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Knitting Machines Market By Machine Type (Weft Knitting Machine, Warp Knitting Machine), By Application (Automotive Fabrics, Home Textiles, Medical Textiles, Sports & Leisurewear, Swimwear, Technical Textiles, Clothing Textiles) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027

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Increasing Investment in Knitting Machines is expected to boost the overall Market Growth.

The global knitting machines market was valued at US$ 6.79 Bn in 2018 and is expected to reach US$ 10.84 Bn by 2027, expanding at a CAGR of 5.3% during the forecast from 2019 to 2027. Knitting accounted for more than 30% of the total fabric production in the global textile market in 2018. Therefore, constant innovation in knitting technology, such as new machine designs and multi-gauge technologies, has restored the textile market from the global financial crash from 2007 to 2008. Besides this, significant investment by market players in nylon knitting, automated knitting plants, and other new knitting technologies has also prominently driven market growth. For example, in February 2017, Texollini Inc. invested US$ 2 million in installing a new circular knitting machine and new dyeing and finishing machine. In addition, the ever-changing clothing trend has triggered the knitting machine market players to transform the knitwear industry from functional to fashionable.

Market Synopsis

Medical Textile Segment is predicted to witness lucrative growth during the Forecast Period.

Medical textile is an unavoidable segment of the healthcare industry. Continuous innovation in medical textiles has significantly driven the knitting machine market in the medical sector. Non-woven textiles presently dominate the total medical textile industry with around 60% consumption share. However, knitted fabrics are the basic structure for developing high-tech medical textiles such as medical patches, artificial blood vessels, and scaffolds for tissue engineering. In the wake of the same, knitted medical textiles are expected to grapple closely with the non-woven textiles and project the fastest growth of the segment in years to come. Furthermore, increasing demand for high-tech textiles in the healthcare segment has provided lucrative opportunities for knitting machine manufacturers. Increasing awareness regarding its unique benefits and versatile applications are the other important factors that have prominently triggered market growth.

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The Asia Pacific is projected to garner the Highest Growth during the Forecast Period.

The Asia Pacific is the most lucrative region for the global knitting machines market and shows glimpses of being one of the dominating regions during the forecast period. The region’s robust growth is primarily driven by the steep growth of the region’s automobile, clothing, and healthcare sectors. Prominent growth in the above-mentioned sectors has magnificently increased the demand for knitted fabrics in Asian countries. Additionally, the Asian knitters are also focusing on their regional expansion. For instance, in July 2019, a Hong Kong manufacturer, Wai Chi Kai Knitting Company, invested US$ 1 Bn in its new manufacturing site in Vietnam.

Day by day, knitted products are gaining pace in South Asian countries. For example, in 2018, Bangladesh claimed that 40% of its total export earnings are from knitted products. But, on the contrary, increasing yarn prices coupled with increased production costs are expected to hinder the knitted products market growth in some south Asian countries.

Key Players & Competitive Landscape:

The burgeoning demand for knitted fabrics has upended the textile industry within the past few years. As a result, several new players are entering the market to capitalize on this lucrative business opportunity. On the other hand, market leaders are maintaining their strong footprint in the market by advancing their value chain and adopting new automation features and seamless manufacturing in knitting technology. In addition, the market players are also focused on regional expansion to avail the attractive opportunities offered by the government of developing nations in the knitted fabrics market, such as low labor costs and favorable regulations.

Some of the prominent players listed in the global knitting machines market report include Shima Seiki Mfg Ltd., Santoni S.p.A., Sangiacomo, Pai Lung Machinery Mill Co. Inc., Terrot GmbH, Karl Mayer Textilmaschinenfabrik GmbH, Groz Beckert KG, Mayer & Cie. GmbH & Co. KG (MCT), Orizio S.r.l., Monarch Knitting Machinery Corp., H. Stoll AG & Co. KG, Steiger Participations Sa, Matsuya Industries, Keum Yong Textile Machinery, and Busi Giovanni S.r.l. among others.

Historical & Forecast Period

This research study provides qualitative and quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, CAGR (Compounded Annual Growth Rate) for each component and sub-segment is calculated for the forecast period from 2019 to 2027.

