Product Code: ETC036405 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand Knitted Fabric Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 3.71% in 2025 and reaches 13.63% by 2029.
By 2027, Thailand's Knitted Fabric market is forecasted to achieve a stable growth rate of 4.89%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Thailand knitted fabric market is expected to grow at a steady rate during the forecast period of 2025-2031. The growth in this market can be attributed to the increasing demand for sports and athleisure apparel, growing population, and rising disposable income of middle-class households. Moreover, the government???s initiatives to promote regional textile industry are also driving the growth in this sector. Additionally, changes in consumer lifestyle and preferences have led to an increase in demand for comfortable yet stylish clothing which has further contributed towards boosting sales of knitted fabrics. Furthermore, technological advancements such as 3D knitting technology will propel market growth over the forecast period.
The trend of wearing athletic clothing as casual wear has gained tremendous popularity among consumers globally thereby driving up demand for knitwear fabrics that provide comfort with style. This shift from classic dressing styles towards sporty looks is being driven by many factors such as changing lifestyles and increased health consciousness among consumers across different age groups which has resulted into high sales volume of athleisure apparel across global markets over recent years. A steadily growing population coupled with higher disposable incomes has improved overall purchasing power amongst Thailand citizens leading to an increase in spending on fashion related products including apparels made from knitted fabrics resulting into market expansion over time.
Knitting industry largely depends on imported raw materials like yarns for production purposes; any fluctuation or rise in price may cause disruption or volatility throughout supply chain hence hampering overall business activities. Despite its huge potential Thailand domestic production capacities within knitting sector remain limited due mainly due cost competitiveness issues when compared against China; this may create problems with respect sourcing quality raw materials timely manner thus making it difficult sustain same level performance going forward.
The Covid-19 pandemic has had a significant impact on the knitted fabric market in Thailand. The demand for knitted fabrics has declined significantly due to the economic recession caused by the pandemic, affecting both manufacturers and retailers of knitted fabrics. This is primarily due to decreased consumer spending as people are more cautious about their finances. Furthermore, travel restrictions have led to lower international trade, further impacting the industry.
Key players in the Thailand Knitted Fabric Market include Saha Pathanapibul Public Co., LTD., Teijin Limited (Thailand), Chemson Group Co., Ltd., ABA Textile Company Limited, and DKSH Thailand Ltd. These companies offer a range of products such as cotton knitwear, synthetic yarns & fabrics, woolen knitwear etc. They also engage in contract manufacturing services for customers across different industries including automotive, construction and healthcare among others.
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 Thailand Knitted Fabric Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Knitted Fabric Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Knitted Fabric Market - Industry Life Cycle |
3.4 Thailand Knitted Fabric Market - Porter's Five Forces |
3.5 Thailand Knitted Fabric Market Revenues & Volume Share, By Construction Type, 2021 & 2031F |
3.6 Thailand Knitted Fabric Market Revenues & Volume Share, By Fabrics Type, 2021 & 2031F |
4 Thailand Knitted Fabric Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Knitted Fabric Market Trends |
6 Thailand Knitted Fabric Market, By Types |
6.1 Thailand Knitted Fabric Market, By Construction Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Knitted Fabric Market Revenues & Volume, By Construction Type, 2021-2031F |
6.1.3 Thailand Knitted Fabric Market Revenues & Volume, By Weft , 2021-2031F |
6.1.4 Thailand Knitted Fabric Market Revenues & Volume, By Wrap, 2021-2031F |
6.2 Thailand Knitted Fabric Market, By Fabrics Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Knitted Fabric Market Revenues & Volume, By Flat/Jersey, 2021-2031F |
6.2.3 Thailand Knitted Fabric Market Revenues & Volume, By Purl , 2021-2031F |
6.2.4 Thailand Knitted Fabric Market Revenues & Volume, By Rib Stitch, 2021-2031F |
6.2.5 Thailand Knitted Fabric Market Revenues & Volume, By Interlock , 2021-2031F |
7 Thailand Knitted Fabric Market Import-Export Trade Statistics |
7.1 Thailand Knitted Fabric Market Export to Major Countries |
7.2 Thailand Knitted Fabric Market Imports from Major Countries |
8 Thailand Knitted Fabric Market Key Performance Indicators |
9 Thailand Knitted Fabric Market - Opportunity Assessment |
9.1 Thailand Knitted Fabric Market Opportunity Assessment, By Construction Type, 2021 & 2031F |
9.2 Thailand Knitted Fabric Market Opportunity Assessment, By Fabrics Type, 2021 & 2031F |
10 Thailand Knitted Fabric Market - Competitive Landscape |
10.1 Thailand Knitted Fabric Market Revenue Share, By Companies, 2024 |
10.2 Thailand Knitted Fabric Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |