Jacquard Machine Market Size, Share, Growth, and Industry Analysis, By Type (Single-Sided, Double-Sided), By Application (Clothing, Home Textile, Industrial, Others) and Regional Insights and Forecast to 2031

Updated On: 22 April 2024

JACQUARD MACHINE MARKET REPORT OVERVIEW

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The global jacquard machine market size was USD 325 million in 2022 and the market is projected to touch USD 493.7 million by 2029, exhibiting a CAGR of 5.9% during the forecast period.

Jacquard fabric refers to a weaving method in which the warp or weft thread floats on the surface of the fabric or is woven together according to a law. Finished products made using jacquard technology are called jacquard fabrics. Jacquard material is a sort of woven material this is characterized through problematic styles created the use of a unique loom referred to as a Jacquard loom. The Jacquard loom permits for the person manage of every yarn, permitting the advent of tricky designs and styles. Typically, Jacquard material is crafted from a whole lot of fibers like cotton, silk, rayon, or blends, and its miles broadly used with inside the manufacturing of upholstery, curtains, apparel, and domestic textiles.

As individual disposable income and purchasing power increase, more and more customers are switching to high-end furniture, growing the entire industry. One of the key drivers of the demand for luxury interior materials is the increase in disposable income as a result of economic growth. The market is strongly influenced by the demand for high-quality upholstery fabrics used to cover furniture. The amount of fabric used is determined by the type of furniture.

COVID-19 Impact: Covid -19 Halted Product Manufacturing Difficulty Hampering Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The COVID-19 impact is probably felt during the complete fabric sector, consisting of with inside the marketplace for fabric dyes and pigments. The output of fabric producers has come to a quit because of the declaration of lockdowns in crucial fabric-generating countries consisting of China, India, Brazil, and Bangladesh. Moreover, shoppers cancelling orders, suspending fee affirmation dates, and fundamental manufacturers submitting for financial disaster harm garb makers. International logistical boundaries and a damaged earnings move because of clients reducing again on new garb purchases make the trouble much worse.

LATEST TRENDS

"Growing Disposable Profits of Individuals will Drive Market Growth"

The growing disposable profits of individuals, coupled with the growing cognizance and choice for incredible textiles, is anticipated to gas the marketplace’s expansion. Furthermore, technological improvements like automatic Jacquard looms are streamlining the producing system and improving the efficiency, so one can make contributions to marketplace increase. To meet the developing demand, key gamers with inside the fabric enterprise are making an investment in studies and improvement sports to broaden revolutionary merchandise and designs. Additionally, collaborations and partnerships among producers and architects are anticipated to similarly force the marketplace’s increase with the aid of using imparting specific and exceptional designs.

JACQUARD MACHINE MARKET SEGMENTATION

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• By Type

Based on type the global market can be categorized into Single-Sided, Double-Sided. Compared to unmarried cloth, double knit has no floats at the returned and is reversible.

• By Application

Based on application the global market can be categorized into Clothing, Home Textile, Industrial, Others. Jacquard textiles are regularly applied in domestic items and fabric because of their thickness and texture, so this zone keeps the majority of the business. Despite their complex pattern, they're regularly more difficult and broader than many different kinds of weave. Cotton jacquard textiles are utilized in high-quit and conventional applications, however contemporary designers are the usage of a broader variety of fibers, including linen and cotton mixes.

DRIVING FACTORS

"Increasing Desire for Stylish Clothing and Decorative Accessories Drives Market growth"

Consumers' desire for stylish clothing and decorative accessories essentially drives the jacquard machine market growth. In addition, growing trends in home renovation and repair around the world are increasing the demand for luxury furniture and bedding. Favorable import policies and practices of the government to expand the textile industry also contribute to the expansion of the market. According to Organization of Overseas Growth Institute and the national comparative analysis of the development of the textile and clothing industry. As of 2018, majority of the cotton and silk material in Ethiopia was supplied by the German textile business Tchibo. Additionally, expansion of residential and commercial infrastructure such as hotels and restaurants, hospitals, etc., is expected to increase the demand for bed linen. The growing consumer demand for different types of furniture makes consumers also use bed linens to cover furniture.

"Increasing e-trade structures and the developing middle-elegance populace in rising economies Expand the Market"

The rise of e-trade structures and the developing middle-elegance populace in rising economies also are contributing to the jacquard machine market growth. These elements offer a much wider attain and get entry to customers, riding the income of Jacquard material. The growing call for aesthetically attractive and comfort domestic fixtures and textiles is riding the call for Jacquard material. The complicated styles and designs presented through Jacquard material make it a desired preference for high-stop and top class products. Additionally, the developing fashion of customization and personalization with inside the fabric enterprise is predicted to reinforce the call for Jacquard material, because it permits for the introduction of precise and custom designed designs.

RESTRAINING FACTORS

"Complex manufacturing may Impede Market Growth"

One of the maximum worrying and tricky processes is the manufacturing of those jacquard textiles. These approaches use incredibly valued fibers and substances which can be tough to address because of their configuration and intrinsic overall performance specifications. However, common and complete trying out the use of correct and sturdy techniques can increase the existence expectancy of those sorts of sensitive and stylish fabrics. Furthermore, as a result of interruptions in deliver chains, transit limits, and hard work unavailability, the global lockdown enforced at some stage in the COVID-19 pandemic had a good sized effect on the worldwide fabric and garb sector. This has a large effect at the jacquard industry.

JACQUARD MACHINE MARKET REGIONAL INSIGHTS

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"North America to Dominate the Market due to Excessive Prosperity with Inside The Vicinity And People's Choice To Stay Opulent And Stylish Lifestyles"

The North American vicinity is predicted to account for the jacquard machine market share, due to excessive prosperity with inside the vicinity and people's choice to stay opulent and stylish lifestyles. Upholstery and furnishings cloth companies across the location are the use of a whole lot of strategies to hold and recruit clients. Several companies offer layout change and personalization primarily based totally on tastes and needs of the buyer. Although jacquard silk is the maximum stylish and luxurious of all woven textiles, different patterned silks, which include brocades and damasks, also are seemed as wealthy and outstanding materials. These factors are selling the improvement of others class with inside the vicinity. Key competition with inside the luxurious indoors cloth marketplace, substantially in Europe and North America, are centered on strategic tasks which include acquisitions, new series releases, and collaborations to force sales increase and make stronger their marketplace positions.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

The cloth wardrobe market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of wardrobe options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features in cloth wardrobes, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.

List of Market Players Profiled

• Pailung (Taiwan)
• Baiyuan Machine (China)
• Mayer & Cie (Germany)
• Fukuhara (Japan)
• Tayu (China)
• Orizio (Italy)
• Hang Xing (Germany)
• Hengyi (China)
• Hongji (China)
• Taifan (China)
• Unitex (U.K.)
• Nan Sing Machinery (China)
• Jiunn Long (Taiwan)
• Welltex (U.K.)
• Fukuhama (Japan)
• Santec (China)

INDUSTRIAL DEVELOPMENT

September 2023: Santoni Shanghai Knitting Machinery Co., Ltd., made a look at this week’s ITMA Asia + CITME, and says it's far honoured to announce that it has acquired regulatory approval from Chinese government for its proposed acquisition of Terrot GmbH, the main German producer of round knitting machines.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.