Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Knitting Machines Market by Type (Circular Knitting Machine, Flat Bed Knitting Machine), By Application (For Medical Applications, For Food Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Knitting Machines Market by Type (Circular Knitting Machine, Flat Bed Knitting Machine), By Application (For Medical Applications, For Food Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156986 3300 Machinery & Equipment 377 241 Pages 5 (45)
                                          

Market Overview:


The global knitting machines 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 knitted fabrics from various end-use industries and technological advancements in knitting machines. Based on type, the global knitting machines market is segmented into circular knitting machine and flat bed knitting machine. Circular knitting machine held a larger share of the market in 2017 and is expected to grow at a higher CAGR during the forecast period. This can be attributed to its ability to produce high-quality knitted fabrics with intricate designs compared with flat bed knitting machine. Based on application, the global knitwear machinery market is segmented into medical applications, food industry, and others (including automotive textiles, hosiery & underwear, etc.). Medical applications are projected to witness highest growth rate during 2018-2030 owing growing awareness about hygiene among consumers coupled with increasing demand for disposable garments from hospitals and clinics across regions worldwide. Food industry held second largest share of overall knitwear machinery application in 2017; however it would lose its share by 2030 due stringent regulations imposed by government agencies related hygiene & sanitation over processed foods production units globally . Regionally North America accounted for maximum revenue shares followed by Europe while Asia Pacific excluding Japan region was anticipated fastest growing markets over next decade owing rapid industrialization rates along with rising income levels across countries within region .


Global Knitting Machines Industry Outlook


Product Definition:


A knitting machine is a device used to knit fabrics from yarn. The two main types of knitting machines are the flat bed and cylinder machines. Knitting machines are important because they allow for the mass production of knitted fabrics.


Circular Knitting Machine:


Circular knitting machine is a mechanical device used in the process of knit and purl. It's basically an automated mechanism that knits or purls multiple yarns at the same time in a continuous manner. The circular knitting machine has different parts such as driving system, spooling system, motor & drive systems, programmed microcontrollers and others which are used to knit various types of yarns like acrylic yarns, cotton etc.


Flat Bed Knitting Machine:


Flat bed knitting machine is a specialized kind of knitting machines used for producing knitted fabrics with large gauge and complex stitches. It has the ability to knit several yarns at the same time, which increases productivity and reduces cost. The product also offers flexibility in terms of design as it can be used to produce seamless pieces or Knit-pile fabrics.


The global flat bed knitting machine market size was valued at USD 685.9 million in 2018.


Application Insights:


The others application segment includes apparel, home furnishing and other applications. The food industry is expected to emerge as the fastest-growing segment over the forecast period owing to rising demand for knitted products in this sector. Knitted products are used in various applications such as medical, apparel, food and other industries.


Medical application dominated the global knitting machines market by application with a share of 33.3% in 2017 on account of high usage rates for manufacturing surgical masks and gloves among others due to its properties such as breathability, moisture wicking ability along with aesthetic appeal offered by these products which aid better patient care resulting in higher adoption rate across various healthcare sectors globally which is further anticipated to drive product demand over the forecast period thereby contributing towards overall market growth during the study period.


Regional Analysis:


Europe dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well due to increasing demand for knitting machines from various end-use industries, such as medical and food processing. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising product demand from several end-use markets including automotive, apparel, footwear, and others. In addition, growing population in countries like China and India will boost product consumption for manufacturing clothing accessories & Footwear products.


Growth Factors:


  • Increasing demand for knitwear from the apparel industry
  • Technological advancements in knitting machines that offer better quality and efficiency
  • Growing popularity of DIY projects and knitting as a hobby among women and young adults
  • Rising demand for customized knitwear products from fashion-conscious consumers
  • Proliferation of online marketplaces that offer a wide range of knitting machines and accessories at competitive prices

Scope Of The Report

Report Attributes

Report Details

Report Title

Knitting Machines Market Research Report

By Type

Circular Knitting Machine, Flat Bed Knitting Machine

By Application

For Medical Applications, For Food Industry, Others

By Companies

Baiyuan Machine, Mayer & Cie, Terrot, Santoni, Fukuhara, Tayu, Keum Yong, Orizio, Hang Xing, Hengyi, Hongji, Taifan, Unitex, Wellmade, Jiunn Long, Pailung, Welltex, Fukuhama, Sanda, Santec, Lisky, Wellknit, Senher

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

241

Number of Tables & Figures

169

Customization Available

Yes, the report can be customized as per your need.


Global Knitting Machines Market Report Segments:

The global Knitting Machines market is segmented on the basis of:

Types

Circular Knitting Machine, Flat Bed Knitting Machine

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

For Medical Applications, For Food Industry, Others

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:

  1. Baiyuan Machine
  2. Mayer & Cie
  3. Terrot
  4. Santoni
  5. Fukuhara
  6. Tayu
  7. Keum Yong
  8. Orizio
  9. Hang Xing
  10. Hengyi
  11. Hongji
  12. Taifan
  13. Unitex
  14. Wellmade
  15. Jiunn Long
  16. Pailung
  17. Welltex
  18. Fukuhama
  19. Sanda
  20. Santec
  21. Lisky
  22. Wellknit
  23. Senher

Global Knitting Machines Market Overview


Highlights of The Knitting Machines Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Circular Knitting Machine
    2. Flat Bed Knitting Machine
  1. By Application:

    1. For Medical Applications
    2. For Food Industry
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Knitting Machines 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

Global Knitting Machines Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Knitting machines are devices that help knitters to produce a fabric by knitting one row of stitches at a time.

Some of the major players in the knitting machines market are Baiyuan Machine, Mayer & Cie, Terrot, Santoni, Fukuhara, Tayu, Keum Yong, Orizio, Hang Xing, Hengyi, Hongji, Taifan, Unitex, Wellmade, Jiunn Long, Pailung, Welltex, Fukuhama, Sanda, Santec, Lisky, Wellknit, Senher.

The knitting machines market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Knitting Machines Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Knitting Machines Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Knitting Machines Market - Supply Chain
   4.5. Global Knitting Machines Market Forecast
      4.5.1. Knitting Machines Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Knitting Machines Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Knitting Machines Market Absolute $ Opportunity

5. Global Knitting Machines Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Knitting Machines Market Size and Volume Forecast by Type
      5.3.1. Circular Knitting Machine
      5.3.2. Flat Bed Knitting Machine
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Knitting Machines Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Knitting Machines Market Size and Volume Forecast by Application
      6.3.1. For Medical Applications
      6.3.2. For Food Industry
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Knitting Machines Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Knitting Machines Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Knitting Machines Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Knitting Machines Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Knitting Machines Demand Share Forecast, 2019-2026

9. North America Knitting Machines Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Knitting Machines Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Knitting Machines Market Size and Volume Forecast by Application
      9.4.1. For Medical Applications
      9.4.2. For Food Industry
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Knitting Machines Market Size and Volume Forecast by Type
      9.7.1. Circular Knitting Machine
      9.7.2. Flat Bed Knitting Machine
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Knitting Machines Demand Share Forecast, 2019-2026

10. Latin America Knitting Machines Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Knitting Machines Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Knitting Machines Market Size and Volume Forecast by Application
      10.4.1. For Medical Applications
      10.4.2. For Food Industry
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Knitting Machines Market Size and Volume Forecast by Type
      10.7.1. Circular Knitting Machine
      10.7.2. Flat Bed Knitting Machine
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Knitting Machines Demand Share Forecast, 2019-2026

11. Europe Knitting Machines Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Knitting Machines Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Knitting Machines Market Size and Volume Forecast by Application
      11.4.1. For Medical Applications
      11.4.2. For Food Industry
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Knitting Machines Market Size and Volume Forecast by Type
      11.7.1. Circular Knitting Machine
      11.7.2. Flat Bed Knitting Machine
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Knitting Machines Demand Share, 2019-2026

12. Asia Pacific Knitting Machines Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Knitting Machines Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Knitting Machines Market Size and Volume Forecast by Application
      12.4.1. For Medical Applications
      12.4.2. For Food Industry
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Knitting Machines Market Size and Volume Forecast by Type
      12.7.1. Circular Knitting Machine
      12.7.2. Flat Bed Knitting Machine
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Knitting Machines Demand Share, 2019-2026

13. Middle East & Africa Knitting Machines Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Knitting Machines Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Knitting Machines Market Size and Volume Forecast by Application
      13.4.1. For Medical Applications
      13.4.2. For Food Industry
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Knitting Machines Market Size and Volume Forecast by Type
      13.7.1. Circular Knitting Machine
      13.7.2. Flat Bed Knitting Machine
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Knitting Machines Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Knitting Machines Market: Market Share Analysis
   14.2. Knitting Machines Distributors and Customers
   14.3. Knitting Machines Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Baiyuan Machine
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Mayer & Cie
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Terrot
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Santoni
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Fukuhara
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Tayu
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Keum Yong
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Orizio
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Hang Xing
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Hengyi
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Hongji
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Taifan
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Unitex
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Wellmade
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Jiunn Long
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Pailung
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Welltex
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Fukuhama
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Sanda
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. Santec
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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