Market Overview:
The global underwear knitting machines 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 seamless underwear and sports underwear. Additionally, the growing population in developing countries 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. On the basis of type, the global underwear knitting machines market can be segmented into big round machine and seamless underwear knitting machine. The big round machine segment is expected to dominate this market during the forecast period owing to its ability to produce large volumes in a short time span. On the basis of application, ordinary underwear accounted for majority share in 2017 and is projected to maintain its dominance duringthe forecast period due its low cost as compared with other typesofunderwear such as sportsunderwearand swimsuit segments .
Product Definition:
Underwear knitting machines are used to knit underwear. They can produce a variety of different styles and sizes of underwear. The importance of underwear knitting machines is that they can produce large quantities of underwear quickly and efficiently.
Big Round Machine:
The global big round machine market size was valued at USD 6.5 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for seamless, wrinkle-free, and durable fabrics across various industries such as military & defense, medical textiles and apparel are anticipated to drive the growth of this industry over the next seven years.
Seamless Underwear Knitting Machine:
The seamless underwear knitting machine is used to knit seamless undergarments. Seamless underwear consists of one piece of knitted fabric with no seam along the centerline. The seamless underwear can be made using various types of yarns and needles according to the requirement.
Application Insights:
The ordinary underwear segment dominated the global undergarment knitting machines market in 2017. The growth of this segment can be attributed to increasing demand for seamless, soft and comfortable knitted products across the globe. Moreover, rising awareness about personal hygiene is also expected to have a positive impact on industry growth over the forecast period.
Sports underwear accounted for a significant share in 2017 and is expected to grow at a steady rate over the forecast period owing to high product demand from various application industries such as healthcare, military services and fitness centers among others. Furthermore, technological advancements that allow manufacturers to produce customized products are likely drive industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global underwear knitting machines market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing demand for technologically advanced products along with rising production of sports and ordinary undergarments in countries such as China, India, Bangladesh and Pakistan.
North America accounted for a significant share of revenue in 2017 owing to growing demand from various application segments including women's intimate wear, men's premium fitwear and socks & stockings among others. Europe also contributed significantly towards market growth due to high acceptance of innovative technologies coupled with preference for quality products made using eco-friendly materials such as bamboo charcoal fiber which helps reduce electricity consumption by up to 30%. Moreover, presence of leading manufacturers like P+F Italia Snaith is anticipated to boost regional growth over the forecast period.
Growth Factors:
- Increasing demand from the apparel industry for seamless underwear
- Growing popularity of activewear and athleisure wear
- Rising disposable income of consumers in developing countries
- Proliferation of online retail channels
- Technological advancements in knitting machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Underwear Knitting Machines Market Research Report
By Type
Big Round Machine, Seamless Underwear Knitting Machine
By Application
Ordinary Underwear, Sports Underwear, Swimsuit, Others
By Companies
Santoni, Shaoxing Jinhao Mechiney, SANGIACOMO, Dinema, Mageba, Tek-Ind, Leferon, Conti Complet, Quanzhou Jingmei, Cetme, Tecnopea
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Underwear Knitting Machines Market Report Segments:
The global Underwear Knitting Machines market is segmented on the basis of:
Types
Big Round Machine, Seamless Underwear 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
Ordinary Underwear, Sports Underwear, Swimsuit, 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:
- Santoni
- Shaoxing Jinhao Mechiney
- SANGIACOMO
- Dinema
- Mageba
- Tek-Ind
- Leferon
- Conti Complet
- Quanzhou Jingmei
- Cetme
- Tecnopea
Highlights of The Underwear Knitting Machines 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:
- Big Round Machine
- Seamless Underwear Knitting Machine
- By Application:
- Ordinary Underwear
- Sports Underwear
- Swimsuit
- 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 Underwear 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Underwear knitting machines are devices that knit underwear by using a series of needles to create the fabric. They are typically used in factories to produce large quantities of underwear quickly and efficiently.
Some of the major companies in the underwear knitting machines market are Santoni, Shaoxing Jinhao Mechiney, SANGIACOMO, Dinema, Mageba, Tek-Ind, Leferon, Conti Complet, Quanzhou Jingmei, Cetme, Tecnopea.
The underwear knitting machines market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Underwear 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. Underwear 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. Underwear Knitting Machines Market - Supply Chain
4.5. Global Underwear Knitting Machines Market Forecast
4.5.1. Underwear Knitting Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Underwear Knitting Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Underwear Knitting Machines Market Absolute $ Opportunity
5. Global Underwear 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. Underwear Knitting Machines Market Size and Volume Forecast by Type
5.3.1. Big Round Machine
5.3.2. Seamless Underwear Knitting Machine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Underwear 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. Underwear Knitting Machines Market Size and Volume Forecast by Application
6.3.1. Ordinary Underwear
6.3.2. Sports Underwear
6.3.3. Swimsuit
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Underwear 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. Underwear 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 Underwear 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. Underwear 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 Underwear Knitting Machines Demand Share Forecast, 2019-2026
9. North America Underwear 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 Underwear 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 Underwear Knitting Machines Market Size and Volume Forecast by Application
9.4.1. Ordinary Underwear
9.4.2. Sports Underwear
9.4.3. Swimsuit
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 Underwear Knitting Machines Market Size and Volume Forecast by Type
9.7.1. Big Round Machine
9.7.2. Seamless Underwear 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 Underwear Knitting Machines Demand Share Forecast, 2019-2026
10. Latin America Underwear 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 Underwear 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 Underwear Knitting Machines Market Size and Volume Forecast by Application
10.4.1. Ordinary Underwear
10.4.2. Sports Underwear
10.4.3. Swimsuit
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 Underwear Knitting Machines Market Size and Volume Forecast by Type
10.7.1. Big Round Machine
10.7.2. Seamless Underwear 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 Underwear Knitting Machines Demand Share Forecast, 2019-2026
11. Europe Underwear 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 Underwear 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 Underwear Knitting Machines Market Size and Volume Forecast by Application
11.4.1. Ordinary Underwear
11.4.2. Sports Underwear
11.4.3. Swimsuit
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 Underwear Knitting Machines Market Size and Volume Forecast by Type
11.7.1. Big Round Machine
11.7.2. Seamless Underwear Kntting 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 Underwear Knitting Machines Demand Share, 2019-2026
12. Asia Pacific Underwear 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 Underwear 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 Underwear Knitting Machines Market Size and Volume Forecast by Application
12.4.1. Ordinary Underwear
12.4.2. Sports Underwear
12.4.3. Swimsuit
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 Underwear Knitting Machines Market Size and Volume Forecast by Type
12.7.1. Big Round Machine
12.7.2. Seamless Underwear 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 Underwear Knitting Machines Demand Share, 2019-2026
13. Middle East & Africa Underwear 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 Underwear 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 Underwear Knitting Machines Market Size and Volume Forecast by Application
13.4.1. Ordinary Underwear
13.4.2. Sports Underwear
13.4.3. Swimsuit
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 Underwear Knitting Machines Market Size and Volume Forecast by Type
13.7.1. Big Round Machine
13.7.2. Seamless Underwear 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 Underwear Knitting Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Underwear Knitting Machines Market: Market Share Analysis
14.2. Underwear Knitting Machines Distributors and Customers
14.3. Underwear Knitting Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Santoni
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shaoxing Jinhao Mechiney
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SANGIACOMO
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dinema
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mageba
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tek-Ind
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Leferon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Conti Complet
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Quanzhou Jingmei
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cetme
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tecnopea
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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