Loom Market Growth Insights In 2022 : Loom is machine or device which is used to produce woven fabric. It is the central point of whole process of cloth production.

Picanol was the greatest manufacturer in the loom industry ,with the reveune market share of 14%, followed by Itema Group, Van de Wiele, Dornier, RIFA, Tsudakoma, Toyota, Jingwei Textile Machinery, Haijia Machinery, Tianyi Red Flag, Huasense, Yiinchuen Machine, KINGTEX, Huayi Machinery, Smit, Tongda Group, SPR.Top 5 companies had a combined a market share of 41% of the global total. China was the world‘s biggest consumption and production area in 2018.

Market Analysis and Insights: Global Loom Market

The global Loom market size is projected to reach USD 5722.8 million by 2026, from USD 4057.3 million in 2020, at a CAGR of 5.9% during 2021-2026.

Global Loom Scope and Market Size

The global Loom market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Loom market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Leading Key Players In the global Loom market 2022:

Based on product, the Loom market is segmented into Air Jet Loom, Water Jet Loom, Rapier and Projectile Loom and other. The Loom products segment dominated the Loom market in 2022. Rising incidences and new product launches expected to drive the segment growth.

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