Shuttleless Loom Market Size, Industry Trends Report | 2030
Shuttleless Loom Market Size, Industry Trends Report | 2030
Segments - Global Shuttleless Loom Market by Types (Rapier, Air Jet loom, Water Jet loom, and Gripper/Projectile loom), Applications (Natural Fibers Industry and Synthetic Fiber Industry), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
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Report Description
Shuttleless Loom Market Outlook:
The Global Shuttleless loom market was valued at USD 3,250.8 Mn in 2020 and is projected to reach a market value of USD 4,087.8 Mn by 2028 expanding at a CAGR of 3.1%. In terms of volume, the global shuttleless loom market was 1,41,732.4 units in 2020 and is projected to reach a market volume of 1,69,636.9 units by 2028.
A shuttleless loom is used for weaving fabrics at a high production rate than conventional looms and use diverse methods of weft insertion. High demand for apparels is one of the main factors contributing to this market during the forecast period.
Shuttleless Loom Market Market Dynamics
Shuttleless looms have certain advantages associated with them such as a fast production rate, reduction of costs, easy operation and handling, less noise, big flanges, low accident percentage, easy maintenance, reduction of workload on workers, and highly suitable for high scale production.
These benefits associated with shuttleless looms are expected to propel the market during the forecast period, 2021-2028.
Cotton is one of the most widely used natural fibers in textiles across the globe. The fiber represents the primary source of revenue for more than a billion people. It accounted for roughly one-third of the total fibers produced worldwide according to International Institute for Sustainable Development. This high demand for cotton is expected to boost the global shuttleless loom market during the forecast period.
Synthetic fibers such as nylon and polyester among others, contribute heavily to microplastic pollution in the environment. These fibers aren’t biodegradable, lead to industrial water pollution, and emit nitrous oxide. Currently, there is a strong emphasis on preventing catastrophes that occur as a result of environmental damage.
More than 195 countries came together in an effort to tackle this situation under the Paris Agreement of 2015. This has reduced the demand for synthetic fibers and is expected to act as a restraining factor of the global shuttleless loom market.
As of 2018, according to the International Textile Manufacturers Federation (ITMF), there were about 2.8 million looms installed across the globe of which a whopping 46% were shuttle looms. Prevalence of shuttleless looms is not as high as it could be, given the several advantages over conventional shuttle looms.
A combination of high costs of shuttleless looms, lack of awareness, and the presence of a deep rooted tradition of using traditional looms in countries such as India and Bangladesh is hampering the growth of the market.
Currently, there is a rising trend of online shopping. Presence of online behemoths such as Amazon and Walmart among several others along with factors such as increasing access to internet, easy interface, online payment options, increasing awareness about online shopping, growing global population, rising disposable income, and increasing development & urbanization are anticipated to act as opportunities for the global shuttleless loom market during the forecast period.
Due to the extreme importance of shuttleless loom in the textile industry, the governments of several countries proposed a variety of steps to improve it. Textile Workers Rehabilitation Fund Scheme (TWRFS), Technology Upgradation Fund Scheme (TUFS), and Pradhan Mantri Credit Scheme for Powerloom Weavers are a few schemes by the government of India to support the shuttleless loom market in the country.
Several small countries such as Bangladesh, Turkey, Sri Lanka, Pakistan, and others took advantage of their duty-free access to huge markets by dramatically growing their textile and clothing exports. Bangladesh is one such country that successfully utilized its 2001 trade agreement with the EU. This is expected to drive the market in the coming years.
Shuttleless Loom Market Segmental Outlook
By Types
In terms of types, the global shuttleless loom market is segmented into rapier, air jet loom, water jet loom, and gripper/projectile loom. The air jet loom segment held a significant share of the global shuttleless loom market and this trend is expected continue during the forecast period, due to its high popularity among customers.
The rapier segment held a substantial share of the market and is anticipated to account for a considerable share of the market during the forecast period due to the positive features associated with rapier looms.
