[250 Pages Report] Owing to the rapid production of textile materials for manufacturing clothes, the revenue of textile testers is expected to reach US$ 156 Billion in 2032, compared to US$ 126.38 Billion in 2022. The industry is projected to expand at a CAGR of 2.13% during the forecast period from 2022 to 2032.
Report Attributes | Details |
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Expected Base Year Value (2021) | US$ 123.66 Billion |
Projected Market Value (2022) | US$ 126.38 Billion |
Anticipated Forecast Value (2032) | US$ 156 Billion |
Estimated Growth Rate (2022 to 2032) | 2.13% |
The growing requirement for textiles in households is expected to play a significant role in driving the market in the forecast period. With increased disposable income and rising urbanization, the demand for curtains, towels, washing cloth, bed sheets, and other products has increased considerably. These products have propelled the demand for textile testers, which is expected to benefit the market in the forecast period.
The advent of tech-integrated wear that can heat up and cool down in the arena of textiles is likely to present significant opportunities for expansion in the assessment period. Established companies such as Nike and Under Armor are focusing on collaboration with Google parent Alphabet and Microsoft to develop smart clothing technology. Owing to such factors, the demand for the textile tester is anticipated to increase notably in the forecast period.
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The rapid growth of the clothing industry is projected to be the key factor boosting demand for textile testers during the forecast period. The advent of e-commerce has offered growth opportunities to the textile sector by enhancing exposure to textile products, which will benefit the industry in the forthcoming period. Online shopping has gained notable traction across the globe, which has also enhanced the demand for innovative and fashionable clothes. Such factors have made a significant contribution to increasing demand for textile testers among manufacturers.
Also, the emergence of smart textiles, which include optical fibers, conductive polymers, and metals, is being widely used in fashion, sports, and fitness apparel, which has positively influenced the industry. For instance, Cityzen Science’s, t-shirt offers a wide range of functions such as built-in GPS, altimeter, and measures heart rate monitor. Such factors are expected to boost demand for textile testers, thus, benefiting the market in the forecast period.
Additionally, favourable initiatives taken by the government of various countries is another salient factor driving the textile tester market. In February 2021, Paraguay’s Ministry of Industry and Commerce announced that it would invest US$ 1.1 Million in the manufacturing sector. The investment will benefit the textiles, clothing, and footwear sector, and eventually, positively impact the textile tester demand during the forecast period.
Owing to the mismanagement of industrial waste, especially in developing and underdeveloped countries, the government tends to impose stringent rules on textile sectors, which is expected to be the key factor hampering the textile tester industry in the forecast period.
However, with rising demand for sustainable products, the companies are inclining toward eco-friendly methods, thereby paving an opportunistic path which also acts as a significant counter to hampering factors of the textile tester market in the forecast period.
According to the analysis, North America is anticipated to lead the market in the forecast period. The U.S has been identified as the major contributor in expanding the regional market. Domination of the regional market can be attributed to the high standard of living, land of the globally leading clothing brands, and large size of the working-class population. Also, the States is one of the largest producers, top raw material textile importers, and raw cotton exporters. Such factors are anticipated to propel market growth in North America.
Moreover, ongoing innovation in the textile sector is expected to offer remunerative opportunities to the industry. The growing preference for eco-friendly products will present a wide range of lucrative opportunities to the sector.
For instance, DuPont, a US-based player, credited with inventing rayon, Kevlar, and nylon, launched plant-based faux fur for performance fashion apparel, and Eastman’s usage of discarded carpet in the new material, which is likely to offer numerous opportunities to the textile tester market in the forthcoming period. Owing to factors like the aforementioned, the industry is projected to flourish in the region during the assessment tenure.
APAC is anticipated to hold maximum growth opportunities during the forecast period. The growth of the regional market can be attributed to the increasing disposable income and rapid growth of the textile industry. Also, the presence of rapidly evolving economies like India, China, and Japan is expected to play a crucial role in developing the textile sector, thereby increasing demand for textile testers during the forecast period.
Favorable initiatives by the government of APAC countries are expected to play a vital role in augmenting the regional market size in the forecast period. In February 2021, the Indian government announced the setting up of seven mega textile parks in the coming three years. Such initiatives will boost the textile industry, and increase demand for textile testers during the forecast period. Owing to the aforementioned factors, the market in APAC is expected to experience significant growth in the forecast period.
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Key players in the global textile tester include Qualitest International Inc., TESTEX Textile Testing Instruments, ELECTROMATIC Equipment Co., AMETEK, Alpha Chemika, Paramount Group, Universal Textile Industries, ASIAN TEST EQUIPMENTS, and X-Power Equipments.
Report Attribute | Details |
---|---|
Growth Rate | 2.13% CAGR from 2022 to 2032 |
Market Value in 2022 | US$ 126.38 Billion |
Market Value in 2032 | US$ 156 Billion |
Base Year for Estimation | 2021 |
Historical Data | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | USD Million for Value |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization Scope | Available upon Request |
The global textile tester market is anticipated at US$ 156 Billion during the forecast period from 2022-to 2032.
The global textile tester market is expected to record a CAGR of 2.13% during the forecast period.
Qualitest International Inc., TESTEX Textile Testing Instruments, and ELECTROMATIC Equipment Co., are some of the known players in the global textile tester market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Textile Tester Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Textile Tester Market Analysis 2017-2021 and Forecast 2022-2032, By Equipment Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Equipment Type, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Equipment Type, 2022-2032
5.3.1. Manual Tester
5.3.2. Motorized Tester
5.3.3. Digital Textile Tester
5.4. Y-o-Y Growth Trend Analysis By Equipment Type, 2017-2021
5.5. Absolute $ Opportunity Analysis By Equipment Type, 2022-2032
6. Global Textile Tester Market Analysis 2017-2021 and Forecast 2022-2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Application, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Application, 2022-2032
6.3.1. Material Thickness
6.3.2. Moisture
6.3.3. Speed and Length
6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021
6.5. Absolute $ Opportunity Analysis By Application, 2022-2032
7. Global Textile Tester Market Analysis 2017-2021 and Forecast 2022-2032, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021
7.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Textile Tester Market Analysis 2017-2021 and Forecast 2022-2032, By Country
8.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
8.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
8.2.1. By Country
8.2.1.1. U.S.
8.2.1.2. Canada
8.2.2. By Equipment Type
8.2.3. By Application
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Equipment Type
8.3.3. By Application
8.4. Key Takeaways
9. Latin America Textile Tester Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Argentina
9.2.1.4. Chile
9.2.1.5. Peru
9.2.1.6. Rest of Latin America
9.2.2. By Equipment Type
9.2.3. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Equipment Type
9.3.3. By Application
9.4. Key Takeaways
10. Europe Textile Tester Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. Italy
10.2.1.3. France
10.2.1.4. U.K.
10.2.1.5. Spain
10.2.1.6. Russia
10.2.1.7. BENELUX
10.2.1.8. Rest of Europe
10.2.2. By Equipment Type
10.2.3. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Equipment Type
10.3.3. By Application
10.4. Key Takeaways
11. Asia Pacific Textile Tester Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Rest of Asia Pacific
11.2.2. By Equipment Type
11.2.3. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Equipment Type
11.3.3. By Application
11.4. Key Takeaways
12. Middle East and Africa Textile Tester Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Turkey
12.2.1.4. Rest of Middle East and Africa
12.2.2. By Equipment Type
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Equipment Type
12.3.3. By Application
12.4. Key Takeaways
13. Key Countries Textile Tester Market Analysis
13.1. U.S.
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2021
13.1.2.1. By Equipment Type
13.1.2.2. By Application
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2021
13.2.2.1. By Equipment Type
13.2.2.2. By Application
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2021
13.3.2.1. By Equipment Type
13.3.2.2. By Application
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2021
13.4.2.1. By Equipment Type
13.4.2.2. By Application
13.5. Argentina
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2021
13.5.2.1. By Equipment Type
13.5.2.2. By Application
13.6. Chile
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2021
13.6.2.1. By Equipment Type
13.6.2.2. By Application
13.7. Peru
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2021
13.7.2.1. By Equipment Type
13.7.2.2. By Application
13.8. Germany
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2021
13.8.2.1. By Equipment Type
13.8.2.2. By Application
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2021
13.9.2.1. By Equipment Type
13.9.2.2. By Application
13.10. France
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2021
13.10.2.1. By Equipment Type
13.10.2.2. By Application
13.11. U.K.
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2021
13.11.2.1. By Equipment Type
13.11.2.2. By Application
13.12. Spain
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2021
13.12.2.1. By Equipment Type
13.12.2.2. By Application
13.13. Russia
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2021
13.13.2.1. By Equipment Type
13.13.2.2. By Application
13.14. BENELUX
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2021
13.14.2.1. By Equipment Type
13.14.2.2. By Application
13.15. China
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2021
13.15.2.1. By Equipment Type
13.15.2.2. By Application
13.16. Japan
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2021
13.16.2.1. By Equipment Type
13.16.2.2. By Application
13.17. South Korea
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2021
13.17.2.1. By Equipment Type
13.17.2.2. By Application
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2021
13.18.2.1. By Equipment Type
13.18.2.2. By Application
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2021
13.19.2.1. By Equipment Type
13.19.2.2. By Application
13.20. Turkey
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2021
13.20.2.1. By Equipment Type
13.20.2.2. By Application
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Equipment Type
14.3.3. By Application
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Qualitest International Inc.
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. TESTEX Textile Testing Instruments
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. ELECTROMATIC Equipment Co.
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. AMETEK
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Alpha Chemika
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Paramount Group
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Universal Textile Industries
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. ASIAN TEST EQUIPMENTS
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. X-Power Equipments
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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