Round Knitting Looms Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 5% from 2026 to 2033, reaching USD 1.8 Billion by 2033.
In 2024, the global round knitting looms market was valued at approximately USD 240 million and is projected to reach USD 340 million by 2033, reflecting a compound annual growth rate (CAGR) of 4.2% over the forecast period. The Asia Pacific region dominates this market, holding a substantial 79% share, equating to USD 190 million in 2024, with a growth rate of 4.5% CAGR. This dominance is driven by the robust textile industries in countries like China, India, and Bangladesh, where the demand for efficient knitting technologies is escalating. Europe follows with a 12% market share, approximately USD 28.8 million in 2024, and a CAGR of 3.8%, supported by a strong tradition in textile manufacturing and innovation in knitting machinery. North America accounts for a 10% share, around USD 24 million in 2024, growing at a CAGR of 3.5%, fueled by a vibrant DIY culture and a well established e commerce infrastructure that facilitates access to knitting looms and related supplies. The remaining regions collectively hold a 9% share, approximately USD 21.6 million in 2024, with growth attributed to emerging textile industries and increasing adoption of knitting technologies. The markets expansion presents several opportunities, including the development of innovative loom designs that enhance usability and versatility, catering to both hobbyists and professional knitters. The rise of online platforms and communities dedicated to loom knitting offers manufacturers and retailers avenues to engage with consumers, share patterns, and provide tutorials, fostering a sense of community and encouraging the adoption of knitting as a hobby. Additionally, educational outreach programs and workshops can raise awareness about the benefits and capabilities of round knitting looms, attracting new users. The growing consumer interest in sustainable and eco friendly products also opens doors for manufacturers to develop looms using environmentally friendly materials and processes, aligning with global sustainability trends and appealing to environmentally conscious consumers.
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Starlinger
Lohia Group
Yongming Machinery
Windmöller & Hölscher
PHYLLIS
Hengli Machinery
Mandals Technology
SANLONG
JAIKO INDUSTRIES (JP Group)
Yanfeng Group
Dong-Shiuan Enterprise
ATA Group
Hao Yu Precision Machinery
Garter Mechanical Engineering
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Round Knitting Looms Market
Circular Looms
Rectangular Looms
Adjustable Looms
Interchangeable Loom Sets
Plastic Looms
Wooden Looms
Metal Looms
Beginner
Intermediate
Advanced
Children (Ages 5-12)
Teens (Ages 13-19)
Adults (Ages 20-60)
Seniors (Ages 60+)
Fashion Accessories
Home Décor
Blankets and Throws
Toys and Plushies
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Round Knitting Looms Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Round Knitting Looms Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Round Knitting Looms Market, By Type
6. Global Round Knitting Looms Market, By Application
7. Global Round Knitting Looms Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Round Knitting Looms Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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