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The textile manufacturing market size is forecast to increase by USD 346.05 billion at a CAGR of 4.52% between 2023 and 2028. The industry is undergoing substantial expansion due to several pivotal trends and factors. One of these trends is the escalating need for textiles in the apparel sector, as manufacturers remain committed to employing eco-friendly materials. Textile production encompasses the transformation of fibers into fabric via processes such as spinning, weaving, knitting and crochet, dyeing, printing, finishing, and other stages. Another influential factor is the implementation of automation in textile machinery, which heightens production efficiency and decreases labor expenses. However, the substantial upfront investment needed to install advanced textile machinery poses a hurdle for small and medium-sized enterprises (SMEs) aiming to enter or broaden their presence in the market. Nevertheless, the long-term advantages of automation and the escalating demand for textiles across various industries warrant this investment for manufacturers.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Additional Value/Volume Data
6 Five Forces Analysis
7 Market Segmentation by Type
8 Market Segmentation by Application
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Trends
12 Vendor Landscape
13 Vendor Analysis
14 Appendix
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