Global Warp Knitting Machine Market Size study & Forecast, by Machine Type (Tricot Knit, Raschel Knit, Crochet Knit, Milanese Knit), by Application (Apparel Textiles, Home Textiles, Technical Textiles, Automotive Textiles, Others) and Regional Analysis, 2

Global Warp Knitting Machine Market Size study & Forecast, by Machine Type (Tricot Knit, Raschel Knit, Crochet Knit, Milanese Knit), by Application (Apparel Textiles, Home Textiles, Technical Textiles, Automotive Textiles, Others) and Regional Analysis, 2022-2029

Global Warp Knitting Machine Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2029. Warp Knitting Machine Warp Knitting Machines are the single needle bar machines and double needle bar machines. These are available in variety of ranges of various gauges and widths. The Warp Knitting Machine market is expanding because of factors such as increasing demand for warp knitting machines and rising demand for the knitted sportswear products. The market dominated by Karl Mayer, Santoni S.p.A, Wuyang Textile Machinery (China) Co Ltd, Comez and others. The Warp Knitting Machine is expected to grow, catering to the fact of technological advancements in the Warp Knitting Machine and strategic initiatives by the private players in the market.

According to World Federation of Sporting Goods Industry, the Global Knitwear Market is expected to go to USD 800 Billion, by the year end 2025 from USD 670 Billion, in the year 2021. This is since of Knitwear being in short supply. Further, owing to its various features in the Sports Goods Industry: easy breathability, wrinkling resistance, and water wicking, the demand for the Warp Knitting Machine has led to its rising demand in the forecast period. Additionally, it is softer and more comfortable than woven textiles, this in turn is increasing its demand in a wide range of applications. However, high cost of Warp Knitting Machines may halt market growth.

The key regions considered for the Global Warp Knitting Machine Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to its changing fashion preferences in the trends, coupled with affordability of the product at a competitive price point. North America is expected to grow significantly during the forecast period, owing to its rising preference among celebrities and other consumer.

Major market player included in this report are:
Karl Mayer
Jakob Muller AG
Santoni S.p.A.
Taiwan Giu Chun Ind. Co., Ltd
Wuyang Textile Machinery (China) Co. Ltd.
Changzhou Runyuan Warp Knitting Machinery Co., Ltd
COMEZ
Jingwei textile machinery
Ruanyuan
Terrot GmbH

Recent Developments in the Market:
 In April 2022, Loro Piana: LVMH brand manufacturing the luxury knitwear, launched a new store. The main objective of this launch was to grow its customer base, market share and to bring its design, marketing, administrative departments in a sync. Thus, with this launch the company will enhance its geographical presence and reinforce its overall structure in the forecast period.
 In December 2021, three new products of Wuyang Textile Machinery passed the appraisal of scientific and technological achievements. This further includes ""GE288/5 intelligent cashmere double needle bed warp knitting machine"" and "" GE2290 jacquard warp knitting machine"" and ""SMJ- Ⅲ CNC Mesh Fabric Warp Knitting Machine."" With this appraisal the company will enhance its geographical presence and reinforce its overall structure in the long run.

Global Warp Knitting Machine Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Machine Type, Application and Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Machine Type:
Tricot Knit
Raschel Knit
Crochet Knit
Milanese Knit

By Application:
Apparel Textiles
Home Textiles
Technical Textiles
Automotive Textiles
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned

Karl Mayer
Jakob Muller AG
Santoni S.p.A.
Taiwan Giu Chun Ind. Co., Ltd
Wuyang Textile Machinery (China) Co. Ltd.
Changzhou Runyuan Warp Knitting Machinery Co., Ltd
COMEZ
Jingwei textile machinery
Ruanyuan
Terrot GmbH

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