Global Textile Machinery Market Outlook -Trends and Forecast till 2020 – By Type, By Sales Volume, and By Region and Exports

The global textile machinery market is estimated to grow at a promising rate of 14.5% from 2015 to 2020 owing to growth of automotive and residential construction industry. Asia-Oceania is estimated to be the largest market for textile machinery. China, India, Indonesia, and Bangladesh are the main contributors to the textile machinery market in Asia-Oceania.