Global Circular Knitting Machine Market - Growth, Trends, Covid-19 Impact and Forecasts (2022-2027)

The Global Circular Knitting Machine Market is segmented by Machine Type (Single Circular Knitting Machines, Double Circular Knitting Machines), by Application (Apparel Textiles, Home Textiles, Technical Textiles, Medical Textiles, Others) and by Geography (North America (United States, Mexico and Canada), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), Europe (Germany, France, United Kingdom, Italy, Spain, Benelux and Rest of Europe), Middle East & Africa (South Africa, Saudi Arabia, UAE and Rest of Middle East & Africa) and South America (Brazil and Rest of South America)). The report offers market size and forecasts for transportation infrastructure construction market in value (USD billion) for all above segments.

Market Snapshot

Circular Knitting Machine Market Size
Study Period: 2018-2027
Base Year: 2021
Fastest Growing Market: Asia-Pacific
Largest Market: Asia-Pacific
CAGR: 4 %
Circular Knitting Machine Market Key Players

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Market Overview

The Global Weaving Machinery Market is expected to grow at a CAGR of 4.0% over the forecast period of 2022-2027.

The COVID-19 had an impact on the product's demand-supply due to the closure of manufacturing plants, borders, and other various factors.

Rapid urbanization, increased apparel demand, textile industry automation, rising demand for fabric cloths, and a rise in disposable income are all key factors driving market revenue development. In many emerging countries, increased government investments in textile businesses are also driving market demand.

There has been a considerable increase in the demand for knitted apparel in diverse applications such as protective wear, sportswear, shapewear, casuals, and winter wear amongst others. Circular knitting machines are preferred for bulk production, as large diameter fabrics can be produced from circular knit beds. Moreover, technical textiles are increasingly being adopted into diverse industries. These technical textile fabrics are produced from the circular knitting machines with varied fabric constructions. Additionally, apparel manufacturers are looking forward to customized fabrics with complicated knitting construction patterns. These factors are expected to drive the global circular knitting machines market. Players in the global circular knitting machines market are challenged by the cheap quality machines which reduces the cost of production. These players can gain opportunistic market by expanding and entering into omni-channels for distribution network.

Scope of the Report

Circular knitting machines, also known as large circular knitting machines, are devices that generate tubular and seamless fabrics by knitting with circular needles and shaping the fabric by adjusting the tension or length of the knitting stitches. The Global Circular Knitting Machine Market is segmented by Machine Type (Single Circular Knitting Machines, Double Circular Knitting Machines), by Application (Apparel Textiles, Home Textiles, Technical Textiles, Medical Textiles, Others) and by Geography (North America (United States, Mexico and Canada), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), Europe (Germany, France, United Kingdom, Italy, Spain, Benelux and Rest of Europe), Middle East & Africa (South Africa, Saudi Arabia, UAE and Rest of Middle East & Africa) and South America (Brazil and Rest of South America)). The report offers market size and forecasts for transportation infrastructure construction market in value (USD billion) for all above segments.

By Machine Type
Single Circular Knitting Machines
Double Circular Knitting Machines
By Application
Apparel Textiles
Home Textiles
Technical Textiles
Medical Textiles
Others
By Region
North America
United States
Canada
Mexico
Europe
United Kingdom
France
Italy
Spain
Germany
Benelux
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of Asia-Pacific
Middle East & Africa
South Africa
Saudi Arabia
United Arab Emirates
Rest of Middle East & Africa
South America
Brazil
Rest of South America

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Key Market Trends

CAD Technology Fueling the Growth of the Market

The abbreviation of CAD is Computer Aided Design. CAD is widely used inwards textile industry. Like other subdivision of textile industry, CAD is also used inwards knitting. There is a year’s quondam history of knitwear. With the introduction of the computer, simulation of knitwear emerged equally a promising Champaign for the researchers. Simulating knitwear is to a greater extent than efficient in addition to a greater extent than realistic approach for novel developments. Thus, striking in addition to trials for production of samples on the machine is eliminated, which helped to salve fourth dimension in addition to money. It also makes possible to minimize errors, in addition to the blueprint tin flame hold upward transferred yesteryear a unmarried click from an reckoned to another. Simulation of knitted fabrics hence became a major question involvement inwards recent years. Applications of CAD inwards knitting tin flame hold upward broadly categorized equally follows: 

1. Knitting structures blueprint 

2. Design of knitting pattern shapes 

In starting fourth dimension technique, knitting structures design, or so criterion construction, are used to brand conventional designs similar the model of jacket, sweater, etc.

