Large Circular Knitting Machine Market 2024-2028
The large circular knitting machine market is forecasted to grow by USD 372.9 mn during 2023-2028, accelerating at a CAGR of 5.5% during the forecast period. The report on the large circular knitting machine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health benefits of knitting and doing fiber crafts, investment in textile manufacturing, and growing sales of knitting fabrics from social media.
Technavio's large circular knitting machine market is segmented as below:
By Application
- Apparel and fashion
- Technical textiles
- Home textiles
By Technology
- Automatic or computerized circular knitting machines
- Manual or mechanical circular knitting machines
- Smart circular knitting machines
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the growing collaborations as one of the prime reasons driving the large circular knitting machine market growth during the next few years. Also, growing sustainable solutions and innovating knitting machines will lead to sizable demand in the market.
The report on the large circular knitting machine market covers the following areas:
- Large Circular Knitting Machine Market sizing
- Large Circular Knitting Machine Market forecast
- Large Circular Knitting Machine Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading large circular knitting machine market vendors that include Fujian Baiyuan Machinery Co Ltd, FUJIAN TAIFAN INDUSTRIAL Co Ltd., FUKUHARA INDUSTRIAL and TRADING Co Ltd, karl mayer stoll textilmaschinenfabrik Gmbh, Kauo Heng Precision Machinery Industrial Co Ltd., KEUMYONG MACHINERY Co Ltd., Lisky Technology Co Ltd., Mayer & Cie. GmbH & Co. KG, ORIZIO Srl, Santoni Spa, SHIMA SEIKI MFG Ltd., Tayu Machine, Terrot Textilmaschinen GmbH, United Texmac Pte Ltd., Vanguard Pailung, and Wellknit Textile Technology Co ltd.. Also, the large circular knitting machine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.