Market Overview:
The global tricot 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 technical textiles in various end-use industries such as automotive, apparel, home textiles, and sports textiles. In terms of type, the global tricot machine market is segmented into five guide bars, four guide bars, and three guide bars segments. The five guide bar segment is expected to dominate the global tricot machine market during the forecast period owing to its high efficiency and productivity as compared to other types of machines.
Product Definition:
A tricot machine is a knitting machine that produces a fabric with a ribbed surface.
5 Guide Bars:
5 guide bars are used in tricot machine for cutting the fabric. It is a tool that helps to maintain the tension on the yarn during cutting process. The product has an adjustable range from 0 to 5 bars and can be changed accordingly depending upon requirement of yarn tension. These products have applications in different types of machines such as manual, semi-automatic, and automatic cutters based on customer requirements.
4 Guide Bars:
4 guide bars are used in tricot machine for cutting the fabric. It is a small metal bar with four holes in it, which is used to measure the length of the fabric. The 4 guide bars are fixed at one end of the machine and they can be attached to any type of spooling mechanism that comes with this equipment.
Application Insights:
The technical textiles segment is expected to witness the fastest growth over the forecast period. The increasing demand for innovative and high-tech products is one of the key factors driving product demand in this application segment. In addition, technological developments such as digitization are further expected to propel industry growth over the coming years.
The home textile sector accounted for a significant share in 2016 owing to rising applications of tricot fabric in bedding, upholstery and carpets industries across regions. Furthermore, growing consumer preference for luxury fabrics including tricot machine washable is anticipated to boost market growth over next seven years globally.
Tricots have excellent recovery properties which makes them suitable for use in sports clothing & accessories as well as activewear & sportswear applications due largely to their moisture wicking ability along with other functionalities such as UV protection and antimicrobial treatment properties that enhance product durability.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is anticipated to grow at a significant rate over the forecast period. This growth can be attributed to increasing demand from developing countries such as China, India, Bangladesh, Pakistan, etc. In addition, rising investments by multinational companies are also contributing towards regional growth.
Growth Factors:
- Increasing demand from the apparel industry for seamless garments
- Growing popularity of Tricot Machine as a substitute to traditional fabrics
- Rising investments by leading players in R&D to develop innovative products
- Proliferation of online retail platforms that offer a wider range of tricot machines at competitive prices
- Growing awareness about the benefits of using tricot machines among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Tricot Machine Market Research Report
By Type
5 Guide Bars, 4 Guide Bars, 3 Guide Bars
By Application
Automotive Textiles, Apparel Textiles, Home Textiles, Sports Textiles, Technical Textiles
By Companies
Karl Mayer, Voltas, COMEZ(Jakob Muller), Santoni, Taiwan Giu Chun, Duksoo Machinery, Jingwei Textile Machinery, Ruanyuan, Wuyang Textile Machinery, Xingang Textile Machinery, Diba Textile Machinery, Longlongsheng, Changde Textile Machinery, A&L Simonyan German Engineering, Jakob Müller AG
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Tricot Machine Market Report Segments:
The global Tricot Machine market is segmented on the basis of:
Types
5 Guide Bars, 4 Guide Bars, 3 Guide Bars
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
Automotive Textiles, Apparel Textiles, Home Textiles, Sports Textiles, Technical Textiles
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:
- Karl Mayer
- Voltas
- COMEZ(Jakob Muller)
- Santoni
- Taiwan Giu Chun
- Duksoo Machinery
- Jingwei Textile Machinery
- Ruanyuan
- Wuyang Textile Machinery
- Xingang Textile Machinery
- Diba Textile Machinery
- Longlongsheng
- Changde Textile Machinery
- A&L Simonyan German Engineering
- Jakob Müller AG
Highlights of The Tricot 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:
- 5 Guide Bars
- 4 Guide Bars
- 3 Guide Bars
- By Application:
- Automotive Textiles
- Apparel Textiles
- Home Textiles
- Sports Textiles
- Technical Textiles
- 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 Tricot 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 tricot machine is a type of sewing machine that creates three-dimensional fabric pieces from two-dimensional fabric sheets.
