Market Overview:
The global large circular knitting machine 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 circular knitting machines from various end-use industries such as apparel textiles, home textiles, and technical textiles. In addition, the growing demand for circular knitting machines in Asia Pacific and Middle East & Africa is also contributing to the growth of this market. However, factors such as high initial investment and lack of skilled labor are restraining the growth of this market.
Product Definition:
A large circular knitting machine is a knitting machine that is used to create large pieces of fabric, such as blankets or carpets.
Single Circular Knitting Machines:
Single circular knitting machines are used to knit one single piece at a time. It is mainly used in the manufacturing of jumpers, cardigans and other similar garments where only one size is required at a time. The growth factor for this market would be due to its application in large circular knitting machine industry which knits many pieces simultaneously with different sizes using needles of different sizes.
Double Circular Knitting Machines:
Double circular knitting machines are used in large circular knitting machine to knit two needles at a time. It is also known as double treadling machine or two-armature knitting machine. The market for double circular knitting machines is expected to witness significant growth over the forecast period owing to its ability of producing high quality fabrics with minimum wastage and increased productivity.
Application Insights:
The apparel textiles segment led the global large circular knitting machine market in 2017. This is attributed to increasing demand for ready-to-wear clothing among consumers, especially in developed economies such as the U.S., Germany, and France. In addition, a growing number of fashion designers focusing on creating innovative designs for men¢â‚¬â„¢s and women¢â‚¬â„¢s apparels is expected to propel industry growth over the forecast period.
The home textile application segment is anticipated to register a significant CAGR of XX% from 2018 to 2030 owing to rising demand for home furnishing products including carpets and rugs made using yarns spun by large knitting machines. Furthermore, increasing consumer disposable income levels coupled with changing lifestyles are likely drive product adoption across various end-use industries including upholstery fabrics used in sofas and chairs among others applications globally over the coming years.
Regional Analysis:
Asia Pacific dominated the global large circular knitting machine market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for technical textiles and apparel textiles. In addition, rising disposable income coupled with growing population in countries such as China and India are anticipated to drive product demand further.
Europe accounted for a significant share of revenue in 2017 owing to high product penetration across various application segments including home textile, apparel textile, technical textile among others.
Growth Factors:
- Increasing demand for circular knitting machines from the apparel industry as they are used for producing various types of fabrics such as sweaters, T-shirts, and socks.
- The growing popularity of circular knitting machines among small and medium-sized businesses due to their low cost and easy operability.
- Rising demand for technologically advanced circular knitting machines that offer features such as programmability and automatic fabric feeding systems.
- Growing investments by leading players in the research & development of new circular knitting machine technologies to cater to the evolving needs of consumers worldwide. 5) The increasing use of circular knitting machines in medical applications such as compression garments, orthopedic braces, and wound dressings
Scope Of The Report
Report Attributes
Report Details
Report Title
Large Circular Knitting Machine Market Research Report
By Type
Single Circular Knitting Machines, Double Circular Knitting Machines
By Application
Apparel Textiles, Home Textiles, Technical Textiles, Others
By Companies
Pailung, Baiyuan Machine, Mayer & Cie, Terrot, Santoni, Fukuhara, Tayu, Wellmade, Orizio, Hang Xing, Hengyi, Hongji, Taifan, Sanda, Unitex, Nan Sing Machinery, Jiunn Long, Welltex, Fukuhama, Wellknit, Santec
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Large Circular Knitting Machine Market Report Segments:
The global Large Circular Knitting Machine market is segmented on the basis of:
Types
Single Circular Knitting Machines, Double Circular Knitting Machines
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
Apparel Textiles, Home Textiles, Technical Textiles, 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:
- Pailung
- Baiyuan Machine
- Mayer & Cie
- Terrot
- Santoni
- Fukuhara
- Tayu
- Wellmade
- Orizio
- Hang Xing
- Hengyi
- Hongji
- Taifan
- Sanda
- Unitex
- Nan Sing Machinery
- Jiunn Long
- Welltex
- Fukuhama
- Wellknit
- Santec
Highlights of The Large Circular Knitting 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:
- Single Circular Knitting Machines
- Double Circular Knitting Machines
- By Application:
- Apparel Textiles
- Home Textiles
- Technical Textiles
- Others
- 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 Large Circular Knitting 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.
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?
A large circular knitting machine is a type of knitting machine that can knit large pieces of fabric, such as sweaters or blankets. These machines typically have multiple needles and a larger wheel than other types of knitting machines, which makes them faster and easier to use.
Some of the key players operating in the large circular knitting machine market are Pailung, Baiyuan Machine, Mayer & Cie, Terrot, Santoni, Fukuhara, Tayu, Wellmade, Orizio, Hang Xing, Hengyi, Hongji, Taifan, Sanda, Unitex, Nan Sing Machinery, Jiunn Long, Welltex, Fukuhama, Wellknit, Santec.
The large circular knitting machine market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Large Circular Knitting Machine 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. Large Circular Knitting Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Large Circular Knitting Machine Market - Supply Chain
4.5. Global Large Circular Knitting Machine Market Forecast
4.5.1. Large Circular Knitting Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Large Circular Knitting Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Large Circular Knitting Machine Market Absolute $ Opportunity
5. Global Large Circular Knitting Machine 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. Large Circular Knitting Machine Market Size and Volume Forecast by Type
5.3.1. Single Circular Knitting Machines
5.3.2. Double Circular Knitting Machines
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Large Circular Knitting Machine 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. Large Circular Knitting Machine Market Size and Volume Forecast by Application
6.3.1. Apparel Textiles
6.3.2. Home Textiles
6.3.3. Technical Textiles
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Large Circular Knitting Machine 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. Large Circular Knitting Machine 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 Large Circular Knitting Machine 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. Large Circular Knitting Machine 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 Large Circular Knitting Machine Demand Share Forecast, 2019-2029
9. North America Large Circular Knitting Machine 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 Large Circular Knitting Machine 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 Large Circular Knitting Machine Market Size and Volume Forecast by Application
9.4.1. Apparel Textiles
9.4.2. Home Textiles
9.4.3. Technical Textiles
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Large Circular Knitting Machine Market Size and Volume Forecast by Type
9.7.1. Single Circular Knitting Machines
9.7.2. Double Circular Knitting Machines
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 Large Circular Knitting Machine Demand Share Forecast, 2019-2029
10. Latin America Large Circular Knitting Machine 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 Large Circular Knitting Machine 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 Large Circular Knitting Machine Market Size and Volume Forecast by Application
10.4.1. Apparel Textiles
10.4.2. Home Textiles
10.4.3. Technical Textiles
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Large Circular Knitting Machine Market Size and Volume Forecast by Type
10.7.1. Single Circular Knitting Machines
10.7.2. Double Circular Knitting Machines
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 Large Circular Knitting Machine Demand Share Forecast, 2019-2029
11. Europe Large Circular Knitting Machine 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 Large Circular Knitting Machine 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 Large Circular Knitting Machine Market Size and Volume Forecast by Application
11.4.1. Apparel Textiles
11.4.2. Home Textiles
11.4.3. Technical Textiles
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Large Circular Knitting Machine Market Size and Volume Forecast by Type
11.7.. Single Circular Knitting Machines
11.7.2. Double Circular Knitting Machines
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 Large Circular Knitting Machine Demand Share, 2019-2029
12. Asia Pacific Large Circular Knitting Machine 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 Large Circular Knitting Machine 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 Large Circular Knitting Machine Market Size and Volume Forecast by Application
12.4.1. Apparel Textiles
12.4.2. Home Textiles
12.4.3. Technical Textiles
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Large Circular Knitting Machine Market Size and Volume Forecast by Type
12.7.1. Single Circular Knitting Machines
12.7.2. Double Circular Knitting Machines
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 Large Circular Knitting Machine Demand Share, 2019-2029
13. Middle East & Africa Large Circular Knitting Machine 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 Large Circular Knitting Machine 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 Large Circular Knitting Machine Market Size and Volume Forecast by Application
13.4.1. Apparel Textiles
13.4.2. Home Textiles
13.4.3. Technical Textiles
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Large Circular Knitting Machine Market Size and Volume Forecast by Type
13.7.1. Single Circular Knitting Machines
13.7.2. Double Circular Knitting Machines
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 Large Circular Knitting Machine Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Large Circular Knitting Machine Market: Market Share Analysis
14.2. Large Circular Knitting Machine Distributors and Customers
14.3. Large Circular Knitting Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pailung
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Baiyuan Machine
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mayer & Cie
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Terrot
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Santoni
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fukuhara
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Tayu
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Wellmade
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Orizio
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hang Xing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hengyi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hongji
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Taifan
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sanda
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Unitex
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Nan Sing Machinery
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Jiunn Long
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Welltex
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Fukuhama
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Wellknit
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook