Global Textile Machinery Market to Reach USD 41.2 Billion by 2031...

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2026-06-10 17:04:20 -

Global Textile Machinery Market to Reach USD 41.2 Billion by 2031 as Smart Manufacturing Transforms the Textile Industry

The global textile machinery market is witnessing steady growth as textile manufacturers increasingly invest in automation, digitalization, and advanced production technologies. Valued at US$ 26.2 billion in 2022, the global textile machinery industry is projected to expand at a CAGR of 5.3% from 2023 to 2031 and reach US$ 41.2 billion by the end of 2031. Rising demand for garments, technical...

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