What is Global Jacquard Machine Market?
The Global Jacquard Machine Market is a vast and dynamic sector that encompasses a wide range of machinery used in the textile industry. These machines, named after their inventor Joseph Marie Jacquard, are renowned for their ability to create intricate patterns in fabrics. The market for these machines is truly global, with demand stemming from various corners of the world. The Jacquard Machine Market is not just confined to one type of machine but includes different variants such as mechanical Jacquard machines, electronic Jacquard machines, and others. Each type of machine has its unique features and applications, making them suitable for different kinds of textile production. The market's value was pegged at US$ 325 million in 2022, and it is expected to grow significantly in the coming years. However, the exact growth trajectory is subject to various factors such as technological advancements, market demand, and the economic environment.
Single-Sided, Double-Sided in the Global Jacquard Machine Market:
The Global Jacquard Machine Market can be segmented based on the type of machine into Single-Sided and Double-Sided Jacquard machines. Single-Sided Jacquard machines are typically used for producing less complex patterns and are therefore more suitable for smaller-scale operations. On the other hand, Double-Sided Jacquard machines are capable of producing more intricate patterns and are thus preferred by larger textile manufacturers. The Double-Sided segment holds the lion's share in the market, accounting for over 62% of the total market. This dominance can be attributed to the machine's superior capabilities and wider application scope. However, the Single-Sided segment is also expected to witness steady growth, driven by increasing demand from small and medium-sized enterprises.
Clothing, Home Textile, Industrial, Others in the Global Jacquard Machine Market:
The Global Jacquard Machine Market finds application in various areas such as Clothing, Home Textile, Industrial, and Others. The Clothing segment is the largest application area, accounting for over 56% of the total market. This is hardly surprising given the crucial role that Jacquard machines play in the production of patterned fabrics used in clothing. The Home Textile segment also represents a significant portion of the market, with Jacquard machines being used to produce decorative and functional textiles for the home. The Industrial segment, although smaller in comparison, is also an important application area. Here, Jacquard machines are used to produce technical textiles used in various industries. The Others segment includes miscellaneous applications such as art and craft.
Global Jacquard Machine Market Outlook:
The Global Jacquard Machine Market's outlook is quite promising. As of 2022, the market was valued at US$ 325 million. However, it is projected to reach a value of US$ 493.7 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period from 2023 to 2029. This growth can be attributed to various factors such as technological advancements in Jacquard machines, increasing demand for patterned fabrics, and the expansion of the textile industry globally. In terms of product type, the Double-Sided Jacquard Machine segment is the largest, accounting for over 62% of the market. This can be attributed to the machine's superior capabilities and wider application scope. In terms of application, the Clothing segment is the largest, accounting for over 56% of the market. This is hardly surprising given the crucial role that Jacquard machines play in the production of patterned fabrics used in clothing.
| Report Metric | Details |
| Report Name | Jacquard Machine Market |
| Accounted market size in 2022 | US$ 325 in million |
| Forecasted market size in 2029 | US$ 493.7 million |
| CAGR | 5.9% |
| Base Year | 2022 |
| 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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| Consumption by Region |
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| By Company | Pailung, Baiyuan Machine, Mayer & Cie, Terrot, Santoni, Fukuhara, Tayu, Wellknit, Orizio, Hang Xing, Hengyi, Hongji, Taifan, Sanda, Unitex, Nan Sing Machinery, Jiunn Long, Welltex, Fukuhama, Santec |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
