Cornelia Buchwalder, Secretary General at Swissmem, shared insights into the growing competition in the global textile machinery market, particularly from emerging manufacturing powers such as Turkey, India, and China. According to Buchwalder, European companies face tough competition, especially in the lower-cost segment, but there are several strategies they can adopt to maintain a competitive edge.
Buchwalder emphasized that while competition is fierce, European manufacturers can differentiate themselves by focusing on providing solutions that meet the evolving demands of the market. “The competition is certainly challenging for Western companies, especially as emerging markets often offer more affordable alternatives,” said Buchwalder. “However, European companies have the opportunity to lead by providing the highest-quality solutions that cater to the specific needs of the industry.”
She highlighted the importance of developing machinery that not only delivers high-end performance but also meets the diverse needs of the market. “It’s not always about being at the very top end of the market. European manufacturers need to focus on creating cost-effective solutions that fulfill the demands of their customers while maintaining high standards of quality,” she explained.
One of the key strategies for European companies to remain at the forefront of the industry is through long-term cost-effectiveness. “European machines may have a higher initial cost, but they often offer better value over their lifespan,” noted Buchwalder. “This is because they are designed to last longer and come with a robust service package, including up-to-date support and spare parts.”
She also pointed to the growing role of digital solutions, such as online support and remote maintenance, as critical differentiators for European manufacturers. “Building a strong service package that incorporates digital tools and offers efficient after-sales support can make all the difference for customers, ensuring they choose European-made machinery over cheaper alternatives.”
Buchwalder concluded by expressing optimism about the future of the industry, with European companies continuing to lead through innovation, quality, and service. “It’s not just about machines, it’s about the entire package – from design and production to after-sales service and support,” she said.
She also invited attendees and industry leaders to meet at the upcoming ITMA Singapore in 2025, where the textile machinery sector will come together to explore the latest technological advancements.