The forecast for the import of shuttle-less looms for weaving fabric of a width exceeding 30 cm into the US indicates a consistent decline from 2024 to 2028. In 2023, the actual import value was not provided, but based on the forecast, there is an anticipated decrease of approximately 6% per annum over the five-year period. Year-on-year, we see percentage declines of 5.9% from 2024 to 2025, 6.2% from 2025 to 2026, 6.4% from 2026 to 2027, and 6.7% from 2027 to 2028. This suggests a shrinking demand or a shift in sourcing strategies.
Future trends to monitor include:
- Technological innovations in looms that may affect import volumes.
- Changes in US textile manufacturing practices and policies.
- Global trade agreements impacting loom imports.
- Sustainability demands potentially altering material sourcing.
