Textile Machinery Market Size to Decrease During 2020-2024 | Technavio | Business Wire

2022-10-16 19:20:05 By : Ms. Sarah Lin

Technavio has announced its latest market research report titled Global Textile Machinery Market 2020-2024 (Graphic: Business Wire).

Technavio has announced its latest market research report titled Global Textile Machinery Market 2020-2024 (Graphic: Business Wire).

LONDON--(BUSINESS WIRE )--The new textile machinery market research report from Technavio indicates negative growth in the short term as the business impact of COVID-19 spreads.

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"One of the primary growth drivers for this market is the rising demand for non-woven fabrics”, says a senior analyst for the Industrials industry at Technavio. As the markets recover Technavio expects the textile machinery market size to reduce by 1.25 million units during the period 2020-2024.

Textile Machinery Market Segment Highlights for 2020

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/

The Textile Machinery Market will grow by 1.25 mn units during 2020-2024

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/