| Product Code: ETC036407 | Publication Date: Jul 2023 | Updated Date: Feb 2026 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In 2024, Singapore`s knitted fabric market witnessed a -44.51% decline in imports compared to 2023. However, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a positive 7.81%. This significant import momentum shift can be attributed to evolving demand patterns or potential changes in trade policies impacting market stability.

In the Asia region, the Knitted Fabric market in Singapore is projected to expand at a stable growth rate of 0.01% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

The Singapore knitted fabric market is expected to register a CAGR of 5.5% during the forecast period from 2020 to 2026. The region has been witnessing an increase in demand for knitted fabrics, owing to their superior durable properties and varied designs available. In addition, rising consumer preferences for lightweight and breathable fabrics have further augmented market growth. Furthermore, increasing production of sportswear apparel with high-performance fabrics is also anticipated to drive the knitted fabric market in this region over the coming years.
Increasing demand for strETChable and comfortable fabric options across garment manufacturing industries are driving the growth of Singapore knitted fabric market Growing disposable income among consumers coupled with changing lifestyle trends have led to increased product innovation activities in order meet consumer demands Increasing use of ecofriendly materials such as organic cotton and bamboo fibers have significantly contributed towards increasing adoption rates of these textiles among sustainable fashion brands.
Price fluctuations due to unpredictable raw material prices may hinder investments from foreign players into this industry.High cost involved in procuring quality yarns as well as large amounts required for producing large batches are likely act as key restraint on revenue generation opportunities.
KG Denim India Ltd., Tian Yuan Garment Co., Ltd, Far Eastern New Century Corporation (FENC), PT Garmindo Tekstil Maju Abadi Indonesia, JCT Limited are the major players.
The outbreak of Covid 19 had a negative impact on the global economy which directly affected many sectors including textile & apparel industry across all countries, leading manufacturers like KG Denim India Ltd., Tian Yuan Garment Co., Ltd ETC, witnessed decline in revenues due to closure or slowdown operations due to pandemic situation disruption caused by Covid 19 crisis worldwide.Despite these factors however, there has been some recovery experienced post second quarter following relaxation measures taken up by governments after first wave lockdown.This resurgence is attributed mainly towards rise ecommerce platforms, bringing convenience shopping option at doorsteps customers which helped boost sales within sector.
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 Singapore Knitted Fabric Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Knitted Fabric Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Knitted Fabric Market - Industry Life Cycle |
3.4 Singapore Knitted Fabric Market - Porter's Five Forces |
3.5 Singapore Knitted Fabric Market Revenues & Volume Share, By Construction Type, 2020 & 2030F |
3.6 Singapore Knitted Fabric Market Revenues & Volume Share, By Fabrics Type, 2020 & 2030F |
4 Singapore Knitted Fabric Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Knitted Fabric Market Trends |
6 Singapore Knitted Fabric Market, By Types |
6.1 Singapore Knitted Fabric Market, By Construction Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Knitted Fabric Market Revenues & Volume, By Construction Type, 2020-2030F |
6.1.3 Singapore Knitted Fabric Market Revenues & Volume, By Weft , 2020-2030F |
6.1.4 Singapore Knitted Fabric Market Revenues & Volume, By Wrap, 2020-2030F |
6.2 Singapore Knitted Fabric Market, By Fabrics Type |
6.2.1 Overview and Analysis |
6.2.2 Singapore Knitted Fabric Market Revenues & Volume, By Flat/Jersey, 2020-2030F |
6.2.3 Singapore Knitted Fabric Market Revenues & Volume, By Purl , 2020-2030F |
6.2.4 Singapore Knitted Fabric Market Revenues & Volume, By Rib Stitch, 2020-2030F |
6.2.5 Singapore Knitted Fabric Market Revenues & Volume, By Interlock , 2020-2030F |
7 Singapore Knitted Fabric Market Import-Export Trade Statistics |
7.1 Singapore Knitted Fabric Market Export to Major Countries |
7.2 Singapore Knitted Fabric Market Imports from Major Countries |
8 Singapore Knitted Fabric Market Key Performance Indicators |
9 Singapore Knitted Fabric Market - Opportunity Assessment |
9.1 Singapore Knitted Fabric Market Opportunity Assessment, By Construction Type, 2020 & 2030F |
9.2 Singapore Knitted Fabric Market Opportunity Assessment, By Fabrics Type, 2020 & 2030F |
10 Singapore Knitted Fabric Market - Competitive Landscape |
10.1 Singapore Knitted Fabric Market Revenue Share, By Companies, 2023 |
10.2 Singapore Knitted Fabric Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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