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Tufting Machine Market Size, Share, and Industry Analysis, By Machine Type (Cut Pile Tufting Machine, Loop Pile Tufting Machine, Multi-Level Loop Pile Tufting Machine, and Others), By Mode of Operation (Electric, Hydraulic, and Pneumatic), By Application (Carpets and Rugs, Automotive Interiors, Textile Wall Coverings, and Others), By End User (Residential, Commercial, and Industrial), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI110006 | Status : UpcomingA tufting machine is a specialized piece of equipment used in the textile industry to create tufted fabric, primarily carpets and rugs. Tufting involves inserting the loops of yarn into a backing material to form a pile, which can then be cut to create different textures and patterns. Needles, yarn feed mechanism, cutting mechanism, looper, drive system, and control systems are the components used in tufting machines. These machines are used for creating different types of carpets and wall covering in residential, commercial, and industrial spaces.
Rising urbanization, increasing investment in construction sectors, and emerging trends in interior decoration are some of the factors that create the demand for tufting machines and fuel the growth of the market. Additional aspect driving industry expansion is the demand for rugs and carpets in residential, commercial, and automotive industries. For instance, according to the U.S. Census Bureau, construction spending in the U.S. grew by 1% in 2024, compared to 2023. In addition, major manufacturers bring new technological advancements in tufting machines, such as enabling robotic systems and computerized controls, which improve productivity and fuel the growth of the tufting machine market.
Moreover, the rising disposable income of end users and surging spending on the adoption of carpets and rugs in residential and commercial spaces, creates the demand for tufting machines, driving market growth. For instance, according to the National Bureau of Statistics, the net disposable income of China increased by 6.2% from 2023 to 2024.
The COVID-19 pandemic has had a mixed impact on the growth of the tufting machine market. This was observed as many manufacturing facilities were forced to temporarily shut down. Furthermore, there was a decline in product demand from hospitals, automotive, and construction activities.
Key Insights
The report covers the following key insights:
- Micro Macro Economic Indicators
- Drivers, Restraints, Trends, and Opportunities
- Business Strategies Adopted by Key Players
- Consolidated SWOT Analysis of Key Players
Segmentation
By Machine Type | By Mode of Operation | By Application | By End User | By Region |
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Analysis by Machine Type
Based on machine type, the tufting machine market is segmented into cut pile tufting machine, loop pile tufting machine, multi-level loop pile tufting machine, and others.
The loop pile tufting machines segment is projected to hold the largest share owing to their widespread use in commercial and residential applications. They also offer several advantages such as durability, ease of maintenance, and cost efficiency.
The cut pile tufting machine segment is anticipated to exhibit steady growth due to its use in hotels, luxurious rooms, offices, and hospitals. The machines are embracing technological advancements such as higher production, improved precision, and rising automation.
The multi-level loop pile tufting machine segment is projected to grow moderately, owing to its ability to manufacture rugs and carpets of different sizes and its use in residential, commercial, and industrial settings.
The others segment includes loop pile tufting machines. This segment is projected to grow decently owing to growth in construction and infrastructure development in emerging economies.
Regional Analysis
The global tufting machine market has been studied across five regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
The Asia Pacific region is expected to hold a significant share of the market due to large population, rapid urbanization, and growing construction and automotive industries. This creates the demand for rugs and carpets, which subsequently raise the demand for tufting machines.
The North American region is projected to grow steadily owing to the growth in residential and commercial sectors, including the automotive sector. This creates the demand for carpets and wall coverings, which subsequently raises the demand for tufting machines.
The Europe market is projected to grow moderately due to major manufacturers' strong presence. The region also produces strong carpets and rugs across Germany, Belgium, and Italy, among other countries.
The Middle East & Africa and South America markets are anticipated to grow decently during the forecast period due to growth in the hospitality and construction sector across Dubai and Saudi Arabia and a rise in the demand for carpets.
Distribution of the Global Plate Rolling Machine Market, By Region of Origin:
- North America – 28%
- Europe – 23%
- Asia Pacific – 36%
- Middle East & Africa – 8%
- South America – 5%
Key Players Covered
The key players in this market include Tuftco Corporation, Vandewiele NV, CMC Machinery, Cobble Van De Wiele, Siemonsma Machinery B.V., Wilton Machinery, Staubli AG, Matthews International Corporation, Yamaguchi Sangyo, and Textile Machinery Associates Inc.
Key Industry Developments
- September 2022: Vandewiele Group acquired U.S.-based Savio Group, a manufacturer of textile machineries. The basic aim of the acquisition was to enhance the company’s product portfolio.
- Global
- 2023
- 2019-2022