Circular Knitting Machine Market Outlook: Complete Industry Analysis (2024 to 2031

The "Circular Knitting Machine Market" prioritizes cost control and efficiency enhancement. Additionally, the reports cover both the demand and supply sides of the market. The Circular Knitting Machine market is anticipated to grow at an annual rate of 14.4% from 2024 to 2031.

This entire report is of 143 pages.

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Circular Knitting Machine Market Outlook and Report Coverage 

Circular knitting machines are widely utilized in the textile industry for producing seamless tubular fabric. These machines are known for their efficiency and versatility in creating a wide range of knitted products such as sweaters, socks, and hosiery. With advancements in technology and rising demand for seamless garments, the circular knitting machine market is experiencing significant growth. The market is expected to witness a steady increase in revenue, driven by the expanding textile industry and growing adoption of automation in manufacturing processes. Manufacturers are also focusing on developing innovative machines to cater to the evolving needs of the industry, further propelling market growth.

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Market Trends influencing the Circular Knitting Machine market 

- Adoption of digital technologies: Circular knitting machines are now equipped with digital controls, sensors, and automation to improve productivity and quality.

- Sustainable materials: Growing consumer preference for sustainable and eco-friendly fabrics is driving manufacturers to develop circular knitting machines that can work with recycled fibers.

- Industry : Integration of IoT, big data analytics, and artificial intelligence in circular knitting machines for predictive maintenance and process optimization.

- Multi-functionality: Machines with the ability to produce a wide range of knit fabrics, from basic jersey to complex jacquard designs.

- Customization: Demand for personalized and unique knitwear is prompting manufacturers to invest in machines that can customize patterns and sizes efficiently.

Circular Knitting Machine Market Key Companies & Share Insights 

Circular Knitting Machine is a type of machinery used in the textile industry to create seamless tubes of fabric. Companies like Baiyuan Machine, Mayer & Cie, Terrot, Santoni, and others have been leading players in the market with their innovative technologies and high-quality machines. These market leaders have a strong presence and reputation in the industry, making them preferred choices for textile producers.

New entrants like Keum Yong, Hang Xing, and Wellmade are also making their mark in the Circular Knitting Machine market with their competitive pricing and advanced features. These companies bring fresh perspectives and technologies to the market, encouraging growth and innovation.

Through strategic partnerships, collaborations, and investments in research and development, these companies can collectively help to grow the Circular Knitting Machine market by introducing new products, improving existing technologies, and expanding into new regions. Their combined efforts can drive market growth, attract new customers, and ultimately, propel the industry forward.

• Baiyuan Machine
• Mayer & Cie
• Terrot
• Santoni
• Fukuhara
• Tayu
• Keum Yong
• Orizio
• Hang Xing
• Hengyi
• Hongji
• Taifan
• Unitex
• Wellmade
• Jiunn Long
• Pailung
• Welltex
• Fukuhama
• Sanda
• Santec
• Lisky
• Wellknit
• Senher

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Market Segmentation 2024 to 2031:

 In terms of Product Type, the Circular Knitting Machine market is segmented into:

• Single Jersey
• Double Jersey
• Single Jersey Jacquard
• Double Jersey Jacquard

Circular knitting machines are widely used in the textile industry for producing various types of knitted fabrics. The main types of circular knitting machines include: single jersey, double jersey, single jersey jacquard, and double jersey jacquard. Single jersey machines are used for producing basic knit fabrics, while double jersey machines are used for creating more complex and thicker fabrics. Jacquard machines can produce intricate designs and patterns, making them popular for high-end fashion products. These different types of circular knitting machines cater to a wide range of fabric requirements, boosting the demand for circular knitting machines in the market.

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In terms of Product Application, the Circular Knitting Machine market is segmented into:

• Athletic
• Apparel
• Industrial
• Others

Circular knitting machines are widely used in various industries such as athletic, apparel, industrial, and others. In the athletic industry, the machines are used to produce seamless garments with high stretchability and breathability. In the apparel industry, they are used to create clothing items like t-shirts, socks, and leggings. In the industrial sector, circular knitting machines are utilized for producing technical textiles like geotextiles and automotive fabrics. The fastest-growing application segment in terms of revenue is the athletic industry, as the demand for sportswear and athleisure clothing continues to rise globally. Circular knitting machines play a crucial role in meeting this increasing demand efficiently and cost-effectively.

Regional Analysis of Circular Knitting Machine Market

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The circular knitting machine market is expected to witness significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The market is expected to be dominated by Asia-Pacific, particularly countries like China, Japan, and South Korea, due to the presence of a large textile manufacturing industry in these regions. Asia-Pacific is expected to hold the largest market share percent valuation in the circular knitting machine market. Europe, especially countries like Germany and Italy, is also expected to have a significant market share. North America and Latin America are expected to contribute to the growth of the market as well.

Key Drivers and Barriers in the Circular Knitting Machine Market 

Key drivers propelling the Circular Knitting Machine Market include increasing demand for seamless garments, advanced knitting technologies, and growing awareness about sustainable and eco-friendly production. To overcome barriers and challenges faced by the industry, innovative solutions such as the development of smart and automated knitting machines, integration of IoT and AI technologies for real-time monitoring and control, and collaboration with software developers for improved design and production processes can be implemented. These solutions will help enhance efficiency, reduce production costs, and meet the evolving demands of the textile industry.

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