The global Loom market was valued at 3874.78 Million USD in 2021 and will grow with a CAGR of 6.47% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Loom is machine or device which is used to produce woven fabric. It is the central point of whole process of cloth production.Picanol was the greatest manufacturer in the loom industry ,with the reveune market share of 14%, followed by Itema Group, Van de Wiele, Dornier, RIFA, Tsudakoma, Toyota, Jingwei Textile Machinery, Haijia Machinery, Tianyi Red Flag, Huasense, Yiinchuen Machine, KINGTEX, Huayi Machinery, Smit, Tongda Group, SPR.Top 5 companies had a combined a market share of 41% of the global total. China was the world‘s biggest consumption and production area in 2018.

By Market Verdors:

Picanol

Itema Group

Van de Wiele

Dornier

RIFA

Tsudakoma

Toyota

Jingwei Textile Machinery

Haijia Machinery

Tianyi Red Flag

Huasense

Yiinchuen Machine

KINGTEX

Huayi Machinery

Smit

Tongda Group

SPR

By Types:

Air Jet Loom

Water Jet Loom

Rapier and Projectile Loom

By Applications:

Natural Fibers Industry

Chemical Fiber Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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