Commercial Tufting Machine Market Size, Share, Analysis 2030

Commercial Tufting Machine Market Size, Share, Analysis 2030

Segments - Commercial Tufting Machine Market by Machine (PACAS Tufting Machine and GANTRY Tufting Machine), End-use Industry (Carpets, Rugs, and Artificial Grass), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022-2030

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Author : Raksha Sharma
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Fact-checked by : Vineet Pandey
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Editor : Rucha Phatak

Upcoming | Report ID :CM-5199 | 4.8 Rating | 80 Reviews | 209 Pages | Format : PDF Excel PPT

Report Description


Commercial Tufting Machine Market Outlook

The global tufting machine market size was valued at USD 101.4 Million in 2021 and is expected to reach USD 132.7 Million in 2030, expanding at a CAGR of 3.1% during the forecast period. A tufting machine is a huge sewing machine that is typically twelve feet wide and has hundreds of needles for sewing loops of yarn into the carpet's main backing. One tube of yarn is fed through each needle from a creel and threaded through the yarn.

The tufting machine is configured to produce cut piles, cut and loop pile structures, level loops, and multi-level loops. Tufting machines can be customized to meet specific production needs, allowing manufacturers to create unique products. These machines are built to withstand the rigors of continuous operations, ensuring long-lasting performance.

Commercial Tufting Machine Market Market Outlook

Commercial Tufting Machine Market Dynamics

Rising adoption of artificial grass

Artificial grass turf carpets have a natural appearance and cannot be distinguished from real grass, and have multiple applications. The increased adoption of artificial tufted grass carpets in the residential, commercial, and industrial sectors is a major factor that is driving the commercial tufted machines market. Artificial grass is available in various shapes and sizes, along with surface options and levels (shearing, carving, beveling, recessing, and embossing), which increases its demand in different hospitality sectors.

Artificial turfs find the highest service in contact sports, such as soccer and rugby, driving the tufted machines market held by the regional market. Moreover, market growth is attributed to the introduction of high-quality artificial turf products by players approved by various associations, such as the Federation Internationale de Football Association (FIFA).

Artificial grass carpets are also preferred in kindergartens, as these carpets prevent children from falling and getting hurt while playing. Additionally, they are also often preferred in balconies, offices, homes, terraces, office gardens, and gardens of cafes & restaurants. These factors are helping the market in gaining significant momentum, thereby, boosting the commercial tufting machine market.

Growing demand for sustainable products

Tufting machines play an important role in the production of sustainable products. As consumers are becoming aware of the environmental impact of the products they are using, there is a growing demand for sustainable products that are made with eco-friendly materials and processes. This has led to an increase in the use of recycled materials and natural fibers in the production of carpets and other textile products.

Commercial tufting machines are used to manufacture these sustainable products, as they are able to process a wide range of materials and produce high-quality products at a high pace. Tufted carpet machines can produce carpets from recycled plastic and recycled fibers, in contrast to other carpet manufacturing methods, that meet the demands of environmentally conscious consumers, thus, boosting the commercial tufting machines market.

Government Regulations

Government regulations have a significant impact on the demand for commercial tufting machines, by providing incentives for companies to invest in new machinery, improving product quality and safety standards, and promoting overall industry growth. Several governments impose tariffs or other trade restrictions on imported goods to protect domestic industries.

Governments of various countries are imposing tariffs on imported tufting machines and import duties to make domestically produced machines appealing to buyers, potentially increasing demand. For instance, in India, export duty for tufting machines is levied by the government when the product is exported from India to other countries.

High Initial Investment and Maintenance Costs

A high initial capital requirement is required to manufacture commercial tufting machines. The high cost of installation often requires significant investments, infrastructure, and equipment. Furthermore, the operation of these machines also skilled labor.

Additionally, the replacement parts are costly, and downtime for maintenance has an impact on production rates, increasing operational costs. These factors are restricting the commercial machines market, especially the SMEs that often lack the financial resources to invest in expensive equipment and regular maintenance costs.

