Robotics And Automation In Textile Units


Posted December 13, 2018 by aleemtbrc

The global textile manufacturing market was valued at around $872 billion in 2017. Asia Pacific was the largest region in the textiles manufacturing market in 2017, accounting for around 68% market share.

 
The global textile manufacturing market, a part of the paper, plastics, rubber, wood and textile manufacturing industry, grew at a compound annual growth rate (CAGR) of around 6% during the historic period. The paper, plastics, rubber, wood and textile manufacturing industry showed a steady growth. The growth is mainly due to the high demand for fabrics from apparel manufacturing facilities especially from developing economies such as China, India and Bangladesh.



In the forecast period, the global textile manufacturing market size is expected to be over $1 trillion by 2021, growing at a CAGR of nearly 7%. This is expected due to the presence of many fabrics, apparels manufacturing and home furnishings facilities in the region. Furthermore, rising population, increase in dispensable income, and increasing per capita incomes are expected to drive the global textile manufacturing market in the future. 



Find TBRC’s report on the textile manufacturing market: https://www.thebusinessresearchcompany.com/report/textile-manufacturing-global-market-report-2018



The textile industry has been shifting from labor intensive manufacturing processes to automated production facilities. Automation has enabled textile manufacturing companies to enhance productivity and reduce production cost.



Major companies in the textile manufacturing market, offering robotic technology include Georgia-Pacific Corporation, International Paper, Kimberly Clark Corporation, Tetra Laval Group, Svenska Cellulosa Aktiebolaget.



Download a sample report: https://www.thebusinessresearchcompany.com/sample.aspx?id=65&type=smp



About The Business Research Company.



The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.



Contact Information.



The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: [email protected]

Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Aleemuddin
Phone +442071930708
Business Address The Business Research Company,
www.thebusinessresearchcompany.com,
Country United Kingdom
Categories Business , Industry , Textile
Last Updated December 13, 2018