Asian Textile Machinery Market Has Great Potential

A recent market survey showed that the total volume of the global textile machinery market is expected to reach US $22 billion 900 million by 2017, and is expected to be made in Asia.

Manufacturers have the largest investment in new equipment.

According to the data of May 2012, 90% new textile machines, shuttle looms and knitting machines imported into Asia, especially imported into China.

There is no doubt that Asia is still the world's textile and garment manufacturing center.

In fact, as early as the last century, in the face of China's attractive market, world famous textile machinery manufacturers such as Oerlikon (Ou Ruikang) (formerly Sura group), Rieter (Li Da), Tr tzschler (Te Luth Le), Uster (Ulster), KarlMayer (Carle Mayer), Santex (Sanderson), JakobM Santex ller (Jo cob Mueller) and other companies have invested and set up factories in China to implement localized production and services.

In recent years, with the acceleration of the industrial upgrading of China's textile industry, the product structure of the textile machinery market has undergone tremendous changes. The proportion of sales of traditional textile machinery equipment is less and less. Automation, continuous, high-speed, intelligent and large capacity textile machinery sales volume has increased significantly.

Gao Yong, vice president and Secretary General of China Textile Industry Federation, pointed out that the changes in demand for these equipment reflect the direction of product structure adjustment and industrial upgrading of China's textile industry on the one hand. On the other hand, it is also an inevitable choice for the textile industry to be trapped in labor costs and raw material costs.

Textile enterprises using high-speed, intelligent and large capacity spinning machine equipment can reduce labor and improve efficiency. At the same time, in view of the current shortage of raw materials such as global cotton, to make full use of fiber and improve the added value of products, it is necessary to use high-grade equipment.

In the next 5~10 years, this demand trend will become more obvious.

The changing demand for equipment in China's textile industry has attracted the attention of the global textile machinery industry.

In the past, the world famous textile machinery manufacturers set up factories in China, the main function is to assemble machine equipment suitable for the Chinese market, design and research and development are rarely carried out in China.

Now, this situation has undergone new changes. Many companies have begun to research and design new products in China, not only for the Chinese market, but also for China's R & D and manufacturing centers, and export to other markets in the world, for example, the new fully automatic synthetic fiber projectile eAFK, which is displayed on ITMA2011 by Ou Ruikang textile, is the first fully developed and manufactured equipment in China.

Around the 2012 China International Textile Machinery Exhibition and ITMA Asian exhibition, many top international textile machinery manufacturers launched the opening ceremony of new factories and new headquarters in China, which further confirms the importance of the Chinese market and indicates that the speed of the shift of the world textile machinery industry to China is accelerating.