Limited Flexibility

Commercial tufting machines are designed to produce a specific type of carpet or rug with a specific pile height and density. Changing these parameters requires significant adjustments to the machines, which is time-consuming and costly. This means that they may not be suitable for producing other types of products.

While tufting machines can produce a wide range of designs and patterns, they may not offer the same level of customization as other manufacturing methods. This is anticipated to limit their appeal to certain customers. Furthermore, other manufacturing methods, such as weaving or printing, may be better suited as the machines for these methods can be easily adjusted to create a broader range of products.

Technological Advancements

The adoption of automation and Industry 4.0 technologies are expected to create demand for more advanced tufting machines that operate at higher speeds and with greater precision while reducing labor costs. Opportunities related to automation in the tufting machine market include integration with other automated processes.

Manufacturers are looking for tufting machines that could be integrated with other automated processes such as material handling, cutting, and packaging, to streamline production and reduce downtime. Artificial Intelligence (AI) and Machine Learning (ML) technologies are being integrated into tufting machines to enable predictive maintenance, optimize production processes, and improve product quality.

Additionally, robotics technology is being used in tufting machines to automate repetitive tasks such as loading and unloading materials and to increase efficiency and accuracy. IoT sensors are being integrated into tufting machines to collect data on machine performance, product quality, and production processes, enabling manufacturers to identify areas for improvement and optimize their operations. These factors are expected to create lucrative opportunities for market expansion during the forecast period.

Commercial Tufting Machine Market Dynamics

Scope of Commercial Tufting Machine Market Report

The report on the global commercial tufting machine market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Commercial Tufting Machine Market – Global Industry Analysis, Size, Volume, Share, Growth, Trends, and Forecast

Base Year

2021

Historic Data

2015-2020

Forecast Period

2022–2030

Segmentation

Machine (PACAS Tufting Machine, GANTRY Tufting Machine), End-use Industry (Carpets, Rugs, and Artificial Grass)

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

Card-Monroe Corporation, Changzhou MTC Industry& Tech Co., Ltd, Tuftco Corporation, Yamaguchi Sangyo, PROTECHNA Herbst GmbH & Co. KG, Weihai Tesite Machinery Manufacturing Co., Ltd, and Changzhou Wuding Carpet Machinery Co., Ltd.

Commercial Tufting Machine Market Segment Insights

The global commercial tufting machine market is segmented on the basis of machine, end-use industry, and regions.

In terms of machine, the commercial tufting machine market is segmented into PACAS Tufting Machine and GANTRY Tufting Machine. The PACAS Tufting Machine segment is projected to hold a substantial share of the market in 2021, owing to the safeguarding system of the machine.

Commercial Tufting Machine Market Machine

Based on the end-use industry, the commercial tufting machine market is segmented into Carpets, Rugs, and Artificial Grass. The Carpets segment is projected to hold a substantial share of the market in 2021, owing to their superior insulation properties and wide usage in both residential and commercial sectors.

Commercial Tufting Machine Market End Use Industry

Commercial Tufting Machine Market Regional Analysis

Based on regions, the commercial tufting machine market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in the Asia Pacific is projected to expand at a significant CAGR during the forecast period.

The market in Asia Pacific is projected to expand at a significant CAGR during the forecast period. The region is expected to continue its dominance in the coming years, owing to the increasing investments by the tufting machines company for the installation of plants.

Commercial Tufting Machine Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the global commercial tufting machine market
  • Historical, Current, and Projected Market Size in terms of Value and Volume
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Commercial Tufting Machine Market Performance

Segments

Machine

  • PACAS Tufting Machine
  • GANTRY Tufting Machine

End-use Industry

  • Carpets
  • Rugs
  • Artificial Grass

Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Market Players Profiled in the Report

Competitive Landscape

Top players in the market include Card-Monroe Corporation, Changzhou MTC Industry& Tech Co.,Ltd, Tuftco Corporation, Yamaguchi Sangyo, PROTECHNA Herbst GmbH & Co. KG, Weihai Tesite Machinery Manufacturing Co., Ltd, and Changzhou Wuding Carpet Machinery Co., Ltd.These companies are considered key manufacturers of the commercial tufting machine market based on their revenue, product offerings, regional presence, and supply chain management system. The players are adopting key strategies such as acquisition, collaborations, and geographical expansion which the potential opportunity for the Commercial tufting machine market.

Commercial Tufting Machine Market Key Players

Frequently Asked Questions

Additional company profiles can be provided on request For a discussion related to above findings, click Speak to Analyst

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The rising adoption of artificial grass, growing demand for sustainable products, and government regulations are expected to drive market growth during the forecast period.

According to this Up Market Report, the global commercial tufting machine market is likely to register a CAGR of 3.1% during the forecast period 2022-2030, with an anticipated valuation of USD 132.7 Million by the end of 2030.

The major applications of Commercial tufting machines are carpets, rugs, and artificial grass.

Factors such as Economic growth, Population growth, Technological Advancements, and Trade Policies are analyzed in the final report.

Major Manufacturers are Card-Monroe Corporation, Tuftco Corporation, Changzhou Wuding Carpet Machinery Co., Ltd, Changzhou MTC Industry& Tech Co.,Ltd, and COBBLE.

The market is expected to witness a negative effect on growth between 2019 and 2020 owing to the COVID-19 pandemic on commercial tufting machine market.

In addition to market size (in US$ Million), Global Commercial Tufting Machine Market installed base (units) by region and by machine is provided.

The base year considered for the global commercial tufting machine market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015 to 2020 are the historic years, and the forecast is provided from 2022 to 2030.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Tufting Machine Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Commercial Tufting Machine Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Commercial Tufting Machine Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Commercial Tufting Machine Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Commercial Tufting Machine Market Size & Forecast, 2016-2031
      4.5.1 Commercial Tufting Machine Market Size and Y-o-Y Growth
      4.5.2 Commercial Tufting Machine Market Absolute $ Opportunity
Chapter 5 Global Commercial Tufting Machine Market Analysis and Forecast By Machine
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Machine
      5.1.2 Basis Point Share (BPS) Analysis By Machine
      5.1.3 Absolute $ Opportunity Assessment By Machine
   5.2 Commercial Tufting Machine Market Size Forecast By Machine
      5.2.1 PACAS Tufting Machine
      5.2.2 GANTRY Tufting Machine
   5.3 Market Attractiveness Analysis By Machine
Chapter 6 Global Commercial Tufting Machine Market Analysis and Forecast By End-use Industry
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By End-use Industry
      6.1.2 Basis Point Share (BPS) Analysis By End-use Industry
      6.1.3 Absolute $ Opportunity Assessment By End-use Industry
   6.2 Commercial Tufting Machine Market Size Forecast By End-use Industry
      6.2.1 Carpets
      6.2.2 Rugs
      6.2.3 Artificial Grass
   6.3 Market Attractiveness Analysis By End-use Industry
Chapter 7 Global Commercial Tufting Machine Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Commercial Tufting Machine Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Commercial Tufting Machine Analysis and Forecast
   9.1 Introduction
   9.2 North America Commercial Tufting Machine Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Commercial Tufting Machine Market Size Forecast By Machine
      9.6.1 PACAS Tufting Machine
      9.6.2 GANTRY Tufting Machine
   9.7 Basis Point Share (BPS) Analysis By Machine
   9.8 Absolute $ Opportunity Assessment By Machine
   9.9 Market Attractiveness Analysis By Machine
   9.10 North America Commercial Tufting Machine Market Size Forecast By End-use Industry
      9.10.1 Carpets
      9.10.2 Rugs
      9.10.3 Artificial Grass
   9.11 Basis Point Share (BPS) Analysis By End-use Industry
   9.12 Absolute $ Opportunity Assessment By End-use Industry
   9.13 Market Attractiveness Analysis By End-use Industry
Chapter 10 Europe Commercial Tufting Machine Analysis and Forecast
   10.1 Introduction
   10.2 Europe Commercial Tufting Machine Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Commercial Tufting Machine Market Size Forecast By Machine
      10.6.1 PACAS Tufting Machine
      10.6.2 GANTRY Tufting Machine
   10.7 Basis Point Share (BPS) Analysis By Machine
   10.8 Absolute $ Opportunity Assessment By Machine
   10.9 Market Attractiveness Analysis By Machine
   10.10 Europe Commercial Tufting Machine Market Size Forecast By End-use Industry
      10.10.1 Carpets
      10.10.2 Rugs
      10.10.3 Artificial Grass
   10.11 Basis Point Share (BPS) Analysis By End-use Industry
   10.12 Absolute $ Opportunity Assessment By End-use Industry
   10.13 Market Attractiveness Analysis By End-use Industry
Chapter 11 Asia Pacific Commercial Tufting Machine Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Commercial Tufting Machine Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Commercial Tufting Machine Market Size Forecast By Machine
      11.6.1 PACAS Tufting Machine
      11.6.2 GANTRY Tufting Machine
   11.7 Basis Point Share (BPS) Analysis By Machine
   11.8 Absolute $ Opportunity Assessment By Machine
   11.9 Market Attractiveness Analysis By Machine
   11.10 Asia Pacific Commercial Tufting Machine Market Size Forecast By End-use Industry
      11.10.1 Carpets
      11.10.2 Rugs
      11.10.3 Artificial Grass
   11.11 Basis Point Share (BPS) Analysis By End-use Industry
   11.12 Absolute $ Opportunity Assessment By End-use Industry
   11.13 Market Attractiveness Analysis By End-use Industry
Chapter 12 Latin America Commercial Tufting Machine Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Commercial Tufting Machine Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Commercial Tufting Machine Market Size Forecast By Machine
      12.6.1 PACAS Tufting Machine
      12.6.2 GANTRY Tufting Machine
   12.7 Basis Point Share (BPS) Analysis By Machine
   12.8 Absolute $ Opportunity Assessment By Machine
   12.9 Market Attractiveness Analysis By Machine
   12.10 Latin America Commercial Tufting Machine Market Size Forecast By End-use Industry
      12.10.1 Carpets
      12.10.2 Rugs
      12.10.3 Artificial Grass
   12.11 Basis Point Share (BPS) Analysis By End-use Industry
   12.12 Absolute $ Opportunity Assessment By End-use Industry
   12.13 Market Attractiveness Analysis By End-use Industry
Chapter 13 Middle East & Africa (MEA) Commercial Tufting Machine Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Commercial Tufting Machine Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Commercial Tufting Machine Market Size Forecast By Machine
      13.6.1 PACAS Tufting Machine
      13.6.2 GANTRY Tufting Machine
   13.7 Basis Point Share (BPS) Analysis By Machine
   13.8 Absolute $ Opportunity Assessment By Machine
   13.9 Market Attractiveness Analysis By Machine
   13.10 Middle East & Africa (MEA) Commercial Tufting Machine Market Size Forecast By End-use Industry
      13.10.1 Carpets
      13.10.2 Rugs
      13.10.3 Artificial Grass
   13.11 Basis Point Share (BPS) Analysis By End-use Industry
   13.12 Absolute $ Opportunity Assessment By End-use Industry
   13.13 Market Attractiveness Analysis By End-use Industry
Chapter 14 Competition Landscape
   14.1 Commercial Tufting Machine Market: Competitive Dashboard
   14.2 Global Commercial Tufting Machine Market: Market Share Analysis, 2022
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Card-Monroe Corporation
      14.3.2 Changzhou MTC Industry& Tech Co.,Ltd
      14.3.3 Tuftco Corporation
      14.3.4 Yamaguchi Sangyo
      14.3.5 PROTECHNA Herbst GmbH & Co. KG
      14.3.6 Weihai Tesite Machinery Manufacturing Co., Ltd
      14.3.7 Changzhou Wuding Carpet Machinery Co., Ltd

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