DUBLIN--(BUSINESS WIRE )--The "Textile Machinery - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Textile Machinery Market to Reach 10.9 Million Units by 2027

The global market for Textile Machinery estimated at 5.9 Million Units in the year 2020, is projected to reach a revised size of 10.9 Million Units by 2027, growing at a CAGR of 9.1% over the analysis period 2020-2027.

Spinning Machines, one of the segments analyzed in the report, is projected to record a 7.6% CAGR and reach 8.8 Million Units by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Texturizing Machines segment is readjusted to a revised 18.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at 35.9 Thousand Units, While China is Forecast to Grow at 9% CAGR

Textile Machinery market in the U.S. is estimated at 35.9 Thousand Units in the year 2020. China is forecast to reach a projected market size of 5.9 Million Units by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Europe, each forecast to grow at 6.6% and 8% respectively over the 2020-2027 period.

2. FOCUS ON SELECT PLAYERS (Total 193 Featured)

For more information about this report visit https://www.researchandmarkets.com/r/ul1lxn

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900