Trade Resources Industry Views To 2017 The Total Global Textile Machinery Market Is Expected to Reach$22.9 Billion

To 2017 The Total Global Textile Machinery Market Is Expected to Reach$22.9 Billion

The survey showed that to 2017 the total global textile machinery market is expected to reach$22.9 billion,the largest proportion of Asian textile manufacturers investing in new equipment.

An institution in May 2012 data show that 90%of global exports of new Spinning Machine,non-woven machines and flat knitting machines enter to Asia,especially the import to Chinese.There is no doubt that Asia remains the world textile and clothing manufacturing center.

Faced with this attractive large market,the world-renowned textile machinery manufacturers in China have set up plants,implementing the localization of production and services.

In recent years,with the accelerated pace of industrial upgrading of China's textile industry,in textile machinery market,the product structure have a huge change.Less the proportion of traditional textile machinery and equipment sales,automated,continuous,high-speed,intelligent large-capacity textile machinery and equipment sales increased significantly.

Gao Yong,vice president and secretary general of China Textile Industry Association pointed out that these devices on the one hand reflects the changes in demand for the product structure adjustment of China's textile industry,industrial upgrading direction.The other hand,the textile industry is currently struggling with the labor costs,raw material costs.

Textile enterprises using high-speed,intelligent and high-capacity Weaving Machine equipment can reduce labor and improve efficiency.The same time,due to the status of the global cotton and other raw materials,taking full advantage of the good fiber to increase the value of the products must have high-end equipment.

The next five to 10 years,this demand trend will become more apparent.China's textile industry needs of the equipment have caused great concern in the global textile industry.

Before and after the 2012 China International textile machine Exhibition ITMA Asia exhibition,a number of top international textile machinery manufacturers launched a series of opening celebration for the new plant,the new headquarters in China,which confirms the importance of the Chinese market,also testified the world textile industrial center will accelerate the pace of the transfer to China.

Textile production and processes are inseparable from the participation of high-tech IT industry.Demand for efficient,energy saving,environmental protection technology is increasingly urgent.From the show can be seen that the Chinese market this year for the processing equipment of industrial textiles.A higher area of the industrial uses of textile equipment this year's show a big attraction.

Although the current economic environment is not satisfactory,but the market attention for textile machinery and equipment investment are relatively high,especially we feel great potential from the show for development of the Chinese textile industry.

Source: http://goarticles.com/article/The-World-Textile-Machinery-Speed-Up-the-Pace-of-Industry-Transfer/7058032/
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The World Textile Machinery Speed up The Pace of Industry Transfer
Topics: Textile , Machinery