Some of the major players in the tricot machine market are Karl Mayer, Voltas, COMEZ(Jakob Muller), Santoni, Taiwan Giu Chun, Duksoo Machinery, Jingwei Textile Machinery, Ruanyuan, Wuyang Textile Machinery, Xingang Textile Machinery, Diba Textile Machinery, Longlongsheng, Changde Textile Machinery, A&L Simonyan German Engineering, Jakob MƒÂ¼ller AG.
The tricot machine market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tricot 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. Tricot Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tricot Machine Market - Supply Chain
4.5. Global Tricot Machine Market Forecast
4.5.1. Tricot Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tricot Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tricot Machine Market Absolute $ Opportunity
5. Global Tricot 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. Tricot Machine Market Size and Volume Forecast by Type
5.3.1. 5 Guide Bars
5.3.2. 4 Guide Bars
5.3.3. 3 Guide Bars
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tricot 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. Tricot Machine Market Size and Volume Forecast by Application
6.3.1. Automotive Textiles
6.3.2. Apparel Textiles
6.3.3. Home Textiles
6.3.4. Sports Textiles
6.3.5. Technical Textiles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tricot 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. Tricot 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 Tricot 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. Tricot 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 Tricot Machine Demand Share Forecast, 2019-2029
9. North America Tricot 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 Tricot 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 Tricot Machine Market Size and Volume Forecast by Application
9.4.1. Automotive Textiles
9.4.2. Apparel Textiles
9.4.3. Home Textiles
9.4.4. Sports Textiles
9.4.5. Technical Textiles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tricot Machine Market Size and Volume Forecast by Type
9.7.1. 5 Guide Bars
9.7.2. 4 Guide Bars
9.7.3. 3 Guide Bars
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 Tricot Machine Demand Share Forecast, 2019-2029
10. Latin America Tricot 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 Tricot 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 Tricot Machine Market Size and Volume Forecast by Application
10.4.1. Automotive Textiles
10.4.2. Apparel Textiles
10.4.3. Home Textiles
10.4.4. Sports Textiles
10.4.5. Technical Textiles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tricot Machine Market Size and Volume Forecast by Type
10.7.1. 5 Guide Bars
10.7.2. 4 Guide Bars
10.7.3. 3 Guide Bars
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 Tricot Machine Demand Share Forecast, 2019-2029
11. Europe Tricot 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 Tricot 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 Tricot Machine Market Size and Volume Forecast by Application
11.4.1. Automotive Textiles
11.4.2. Apparel Textiles
11.4.3. Home Textiles
11.4.4. Sports Textiles
11.4.5. Technical Textiles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tricot Machine Market Size and Volume Forecast by Type
11.7.1. 5 Guide Bars
11.7.2. 4 Guide Bars
11.7.3. 3 Guide Bars
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 Tricot Machine Demand Share, 2019-2029
12. Asia Pacific Tricot 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 Tricot 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 Tricot Machine Market Size and Volume Forecast by Application
12.4.1. Automotive Textiles
12.4.2. Apparel Textiles
12.4.3. Home Textiles
12.4.4. Sports Textiles
12.4.5. Technical Textiles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tricot Machine Market Size and Volume Forecast by Type
12.7.1. 5 Guide Bars
12.7.2. 4 Guide Bars
12.7.3. 3 Guide Bars
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 Tricot Machine Demand Share, 2019-2029
13. Middle East & Africa Tricot 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 Tricot 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 Tricot Machine Market Size and Volume Forecast by Application
13.4.1. Automotive Textiles
13.4.2. Apparel Textiles
13.4.3. Home Textiles
13.4.4. Sports Textiles
13.4.5. Technical Textiles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tricot Machine Market Size and Volume Forecast by Type
13.7.1. 5 Guide Bars
13.7.2. 4 Guide Bars
13.7.3. 3 Guide Bars
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 Tricot Machine Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Tricot Machine Market: Market Share Analysis
14.2. Tricot Machine Distributors and Customers
14.3. Tricot Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Karl Mayer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Voltas
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMEZ(Jakob Muller)
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. Taiwan Giu Chun
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Duksoo Machinery
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jingwei Textile Machinery
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ruanyuan
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wuyang Textile Machinery
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Xingang Textile Machinery
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Diba Textile Machinery
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Longlongsheng
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Changde Textile Machinery
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. A&L Simonyan German Engineering
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jakob Müller AG
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook