The global market for Knitted Fabrics was estimated at US$30.6 Billion in 2023 and is projected to reach US$45.5 Billion by 2030, growing at a CAGR of 5.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
How Are Technological Advancements in Knitting Techniques Influencing the Market?
The knitted fabrics market is undergoing significant changes, driven by technological advancements in knitting techniques that are enhancing fabric quality, texture, and functionality. Innovations such as 3D knitting, seamless knitting, and digital knitting are allowing manufacturers to produce more intricate and high-performance fabrics that cater to a wide range of applications. These advanced techniques offer benefits such as reduced material wastage, faster production cycles, and the ability to create complex designs with varied textures and patterns. The adoption of these technologies is particularly strong in the sportswear, fashion, and medical textiles segments, where there is a high demand for custom-designed, breathable, and stretchable fabrics. As these technologies continue to evolve, they are expected to open new opportunities for growth and innovation in the knitted fabrics market.Why Is the Demand for Sustainable and Eco-Friendly Knitted Fabrics Rising?
The demand for sustainable and eco-friendly knitted fabrics is rising as consumers and brands increasingly prioritize sustainability and environmental responsibility. The fashion and textile industries are under growing pressure to reduce their environmental impact, leading to a surge in demand for knitted fabrics made from organic cotton, recycled polyester, bamboo, and other eco-friendly materials. Sustainable production processes, such as waterless dyeing and zero-waste knitting, are also gaining traction among manufacturers looking to minimize their carbon footprint and appeal to eco-conscious consumers. This shift towards sustainability is driving innovation in fabric production and encouraging collaboration between textile producers, fashion brands, and technology companies to develop new, environmentally friendly knitted fabrics.How Are Changing Consumer Preferences Shaping the Knitted Fabrics Market?
Changing consumer preferences are significantly shaping the knitted fabrics market, particularly in the fashion and apparel sectors. Modern consumers are looking for comfortable, functional, and versatile clothing that can be worn across various settings, from casual to formal and activewear. This demand is leading to an increased focus on knitted fabrics that offer comfort, stretchability, moisture-wicking properties, and durability. Athleisure, a trend that blends athletic and leisure wear, is particularly driving demand for knitted fabrics that combine style and functionality. Additionally, the rising trend of customization and personalization in fashion is pushing manufacturers to produce a diverse range of knitted fabrics that cater to unique consumer needs and preferences.How Is the Growth in the Knitted Fabrics Market Driven by Several Factors?
The growth in the knitted fabrics market is driven by several factors, including advancements in knitting technology, increasing demand for sustainable textiles, and evolving consumer preferences. The development of new knitting techniques, such as 3D and seamless knitting, is enhancing the quality and versatility of knitted fabrics, making them suitable for a variety of applications. The growing focus on sustainability and eco-friendly materials is driving demand for organic and recycled knitted fabrics, particularly among environmentally conscious consumers and brands. Additionally, the popularity of athleisure and the trend towards more comfortable, functional clothing are boosting the demand for knitted fabrics that offer enhanced comfort, stretch, and breathability. The expansion of the textile and fashion industries in emerging markets and the adoption of digital and automated knitting solutions are further propelling market growth.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Weft-Knit Fabrics segment, which is expected to reach US$27.0 Billion by 2030 with a CAGR of a 5.6%. The Warp-Knit Fabrics segment is also set to grow at 6.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was valued at $8.2 Billion in 2023, and China, forecasted to grow at an impressive 9.2% CAGR to reach $10.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Knitted Fabrics Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Knitted Fabrics Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Knitted Fabrics Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Clover Knits, Inc., Damodar Menon International Pvt Ltd., Gehring-Tricot Corporation, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 58 Featured):
- Clover Knits, Inc.
- Damodar Menon International Pvt Ltd.
- Gehring-Tricot Corporation
- Guilford
- Jason Mills LLC
- Krishna Overseas
- Macra Lace Company
- Rebtex, Inc.
- SAS Textiles
- William J. Dixon Company, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Clover Knits, Inc.
- Damodar Menon International Pvt Ltd.
- Gehring-Tricot Corporation
- Guilford
- Jason Mills LLC
- Krishna Overseas
- Macra Lace Company
- Rebtex, Inc.
- SAS Textiles
- William J. Dixon Company, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 281 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 30.6 Billion |
Forecasted Market Value ( USD | $ 45.5 Billion |
Compound Annual Growth Rate | 5.8% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |