Market Overview:
The global knitwear market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for knitwear from men, women, and kids across the globe. In addition, factors such as rising disposable income and changing lifestyle preferences are also contributing to the growth of this market. The global knitwear market is segmented on the basis of type into jumpers, tops, cardigans, turtlenecks, dresses & skirts. The jumper segment is expected to account for a major share in terms of revenue in 2018 and is projected to grow at a CAGR of 5% during the forecast period from 2018-2030. This can be attributed to its growing popularity among men and women across all age groups due to its comfortability and versatility.
Product Definition:
A knitted garment is a piece of clothing that has been made by knitting. Knitting is a process in which yarn or thread is drawn through a series of loops in order to create fabric.
Jumpers:
Jumper is a type of garment which is generally worn as an outerwear. It can be used for casual wear or for more formal purposes. The growth factor in the knitwear market is that it can be easily converted into different styles and lengths, making it popular among women of all ages. Additionally, these are easy to wash and maintain; thus gaining popularity among working class people who do not have much time to spend on dressing up properly.
Tops:
Tops are the upper part of a garment, which is generally worn as an independent unit with a dress or with other garments. It can be further categorized into three types: fitted, non-fitted and gathered. The basic function of tops is to provide additional coverage over the chest area in women’s fashion apparel and to offer extra protection against cold weather in men’s clothing.
Application Insights:
The women's application segment accounted for the largest share of more than 50.0% in 2017. The growth can be attributed to increasing demand for versatile and fashionable clothing among working class women in emerging economies including China, India, Bangladesh and Pakistan. Furthermore, rising demand for casual wear among working class women in developed countries including the U.S., Canada and France is expected to boost product consumption over the forecast period.
The kid's application segment is expected to witness significant growth over the forecast period owing to rising awareness about health issues associated with traditional clothing such as heatstroke caused due to excessive exposure during summer months when traditional clothes are worn without proper ventilation or when playing outside without any safety gears such as helmets.
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of over 30% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for stylish and comfortable clothing products among consumers, along with rising popularity for luxury fashion brands.
Asia Pacific is anticipated to register the highest CAGR from 2018 to 2030 due to growing consumer awareness regarding latest fashion trends and designs, along with rising purchasing power of consumers. In addition, increasing number of retail outlets catering specifically towards knitwear products will also drive regional growth over the forecast period. Increasing production facilities by international companies as well as rapid urbanization are some other factors driving regional growth at a significant pace.
Growth Factors:
- Increasing demand from the fashion industry for knitwear products.
- Growing popularity of knitwear among young people.
- Rising disposable income of consumers in developing countries.
- Technological advancements in knitting technology that improve the quality and design of knitwear products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Knitwear Market Research Report
By Type
Jumpers, Tops, Cardigans, Turtlenecks, Dresses & Skirts
By Application
Men's, Women's, Kid's
By Companies
Chanel, Dior, Prada, Adidas, Carhartt, Champion, Fox, Gildan, Hanes, Hollister, Chanel, Louis Vuitton, Burberry, Pierre Cardin, UA, Zara, PUMA, Lining, 361°, Uniqlo, H&M
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Knitwear Market Report Segments:
The global Knitwear market is segmented on the basis of:
Types
Jumpers, Tops, Cardigans, Turtlenecks, Dresses & Skirts
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
Men's, Women's, Kid's
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:
- Chanel
- Dior
- Prada
- Adidas
- Carhartt
- Champion
- Fox
- Gildan
- Hanes
- Hollister
- Chanel
- Louis Vuitton
- Burberry
- Pierre Cardin
- UA
- Zara
- PUMA
- Lining
- 361°
- Uniqlo
- H&M
Highlights of The Knitwear 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:
- Jumpers
- Tops
- Cardigans
- Turtlenecks
- Dresses & Skirts
- By Application:
- Men's
- Women's
- Kid's
- 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 Knitwear 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Knitwear is clothing made from knitting yarn.
Some of the major players in the knitwear market are Chanel, Dior, Prada, Adidas, Carhartt, Champion, Fox, Gildan, Hanes, Hollister, Chanel, Louis Vuitton, Burberry, Pierre Cardin, UA, Zara, PUMA, Lining, 361°, Uniqlo, H&M.
The knitwear 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 Knitwear 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 Knitwear Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Knitwear 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 Knitwear 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 Knitwear Market Size & Forecast, 2018-2028 4.5.1 Knitwear Market Size and Y-o-Y Growth 4.5.2 Knitwear Market Absolute $ Opportunity
Chapter 5 Global Knitwear 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 Knitwear Market Size Forecast by Type
5.2.1 Jumpers
5.2.2 Tops
5.2.3 Cardigans
5.2.4 Turtlenecks
5.2.5 Dresses & Skirts
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Knitwear 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 Knitwear Market Size Forecast by Applications
6.2.1 Men's
6.2.2 Women's
6.2.3 Kid's
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Knitwear 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 Knitwear 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 Knitwear Analysis and Forecast
9.1 Introduction
9.2 North America Knitwear 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 Knitwear Market Size Forecast by Type
9.6.1 Jumpers
9.6.2 Tops
9.6.3 Cardigans
9.6.4 Turtlenecks
9.6.5 Dresses & Skirts
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 Knitwear Market Size Forecast by Applications
9.10.1 Men's
9.10.2 Women's
9.10.3 Kid's
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 Knitwear Analysis and Forecast
10.1 Introduction
10.2 Europe Knitwear 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 Knitwear Market Size Forecast by Type
10.6.1 Jumpers
10.6.2 Tops
10.6.3 Cardigans
10.6.4 Turtlenecks
10.6.5 Dresses & Skirts
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 Knitwear Market Size Forecast by Applications
10.10.1 Men's
10.10.2 Women's
10.10.3 Kid's
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 Knitwear Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Knitwear 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 Knitwear Market Size Forecast by Type
11.6.1 Jumpers
11.6.2 Tops
11.6.3 Cardigans
11.6.4 Turtlenecks
11.6.5 Dresses & Skirts
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 Knitwear Market Size Forecast by Applications
11.10.1 Men's
11.10.2 Women's
11.10.3 Kid's
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 Knitwear Analysis and Forecast
12.1 Introduction
12.2 Latin America Knitwear 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 Knitwear Market Size Forecast by Type
12.6.1 Jumpers
12.6.2 Tops
12.6.3 Cardigans
12.6.4 Turtlenecks
12.6.5 Dresses & Skirts
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 Knitwear Market Size Forecast by Applications
12.10.1 Men's
12.10.2 Women's
12.10.3 Kid's
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) Knitwear Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Knitwear 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) Knitwear Market Size Forecast by Type
13.6.1 Jumpers
13.6.2 Tops
13.6.3 Cardigans
13.6.4 Turtlenecks
13.6.5 Dresses & Skirts
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) Knitwear Market Size Forecast by Applications
13.10.1 Men's
13.10.2 Women's
13.10.3 Kid's
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 Knitwear Market: Competitive Dashboard
14.2 Global Knitwear Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chanel
14.3.2 Dior
14.3.3 Prada
14.3.4 Adidas
14.3.5 Carhartt
14.3.6 Champion
14.3.7 Fox
14.3.8 Gildan
14.3.9 Hanes
14.3.10 Hollister
14.3.11 Chanel
14.3.12 Louis Vuitton
14.3.13 Burberry
14.3.14 Pierre Cardin
14.3.15 UA
14.3.16 Zara
14.3.17 PUMA
14.3.18 Lining
14.3.19 361°
14.3.20 Uniqlo
14.3.21 H&M