By Applications
In terms of applications, the global shuttleless loom market is classified into natural fiber industry and synthetic fiber industry. The synthetic fiber industry accounted for a key share of the market in 2020 and is projected to hold a sizeable share of the market during the forecast period, owing to the benefits associated with synthetic fibers.
Shuttleless Loom Market Region Wise Outlook
Based on regions, the global shuttleless loom market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific held a key share of the market in 2020 and this trend is anticipated to perist during the forecast period.
In terms of value, the region constituted 72.7% share of the global market in 2020. Asia Pacific held such a large share of the market, due to the presence of textile manufacturing & exporting hubs such as China and India.
Key Benefits for Industry Participants & Stakeholders
- In-Depth Analysis of shuttleless loom market.
- Forecastal, Current and Projected Market Size in Terms of Value.
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers and Restraints Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on shuttleless loom Market Performance
Segments
By Types
- Rapier
- Air Jet Loom
- Water Jet Loom
- Gripper/Projectile Loom
By Applications
- Natural Fibers Industry
- Synthetic Fibers Industry
By Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Key Market Players Profiled in the Report
- Itema S.p.A.
- JINGWEI Textile Machinery Co.,Ltd
- Lindauer DORNIER GmbH
- Picanol Group
- Premier Looms Manufacturers Pvt. Ltd.
- Qingdao Haijia Machinery Co., Ltd.
- Qingdao Lenado Intelligent Equipment Co., Ltd.
- Santex Rimar Group S.r.l.
- Shandong Rifa Textile Machinery Co., Ltd.
- Shandong Tongda Textile Machinery (group) Co.,Ltd.
- Suzhou Huayi Machinery Co., Ltd.
- Toyota Industries Corporation
- Tsudakoma Corp.
- Zhejiang Yinchun Machinery Co., Ltd
Competitive Landscape
Key players in the global shuttleless loom market include Picanol Group, Itema S.p.A., Toyota Industries Corporation, JINGWEI Textile Machinery Co.,Ltd, and Lindauer DORNIER GmbH. These companies are considered as key producers of shuttleless looms based on their revenue, research & development (R&D) activities, regional presence, and supply chain management system.
Frequently Asked Questions
Major Manufactures include Picanol Group, Itema S.p.A., Toyota Industries Corporation, JINGWEI Textile Machinery Co.,Ltd, and Lindauer DORNIER GmbH.
The base year considered for the Shuttleless loom market report is 2020. The complete analysis period is 2016 to 2030, wherein, the timeframe 2016-2019 refers to the historic year, and the forecast is provided from 2021 to 2030.
The market witnessed a decline with slow increase in terms of demand during 2019-2020 owing to the negative impact of COVID-19 pandemic on the shuttleless loom market.
The demand for Shuttleless loom is mainly driven from demand from the textile industry.
The Shuttleless loom market is expected to hold a significant share of the market during the forecast period due to the several advantages of shuttleless looms over conventional looms.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
In addition to market size (in USD Million) and Company Market Share (in % for base year 2019), other data such Macro-economic factors, COVID-19 Impact on the Shuttleless loom market is available in final report.
According to Growth Market Reports, the Shuttleless loom market is likely to register a CAGR of 9.8% during period 2021-2028, with an anticipated valuation of USD 1,06,418.3 thousand by the end of 2027.
Additional company profiles can be provided on request.
Table Of Content
Chapter 1 Executive SummaryChapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Shuttleless Loom 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 Shuttleless Loom Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shuttleless Loom 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 Shuttleless Loom 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 Shuttleless Loom Market Size & Forecast, 2016-2028
4.5.1 Shuttleless Loom Market Size and Y-o-Y Growth
4.5.2 Shuttleless Loom Market Absolute $ Opportunity
4.6 Global Shuttleless Loom Market: Impact Of Key Regulations
4.7 Global Textile Market - Overview
Chapter 5 Global Shuttleless Loom Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Shuttleless Loom Market Size & Volume Forecast By Type
5.2.1 Rapier
5.2.1.1 SingleType
5.2.1.2 Double Type
5.2.2 Air Jet Loom
5.2.3 Water Jet Loom
5.2.4 Gripper/Projectile Loom
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Shuttleless Loom Market Analysis and Forecast By Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Applications
6.1.2 Basis Point Share (BPS) Analysis By Applications
6.1.3 Absolute $ Opportunity Assessment By Applications
6.2 Shuttleless Loom Market Size & Volume Forecast By Applications
6.2.1 Natural Fibers Industry
6.2.2 Chemical Fiber Industry
6.3 Market Attractiveness Analysis By Applications
Chapter 7 Global Shuttleless Loom 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 Shuttleless Loom Market Size & Volume 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 Shuttleless Loom Analysis and Forecast
