Product Code: ETC13375211 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Industrial Knitting Equipment Market was valued at USD 2.1 Billion in 2024 and is expected to reach USD 3.2 Billion by 2031, growing at a compound annual growth rate of 6.90% during the forecast period (2025-2031).
The Global Industrial Knitting Equipment Market is witnessing steady growth driven by factors such as increasing demand for technical textiles, advancements in knitting technologies, and the rising popularity of seamless garments. Knitting equipment manufacturers are focusing on integrating automation and digitalization into their machines to improve efficiency and productivity. The market is also influenced by the growing trend of sustainable and eco-friendly textile production practices. Key players in the industry are investing in research and development to introduce innovative solutions such as multi-gauge knitting machines and hybrid knitting technologies. Geographically, Asia Pacific dominates the market due to the presence of major textile manufacturing hubs in countries like China and India. Overall, the industrial knitting equipment market is poised for further expansion, supported by evolving consumer preferences and technological advancements.
The Global Industrial Knitting Equipment Market is experiencing a surge in demand due to the growing popularity of knitwear in the fashion industry, as well as the increasing adoption of smart textiles in various applications. Key trends include the integration of advanced technologies such as automation and digitization to improve efficiency and productivity in the manufacturing process. Opportunities in the market lie in the development of eco-friendly and sustainable knitting equipment to align with the growing consumer preference for sustainable fashion. Additionally, the rising demand for customized and on-demand knitwear presents a lucrative opportunity for manufacturers to offer flexible and agile production solutions. Overall, the industrial knitting equipment market is poised for growth driven by technological advancements and evolving consumer preferences.
The Global Industrial Knitting Equipment Market faces several challenges, including increasing competition from low-cost manufacturers in emerging markets, technological advancements leading to the need for constant innovation and upgrades, and fluctuating raw material prices impacting production costs. Additionally, the industry must navigate evolving consumer preferences and demands for sustainable and eco-friendly manufacturing practices, which require investments in new technologies and processes. Furthermore, the ongoing global economic uncertainties and trade tensions can also pose challenges for industrial knitting equipment manufacturers in terms of market volatility and demand fluctuations. To stay competitive and address these challenges, companies in the market need to focus on R&D efforts, streamline operations, and adapt to changing market dynamics swiftly.
The Global Industrial Knitting Equipment Market is primarily driven by the increasing demand for automated and advanced knitting machinery in the textile industry to improve production efficiency and reduce labor costs. Technological advancements such as computerized knitting machines, seamless knitting technology, and smart knitting systems are further boosting market growth. Additionally, the growing trend of customization and personalization in textiles is driving the adoption of industrial knitting equipment to meet varied consumer preferences. Moreover, the rising trend of sustainable and eco-friendly manufacturing practices is leading to the development of energy-efficient and environmentally friendly knitting machines, thus propelling market expansion. Overall, factors such as increasing productivity demands, technological innovations, customization trends, and sustainability initiatives are the key drivers fueling the growth of the Global Industrial Knitting Equipment Market.
Government policies related to the Global Industrial Knitting Equipment Market vary across regions, with key focus areas including trade tariffs, technology standards, and environmental regulations. Many countries have implemented trade tariffs impacting the import and export of industrial knitting equipment, influencing market dynamics and pricing. Additionally, governments are increasingly setting technology standards to ensure product quality and safety, driving manufacturers to comply with specific requirements. Environmental regulations are also playing a significant role, with a growing emphasis on sustainability and energy efficiency in industrial knitting equipment production processes. Overall, government policies in the Global Industrial Knitting Equipment Market are shaping the competitive landscape and influencing businesses to adapt to changing regulatory environments for long-term sustainability and growth.
The Global Industrial Knitting Equipment Market is expected to experience steady growth in the coming years due to increasing demand for technical textiles, advancements in knitting technology, and the growing trend of automation in the textile industry. The market is anticipated to benefit from the rising adoption of smart textiles, sustainable practices, and the expansion of the fashion and sports industries. Additionally, the shift towards customization and on-demand production is likely to drive the demand for industrial knitting equipment. Emerging economies in Asia Pacific, such as China and India, are projected to be key growth markets for industrial knitting equipment, while North America and Europe are expected to witness substantial investments in research and development to enhance product offerings and cater to evolving consumer preferences.
In the Global Industrial Knitting Equipment Market, Asia is expected to witness rapid growth driven by the presence of key manufacturing hubs such as China and India. North America is forecasted to showcase steady growth owing to technological advancements in the textile industry. Europe is likely to experience moderate growth due to the increasing adoption of automation in the manufacturing processes. The Middle East and Africa region is anticipated to see a surge in demand for industrial knitting equipment as the textile industry expands. Latin America is projected to have a stable market growth supported by the growing apparel and textile sectors in countries like Brazil and Mexico. Overall, the global industrial knitting equipment market is poised for significant growth across regions, driven by technological advancements and increasing demand for high-quality textiles.
