Global Circular Looms Market Outlook 2022

A circular loom is a loom in which several shuttles move simultaneously in a circle, laying weft threads in a section of warp thread, forming a shed. They are used in the production of hoses and bags.
The classification of Circular Looms includes 4 Shuttles Circular Looms, 6 Shuttles Circular Looms, 8 Shuttles Circular Looms and other type. 6 Shuttles Circular Looms and 8 Shuttles Circular Looms are top two level, with more than 50% market shares. Circular Looms is widely used in Food Packaging, Chemical and Construction. The most proportion of Circular Looms is Construction, and the sales proportion in 2019 is about 40%. China occupied the largest sales market share with over 1/3 in 2019. It is followed by India nearly 25%, while other regions have smaller market. For the major players of Circular Looms, Starlinger maintained its first place in the ranking in 2019, followed by Lohia Group, Yongming Machinery, Windmöller & Hölscher and PHYLLIS. The Top 5 players accounted for above 50% of the Global Circular Looms revenue market share in 2019.

Market Analysis and Insights: Global Circular Looms Market
The global Circular Looms market was valued at US$ 190.7 million in 2020 and it is expected to reach US$ 253.7 million by the end of 2027, growing at a CAGR of 4.2% during 2021-2027.

Global Circular Looms Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Circular Looms Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
4 Shuttles Circular Looms
6 Shuttles Circular Looms
8 Shuttles Circular Looms
Others

Segment by Application
Food Packaging
Chemical
Construction
Others

By Company
Starlinger
Lohia Group
Yongming Machinery
Windmöller & Hölscher
PHYLLIS
Hengli Machinery
Mandals Technology
SANLONG
JAIKO INDUSTRIES
Yanfeng Group
Dong-Shiuan Enterprise
ATA Group
Hao Yu Precision Machinery
Garter Mechanical Engineering

Production by Region
Europe
China Taiwan
China
India

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE