Market Overview:
The global shuttle loom market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The simple shuttle type is expected to dominate the market in terms of revenue share during the forecast period. However, the complicated shuttle type is projected to grow at a higher CAGR than the simple shuttle type during the forecast period. The family use segment is estimated to account for majority of the revenue share in 2018 and it is also projected to be one of fastest-growing segments during the forecast period.
Product Definition:
A shuttle loom is a type of weaving machine in which the weft thread is passed through the warp by means of a shuttle. It is an important development in the history of technology, as it allows for wider fabrics to be produced.
Simple shuttle:
The simple shuttles are used to transfer material in and out of the machine without any human intervention. The product is widely used in various industries including automotive, food & beverages, pharmaceuticals, printing and others. It helps to reduce labor cost by automating tasks performed by humans.
The growth factor for the market is increasing demand from application industries such as pharmaceuticals & printing where it reduces manual work involved in processing which leads to increase productivity thereby reducing costs incurred on labor.
Complicated shuttle:
The complicated shuttles are used in the manufacturing of carpet backlooms and they have a wide range of applications. These shuttles are available in different sizes, shapes and can be customized as per the requirements. The complicated shuttles help to reduce inventory cost owing to their high speed production process. It is also responsible for reducing floor space required for storing finished goods as it utilizes less space during operation due to its compact structure.
Application Insights:
The family use segment dominated the global shuttle loom market in 2017. This is attributed to increasing production of consumer products, such as handbags, wallets, belts and briefcases. The commercial use segment is expected to witness a lucrative CAGR of XX% from 2018 to 2030 owing to the rising number of hotels and restaurants across various regions.
Demand for ready-to-wear clothing has witnessed a rise due to changing fashion trends and consumers¢â‚¬â„¢ preference towards brand name apparel over generic brands. As a result, the demand for these types of looms has increased significantly across several textile manufacturing companies globally since 2015. These companies have started producing more complicated models with multiple panels per frame that can produce more quantity of product in less time which eventually leads to higher profit margins for manufacturers operating in this sector.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region over the forecast period. The growth can be attributed to increasing product demand in countries, such as China and India. In 2016, China accounted for a share of more than 30% of global production owing to cheap labor cost and availability of raw materials in the country. Moreover, an increase in textile consumption across various application segments will drive market growth over the next eight years.
North America loom market is majorly dominated by U.S.
Europe was valued at USD X million as a single currency region.
Growth Factors:
- Increasing demand from the apparel industry for shuttle looms owing to their high productivity and efficiency.
- The increasing popularity of natural fibers such as cotton, wool, and silk is also propelling the demand for shuttle looms in the market.
- Rapid industrialization in emerging economies is leading to an increase in investments in textile production, thereby driving the growth of the shuttle loom market.
- Technological advancements that have led to the development of more efficient and productive shuttle looms are providing a boost to this market’s growth prospects. 5) The growing trend of customization in clothing is also fueling demand for shuttle looms from garment manufacturers worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Shuttle Loom Market Research Report
By Type
Simple shuttle, Complicated shuttle
By Application
Family Use, Commercial Use
By Companies
Pak Shuttle, Tsudakoma, Jingwei Textile Machinery, Itema, ZHEJIANG HUIDE, Zhejiang Rifa, Premierloom, ALIDHRA GROUP OF COMPANIES, Wiltop, Pak Shuttle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Shuttle Loom Market Report Segments:
The global Shuttle Loom market is segmented on the basis of:
Types
Simple shuttle, Complicated shuttle
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Family Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pak Shuttle
- Tsudakoma
- Jingwei Textile Machinery
- Itema
- ZHEJIANG HUIDE
- Zhejiang Rifa
- Premierloom
- ALIDHRA GROUP OF COMPANIES
- Wiltop
- Pak Shuttle
Highlights of The Shuttle Loom Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Simple shuttle
- Complicated shuttle
- By Application:
- Family Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Shuttle Loom Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Shuttle Loom is a loom that helps knitters and crocheters create fabric pieces quickly and easily. It has a number of different features, including an automatic shuttle system, easy-to-use controls, and a variety of stitch options.
Some of the major companies in the shuttle loom market are Pak Shuttle, Tsudakoma, Jingwei Textile Machinery, Itema, ZHEJIANG HUIDE, Zhejiang Rifa, Premierloom, ALIDHRA GROUP OF COMPANIES, Wiltop, Pak Shuttle.
The shuttle loom market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Shuttle Loom Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Shuttle Loom Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shuttle Loom Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Shuttle Loom Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Shuttle Loom Market Size & Forecast, 2020-2028
4.5.1 Shuttle Loom Market Size and Y-o-Y Growth
4.5.2 Shuttle Loom Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Simple shuttle
5.2.2 Complicated shuttle
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Family Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shuttle Loom Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Shuttle Loom Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Simple shuttle
9.6.2 Complicated shuttle
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Family Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Simple shuttle
10.6.2 Complicated shuttle
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Family Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Simple shuttle
11.6.2 Complicated shuttle
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Family Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Simple shuttle
12.6.2 Complicated shuttle
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Family Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Simple shuttle
13.6.2 Complicated shuttle
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Family Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Shuttle Loom Market: Competitive Dashboard
14.2 Global Shuttle Loom Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pak Shuttle
14.3.2 Tsudakoma
14.3.3 Jingwei Textile Machinery
14.3.4 Itema
14.3.5 ZHEJIANG HUIDE
14.3.6 Zhejiang Rifa
14.3.7 Premierloom
14.3.8 ALIDHRA GROUP OF COMPANIES
14.3.9 Wiltop
14.3.10 Pak Shuttle
