What is Global Air Jet Loom Market?
The Global Air Jet Loom Market is a sector that focuses on the production and distribution of air jet looms, which are a type of weaving machine used in the textile industry. These machines use air to weave yarn into fabric, making the process faster and more efficient. The market is global in nature, meaning it involves companies and consumers from all around the world. In 2022, the market was valued at US$ 883.8 million, indicating a significant amount of economic activity. The market is expected to grow in the coming years, with projections suggesting it could reach a value of US$ 1369.2 million by 2029. This growth is expected to occur at a compound annual growth rate (CAGR) of 6.0% between 2023 and 2029. The Asia-Pacific region is a major player in this market, accounting for 92% of sales in 2019. However, other regions also contribute to the market and may see growth in the future.
Reed Space Below 250cm, Reed Space Above 250cm in the Global Air Jet Loom Market:
The Global Air Jet Loom Market is divided into two segments based on reed space: those with a reed space below 250cm and those with a reed space above 250cm. Reed space refers to the width of the fabric that can be woven on the loom. Looms with a smaller reed space are typically used for weaving narrower fabrics, while those with a larger reed space are used for wider fabrics. The choice between the two depends on the specific needs of the textile manufacturer. Both segments are important to the overall market, contributing to its diversity and flexibility. However, there is currently no data available on the specific market shares or growth rates of these two segments.
Natural Fibers Industry, Chemical Fiber Industry in the Global Air Jet Loom Market:
The Global Air Jet Loom Market plays a crucial role in both the natural fibers industry and the chemical fiber industry. In the natural fibers industry, air jet looms are used to weave fabrics from fibers such as cotton, wool, and silk. These fabrics are prized for their comfort, breathability, and sustainability. In the chemical fiber industry, air jet looms are used to weave fabrics from synthetic fibers like polyester and nylon. These fabrics are known for their durability, versatility, and cost-effectiveness. Both industries rely on the Global Air Jet Loom Market for their production needs, making it a key component of the global textile industry.
Global Air Jet Loom Market Outlook:
The future of the Global Air Jet Loom Market looks promising, with a projected growth rate of 6.0% from 2023 to 2029. This growth is expected to be driven by increasing demand for both natural and synthetic fabrics, as well as technological advancements in air jet loom design and operation. The market's value, which stood at US$ 883.8 million in 2022, is anticipated to reach US$ 1369.2 million by 2029. The Asia-Pacific region, which accounted for 92% of the market's sales in 2019, is expected to continue its dominance in the coming years. However, other regions may also see growth, contributing to the global nature of the market.
| Report Metric | Details |
| Report Name | Air Jet Loom Market |
| Accounted market size in 2023 | US$ 965.2 million |
| Forecasted market size in 2029 | US$ 1369.2 million |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Toyota Motor Corporation, Picanol, Tsudakoma, Dornier, Itema Group, Tianyi Red Flag, RIFA, Jingwei Textile Machinery, Haijia Machinery, Huasense, KINGTEX, SPR, Yiinchuen Machine |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
