boost the market growth.
The European apparel and textile machinery market Growth is expected to experience a decline in the coming years. This is due to a number of factors, including the increasing competition from Asia, the declining demand for textiles in Europe, and the economic slowdown in Europe.
The competition from Asia is expected to be the most significant factor affecting the European market. Asian countries such as China and India have been rapidly expanding their textile industries, and they are now able to offer apparel and textile products at much lower prices than European manufacturers. This is putting pressure on European companies to either lower their prices or find other ways to compete.
The declining demand for textiles in Europe is another major factor that is expected to contribute to the market's decline. This is due to a number of factors, including the increasing popularity of synthetic fabrics, the growing preference for casual clothing, and the declining birthrate in Europe.
Finally, the economic slowdown in Europe is also expected to have a negative impact on the market. This is because businesses are likely to invest less money in new machinery if they are expecting sales to decline.
The competitive landscape of the European apparel and textile machinery market is highly fragmented. The market is dominated by a few large players, such as Karl Mayer, Groz-Beckert, and Durkopp Adler.
The report includes an analysis of key players operating in the market, such as Juki Corporation, Brother Industries Ltd., Singer Corporation, and Ricoma International Corp.
The spread of disease has declined the growth of the industry owing to the shutting down of manufacturing and retail units. Restrictions on movement of goods and people hampered the supply chain of Apparel and textile machinery.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Apparel & Textile Machinery Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Apparel & Textile Machinery Market Revenues & Volume, 2021 & 2028F |
3.3 Europe Apparel & Textile Machinery Market - Industry Life Cycle |
3.4 Europe Apparel & Textile Machinery Market - Porter's Five Forces |
3.5 Europe Apparel & Textile Machinery Market Revenues & Volume Share, By Countries, 2021 & 2028F |
3.6 Europe Apparel & Textile Machinery Market Revenues & Volume Share, By Machine Types, 2021 & 2028F |
3.7 Europe Apparel & Textile Machinery Market Revenues & Volume Share, By Applications, 2021 & 2028F |
3.8 Europe Apparel & Textile Machinery Market Revenues & Volume Share, By Raw Material Types, 2021 & 2028F |
4 Europe Apparel & Textile Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Apparel & Textile Machinery Market Trends |
6 Europe Apparel & Textile Machinery Market, 2018 - 2028 |
6.1 Europe Apparel & Textile Machinery Market, Revenues & Volume, By Machine Types, 2018 - 2028 |
6.2 Europe Apparel & Textile Machinery Market, Revenues & Volume, By Applications, 2018 - 2028 |
6.3 Europe Apparel & Textile Machinery Market, Revenues & Volume, By Raw Material Types, 2018 - 2028 |
7 Germany Apparel & Textile Machinery Market, 2018 - 2028 |
7.1 Germany Apparel & Textile Machinery Market, Revenues & Volume, By Machine Types, 2018 - 2028 |
7.2 Germany Apparel & Textile Machinery Market, Revenues & Volume, By Applications, 2018 - 2028 |
7.3 Germany Apparel & Textile Machinery Market, Revenues & Volume, By Raw Material Types, 2018 - 2028 |
8 United Kingdom Apparel & Textile Machinery Market, 2018 - 2028 |
8.1 United Kingdom Apparel & Textile Machinery Market, Revenues & Volume, By Machine Types, 2018 - 2028 |
8.2 United Kingdom Apparel & Textile Machinery Market, Revenues & Volume, By Applications, 2018 - 2028 |
8.3 United Kingdom Apparel & Textile Machinery Market, Revenues & Volume, By Raw Material Types, 2018 - 2028 |
9 France Apparel & Textile Machinery Market, 2018 - 2028 |
9.1 France Apparel & Textile Machinery Market, Revenues & Volume, By Machine Types, 2018 - 2028 |
9.2 France Apparel & Textile Machinery Market, Revenues & Volume, By Applications, 2018 - 2028 |
9.3 France Apparel & Textile Machinery Market, Revenues & Volume, By Raw Material Types, 2018 - 2028 |
10 Italy Apparel & Textile Machinery Market, 2018 - 2028 |
10.1 Italy Apparel & Textile Machinery Market, Revenues & Volume, By Machine Types, 2018 - 2028 |
10.2 Italy Apparel & Textile Machinery Market, Revenues & Volume, By Applications, 2018 - 2028 |
10.3 Italy Apparel & Textile Machinery Market, Revenues & Volume, By Raw Material Types, 2018 - 2028 |
11 Russia Apparel & Textile Machinery Market, 2018 - 2028 |
11.1 Russia Apparel & Textile Machinery Market, Revenues & Volume, By Machine Types, 2018 - 2028 |
11.2 Russia Apparel & Textile Machinery Market, Revenues & Volume, By Applications, 2018 - 2028 |
11.3 Russia Apparel & Textile Machinery Market, Revenues & Volume, By Raw Material Types, 2018 - 2028 |
12 Spain Apparel & Textile Machinery Market, 2018 - 2028 |
12.1 Spain Apparel & Textile Machinery Market, Revenues & Volume, By Machine Types, 2018 - 2028 |
12.2 Spain Apparel & Textile Machinery Market, Revenues & Volume, By Applications, 2018 - 2028 |
12.3 Spain Apparel & Textile Machinery Market, Revenues & Volume, By Raw Material Types, 2018 - 2028 |
13 Rest of Europe Apparel & Textile Machinery Market, 2018 - 2028 |
13.1 Rest of Europe Apparel & Textile Machinery Market, Revenues & Volume, By Machine Types, 2018 - 2028 |
13.2 Rest of Europe Apparel & Textile Machinery Market, Revenues & Volume, By Applications, 2018 - 2028 |
13.3 Rest of Europe Apparel & Textile Machinery Market, Revenues & Volume, By Raw Material Types, 2018 - 2028 |
14 Europe Apparel & Textile Machinery Market Key Performance Indicators |
15 Europe Apparel & Textile Machinery Market - Opportunity Assessment |
15.1 Europe Apparel & Textile Machinery Market Opportunity Assessment, By Countries, 2021 & 2028F |
15.2 Europe Apparel & Textile Machinery Market Opportunity Assessment, By Machine Types, 2021 & 2028F |
15.3 Europe Apparel & Textile Machinery Market Opportunity Assessment, By Applications, 2021 & 2028F |
15.4 Europe Apparel & Textile Machinery Market Opportunity Assessment, By Raw Material Types, 2021 & 2028F |
16 Europe Apparel & Textile Machinery Market - Competitive Landscape |
16.1 Europe Apparel & Textile Machinery Market Revenue Share, By Companies, 2021 |
16.2 Europe Apparel & Textile Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |
Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Machine Types (Spinning Machine, Weaving Machine, Knitting Machine, Texturing Machine), By Applications (Textile Industry, Clothing Industry), By Raw Material Types (Wool, Cotton, Cellulosic, Polypropylene, Acrylic, Others) And Competitive Landscape
Product Code: ETC057578 | Publication Date: Feb 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Europe Apparel & Textile Machinery Market growth is driven by rapid urbanization and high standards of living. The demand for the production of green technologies for water treatment and drying processes has delivered products that are made of sustainable textile procedures, the demand for such products is the vision for the future. The growing need for new and sustainable products, rapid consumer growth, and developing new markets are the major aspect of increasing demand for customized machinery for various textile and apparel. However, there is an impact of coronavirus on the business worldwide even in Europe as the supply chain is affected and manufacturing requires a pace to catch up with the loss of man money and resources which has also affected the growth of the economy.
According to 6Wresearch, Europe Apparel & Textile Machinery Market size is projected to witness significant growth during 2021-27. Currently, Germany, Italy, and Spain accounted for the largest market share and are expected to continue their dominance during the forecast period. Additionally, Countries such as the United Kingdom and France are expected to be a rewarding market as they are working on bringing automation in dyeing and focusing on Recycling a High-Performing fabric and apparel material.
Based on the applications, the market is sub-segmented into the textile industry and clothing industry. The clothing industry segment is undergoing advancements and reforms due to rapid industrialization and the speed at which the market is expanding. Moreover, in the past few years, Europe accounted as the second largest region due to the high demand for advanced, flexible, efficient, and automated textile machinery.
The Europe Apparel & Textile Machinery Market report thoroughly covers the market by raw material types, machine types, applications, and countries including Germany, France, Italy, and the United Kingdom. The Europe Apparel & Textile Machinery Market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, market drivers, and shared by companies, which would help stakeholders to device and align market strategies according to the current and future market dynamics.
Europe Apparel & Textile Machinery Market is anticipated to gain momentum in the forthcoming years backed by an increase in the growth of the working women who have led spending high on the purchase of the fashionable garments which simultaneously bolster the adoption of textile machinery. Further, the rising establishment of the shopping centers across the region is estimated to generate high sales revenues underpinned by a wide range of apparel under one roof that attract large customers, this aspect is estimated to boost the substantial growth of the European apparel & textile machinery market in the upcoming six years.
Markets Covered
The Market report includes the following segments: