Market Overview:
The global circular hosiery machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for circular hosiery machines from industrial, commercial, and residential applications, and the growing awareness about hygiene and comfort among consumers. The global circular hosiery machine market is segmented on the basis of type into fully automatic and semi-automatic machines. The fully automatic segment is expected to account for a larger share of the market in 2018 owing to its high efficiency and low maintenance requirements. On the basis of application, the market is segmented into industrial, commercial, and residential applications. The industrial application segment is expected to account for a larger share of the global circular hosiery machine market in 2018 due to rising demand from textile manufacturers across regions.
Product Definition:
A circular hosiery machine is a type of knitting machine that is used to create socks, stockings, and other hosiery items. This type of machine typically has multiple needles that work in unison to create the fabric. The importance of a circular hosiery machine lies in its ability to produce high-quality socks and stockings in a relatively short amount time. Additionally, this type of machine can be used to produce a variety of sizes and styles for different types of garments.
Fully Automatic:
Fully automatic circular knitting machine is also known as fully automated hosiery machine. It's a type of knitting machines which can knit different types of fabrics such as stockinette, garter, plain stocking and tube socks. The fully automatic circular hosiery knitting machine has the ability to knit multi-colored yarns with different sizes and types of needles in various patterns. These machines are used for producing high quality customized socks at a faster rate than other conventional methods.
Semi Automatic:
Semi automatic is a type of knitting machine which can knit two yarns at the same time. It can be used to make socks, gloves, jumpers and other types of garments. The semi-automatic circular knitting machine has a dial with several settings along with some fixed needles or spool holders for casting on and off different sized yarns.
Application Insights:
The industrial application segment led the global circular hosiery machine market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for work wear products from various industries including oil & gas, mining, automotive and construction among others. Circular hosiery machines are used in several processes such as spinning, knitting, dyeing and felting among others to improve product quality and efficiency resulting in higher adoption of these machines across different industries worldwide.
The commercial application segment is expected to witness a CAGR of XX% over the forecast period owing to rising adoption across various sectors such as hospitality, healthcare services.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing product demand in countries, such as China and India. In addition, rising disposable income levels in these countries will drive the product demand further. Furthermore, expansion of manufacturing facilities by prominent players due to low labor costs is anticipated to propel market growth over the forecast period.
Europe Circular Hosiery Machine Market Size, Share & Trends Analysis Report By Country (Germany, U.K.
The European circular hosiery machine market was dominated by Germany that accounted for 31% share of total revenue in 2017 owing high consumption volume generated through domestic application segmentation including industrial and commercial sectors across various regions within Europe such as Western Europe including France and Italy; Central Europe including Austria; Eastern Europe including Russia;.
Growth Factors:
- Increasing demand for circular hosiery machines from the apparel industry as it offers high production efficiency and accuracy.
- The growing popularity of seamless hosiery, which requires circular knitting machines for production.
- Rising investments by leading players in research and development to develop innovative products and technologies that can improve the efficiency of circular knitting machines.
- Growing demand for customized hosiery products that can be produced with the help of circular knitting machines.
Scope Of The Report
Report Attributes
Report Details
Report Title
Circular Hosiery Machine Market Research Report
By Type
Fully Automatic, Semi Automatic
By Application
Industrial, Commercial, Residential
By Companies
Baiyuan Machine, Mayer and Cie, Terrot, Unitex, Fukuhara Industrial and Trading, Tayu Machine, Keumyong Machinery, Orizio, Wellmade, Quanzhou Hengyi, JinJiang Hong Ji, TaiFan Machinery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Circular Hosiery Machine Market Report Segments:
The global Circular Hosiery Machine market is segmented on the basis of:
Types
Fully Automatic, Semi Automatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baiyuan Machine
- Mayer and Cie
- Terrot
- Unitex
- Fukuhara Industrial and Trading
- Tayu Machine
- Keumyong Machinery
- Orizio
- Wellmade
- Quanzhou Hengyi
- JinJiang Hong Ji
- TaiFan Machinery
Highlights of The Circular Hosiery Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fully Automatic
- Semi Automatic
- By Application:
- Industrial
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Circular Hosiery Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A circular hosiery machine is a type of knitting machine that knits socks in a continuous loop. It has several needles that move around the circumference of the knitting tube, creating one sock at a time.
Some of the key players operating in the circular hosiery machine market are Baiyuan Machine, Mayer and Cie, Terrot, Unitex, Fukuhara Industrial and Trading, Tayu Machine, Keumyong Machinery, Orizio, Wellmade, Quanzhou Hengyi, JinJiang Hong Ji, TaiFan Machinery.
The circular hosiery machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Circular Hosiery Machine Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Circular Hosiery Machine Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Circular Hosiery Machine Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Circular Hosiery Machine Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Circular Hosiery Machine Market Size & Forecast, 2020-2028 4.5.1 Circular Hosiery Machine Market Size and Y-o-Y Growth 4.5.2 Circular Hosiery Machine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fully Automatic
5.2.2 Semi Automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Circular Hosiery Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Circular Hosiery Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fully Automatic
9.6.2 Semi Automatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fully Automatic
10.6.2 Semi Automatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fully Automatic
11.6.2 Semi Automatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fully Automatic
12.6.2 Semi Automatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fully Automatic
13.6.2 Semi Automatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Circular Hosiery Machine Market: Competitive Dashboard
14.2 Global Circular Hosiery Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Baiyuan Machine
14.3.2 Mayer and Cie
14.3.3 Terrot
14.3.4 Unitex
14.3.5 Fukuhara Industrial and Trading
14.3.6 Tayu Machine
14.3.7 Keumyong Machinery
14.3.8 Orizio
14.3.9 Wellmade
14.3.10 Quanzhou Hengyi
14.3.11 JinJiang Hong Ji
14.3.12 TaiFan Machinery