Market status of China's textile testing equipment industry

The development of the domestic textile industry, China's textile testing equipment industry is also developing rapidly, the market scale is expanding, the state of the industry continues to be stable.

According to the China Textile Testing Equipment Industry Market Operation Status and Investment Potential Research Report 2023-2029 published by MarketResearchOnline.com, the total output value of China's textile testing equipment industry reached 2.109 billion yuan in 2019, accounting for 13.2% of the total output value of the nation's textile machinery industry, an increase of 1.7% year-on-year.

The market distribution of China's textile testing equipment industry is also becoming more and more balanced. From the point of view of geographical distribution, economically developed regions such as East China, Central China, Southwest China is the main market of China's textile testing equipment industry, accounting for a relatively high market share, while emerging markets such as the Northwest, Northeast and other regions are also growing, the market share is lower, but the speed of development is faster.

In terms of product distribution, China's textile equipment industry is dominated by sewing and weaving machines, which account for the largest share of the industry's total output value, while other products, including weaving machines, embroidery machines, stretching machines, determining machines, dyeing machines, sorting machines, folding machines, top-folding machines, sewing machines and so on, account for a smaller share.

Competitive landscape of China's textile testing equipment industry

The competitive pattern of China's textile testing equipment industry is dominated by small and large enterprises competing with each other, with a larger number of small enterprises mainly providing low-priced and simple products, but with lower quality and technology, less responsive to the market, and less competitive; whereas, large enterprises have higher technology, are more responsive to the market, are more competitive, and are more aware of intellectual property rights protection, and have the ability to own independent Intellectual property rights and technology.

China's textile testing equipment industry also exists in the competition from large foreign manufacturers. Although the market share of foreign companies in China's textile testing equipment industry is relatively low, the technical level, quality and after-sales service of their products are superior to that of domestic enterprises and have gained the favour of the market.

Overall, the competitive landscape of China's textile testing equipment industry is dominated by small and large enterprises competing with each other, as well as competition from foreign companies. After continuous competition, China's textile testing equipment industry technology level, product quality and market influence have been significantly improved, the future is expected to further develop and grow.

UTSTESTER, is the Chinese textile test equipment manufacturer with more than 20 years experience. Dedicated in research and development on textile testing machines. Received good reputation from many global famous brands.