Textile Folding Machine Market size was estimated at $xx Billion in 2020 and is expected to reach $xx Billion by 2027, growing at a CAGR of 10.6% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
A textile folding machine is mostly used for folding clothes in a few minutes. In other words, it is used to fold polo shirts, undershirts, tops, t-shirts, vests, trousers, dry fit, sweaters, banners, lady dresses, hoodies, blankets, leggings, and towels at a very quick pace. A textile folding machine is the most developed and fully mechanical folding equipment that offers good folding quality and gives an excellent solution for return handling and e-commerce.
The textile folding machine can neatly fold a single cloth in five seconds and a large number of clothes can be folded in about three minutes. To use the machine, someone has to clip each piece of cloth on two hooks, then allow the towel or shirt to be drawn. After the cloth is drawn inside the machine, a system of rollers and rods straightens and folds the cloth one piece at a time. Its then placed in a tray at the center of the machine.
Textile folding machines are utilized by different industries such as retail stores, textile industry, and apparel manufacturers to fold clothes at the fastest pace.
Textile Folding Machine Market Growth and Trends
Driving factors for the industry :
• Rise in disposable income of consumers and urbanization of various developed and developing end sectors all over the globe, are the major factors anticipated to boost the market globally.
• The global textile folding machine market is expected to expand at a rapid pace during the forecast period, due to increased demand for textile folding machines in different industries including textiles, retail stores and various apparel manufactures.
• Change in consumer patterns in terms of market competitions, due to the influence of western culture is expected to boost the market in the next few years. This is primarily due to growth in the fashion industry worldwide and rapid growth of the fashion and textile industry, which, in turn, is projected to boost the textile folding machine market in the next few years due to high demand.
• Increase in use of textile folding machines by apparel manufacturers, industrial launderers, hotels, and hospitals, etc. is anticipated to boost the growth and demand for the textile folding machine market in the near future.
• Adoption and development in new technologies like increase in adoption of IIoT-enabled machinery in the textile industry and implementation of Industry 4.0 are also expected to bolster the textile folding machine market globally.
• New technological advancements in global textile machine market include Artificial Intelligence (AI), Internet of Things (IoT), and robotics which help these machines to connect to the internet platform and perform complicated tasks autonomously without much of human work. This, in turn, is anticipated to drive the textile folding machine market expansion in the near future.
• Furthermore, automation in the textile industry plays an important role in enhancing the expansion of the textile folding machine market in the near future.
• The textile folding machine market in the Asia Pacific region is anticipated to expand at a rapid pace. This fact can be attributed to the increase in number of retail stores and hotels in India and China, which is in turn anticipated to push the textile folding machine market growth across the region in the near future.
• Rise in demand for textile folding machines from the fashion industry, especially in Asia Pacific, is anticipated to drive the textile folding machine market in that region.
Challenges for the industry : However, high installation as well as maintenance cost of textile folding machines is expected to hinder the market in the near future.
Textile Folding Machine Market Regional Analysis
Textile Folding Machine Market Share and Competition
Key companies operating in this industry are: Dekken Machinery, D. S. Topiwala Enterprise, Abhishek Engineering Works, Suntech Industrial (Industrial) Limited, B-Tex Textile Machinery, Yash Textile Machines Pvt. Ltd., SRI GAYATHRI ENGINEERING, Shree Laxmi Group Engineering Company, CARDWELL, D.S Topiwala Enterprise, Herbert Kannegiesser GmbH, Automatex Inc., Indemac Srl, Carl Schmale GmbH & Co., and POLYTEX AG. Similar industries in this domain that is growing at a high CAGR include Medical Manifolds Market and Automotive Air Intake Manifold Market.
Textile Folding Machine Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Manual Textile Folding Machine
• Semi-Automatic Textile Folding Machine
• Automatic Textile Folding Machine
End-user Analysis (Revenue, USD Million, 2020 - 2027)
• Hotel
• Hospital
• Apparel Manufacturers
• Others
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Textile Folding Machine Market Companies
• Dekken Machinery
• D. S. Topiwala Enterprise
• Abhishek Engineering Works
• Suntech Industrial (Industrial) Limited
• B-Tex Textile Machinery
• Yash Textile Machines Pvt. Ltd.
• SRI GAYATHRI ENGINEERING
• Shree Laxmi Group Engineering Company
• CARDWELL
• D.S Topiwala Enterprise
• Herbert Kannegiesser GmbH
• Automatex Inc.
• Indemac Srl
• Carl Schmale GmbH & Co.
• POLYTEX AG
Available Versions: -
United States Textile Folding Machine Market Research Report
Europe Textile Folding Machine Market Research Report
Asia Pacific Textile Folding Machine Market Research Report
India Textile Folding Machine Market Research Report