Global Industrial Knitting Equipment Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Industrial Knitting Equipment Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Industrial Knitting Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Global Industrial Knitting Equipment Market - Industry Life Cycle |
3.4 Global Industrial Knitting Equipment Market - Porter's Five Forces |
3.5 Global Industrial Knitting Equipment Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Industrial Knitting Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Industrial Knitting Equipment Market Revenues & Volume Share, By Automation Level, 2021 & 2031F |
3.8 Global Industrial Knitting Equipment Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Global Industrial Knitting Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Industrial Knitting Equipment Market Trends |
6 Global Industrial Knitting Equipment Market, 2021 - 2031 |
6.1 Global Industrial Knitting Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Industrial Knitting Equipment Market, Revenues & Volume, By Flat Bed Knitting Equipment, 2021 - 2031 |
6.1.3 Global Industrial Knitting Equipment Market, Revenues & Volume, By Auto Stripe Equipment, 2021 - 2031 |
6.1.4 Global Industrial Knitting Equipment Market, Revenues & Volume, By Circular Knitting Equipment, 2021 - 2031 |
6.2 Global Industrial Knitting Equipment Market, Revenues & Volume, By Automation Level, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Industrial Knitting Equipment Market, Revenues & Volume, By Semi-automatic Industrial Knitting Equipment, 2021 - 2031 |
6.2.3 Global Industrial Knitting Equipment Market, Revenues & Volume, By Automatic Industrial Knitting Equipment, 2021 - 2031 |
6.3 Global Industrial Knitting Equipment Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Industrial Knitting Equipment Market, Revenues & Volume, By Technical Textiles, 2021 - 2031 |
6.3.3 Global Industrial Knitting Equipment Market, Revenues & Volume, By Medical Textiles, 2021 - 2031 |
6.3.4 Global Industrial Knitting Equipment Market, Revenues & Volume, By Automotive Textiles, 2021 - 2031 |
6.3.5 Global Industrial Knitting Equipment Market, Revenues & Volume, By Readymade Clothes, 2021 - 2031 |
6.3.6 Global Industrial Knitting Equipment Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Industrial Knitting Equipment Market, Overview & Analysis |
7.1 North America Industrial Knitting Equipment Market Revenues & Volume, 2021 - 2031 |
7.2 North America Industrial Knitting Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Industrial Knitting Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Industrial Knitting Equipment Market, Revenues & Volume, By Automation Level, 2021 - 2031 |
7.5 North America Industrial Knitting Equipment Market, Revenues & Volume, By End Use, 2021 - 2031 |
8 Latin America (LATAM) Industrial Knitting Equipment Market, Overview & Analysis |
8.1 Latin America (LATAM) Industrial Knitting Equipment Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Industrial Knitting Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Industrial Knitting Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Industrial Knitting Equipment Market, Revenues & Volume, By Automation Level, 2021 - 2031 |
8.5 Latin America (LATAM) Industrial Knitting Equipment Market, Revenues & Volume, By End Use, 2021 - 2031 |
9 Asia Industrial Knitting Equipment Market, Overview & Analysis |
9.1 Asia Industrial Knitting Equipment Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Industrial Knitting Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Industrial Knitting Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Industrial Knitting Equipment Market, Revenues & Volume, By Automation Level, 2021 - 2031 |
9.5 Asia Industrial Knitting Equipment Market, Revenues & Volume, By End Use, 2021 - 2031 |
10 Africa Industrial Knitting Equipment Market, Overview & Analysis |
10.1 Africa Industrial Knitting Equipment Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Industrial Knitting Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Industrial Knitting Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Industrial Knitting Equipment Market, Revenues & Volume, By Automation Level, 2021 - 2031 |
10.5 Africa Industrial Knitting Equipment Market, Revenues & Volume, By End Use, 2021 - 2031 |
11 Europe Industrial Knitting Equipment Market, Overview & Analysis |
11.1 Europe Industrial Knitting Equipment Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Industrial Knitting Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Industrial Knitting Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Industrial Knitting Equipment Market, Revenues & Volume, By Automation Level, 2021 - 2031 |
11.5 Europe Industrial Knitting Equipment Market, Revenues & Volume, By End Use, 2021 - 2031 |
12 Middle East Industrial Knitting Equipment Market, Overview & Analysis |
12.1 Middle East Industrial Knitting Equipment Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Industrial Knitting Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Industrial Knitting Equipment Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Industrial Knitting Equipment Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Industrial Knitting Equipment Market, Revenues & Volume, By Automation Level, 2021 - 2031 |
12.5 Middle East Industrial Knitting Equipment Market, Revenues & Volume, By End Use, 2021 - 2031 |
13 Global Industrial Knitting Equipment Market Key Performance Indicators |
14 Global Industrial Knitting Equipment Market - Export/Import By Countries Assessment |
15 Global Industrial Knitting Equipment Market - Opportunity Assessment |
15.1 Global Industrial Knitting Equipment Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Industrial Knitting Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Industrial Knitting Equipment Market Opportunity Assessment, By Automation Level, 2021 & 2031F |
15.4 Global Industrial Knitting Equipment Market Opportunity Assessment, By End Use, 2021 & 2031F |
16 Global Industrial Knitting Equipment Market - Competitive Landscape |
16.1 Global Industrial Knitting Equipment Market Revenue Share, By Companies, 2024 |
16.2 Global Industrial Knitting Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |