Valued at $5.89 billion in 2024, the global spinning machinery market is projected to expand to $9.78 billion by 2034. As per a report by Precedence Research, the market is likely to grow at a CAGR of 5.20 per cent from 2025-34, indicating a robust expansion phase for the industry.
Having held the largest market share in 2024, the Asia Pacific region is expected to maintain its leading position and growth trajectory throughout the forecast period.
In 2024, the ring spinning machine segment accounted for the largest share in the global spinning machinery market. However, in future, the air-jet spinning machine segment is anticipated to experience the fastest CAGR during the projection period, suggesting a shift towards more advanced technologies.
The automatic segment dominated in 2024 and is forecast to retain its leading position, highlighting the industry's increasing reliance on automation.
Natural fibers held the largest market share by material type in 2024. However, the blended fibers segment is expected to grow at the fastest CAGR in the upcoming period, indicating a rising demand for composite textile materials.
The apparel and fashion segment captured the largest market share in 2024, reflecting its foundational role in the textile industry. Conversely, the industrial textiles segment is projected to witness the fastest growth between 2025 and 2034, signaling expanding applications beyond traditional clothing.
In 2024, largest share in the market was held by short staple spinning, However, during the forecast period, the long staple spinning segment is poised for the fastest growth, suggesting increasing demand for finer and longer fiber processing.
The online channels segment is expected to expand at the fastest CAGR between 2025 and 2034, underscoring the growing importance of digital sales platforms in the machinery market.
These trends collectively point to a dynamic and evolving global spinning machinery market driven by automation, diversification of material use, growth in specialized textile applications, and the increasing influence of digital sales channels.
