Robotics And Automation In Textile Units
Added: (Thu Dec 13 2018)
Pressbox (Press Release) -
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.
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