The global market for Knitting Machines was estimated at US$5.0 Billion in 2024 and is projected to reach US$6.2 Billion by 2030, growing at a CAGR of 3.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Knitting Machines market.
Segments: Type (Warp Knitting Machines, Weft Knitting Machines); Knit Type (Single Knit Type, Double Knit Type); Mode of Operation (Manual Operation, Semi-Automatic Operation, Fully Automatic Operation); End-Use (Automotive Textiles End-Use, Sports Textiles End-Use, Apparel Textiles End-Use, Home Textiles End-Use, Other End-Uses); Distribution Channel (Direct Sales Distribution Channel, Indirect Sales Distribution Channel)
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
Global Knitting Machines Market - Key Trends & Drivers Summarized
How Are Knitting Machines Evolving to Meet Industry Demands?
The knitting machines market has undergone significant transformation, driven by advancements in automation, digitalization, and sustainable textile production. Traditional manual knitting machines are increasingly being replaced by computerized and high-speed automatic knitting systems that enhance efficiency and accuracy. These modern machines cater to a wide range of applications, from apparel and home textiles to industrial fabrics and medical textiles. Flat knitting machines, circular knitting machines, and warp knitting machines are the primary types in demand, each catering to different production needs. The increasing adoption of computer-controlled knitting machines has streamlined the manufacturing process, allowing for intricate patterns, seamless designs, and complex knitting techniques with minimal human intervention. The growing popularity of customized and on-demand knitwear production has further driven the shift toward advanced knitting technology. Additionally, manufacturers are focusing on improving machine durability, reducing maintenance costs, and enhancing energy efficiency to meet the rising demand for cost-effective and eco-friendly production solutions. The integration of real-time monitoring systems and predictive maintenance technologies is helping textile manufacturers optimize productivity while reducing downtime.Is Smart Technology Transforming the Knitting Industry?
The integration of smart technology into knitting machines is revolutionizing textile production by increasing efficiency, precision, and customization. Computerized knitting machines equipped with AI-driven design software enable seamless pattern creation and real-time adjustments, significantly reducing material waste and production errors. IoT-enabled knitting machines are enhancing supply chain visibility by providing real-time data on production rates, fabric quality, and machine performance. These intelligent systems allow manufacturers to monitor and control operations remotely, ensuring consistent quality and reducing labor dependency. Robotics and automation are also playing a crucial role in high-speed knitting, with automated yarn feeders and robotic arms streamlining processes for mass production. Augmented reality (AR) and virtual simulation software are being used to visualize knitted fabric structures before production, minimizing trial-and-error and improving design efficiency. Additionally, advancements in 3D knitting technology have enabled the production of seamless garments, reducing fabric waste and post-processing costs. These innovations reflect the growing demand for precision-driven, efficient, and technologically advanced knitting machines that cater to diverse industry needs.Is Sustainability Driving Innovation in Knitting Machine Technology?
Sustainability has become a key focus in the knitting machines market, with manufacturers prioritizing eco-friendly processes and materials to reduce textile waste and energy consumption. The increasing demand for sustainable fashion has encouraged textile producers to adopt machines that minimize water usage, chemical treatments, and material wastage. Digital knitting machines, which allow for precise material utilization, are helping reduce excess fabric waste compared to traditional weaving methods. The adoption of bio-based and recycled yarns in machine knitting is further aligning with global sustainability goals, enabling the production of eco-friendly textiles with lower environmental impact. Energy-efficient knitting machines with optimized motor technology and low-power consumption are being developed to reduce carbon footprints. Additionally, closed-loop manufacturing processes that recycle post-consumer textiles into new knitted fabrics are gaining traction, promoting circular economy principles in the textile industry. The rise of slow fashion and ethical production has also encouraged the use of locally sourced yarns and decentralized manufacturing, reducing transportation emissions and promoting sustainable business models.What Are the Key Growth Drivers in the Knitting Machines Market?
The growth in the global knitting machines market is driven by several factors, including rising demand for sustainable textiles, technological advancements, and the expansion of the apparel and industrial fabric sectors. The increasing preference for knitted fabrics in fashion, activewear, and athleisure has led to higher investments in advanced knitting technology that enhances efficiency and design capabilities. The surge in e-commerce and personalized fashion trends has accelerated the need for flexible and on-demand knitting solutions, allowing brands to produce small-batch, customized garments. The medical textile industry is also contributing to market expansion, with specialized knitting machines being used to manufacture compression garments, bandages, and seamless medical wear. The growing use of smart textiles, including conductive yarns for wearable technology, has further fueled demand for high-precision knitting machines capable of integrating electronic components into fabric structures. Additionally, government initiatives promoting automation in textile manufacturing, particularly in emerging economies, are boosting the adoption of advanced knitting equipment. The expansion of technical textiles, such as knitted materials for automotive, aerospace, and industrial applications, is further diversifying market opportunities. With continuous advancements in digital knitting, sustainable production practices, and smart textile applications, the knitting machines market is poised for significant growth, catering to a wide array of industries with high-performance and environmentally responsible solutions.Report Scope
The report analyzes the Knitting Machines market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments: Type (Warp Knitting Machines, Weft Knitting Machines); Knit Type (Single Knit Type, Double Knit Type); Mode of Operation (Manual Operation, Semi-Automatic Operation, Fully Automatic Operation); End-Use (Automotive Textiles End-Use, Sports Textiles End-Use, Apparel Textiles End-Use, Home Textiles End-Use, Other End-Uses); Distribution Channel (Direct Sales Distribution Channel, Indirect Sales Distribution Channel)
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Warp Knitting Machines segment, which is expected to reach US$3.9 Billion by 2030 with a CAGR of a 3.0%. The Weft Knitting Machines segment is also set to grow at 4.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.4 Billion in 2024, and China, forecasted to grow at an impressive 6.6% CAGR to reach $1.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Knitting Machines Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Knitting Machines Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Knitting Machines Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 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 players such as Baiyuan Machine, Fukuhama Machinery Co., Ltd., Fukuhara Industrial & Trading Co., Ltd., Groz-Beckert KG, Jiangsu Jinlong Technology Co., Ltd. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 34 Featured):
- Baiyuan Machine
- Fukuhama Machinery Co., Ltd.
- Fukuhara Industrial & Trading Co., Ltd.
- Groz-Beckert KG
- Jiangsu Jinlong Technology Co., Ltd.
- Jingmei Machinery Co., Ltd.
- Karl Mayer Textilmaschinenfabrik GmbH
- Mayer & Cie.
- Orizio S.r.l.
- Pailung Machinery Mill Co., Ltd.
- Quanzhou Baiyuan Machinery Co., Ltd.
- Rieter Holding AG
- Santoni S.p.A.
- Shima Seiki Mfg., Ltd.
- Silver Reed (Suzhou) Co., Ltd.
- Stoll (a brand of Karl Mayer)
- Terrot GmbH
- Trützschler GmbH & Co. KG
- Wellknit Machinery Co., Ltd.
- Xiamen Xinglin Xinggang Machinery Co., Ltd.
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What’s Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Baiyuan Machine
- Fukuhama Machinery Co., Ltd.
- Fukuhara Industrial & Trading Co., Ltd.
- Groz-Beckert KG
- Jiangsu Jinlong Technology Co., Ltd.
- Jingmei Machinery Co., Ltd.
- Karl Mayer Textilmaschinenfabrik GmbH
- Mayer & Cie.
- Orizio S.r.l.
- Pailung Machinery Mill Co., Ltd.
- Quanzhou Baiyuan Machinery Co., Ltd.
- Rieter Holding AG
- Santoni S.p.A.
- Shima Seiki Mfg., Ltd.
- Silver Reed (Suzhou) Co., Ltd.
- Stoll (a brand of Karl Mayer)
- Terrot GmbH
- Trützschler GmbH & Co. KG
- Wellknit Machinery Co., Ltd.
- Xiamen Xinglin Xinggang Machinery Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 556 |
Published | April 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 5 Billion |
Forecasted Market Value ( USD | $ 6.2 Billion |
Compound Annual Growth Rate | 3.7% |
Regions Covered | Global |