| Product Code: ETC13268084 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Knitting Machinery Market was valued at USD 4.4 Billion in 2024 and is expected to reach USD 6.2 Billion by 2031, growing at a compound annual growth rate of 7.20% during the forecast period (2025-2031).
The Global Knitting Machinery Market is witnessing steady growth driven by factors such as the increasing demand for knitted fabrics in the fashion and textile industries, as well as the growing popularity of athleisure wear worldwide. Technological advancements in knitting machinery, such as computerized systems for increased efficiency and customization options, are also contributing to market expansion. Key players in the market are focusing on innovation, product development, and strategic partnerships to stay competitive. The market is segmented based on machine type (circular knitting machines, flat knitting machines, and others), end-user industry (apparel, home textiles, automotive, and others), and region. Asia Pacific dominates the market due to the presence of major textile manufacturing countries like China and India, while North America and Europe also hold significant market shares due to the strong demand for high-quality knitted products.
The Global Knitting Machinery Market is experiencing growth due to the rising demand for knitted fabrics in various industries such as fashion, textile, and sports. Technological advancements in knitting machinery, such as the integration of automation and digitalization, are driving efficiency and productivity in manufacturing processes. Additionally, the increasing trend towards sustainable and eco-friendly practices is creating opportunities for the development of knitting machinery that can produce environmentally friendly fabrics. The market is also witnessing a rise in demand for seamless knitting machines, which offer benefits like reduced waste and increased flexibility in design. Overall, the Global Knitting Machinery Market is poised for expansion, fueled by innovation and the evolving needs of the textile industry.
The Global Knitting Machinery Market faces several challenges, including intense competition from low-cost manufacturers, rapidly changing consumer preferences, and the need for continuous technological advancements to improve efficiency and productivity. Additionally, fluctuations in raw material prices, such as cotton and synthetic fibers, can impact profit margins for knitting machinery manufacturers. Moreover, the industry must adapt to evolving sustainability requirements and regulations, as there is a growing demand for eco-friendly and energy-efficient knitting machines. To stay competitive in this market, companies need to invest in research and development to innovate their products, focus on cost-effective manufacturing processes, and build strong relationships with suppliers and customers to navigate these challenges effectively.
The Global Knitting Machinery Market is primarily driven by the increasing demand for knitted fabrics across various industries, including fashion, sportswear, and home textiles. Technological advancements in knitting machinery, such as automation and digitalization, have enhanced productivity and efficiency, further fueling market growth. The growing preference for sustainable and eco-friendly textiles has also led to a rise in demand for knitting machinery that enables the production of organic and recycled fabrics. Additionally, the trend towards customization and personalization in the fashion industry has boosted the adoption of advanced knitting machinery capable of producing intricate and unique designs. Overall, these factors are driving the Global Knitting Machinery Market towards expansion and innovation.
Government policies related to the Global Knitting Machinery Market vary by country, with many governments offering incentives to promote the growth of the textile industry. Policies may include tax breaks, subsidies, and grants for companies investing in modern knitting machinery to improve productivity and competitiveness. Additionally, some countries have trade agreements and regulations that impact the import and export of knitting machinery, influencing market dynamics. Governments also focus on environmental regulations and labor standards in the knitting industry, which can affect the adoption of sustainable practices and automation in manufacturing processes. Overall, government policies play a significant role in shaping the Global Knitting Machinery Market by influencing investment decisions, market access, and sustainability efforts within the industry.
The Global Knitting Machinery Market is expected to witness steady growth in the coming years, driven by factors such as increasing demand for knitted apparel, technological advancements in knitting machinery, and growing adoption of automation in the textile industry. The market is likely to benefit from the rising trend of sustainability and eco-friendly practices in the fashion industry, leading to a higher preference for knitted garments. Additionally, the growing popularity of athleisure wear and customized clothing is expected to fuel the demand for knitting machinery. However, challenges such as high initial investment costs and the availability of alternative production methods may hinder the market`s growth to some extent. Overall, the Global Knitting Machinery Market is poised for expansion, with opportunities for innovation and diversification in the industry.
In the Global Knitting Machinery Market, Asia stands out as the dominant region due to the presence of key manufacturing hubs like China and India, where the textile industry is thriving. North America and Europe follow closely behind, driven by technological advancements and a strong demand for high-quality knitted products. The Middle East and Africa region is experiencing steady growth, attributed to increasing investments in textile manufacturing infrastructure. Latin America shows potential for growth with rising disposable incomes and changing consumer preferences towards knitted apparel. Overall, the global knitting machinery market is witnessing diverse regional dynamics, with Asia leading in production, North America and Europe focusing on innovation, and emerging markets like Latin America and the Middle East and Africa showing promising growth opportunities.
Global Knitting Machinery 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 Knitting Machinery Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Knitting Machinery Market Revenues & Volume, 2021 & 2031F |
3.3 Global Knitting Machinery Market - Industry Life Cycle |
3.4 Global Knitting Machinery Market - Porter's Five Forces |
3.5 Global Knitting Machinery Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Knitting Machinery Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.7 Global Knitting Machinery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Knitting Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Knitting Machinery Market Trends |
6 Global Knitting Machinery Market, 2021 - 2031 |
6.1 Global Knitting Machinery Market, Revenues & Volume, By Machine Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Knitting Machinery Market, Revenues & Volume, By Weft Industrial Knitting Machines, 2021 - 2031 |
6.1.3 Global Knitting Machinery Market, Revenues & Volume, By Warp Industrial Knitting Machines, 2021 - 2031 |
6.2 Global Knitting Machinery Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Knitting Machinery Market, Revenues & Volume, By Automotive and Transportation Textiles, 2021 - 2031 |
6.2.3 Global Knitting Machinery Market, Revenues & Volume, By Medical Textiles, 2021 - 2031 |
6.2.4 Global Knitting Machinery Market, Revenues & Volume, By Sports Textiles, 2021 - 2031 |
6.2.5 Global Knitting Machinery Market, Revenues & Volume, By Building and Construction Textiles Apparel Textiles, 2021 - 2031 |
6.2.6 Global Knitting Machinery Market, Revenues & Volume, By Home and Furniture Textiles, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Knitting Machinery Market, Overview & Analysis |
7.1 North America Knitting Machinery Market Revenues & Volume, 2021 - 2031 |
7.2 North America Knitting Machinery Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Knitting Machinery Market, Revenues & Volume, By Machine Type, 2021 - 2031 |
7.4 North America Knitting Machinery Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Knitting Machinery Market, Overview & Analysis |
8.1 Latin America (LATAM) Knitting Machinery Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Knitting Machinery Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Knitting Machinery Market, Revenues & Volume, By Machine Type, 2021 - 2031 |
8.4 Latin America (LATAM) Knitting Machinery Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Knitting Machinery Market, Overview & Analysis |
9.1 Asia Knitting Machinery Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Knitting Machinery Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Knitting Machinery Market, Revenues & Volume, By Machine Type, 2021 - 2031 |
9.4 Asia Knitting Machinery Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Knitting Machinery Market, Overview & Analysis |
10.1 Africa Knitting Machinery Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Knitting Machinery Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Knitting Machinery Market, Revenues & Volume, By Machine Type, 2021 - 2031 |
10.4 Africa Knitting Machinery Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Knitting Machinery Market, Overview & Analysis |
11.1 Europe Knitting Machinery Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Knitting Machinery Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Knitting Machinery Market, Revenues & Volume, By Machine Type, 2021 - 2031 |
11.4 Europe Knitting Machinery Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Knitting Machinery Market, Overview & Analysis |
12.1 Middle East Knitting Machinery Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Knitting Machinery Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Knitting Machinery Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Knitting Machinery Market, Revenues & Volume, By Machine Type, 2021 - 2031 |
12.4 Middle East Knitting Machinery Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Knitting Machinery Market Key Performance Indicators |
14 Global Knitting Machinery Market - Export/Import By Countries Assessment |
15 Global Knitting Machinery Market - Opportunity Assessment |
15.1 Global Knitting Machinery Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Knitting Machinery Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
15.3 Global Knitting Machinery Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Knitting Machinery Market - Competitive Landscape |
16.1 Global Knitting Machinery Market Revenue Share, By Companies, 2024 |
16.2 Global Knitting Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |