Whether the warming trend of the textile machinery market can continue can be analyzed from the following aspects:
Market demand and growth:
The textile machinery market showed certain signs of recovery in 2024, especially in the field of knitting machinery and weaving machinery. For example, sales of flat knitting machines and warp knitting machines in knitting machinery have steadily rebounded, while weaving machinery has seen sales growth driven by real estate clusters such as Xinjiang, Henan and Anhui.
Export markets also showed positive changes, especially in emerging markets such as India, Vietnam and Bangladesh, where textile machine exports increased.
Technological innovation and industrial upgrading:
The textile machinery industry is developing in the direction of intelligence, high efficiency, energy saving and green environmental protection. This helps to enhance the competitiveness of textile machinery products and meet the market demand for high-quality products.
The transformation and upgrading of the domestic textile industry has provided development opportunities for the textile machinery industry, especially in terms of the growth of demand for high-performance fibers and high-end products.
Policies and Support:
The Chinese government has introduced a series of policies to support economic development, which help stabilize market expectations and promote the healthy development of the textile machinery market.
The leading economic cycle characteristics of textile machinery enterprises in the domestic market will be more obvious, and the domestic market will become an important support for the high-quality development of the textile machinery industry.
Risks and Challenges:
Although the textile machinery market has shown some signs of recovery, factors such as fluctuations in domestic and foreign market demand, the instability of raw material prices and the tightening of environmental protection policies may still have a negative impact on the textile machinery market.
Textile machinery enterprises need to deal with the problem of product homogeneity competition and sales price decline in order to maintain profitability.
To sum up, the recovery trend of the textile machinery market is expected to continue in 2025, but it is necessary to pay close attention to market dynamics and policy changes, while strengthening technological innovation and industrial upgrading to adapt to the changing market demand.