The worldwide market for textile machinery, following years of a favorable investment environment, awakened to one of toughest economic downturns, which impacted the overall rate of growth resulting in heavy market decline of both imports and exports in 2008/09. However in the long term, drive by demand for nonwoven disposable textile products, particularly from Chinese and Indian economies, the global market for textile machineries is projected to reach US$ 20.75 billion by the year 2015.
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