The global Tufting Machine market was valued at 178.24 Million USD in 2021 and will grow with a CAGR of 2.12% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A tufting machine is essentially a huge sewing machine with hundreds of needles that insert loops of yarn into the primary backing. Yarn is fed from a creel, one tube of yarn for each needle, and threaded through the needles. The tufting machine is set up to produce level loop, multi-level loop, cut pile, and cut and loop pile structures. A tufting machine is like a big sewing machineIn the coming years there is an increasing demand for Tufting Machine that is expected to drive the market for more advanced Tufting Machine. Growth in government budgets in the principal countries, increasing of transportation fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Tufting Machine will drive growth in the United States market.

By Market Verdors:

Tuftco

CMC

Cobble

Yamaguchi Sangyo

NAKAGAWA

Guangzhou Dayang

By Types:

PACAS Tufting Machine

GATRY Tufting Machine

By Applications:

Carpets

Artificial Grass

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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