Textile Machinery Market 2024: Asia Determines Dynamics Between Growth and Decline
Zürich, woensdag, 25 juni 2025.
The international textile machinery market in 2024 displayed a fragmented picture, dominated by Asian market developments. Notably, there was a sharp 40% decline in short-staple spindle orders to 5.9 million units, with 90% directed towards Asia. Simultaneously, certain segments showed growth, such as long-staple spindles increasing by 62% and draw-texturing spindles rising by 95%. Water-jet weaving machines experienced a spectacular growth of 56%, while electronic knitting machines increased by 16%. These varied performances underscore the complex and dynamic nature of global textile machinery trade, with regional shifts and technological innovation remaining crucial for future market developments.
Asian Dominance in Textile Machinery Trade
The international textile machinery market in 2024 showed a remarkable fragmented picture, with Asian markets playing a crucial role. Short-staple spindle orders declined dramatically by 60.02 percent to 5.9 million units, with 90% of deliveries targeting Asian markets [1][3]. Notable were the regional differences, particularly in countries like Vietnam and Bangladesh, which showed growth despite the overall downward trend [2].
Growth Segments in Textile Technology
Some market segments did show positive developments. Long-staple spindles rose by 62%, driven by demand from countries like Iran, China, and Vietnam [4]. Draw-texturing spindles demonstrated an impressive growth of 95%, particularly supported by Chinese markets [2]. In the weaving machine sector, water-jet machines showed a spectacular increase of 56%, while electronic knitting machines achieved a growth of 16% [1][3].
Regional Market Dynamics
The Asian region remained dominant in the textile machinery market, with 97% of all shuttle-less loom sales [2]. China positioned itself as the primary destination, with significant investments in various machine categories, including an increase of 30-63% across different technologies [3].