Circular Knitting Machine Market Share

Circular Knitwear Grows its Application in Winter Clothes

Customers today prefer products that not only cater to the season but also ensure comfort style. Hence, similar to the other segments in the fashion industry, winter wear preferences are increasingly gravitating towards lightweight casuals. This trend towards casual look and comfort wearing has contributed substantially to the elevated growth of knitwear compared to woven apparel.

Exceeding the expectations of the prourban populace, major fashion houses are introducing fabrics that keeps pace with the demands of the new generation. Talking about the present winter fashion trends and requirements of the people, both knitted and non-knitted winter wear are in high demand. It varies, depending on climate, customer’s lifestyle and customer’s budget. The grown rate in India, however, is around 7-8 percent per annum.

The established brands have realized the demand for knitwear and are introducing products that are specifically designed for the generation next.

Circular Knitting Machine Market Forecast

Competitive Landscape

The report covers the major players operating in the circular knitting machine market. In terms of market share, the companies in the global circular knitting machine market do not have a considerable amount of market share, as the market is highly competitive and fragmented.

Some of the leading companies around the world are Baiyuan Machine, Mayer & Cie, Terrot, Santoni, Fukuhara among others.

Recent Development

  • May 2021: In a development that will provide momentum to the modernisation of the Indian textile industry, A.T.E. and SMIT S.r.l. have entered an exclusive partnership for the promotion of SMIT’s advanced rapier looms in India.
  • 2021: Lisky has produced very special Sweat Fabrics Machine which also came to Bangladesh market in 2021.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of Study

  2. 2. RESEARCH METHODOLOGY

    1. 2.1 Analysis Methodology

    2. 2.2 Research Phases

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Current Market Scenario

    2. 4.2 Market Dynamics

      1. 4.2.1 Drivers

      2. 4.2.2 Restraints

      3. 4.2.3 Opportunities

      4. 4.2.4 Industry Attractiveness - Porter's Five Forces Analysis

        1. 4.2.4.1 Bargaining Power of Suppliers

        2. 4.2.4.2 Bargaining Power of Consumers

        3. 4.2.4.3 Threat of New Entrants

        4. 4.2.4.4 Threat of Substitutes

        5. 4.2.4.5 Intensity of Competitive Rivalry

    3. 4.3 Technological Trends

    4. 4.4 Government Regulations

    5. 4.5 Value Chain / Supply Chain Analysis

    6. 4.6 Impact of COVID-19 on the Market

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Machine Type

      1. 5.1.1 Single Circular Knitting Machines

      2. 5.1.2 Double Circular Knitting Machines

    2. 5.2 By Application

      1. 5.2.1 Apparel Textiles

      2. 5.2.2 Home Textiles

      3. 5.2.3 Technical Textiles

      4. 5.2.4 Medical Textiles

      5. 5.2.5 Others

    3. 5.3 By Region

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 France

        3. 5.3.2.3 Italy

        4. 5.3.2.4 Spain

        5. 5.3.2.5 Germany

        6. 5.3.2.6 Benelux

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 South Korea

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 Middle East & Africa

        1. 5.3.4.1 South Africa

        2. 5.3.4.2 Saudi Arabia

        3. 5.3.4.3 United Arab Emirates

        4. 5.3.4.4 Rest of Middle East & Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Overview (Overall Market Share, Market Concentration and Major Players, and Companies' Comparison Analysis)

    2. 6.2 Company Profiles

      1. 6.2.1 Baiyuan Machine

      2. 6.2.2 Mayer & Cie

      3. 6.2.3 Terrot

      4. 6.2.4 Santoni

      5. 6.2.5 Fukuhara

      6. 6.2.6 Pailung

      7. 6.2.7 Fukuhama

      8. 6.2.8 Wellknit

      9. 6.2.9 Santec Precision Machinery Co., Ltd.

      10. 6.2.10 Trutzschler

      11. 6.2.11 Senher

    3. *List Not Exhaustive
    4. 6.3 Other Companies (Overview/Key Information)

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. APPENDIX

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Frequently Asked Questions

The Global Circular Knitting Machine Market market is studied from 2018 - 2027.

The Global Circular Knitting Machine Market is growing at a CAGR of 4% over the next 5 years.

Asia-Pacific is growing at the highest CAGR over 2021- 2026.

Asia-Pacific holds highest share in 2021.

Baiyuan Machine, Mayer & Cie, Terrot, Santoni, Fukuhara are the major companies operating in Global Circular Knitting Machine Market.

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