Shuttleless Loom Market Size, Share, Growth, And Industry Analysis, By Type {Rapier (Single and Double Type), Air Jet Loom, Water Jet Loom, Gripper or Projectile Loom}, By Application (Natural Fibers Industry, Chemical Fiber Industry), Regional Forecast To 2031

Updated On: 06 May 2024

Shuttleless Loom Market Report Overview

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global shuttleless loom market size was USD 3127.7 Million in 2021 and market is projected to touch 3926.28 Million by 2031, exhibiting a CAGR of  2.3% during the forecast period.

The shuttleless loom market is a fast growing market with a wide range of products and applications. These looms are textiles machines used to weave fabric with no mechanical shuttles, enabling faster, more efficient manufacturing. With their increasing application, it boosts product quality and reduce production costs. They are fast becoming indispensable for modern textile manufacturers enabling faster production, better quality, and improved sustainability. Furthermore, technological advancements such as cutting-edge software and enhanced sensors are making these looms increasingly popular. As the market continues to grow, shuttleless looms will be a key tool for achieving efficiencies in the textile and clothing industry.

The market is experiencing a surge in demand due to the increasing need for efficient, cost-effective textile production. This technology eliminates the need for traditional shuttles to process yarn, which allows for higher production rates and improved fabric quality. As more manufacturers adopt the advanced technology, the demand for these machines continues to grow. The increasing demand is driven by an optimistic outlook for the global textiles industry, as well as the need for cost-effectiveness in the production process. The market looks to be a profitable venture with its increasing demand, making it an attractive option for businesses seeking to remain competitive in this ever-changing industry.

COVID-19 Impact: Crisis Shakes the Market, Size Reduces Despite Some Manufacturers Experiencing Growth

The global market has been severely affected by the COVID-19 pandemic, as the demand for finished fabrics decreased. This has had a direct impact on the demand for shuttleless looms, resulting in a reduction in price, which had a further decrease in the production of finished garments. The lack of demand in turn led to an overall decrease in the market size of these looms. Despite this, the manufacturers in the market have experienced some growth because they had already established a strong presence in the market before the pandemic, enabling them to withstand the economic fallout of the pandemic. However, many have been forced to push back their plans for expansion until the global economy recovers.

Latest Trends

"The Surge in Popularity of the product Driven by Cutting-Edge Technology and Innovations"

The shuttleless loom market growth has seen a surge in popularity in recent times, driven by advancements in technology and materials. Innovations such as multi-shuttle and water jet looms, as well as computer-aided manufacturing have enabled faster and more efficient production of fabrics. Leading players in the market are launching a range of new products and technologies, including automated looms, improved efficiency, and energy-saving options. Cutting-edge products featuring advanced functionality, efficient automation, and control systems are driving the evolution of the market. Businesses are also using data-driven solutions to optimize performance, increase production, and maximize yield. With more companies entering the market, the industry will likely continue to grow in the coming days.

Shuttleless Loom Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Rapier (Single and Double Type), Air Jet Loom, Water Jet Loom, Gripper, or Projectile Loom.

• By Application Analysis

Based on application, the market can be divided into Natural Fibers Industry, Chemical Fiber Industry.

Driving Factors

"Automation is Driving Increased Efficiency and Quality in Fabric Production"

Automation is the key factor that is propelling the demand for the product in the current market. As these machines offer uninterrupted workflow and help reduce labor costs, manufacturers are increasingly opting for these machines for their production. This has resulted in the increasing popularity of products in the market. Additionally, these looms are known for their high-speed operation, improved efficiency, and accuracy, which offers seamless production output. As a result, it enhances the production rate as well as the quality of fabric production, which further increases the demand for these machines in the market.

"Upgrading of Warehousing and Storage Facilities Drives the Growth of the Market "

Another factor driving the growth of the shuttleless loom market is the upgradation of warehousing and storage facilities. The availability of efficient warehousing and storage solutions enables manufacturers to realize heightened productivity levels while ensuring quick and effortless transportation of their fabrics. The installation of the product has made it easier for manufacturers to store fabrics without the need for any additional space. This has led to improved inventory storage and management as well as streamlined shipment. Moreover, the upgradation of warehouses and storage solutions has also contributed to the increased demand for these in the market.

Restraining Factors

"High Costs of Installation Prevent the Market from Further Expansion of the market"

The shuttleless looms market has been growing due to advances in technology and the demand for efficient, cost-effective textile production. However, despite the market growth, there is still a factor restraining the market from further expansion – the high cost of initial installation.

Shuttleless looms often require costly retrofitting and special installation processes, making them expensive for many businesses. This can make it difficult for many operations to justify the initial expenditure, thus stopping the demand for the technology and ultimately restraining the market's growth.

Ultimately, for the technology to flourish, cheaper and more cost-effective installation processes must be made available. Only then will the market truly realize its full potential and open up more opportunities for those businesses wishing to switch to modern machinery.

Shuttleless Loom Market Regional Insights

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"Fastest Growth Rate and Investment in Innovative Solutions Boosts Regional Reach"

The Asia Pacific region has the majority share in the shuttleless loom market and is expected to show the fastest growth rate. This region is popular for producing quality goods at competitive prices and is gaining traction due to its high technology capabilities. Manufacturers from the region are investing heavily in research and development to launch innovative products, further boosting the market reach. Consumers in Asia Pacific also have unique needs, which is driving the demand for highly customizable solutions, thus acting as a catalyst to the region’s market growth. The region’s leading position is expected to remain strong in the coming years, making it an ideal hub for developing and deploying state-of-the-art of this technology.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Picanol
• Tsudakoma
• Dornier
• Toyota
• RIFA
• Jingwei Textile Machinery
• Haijia Machinery
• Yiinchuen Machine
• Huasense
• SMIT

Report Coverage

This report examines an understanding of the shuttleless loom market size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.