| Product Code: ETC293124 | Publication Date: Aug 2022 | Product Type: Market Research Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India glove knitting machines market import shipments experienced a declining trend from 2020 to 2024, with a notable negative CAGR of -10.8%. The growth rate between 2023 and 2024 further decreased by -12.0%, indicating a continued slowdown in market expansion. The market demonstrated a clear deceleration and lack of momentum during this period.
The India glove knitting machines market is witnessing significant growth, driven by the increasing demand for gloves in various industries, including healthcare, food processing, and manufacturing. With the rise in health and safety awareness, the need for efficient glove manufacturing processes has surged. Additionally, domestic manufacturers and glove knitting machine suppliers also contribute to the market, providing cost-effective solutions and technical support. As India emphasizes worker safety and hygiene standards, the glove knitting machines market is projected to experience sustained growth.
The India Glove Knitting Machines market is witnessing steady growth due to the expansion of the textile and apparel industry. Glove knitting machines play a crucial role in producing a wide range of gloves used in various applications, including industrial, medical, and fashion. The growing demand for gloves, particularly in the healthcare and safety sectors, has driven the market`s prospects.
The India Glove Knitting Machines market is expected to witness steady growth as the country`s textile and garment industries demand automated and efficient glove knitting solutions. Glove knitting machines are crucial for producing gloves used in various industries, including healthcare, fashion, and industrial applications. However, challenges related to technology adoption, skill development for machine operation, and maintaining product quality may influence market growth.
The glove knitting machines market in India has been experiencing steady growth, driven by the expanding textile and garment industries. Glove knitting machines are used for manufacturing various types of gloves for industrial, medical, and fashion applications. Despite the challenges posed by the COVID-19 pandemic on the textile industry, the glove knitting machines market is expected to recover as the economy rebounds and the demand for gloves picks up. The increased focus on hygiene and protective equipment will further contribute to the market`s growth.
Key players in the market, such as Shima Seiki Mfg., Ltd., Santoni S.p.A., and Sintelli India Private Limited, offer a comprehensive range of glove knitting machines, catering to different glove types and applications.
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 India Glove Knitting Machines Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Glove Knitting Machines Market Revenues & Volume, 2021 & 2031F |
3.3 India Glove Knitting Machines Market - Industry Life Cycle |
3.4 India Glove Knitting Machines Market - Porter's Five Forces |
3.5 India Glove Knitting Machines Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Glove Knitting Machines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Glove Knitting Machines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for gloves in various industries such as healthcare, food processing, and automotive |
4.2.2 Technological advancements in glove knitting machines leading to improved efficiency and productivity |
4.2.3 Growing focus on worker safety and hygiene standards driving the need for quality gloves |
4.3 Market Restraints |
4.3.1 High initial investment cost for setting up glove knitting machine manufacturing units |
4.3.2 Availability of alternative glove manufacturing technologies impacting the adoption of knitting machines |
4.3.3 Fluctuating raw material prices affecting the overall production cost |
5 India Glove Knitting Machines Market Trends |
6 India Glove Knitting Machines Market, By Types |
6.1 India Glove Knitting Machines Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Glove Knitting Machines Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Glove Knitting Machines Market Revenues & Volume, By Fully Automatic Machine, 2021-2031F |
6.1.4 India Glove Knitting Machines Market Revenues & Volume, By Semi-Automatic Machine, 2021-2031F |
6.2 India Glove Knitting Machines Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Glove Knitting Machines Market Revenues & Volume, By Industrial Gloves, 2021-2031F |
6.2.3 India Glove Knitting Machines Market Revenues & Volume, By Medical Gloves, 2021-2031F |
6.2.4 India Glove Knitting Machines Market Revenues & Volume, By Household Gloves, 2021-2031F |
6.2.5 India Glove Knitting Machines Market Revenues & Volume, By other, 2021-2031F |
7 India Glove Knitting Machines Market Import-Export Trade Statistics |
7.1 India Glove Knitting Machines Market Export to Major Countries |
7.2 India Glove Knitting Machines Market Imports from Major Countries |
8 India Glove Knitting Machines Market Key Performance Indicators |
8.1 Machine uptime percentage, indicating the efficiency of glove knitting machines |
8.2 Average production output per machine, reflecting productivity levels |
8.3 Percentage of defect-free gloves produced, showcasing the quality of machines and processes |
9 India Glove Knitting Machines Market - Opportunity Assessment |
9.1 India Glove Knitting Machines Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Glove Knitting Machines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Glove Knitting Machines Market - Competitive Landscape |
10.1 India Glove Knitting Machines Market Revenue Share, By Companies, 2024 |
10.2 India Glove Knitting Machines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |