San Francisco, 15 April 2030: The Report U.S. Textile Processing Machinery Market Size, Share & Trends Analysis Report By Process (Bleaching/Dyeing Machines, Washing Machine, Ironing Machines & Presses, Drying Machines), And Segment Forecasts, 2024 - 2030

The U.S. textile processing machinery market size is anticipated to reach USD 3.92 billion by 2030, registering a CAGR of 3.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing textile sector is an important factor contributing to market growth in the U.S. The improved quality of produced textiles and adequate customization offered by these machines are further acting as important drivers for market growth. The market demands a machine not only capable of producing high-quality textiles but also capable of handling different types of textiles. Hence, the quality assurance and flexibility offered by these machines are driving the market growth.

Continuous advancements in machine technology, such as the integration of the industrial internet of things (IIoT) and the introduction of artificial intelligence (AI), improve the machines’ production capacity. This rising capacity further improves the overall efficiency of the textile manufacturing plant by reducing the production cost & waste being generated. For instance, the SUNTECH Automatic Camera Fabric Inspection Machine (ST-Thinker) can be used to inspect the quality of fabric being manufactured. In the U.S., the demand for carbon-neutral solutions in textile manufacturing facilities has been growing significantly. Hence, there is a growing emphasis on eco-friendly and sustainable machines.

As the new machinery is capable of reducing the waste being generated and consumes less energy, the demand for sustainable and high-carbon efficient machines is expected to rise significantly over the forecast period. In October 2023, the U.S. Department of Labor reported that the labor cost in the country has been increasing continuously and is contributing to a rise in the final production cost of manufactured textiles. Textile processing machines reduce the standard labor hours required for textile manufacturing, thereby offering a cost-effective solution to manufacturers. Hence, for improved production capacity and indirect market penetration, these machines are preferred by textile manufacturers in the country.

The growing textile industry in the U.S. is an important factor driving the industry growth. In 2022, the market growth in the U.S. has remained optimistic and witnessed steady growth. In addition, the prospect for the textile industry is likely to remain optimistic in the U.S. due to the e-commerce boom & fast fashion trends. Moreover, the introduction of advanced technologies, such as the Industrial Internet of Things (IIoT), and digital dyeing, are reducing the waste being generated during the textile manufacturing process.

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The expansion of the parent market and technological advancement are driving the U.S. market growth. Several advancements in washing machines, drying machines, dyeing machines, and ironing machines over the past few years have resulted in augmented efficiency for attaining sustainability. Hence, with the incorporation of automation-based textile processing machines to improve process control, reduce waste, and improve facility efficiency, the demand for textile processing machinery is expected to increase. High demand for textile processing machinery to ensure product safety and quality has resulted in increased investments from manufacturers of textile processing machinery.

The majority of these companies are enhancing their production operations through automation to meet rising consumer demands. Moreover, manufacturers are focusing on sustainable production with minimal wastage and maximum hygiene. Due to these factors, the product demand is anticipated to increase in coming years. The U.S. is a leading manufacturer of textiles, yarns, textile raw materials, fabrics, home furnishing, apparel, etc. It is also a key producer and exporter of raw cotton, as well as a top importer of raw textiles in the world. According to the National Council of Textile Organizations (NCTO), from 2011 to 2020, the textile industry in the U.S. invested USD 20.2 billion in the deployment of innovative equipment and the establishment of plants.

In addition, new facilities have been opened in the U.S., to carry out large-scale textile production, which also offer recycling services. All these factors imply the market growth in the U.S. The industry is characterized by the presence of numerous small- and large-scale manufacturers, resulting in a high level of competition at both global and regional levels. This has a moderate effect on the bargaining power of buyers as product pricing is based on global demand. Furthermore, the competitive nature of this market is expected to contribute to its growth.