RIB Cutting Machine Market Size, Share, Opportunities, And Trends By Type (Automatic, Mechanical), By Application (Knitted Rib, Woven Fabric Tape/Stripe, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : Feb 2024
  • Report Code : KSI061616600
  • Pages : 140

The RIB cutting machine market is anticipated to show steady growth during the forecast period. RIB cutting machine is a high-performance tool that is specifically designed to cut several fabrics precisely and accurately. It uses advanced technology and a strong structure to withstand the workload that ensures smooth and seamless cutting, resulting in precise and clean cuts. The machine is primarily used in the textile and manufacturing sectors. The increasing number of apparel manufacturing units and technological advancement in RIB cutting machines are major driving forces behind the RIB cutting machine market growth.

Market Driver

  • Increasing apparel manufacturing units propelling the RIB cutting machine market growth.

The Rib cutting machine automates the process of cutting ribbed fabrics, ensuring uniformity and reducing human error with its high-speed cutting capabilities and customizable parameters. It allows apparel manufacturers to optimize production and streamline workflow and the machine's precision also reduces material waste, resulting in cost savings and sustainable practices within the manufacturing unit. Fashion trends and consumer preferences are changing, resulting in a growing demand for numerous customizable clothing due to which manufacturers are capitalizing this demand by opening new facilities to meet the ever-changing market. For instance, according to the U.S. Bureau of Labor Statistics, there were 6,644 apparel manufacturing establishments in the 2nd quarter of 2023, an increase of 46 units compared to the 3rd quarter of 2022.

  • Advanced waste reduction capabilities bolster the RIB cutting machine market growth

RIB cutting machines are essential in the apparel production sector as they help to reduce waste materials. These cutting-edge machines use advanced technology to cut fabric patterns precisely and efficiently, maximizing material efficiency and reducing waste. By optimizing the layout of patterns on the fabric, these machines can significantly reduce the amount of fabric leftovers as compared to traditional methods. They are outfitted with advanced cutting systems, which improve cutting precision and can handle a variety of fabrics, including delicate and stretchy materials, without affecting quality, which makes it an ideal option for apparel manufacturers, fuelling the market growth.

  • Technological advancement in RIB cutting machines contributes to the overall market growth

The advancement of cutting-edge technologies such as automated feeding systems, precise cutting mechanisms, and high-speed cutting capacity has made Rib-cutting machines more efficient, accurate, and user-friendly, appealing to a broader range of industries and businesses. In addition, the integration of smart sensors and machine learning algorithms also increased the overall precision and quality of rib cutting, resulting in a greater demand for these machines. For instance, Neo Panthers Machine Manufactures offers Leo-933, a RIB cutting machine, which is an advanced rib cutting machine that features a cutting capacity of roller / 45 Sec and a rotation speed of 20-500 RPM

Asia Pacific is expected to grow significantly

Asia Pacific is anticipated to account for a significant share of the RIB cutting machine market due to the growing apparel industry in the major economies of the region. For instance, according to the Press Information Bureau data, the government of India approved the establishment of seven PradhanMantri Mega Integrated Textile Region and Apparel (PM MITRA) Parks in greenfield & brownfield places with Rs. 4,445 crores over a period of seven years up to 2027-2028. Additionally, according to the State Council of China, From January to May 2023, China's 13,053 major apparel companies obtained a total of 561.1 billion yuan (around $83.9 billion), up from 6.1 percent year on year.

Market Restraints

  • Regular maintenance will restrain the RIB cutting machine market growth.

RIB cutting machines require regular maintenance and servicing to ensure peak performance, and this can result in downtime during maintenance activities, affecting productivity and delivery schedules. This may affect their adoption in numerous sectors, which may hinder the RIB cutting machine market growth.

Company Products

  • Semi-Automatic Rib Cutting Machine- Fablook International Private Limited offers a Semi-Automatic Rib Cutting Machine that can cut all types of fabrics into tapes, including 45-degree tapes for binding, and has a variety of widths that work well with thin, medium, and thick fabrics. It specializes in cutting knitting fabrics and binding tape and features a voltage of 220 v and a power of 400 watts.
  • MECANOR RIB Cutting Machine- MECANOR Machines offers the RIB Cutting Machine, a professional cutting machine that cuts at 45 degrees and prevents fabric from loosely pulling. It features a speed of 60-330 rpm, a power of 180W/ 220W, a cloth width of 135cm, a cloth diameter of 60-200cm, and a tape and strip width of 15-90 mm.
  • CNC 560UA- CNC 560UA is a CNC Rib Cutting & Name Marking Machine offered by Sparkonix (India) Pvt. Ltd. that is ideal for fast-growing steel companies aiming for higher productivity without compromising on world-class quality. It features a 4-axis CNC machine equipped with a maximum roll weight of 1000 Kg, length of workpiece of 800 – 2500 mm, and a cutter spindle speed of 0-500 rpm.

Segmentation

  • By Type
    • Automatic
    • Mechanical
  • By Application
    • Knitted Rib
    • Woven Fabric Tape/Stripe
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits to the stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. RIB CUTTING MACHINE MARKET BY TYPE

5.1. Introduction

5.2. Automatic

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Mechanical

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

6. RIB CUTTING MACHINE MARKET BY APPLICATION

6.1. Introduction

6.2. Knitted Rib

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Woven Fabric Tape/Stripe

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

6.4. Others

6.4.1. Market Trends and Opportunities

6.4.2. Growth Prospects

6.4.3. Geographic Lucrativeness

7. RIB CUTTING MACHINE MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Type

7.2.2. By Application

7.2.3. By Country

7.2.3.1. United States

7.2.3.1.1. Market Trends and Opportunities

7.2.3.1.2. Growth Prospects

7.2.3.2. Canada

7.2.3.2.1. Market Trends and Opportunities

7.2.3.2.2. Growth Prospects

7.2.3.3. Mexico

7.2.3.3.1. Market Trends and Opportunities

7.2.3.3.2. Growth Prospects

7.3. South America

7.3.1. By Type

7.3.2. By Application

7.3.3. By Country

7.3.3.1. Brazil

7.3.3.1.1. Market Trends and Opportunities

7.3.3.1.2. Growth Prospects

7.3.3.2. Argentina

7.3.3.2.1. Market Trends and Opportunities

7.3.3.2.2. Growth Prospects

7.3.3.3. Others

7.3.3.3.1. Market Trends and Opportunities

7.3.3.3.2. Growth Prospects

7.4. Europe

7.4.1. By Type

7.4.2. By Application

7.4.3. By Country

7.4.3.1. United Kingdom

7.4.3.1.1. Market Trends and Opportunities

7.4.3.1.2. Growth Prospects

7.4.3.2. Germany

7.4.3.2.1. Market Trends and Opportunities

7.4.3.2.2. Growth Prospects

7.4.3.3. France

7.4.3.3.1. Market Trends and Opportunities

7.4.3.3.2. Growth Prospects

7.4.3.4. Italy

7.4.3.4.1. Market Trends and Opportunities

7.4.3.4.2. Growth Prospects

7.4.3.5. Spain

7.4.3.5.1. Market Trends and Opportunities

7.4.3.5.2. Growth Prospects

7.4.3.6. Others

7.4.3.6.1. Market Trends and Opportunities

7.4.3.6.2. Growth Prospects

7.5. Middle East and Africa

7.5.1. By Type

7.5.2. By Application

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.1.1. Market Trends and Opportunities

7.5.3.1.2. Growth Prospects

7.5.3.2. UAE

7.5.3.2.1. Market Trends and Opportunities

7.5.3.2.2. Growth Prospects

7.5.3.3. Others

7.5.3.3.1. Market Trends and Opportunities

7.5.3.3.2. Growth Prospects

7.6. Asia Pacific

7.6.1. By Type

7.6.2. By Application

7.6.3. By Country

7.6.4. Japan

7.6.4.1.1. Market Trends and Opportunities

7.6.4.1.2. Growth Prospects

7.6.5. China

7.6.5.1.1. Market Trends and Opportunities

7.6.5.1.2. Growth Prospects

7.6.6. India

7.6.6.1.1. Market Trends and Opportunities

7.6.6.1.2. Growth Prospects

7.6.7. South Korea

7.6.7.1.1. Market Trends and Opportunities

7.6.7.1.2. Growth Prospects

7.6.8. Taiwan

7.6.8.1.1. Market Trends and Opportunities

7.6.8.1.2. Growth Prospects

7.6.9. Thailand

7.6.9.1.1. Market Trends and Opportunities

7.6.9.1.2. Growth Prospects

7.6.10. Indonesia

7.6.10.1.1. Market Trends and Opportunities

7.6.10.1.2. Growth Prospects

7.6.11. Others

7.6.11.1.1. Market Trends and Opportunities

7.6.11.1.2. Growth Prospects

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. FABLOOK INTERNATIONAL PRIVATE LIMITED

9.2. Mecanor Machines Ltd.

9.3. Sparkonix (India) Pvt. Ltd.


FABLOOK INTERNATIONAL PRIVATE LIMITED

Mecanor Machines Ltd.

Sparkonix (India) Pvt. Ltd.