9.1 Introduction
9.2 North America Shuttleless Loom Market Size & Volume Forecast by Country
9.2.1 U.S.
9.2.1.1 By Type
9.2.1.2 By Applications
9.2.2 Canada
9.2.2.1 By Type
9.2.2.2 By Applications
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 Shuttleless Loom Market Size & Volume Forecast By Type
9.6.1 Rapier
9.6.1.1 SingleType
9.6.1.2 Double Type
9.6.2 Air Jet Loom
9.6.3 Water Jet Loom
9.6.4 Gripper/Projectile Loom
9.7 Basis Point Share (BPS) Analysis By Type
9.8 Absolute $ Opportunity Assessment By Type
9.9 Market Attractiveness Analysis By Type
9.10 North America Shuttleless Loom Market Size & Volume Forecast By Applications
9.10.1 Natural Fibers Industry
9.10.2 Chemical Fiber Industry
9.11 Basis Point Share (BPS) Analysis By Applications
9.12 Absolute $ Opportunity Assessment By Applications
9.13 Market Attractiveness Analysis By Applications
Chapter 10 Europe Shuttleless Loom Analysis and Forecast
10.1 Introduction
10.2 Europe Shuttleless Loom Market Size & Volume Forecast by Country
10.2.1 Germany
10.2.1.1 By Type
10.2.1.2 By Applications
10.2.2 France
10.2.2.1 By Type
10.2.2.2 By Applications
10.2.3 Italy
10.2.3.1 By Type
10.2.3.2 By Applications
10.2.4 U.K.
10.2.4.1 By Type
10.2.4.2 By Applications
10.2.5 Spain
10.2.5.1 By Type
10.2.5.2 By Applications
10.2.6 Russia
10.2.6.1 By Type
10.2.6.2 By Applications
10.2.7 Rest of Europe
10.2.7.1 By Type
10.2.7.2 By Applications
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 Shuttleless Loom Market Size & Volume Forecast By Type
10.6.1 Rapier
10.6.1.1 SingleType
10.6.1.2 Double Type
10.6.2 Air Jet Loom
10.6.3 Water Jet Loom
10.6.4 Gripper/Projectile Loom
10.7 Basis Point Share (BPS) Analysis By Type
10.8 Absolute $ Opportunity Assessment By Type
10.9 Market Attractiveness Analysis By Type
10.10 Europe Shuttleless Loom Market Size & Volume Forecast By Applications
10.10.1 Natural Fibers Industry
10.10.2 Chemical Fiber Industry
10.11 Basis Point Share (BPS) Analysis By Applications
10.12 Absolute $ Opportunity Assessment By Applications
10.13 Market Attractiveness Analysis By Applications
Chapter 11 Asia Pacific Shuttleless Loom Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Shuttleless Loom Market Size & Volume Forecast by Country
11.2.1 China
11.2.1.1 By Type
11.2.1.2 By Applications
11.2.2 Japan
11.2.2.1 By Type
11.2.2.2 By Applications
11.2.3 South Korea
11.2.3.1 By Type
11.2.3.2 By Applications
11.2.4 India
11.2.4.1 By Type
11.2.4.2 By Applications
11.2.5 Australia
11.2.5.1 By Type
11.2.5.2 By Applications
11.2.6 South East Asia (SEA)
11.2.6.1 By Type
11.2.6.2 By Applications
11.2.7 Rest of Asia Pacific (APAC)
11.2.7.1 By Type
11.2.7.2 By Applications
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 Shuttleless Loom Market Size & Volume Forecast By Type
11.6.1 Rapier
11.6.1.1 SingleType
11.6.1.2 Double Type
11.6.2 Air Jet Loom
11.6.3 Water Jet Loom
11.6.4 Gripper/Projectile Loom
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 Asia Pacific Shuttleless Loom Market Size & Volume Forecast By Applications
11.10.1 Natural Fibers Industry
11.10.2 Chemical Fiber Industry
11.11 Basis Point Share (BPS) Analysis By Applications
11.12 Absolute $ Opportunity Assessment By Applications
11.13 Market Attractiveness Analysis By Applications
Chapter 12 Latin America Shuttleless Loom Analysis and Forecast
12.1 Introduction
12.2 Latin America Shuttleless Loom Market Size & Volume Forecast by Country
12.2.1 Brazil
12.2.1.1 By Type
12.2.1.2 By Applications
12.2.2 Mexico
12.2.2.1 By Type
12.2.2.2 By Applications
12.2.3 Rest of Latin America (LATAM)
12.2.3.1 By Type
12.2.3.2 By Applications
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 Shuttleless Loom Market Size & Volume Forecast By Type
12.6.1 Rapier
12.6.1.1 SingleType
12.6.1.2 Double Type
12.6.2 Air Jet Loom
12.6.3 Water Jet Loom
12.6.4 Gripper/Projectile Loom
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Latin America Shuttleless Loom Market Size & Volume Forecast By Applications
12.10.1 Natural Fibers Industry
12.10.2 Chemical Fiber Industry
12.11 Basis Point Share (BPS) Analysis By Applications
12.12 Absolute $ Opportunity Assessment By Applications
12.13 Market Attractiveness Analysis By Applications
Chapter 13 Middle East & Africa (MEA) Shuttleless Loom Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Shuttleless Loom Market Size & Volume Forecast by Country
13.2.1 Saudi Arabia
13.2.1.1 By Type
13.2.1.2 By Applications
13.2.2 South Africa
13.2.2.1 By Type
13.2.2.2 By Applications
13.2.3 UAE
13.2.3.1 By Type
13.2.3.2 By Applications
13.2.4 Rest of Middle East & Africa (MEA)
13.2.4.1 By Type
13.2.4.2 By Applications
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) Shuttleless Loom Market Size & Volume Forecast By Type
13.6.1 Rapier
13.6.1.1 SingleType
13.6.1.2 Double Type
13.6.2 Air Jet Loom
13.6.3 Water Jet Loom
13.6.4 Gripper/Projectile Loom
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Middle East & Africa (MEA) Shuttleless Loom Market Size & Volume Forecast By Applications
13.10.1 Natural Fibers Industry
13.10.2 Chemical Fiber Industry
13.11 Basis Point Share (BPS) Analysis By Applications
13.12 Absolute $ Opportunity Assessment By Applications
13.13 Market Attractiveness Analysis By Applications
Chapter 14 Competition Landscape
14.1 Shuttleless Loom Market: Competitive Dashboard
14.2 Global Shuttleless Loom Market: Market Share Analysis, 2020
14.3 Company Profiles (Details - Overview, Financials, Developments, Strategy)
14.3.1 Picanol Group
14.3.2 Itema S.p.A.
14.3.3 Toyota Industries Corporation
14.3.4 JINGWEI Textile Machinery Co.,Ltd
14.3.5 Lindauer DORNIER GmbH
14.3.6 Tsudakoma Corp.
14.3.7 Premier Looms Manufacturers Pvt. Ltd.
14.3.8 Santex Rimar Group S.r.l.
14.3.9 Qingdao Haijia Machinery Co., Ltd.
14.3.10 Suzhou Huayi Machinery Co., Ltd.
14.3.11 AMAR JACQUARD
14.3.12 Zhejiang Yinchun Machinery Co., Ltd
14.3.13 Shandong Tongda Textile Machinery (group) Co.,Ltd.
14.3.14 Qingdao Lenado Intelligent Equipment Co., Ltd.
14.3.15 Shandong Rifa Textile Machinery Co., Ltd.
Methodology
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