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Report Scope by Segments

The knitting machines market research offers market size and forecasts based on market dynamics and predominant trends shaping the industry. In addition, the report provides an all-around view of the global knitting machines market based on machine type, applications, and geography.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Knitting Machines Market
2.2. Global KM Market, by Machine Type, 2018 (US$ Bn)
2.3. Global KM Market, by Application, 2018 (US$ Bn)
2.4. Global KM Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global KM Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Knitting Machines (KM) Market, by Machine Type, 2017-2027 (US$ Bn)
4.1. Overview
4.2. Weft Knitting Machine
4.3. Warp Knitting Machine

5. Global Knitting Machines (KM) Market, by Application, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Automotive Fabrics
5.3. Home Textiles
5.4. Medical Textiles
5.5. Sports & Leisurewear
5.6. Swimwear
5.7. Technical Textiles
5.8. Clothing Textiles (Underwear, Men & Women Apparels, Woolen wears)

6. North America Knitting Machines (KM) Market Analysis, 2017-2027 (US$ Bn)
6.1. Overview
6.1.1. North America KM Market Value and Growth, 2017-2027, (US$ Bn)
6.2. North America KM Market Value, By Machine Type, 2017-2027 (US$ Bn)
6.2.1. Weft Knitting Machine
6.2.2. Warp Knitting Machine
6.3. North America KM Market Value, By Application, 2017-2027 (US$ Bn)
6.3.1. Automotive Fabrics
6.3.2. Home Textiles
6.3.3. Medical Textiles
6.3.4. Sports & Leisurewear
6.3.5. Swimwear
6.3.6. Technical Textiles
6.3.7. Clothing Textiles (Underwear, Men & Women Apparels, Woolen wears)
6.4. North America KM Market Value, By Country/ Region, 2017-2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America

7. Europe Knitting Machines (KM) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. Europe KM Market Value and Growth, 2017-2027, (US$ Bn)
7.2. Europe KM Market Value, By Machine Type, 2017-2027 (US$ Bn)
7.2.1. Weft Knitting Machine
7.2.2. Warp Knitting Machine
7.3. Europe KM Market Value, By Application, 2017-2027 (US$ Bn)
7.3.1. Automotive Fabrics
7.3.2. Home Textiles
7.3.3. Medical Textiles
7.3.4. Sports & Leisurewear
7.3.5. Swimwear
7.3.6. Technical Textiles
7.3.7. Clothing Textiles (Underwear, Men & Women Apparels, Woolen wears)
7.4. Europe KM Market Value, By Country/ Region, 2017-2027 (US$ Bn)
7.4.1. Market Analysis
7.4.2. U.K.
7.4.3. Germany
7.4.4. France
7.4.5. Rest of Europe

8. Asia Pacific Knitting Machines (KM) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Asia Pacific KM Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Asia Pacific KM Market Value, By Machine Type, 2017-2027 (US$ Bn)
8.2.1. Weft Knitting Machine
8.2.2. Warp Knitting Machine
8.3. Asia Pacific KM Market Value, By Application, 2017-2027 (US$ Bn)
8.3.1. Automotive Fabrics
8.3.2. Home Textiles
8.3.3. Medical Textiles
8.3.4. Sports & Leisurewear
8.3.5. Swimwear
8.3.6. Technical Textiles
8.3.7. Clothing Textiles (Underwear, Men & Women Apparels, Woolen wears)
8.4. Asia Pacific KM Market Value, By Country/ Region, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.4.2. Japan
8.4.3. China
8.4.4. India
8.4.5. Rest of Asia Pacific

9. Rest of the World Knitting Machines (KM) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Rest of the World KM Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Rest of the World KM Market Value, By Machine Type, 2017-2027 (US$ Bn)
9.2.1. Weft Knitting Machine
9.2.2. Warp Knitting Machine
9.3. Rest of the World KM Market Value, By Application, 2017-2027 (US$ Bn)
9.3.1. Automotive Fabrics
9.3.2. Home Textiles
9.3.3. Medical Textiles
9.3.4. Sports & Leisurewear
9.3.5. Swimwear
9.3.6. Technical Textiles
9.3.7. Clothing Textiles (Underwear, Men & Women Apparels, Woolen wears)
9.4. Rest of the World Knitting Machines Market Value, By Region, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.4.2. Middle East & Africa
9.4.3. Latin America

10. Company Profiles
10.1. Shima Seiki Mfg Ltd.
10.2. Santoni S.p.A.
10.3. Sangiacomo
10.4. Pai Lung Machinery Mill Co. Inc.
10.5. Terrot GmbH
10.6. Karl Mayer Textilmaschinenfabrik GmbH
10.7. Groz Beckert KG
10.8. Mayer & Cie. GmbH & Co. KG (MCT)
10.9. Orizio S.r.l.
10.10. Monarch Knitting Machinery Corp.
10.11. H. Stoll AG & Co. KG
10.12. Steiger Participations Sa
10.13. Matsuya Industries
10.14. Keum Yong Textile Machinery
10.15. Busi Giovanni S.r.l.

List of Figures

FIG. 1 Global Knitting Machines (KM) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global KM Market Segmentation
FIG. 4 Global KM Market, by Machine Type, 2018 (US$ Bn)
FIG. 5 Global KM Market, by Application, 2018 (US$ Bn)
FIG. 6 Global KM Market, by Geography, 2018 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2018
FIG. 8 Global Market Positioning of Key KM Market Players, 2018
FIG. 9 Global KM Market Value Share, by Machine Type, 2018 & 2027 (Value %)
FIG. 10 Global KM Market for Weft Knitting Machine, 2017–2027 (US$ Bn)
FIG. 11 Global KM Market for Warp Knitting Machine, 2017–2027 (US$ Bn)
FIG. 12 Global KM Market Value Share, by Application, 2018 & 2027 (Value %)
FIG. 13 Global KM Market for Automotive Fabrics, 2017–2027 (US$ Bn)
FIG. 14 Global KM Market for Home Textiles, 2017–2027 (US$ Bn)
FIG. 15 Global KM Market for Medical Textiles, 2017–2027 (US$ Bn)
FIG. 16 Global KM Market for Sports & Leisurewear, 2017–2027 (US$ Bn)
FIG. 17 Global KM Market for Swimwear, 2017–2027 (US$ Bn)
FIG. 18 Global KM Market for Technical Textiles, 2017–2027 (US$ Bn)
FIG. 19 Global KM Market for Clothing Textiles, 2017–2027 (US$ Bn)
FIG. 20 North America KM Market, 2017–2027 (US$ Bn)
FIG. 21 Europe KM Market, 2017–2027 (US$ Bn)
FIG. 22 Asia Pacific KM Market, 2017–2027 (US$ Bn)
FIG. 23 RoW KM Market, 2017–2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Knitting Machines (KM) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global KM Market, by Machine Type, 2017–2027 (US$ Bn)
TABLE 5 Global KM Market, by Application, 2017–2027 (US$ Bn)
TABLE 6 Global KM Market, by Geography, 2017–2027 (US$ Bn)
TABLE 7 North America KM Market, by Machine Type, 2017–2027 (US$ Bn)
TABLE 8 North America KM Market, by Application, 2017–2027 (US$ Bn)
TABLE 9 North America KM Market, by Country/ Region, 2017–2027 (US$ Bn)
TABLE 10 Europe KM Market, by Machine Type, 2017–2027 (US$ Bn)
TABLE 11 Europe KM Market, by Application, 2017–2027 (US$ Bn)
TABLE 12 Europe KM Market, by Country/ Region, 2017–2027 (US$ Bn)
TABLE 13 Asia Pacific KM Market, by Machine Type, 2017–2027 (US$ Bn)
TABLE 14 Asia Pacific KM Market, by Application, 2017–2027 (US$ Bn)
TABLE 15 Asia Pacific KM Market, by Country/ Region, 2017–2027 (US$ Bn)
TABLE 16 Rest of the World KM Market, by Machine Type, 2017–2027 (US$ Bn)
TABLE 17 Rest of the World KM Market, by Application, 2017–2027 (US$ Bn)
TABLE 18 Rest of the World KM Market, by Region, 2017–2027 (US$ Bn)
TABLE 19 Shima Seiki Mfg Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 20 Santoni S.p.A. : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 21 Sangiacomo: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 22 Pai Lung Machinery Mill Co. Inc. : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 Terrot GmbH: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 Karl Mayer Textilmaschinenfabrik GmbH: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 Groz Beckert KG: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Mayer & Cie. GmbH & Co. KG (MCT) : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27 Orizio S.r.l. : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28 Monarch Knitting Machinery Corp. : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 H. Stoll AG & Co. KG: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 30 Steiger Participations Sa: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 31 Matsuya Industries: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 32 Keum Yong Textile Machinery: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 33 Busi Giovanni S.r.l. : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

Frequently Asked Questions

What is the size of Knitting Machines Market?

The market for Knitting Machines is expected to reach US$ 6.79 Bn in 2027.

What is the Knitting Machines Market CAGR?

The Knitting Machines market is expected to see significant CAGR growth over the coming years, at 5.3%.

What is the Forecast period considered for Knitting Machines Market?

The report is forecasted from 2019-2027.

What is the base year considered for Knitting Machines Market?

The base year of this report is 2018.

Who are the major players in this market?

Shima Seiki Mfg Ltd., Santoni S.p.A., Sangiacomo, Pai Lung Machinery Mill Co. Inc., Terrot GmbH, Karl Mayer Textilmaschinenfabrik GmbH, Groz Beckert KG, Mayer & Cie. GmbH & Co. KG (MCT), Orizio S.r.l. are some of the major players in the global market.

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